The sparkling wine market in Denmark reflects a moderate upward trend over the last decade, with the per capita consumption increasing from 1.01 liters in 2013 to 1.22 liters by 2023. Despite some fluctuations, the compound annual growth rate (CAGR) over the last five years (2019-2023) indicates a steady growth trend. Specifically, from 2021 to 2023, the year-on-year growth was around 0.83% per year, demonstrating a consistent interest and consumption increment in sparkling wine.
Future trends to watch for in the Danish sparkling wine market include:
- An increasing consumer shift towards premium offerings, potentially elevating per capita consumption further.
- A growing interest in organic and sustainably-produced wines aligns with broader environmental trends, potentially affecting market dynamics.
- The potential impact of evolving trade agreements and tariffs on import-led wine markets.
How does Denmark rank in Sparkling Wine Market Size Volume Per Capita?
| # | 11 Countries | Liters Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Luxembourg | 3.69 | 2023 | View data | ||
| 2 | 2 Portugal | 3.23 | 2023 | View data | ||
| 3 | 3 Sweden | 2.72 | 2023 | View data | ||
| 4 | 4 Lithuania | 2.69 | 2023 | View data | ||
| 5 | 5 United Kingdom | 2.38 | 2023 | View data | ||
| 7 | 7 France | 1.85 | 2023 | View data | ||
| 8 | 8 Hungary | 1.52 | 2023 | View data | ||
| 9 | 9 Denmark | 1.22 | 2023 | |||
| 10 | 10 Czech Republic | 0.85 | 2023 | View data | ||
| 11 | 11 Spain | 0.76 | 2023 | View data | ||
