The production value of sparkling wine in France is forecast to rise steadily from 2024 to 2028, with values increasing from 5.6737 billion Euros in 2024 to 6.0758 billion Euros in 2028. The 2023 value stood at 5.5737 billion Euros, setting the baseline for these forecasts. Year-on-year growth averages about 1.8% annually, reflecting a consistent upward trend following slight growth from 2023. The Compound Annual Growth Rate (CAGR) over five years indicates a stable and positive growth outlook for the sparkling wine industry in France.
Future trends to watch for include the impact of global market dynamics, changes in consumer preferences towards premium product segments, and potential disruptions in supply chains that could influence production costs and pricing strategies.
