The forecast of Italy's production of wine from fresh grapes, excluding sparkling wine, indicates a steady growth from 2024 to 2028. In 2023, the production stood at approximately 6.6 billion liters. The year-on-year growth rate is around 1.9% for 2024, with a gradual increase to about 1.8% yearly by 2028. The compound annual growth rate (CAGR) over the five years is approximately 1.8%, highlighting consistent expansion in the industry.
Future trends to watch for include:
- Impact of climate change on grape harvest quality and volume.
- Shifts in global wine market demand influencing production strategies.
- Technological advancements in wine production enhancing efficiency.
- Changes in consumer preferences towards organic and sustainable wine production.