In 2023, total volume sales of wine are predicted to marginally decline, before regaining stable growth over the remainder of the forecast period. The marginal decline in 2023 is likely to be driven by the higher cost of living in the UK and lingering inflationary pressures.
The concepts of locality and sustainability will remain key trends within wine over the forecast period, and they will continue to influence consumers’ purchasing decisions. By 2022, other sparkling wine originating from the UK had climbed three positions to rank fourth, and is expected to gain growth momentum over the forecast period as consumers increasingly favour wine produced by either local or regional wine makers.
The cost of producing glass packaging is likely to continue increasing over the forecast period following price rises in 2022. This is due to notable shortages in glass production as manufacturers have struggled with increased energy costs, considering that producing glass is an energy-intensive process.
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Wine
This is the aggregation of still and sparkling light grape wines, fortified wine and vermouth and non-grape wine. In terms of alcohol content, light wine usually falls into the 8-14% ABV bracket while fortified wine ranges from 14-23% ABV. Low and non-alcoholic wine is also included in the data (attributed to each sector as appropriate).
See All of Our DefinitionsThis report originates from Passport, our Wine research and analysis database.
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