London March 13th, 2019 - The remarkable growth of sparkling wine in the UK will continue as it steals market share from still wine, while gin will drive the entire spirits market, forecasts the latest market analysis from the IWSR Vinexpo Report 2012-2022.
Consumption of all sparkling wines, led by Prosecco, will climb from 14.4 million 9 litre cases in 2017 to 16.2 million by 2022. A comparison of growth per head over ten years from 2012 shows consumption growing from 1.8 litres to 2.8 litres by 2022.
Imports of Prosecco will rise to 11.7 million cases by 2022 at the expense of both Champagne, Cava and all still wine, the report forecasts. English sparkling wine is forecast to add 100,000 cases to the market in that period.
The UK will remain the world’s second largest import market for still wine by 2022 behind Germany in first place. Over the 2017-2022 period UK consumption of still wine will drop from 114.2 million cases in 2017...