Wine market trends of the week from 13 to 18 November 2023!
Wine market trends of the week from 13 to 18 November 2023!


Wine market trends of the week from 13 to 18 November 2023!

The world of wine is going through a dynamic and innovative phase, with new trends and significant changes in consumption, products and markets. Here is what emerged in the week from 13 to 18 November 2023.

"Wine in Evolution: Trends of the Week from 13 to 18 November 2023"

Consumption in Evolution

Wine consumption is undergoing a substantial transformation, with a significant increase in the demand for alcohol-free drinks. Wellness awareness is driving more and more consumers towards low-alcohol options, creating a tangible impact on market preferences.

Challenge to Traditions: Generation Z and Wine

In Italy, the world of wine is focusing its attention on Generation Z, the under 25s, who are approaching wine in unique and innovative ways. This segment of consumers challenges consolidated traditions, opening up new perspectives and spaces for innovation in the wine sector.

Decline of Wine: Marginal Role of Sparkling Wine

Despite Italy's rich winemaking tradition, wine, particularly sparkling wine, is seeing a decline in consumer preferences. Wine-based drinks, such as Spritz, are gaining popularity, accounting for 49% of consumer choices, while cocktails, with sparkling wine at 19%, relegate wine to a marginal role in emerging preferences.

New Players on the World Market

The world wine map is constantly evolving, with new states emerging as notable wine producers. These new players are rapidly gaining ground in international markets, influencing consumption dynamics and contributing to a variety of product offerings in the global market.

Conclusions: A New Chapter for Wine

In conclusion, the world of wine is experiencing a period of profound changes, driven by the emerging preferences of younger consumers and challenges to consolidated traditions. The wine industry is challenged to adapt and innovate to remain relevant in an ever-changing landscape. With the decline of traditional wine and the rise of innovative beverages, the sector faces a new era, poised to write an exciting chapter in the history of Italian wine.

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Wine market trends of the week from 13 to 18 November 2023!

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