Research in Focus - Prosecco Leads the Sparkling Wine Charge
Research in Focus - Prosecco Leads the Sparkling Wine Charge
Sep 10, 2012 6
(Just-Drinks) - Growth in sparkling wine of the non-Champagne variety has been a somewhat unheralded success story of the global wines and spirits market during the past ten years, and the product which typifies the sector's progress - and the star performer to boot - is the northern Italian fizz, Prosecco. According to a new report from The IWSR and just-drinks, between 2002 and 2012, global shipments of non-Champagne sparkling wine shipments increased by 42.5m nine-litre cases to reach just under 181m cases. This represents a 2.5% compound annual growth rate (CAGR) between 2006 and 2011. The report also forecasts that global sales will reach 202.57m nine-litre cases by 2016.
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