Cultural Issues Relevant to The Wine Industry

Prosecco market

According to IRI statistics, total Italian sparkling rose 28% in 2017; 60% production of Prosecco are exported. UK, US and Germany occupied 75% export market of Prosecco DOC. UK accounts for more than three-quarters of all Prosecco sales in EU, worth EUR 600 M. British drank 2.5 times more than Italian in 2017; 97% of Millennial consume Prosecco in UK. 2014 OVSE reported sales outstripping Champagne at UK largest retailers with sales at Tesco up 50%. According to Vinexpo and IRI, Prosecco is estimated to grow by 13.6% to 34 M 9 L cases by 2020.

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  • M. Lai