Daily Newsletter

12 August 2024

Daily Newsletter

12 August 2024

Lipton’s Kenyan tea estate sale challenged by indigenous group

The Kericho tea plantation in Kenya has been at the centre of historical violence and human-rights issues.

Henry Mathieu

The Kericho tea plantation in Kenya has been at the centre of historical violence and human-rights issues.

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Wine Market Overview

Per GlobalData, the wine market size was valued at $333.7 billion in 2023 and will achieve a CAGR of >6% during 2023-2028. The increasing popularity of wine among young consumers will drive market growth during the forecast period. In 2023, Western Europe garnered the highest wine market revenue with France, Italy, Germany, and the UK being the major contributors. The regional market growth can be attributed to the easing of inflation and wage growth that will help consumers’ spending on wine offerings.

Wine Market Overview

Per GlobalData, the wine market size was valued at $333.7 billion in 2023 and will achieve a CAGR of >6% during 2023-2028. The increasing popularity of wine among young consumers will drive market growth during the forecast period. In 2023, Western Europe garnered the highest wine market revenue with France, Italy, Germany, and the UK being the major contributors. The regional market growth can be attributed to the easing of inflation and wage growth that will help consumers’ spending on wine offerings.

Wine Market Overview

Per GlobalData, the wine market size was valued at $333.7 billion in 2023 and will achieve a CAGR of >6% during 2023-2028. The increasing popularity of wine among young consumers will drive market growth during the forecast period. In 2023, Western Europe garnered the highest wine market revenue with France, Italy, Germany, and the UK being the major contributors. The regional market growth can be attributed to the easing of inflation and wage growth that will help consumers’ spending on wine offerings.

Wine Market Overview

Per GlobalData, the wine market size was valued at $333.7 billion in 2023 and will achieve a CAGR of >6% during 2023-2028. The increasing popularity of wine among young consumers will drive market growth during the forecast period. In 2023, Western Europe garnered the highest wine market revenue with France, Italy, Germany, and the UK being the major contributors. The regional market growth can be attributed to the easing of inflation and wage growth that will help consumers’ spending on wine offerings.

Wine Market Overview

Per GlobalData, the wine market size was valued at $333.7 billion in 2023 and will achieve a CAGR of >6% during 2023-2028. The increasing popularity of wine among young consumers will drive market growth during the forecast period. In 2023, Western Europe garnered the highest wine market revenue with France, Italy, Germany, and the UK being the major contributors. The regional market growth can be attributed to the easing of inflation and wage growth that will help consumers’ spending on wine offerings.

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