Italian Sparkling Wine To Dominate Festive Season Sales: Report
Italy is expected to maintain its leading position in sparkling wine sales in the festive season this year, with sales set to be up in volume but down in value.
According to data released by the Wine Observatory of the Italian Union of Wines (UIV) and ISMEA, shoppers will spend less on top of the range products, including Champagne, with increased take-up of more accessible products.
Around 273 million bottles of Italian sparkling wine are expected to be sold globally (up 1.3% year-on-year), including 74 million in Italy ( down 2.3%).
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