The Italian spumante/sparkling-wine industry is expected to have reached €1.2 billion in export sales for 2016, as it grows at the expense of rivals such as French champagne and Spanish cava, according to a study by Wine Monitor è l'Osservatorio di Nomisma.
Exports of Italian sparkling wines grew by approximately 25% last year, thanks to burgeoning prosecco sales.
The French market remains the leader in terms of sparkling-wine exports, which were valued at €2.7 billion in 2015, but declined by approximately 1% last year.
Spanish sparkling wine exports also saw a decline last year, of approximately 3%.
© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Dario Romano. To subscribe to ESM: The European Supermarket Magazine, click here.
