The three European giants are also the world’s top three wine producers, followed by the United States. The U.S. is the leading country for total wine consumption, followed by France, Italy, and Germany. If you want to know more about the worldwide wine market or the market of a specific country, you can visit our consumer market outlook for more information.
The alcohol market
When it comes to the consumption of all alcoholic beverages by country the U.S. loses its top spot it held in wine consumption and comes in second place to China. The total western European alcoholic drinks market had a value of nearly 359 billion Euros in 2020. Over the previous few years, the European alcoholic market has seen a steady growth trend.