Europe Luxury Wines and Spirits market

Germany accounted for the largest market share in 2017 in the europe luxury wines and spirits market, and is expected to reach usd 6409.20 million in 2023 from usd 5302.60 million in 2017. however, rest of europe is the fastest growing market, which is expected to grow at a cagr of 4.78% during the forecast period 2018 - 2023. wine segment accounted for the largest market share in 2017, this market is expected to reach usd 14319.60 million in 2023 from usd 11716.00 million in 2017. this market is projected to grow at a cagr of 3.24% during the forecast period from 2018 - 2023. however, whiskey segment is the fastest growing market, which is expected to grow at a cagr of 4.80% during the forecast period 2018 - 2023. food retail segment accounted for the larger market share in 2017, this market is expected to reach usd 12373.99 million in 2023 from usd 9935.32 million in 2017. this market is projected to grow at a cagr of 3.59% during the forecast period from 2018 - 2023. however, food service segment is the fastest growing market, which is expected to grow at a cagr of 3.75% during the forecast period 2018 - 2023.