Wine MarketWine Market

Market Insights and Analysis: Wine Market Overview and Projections (2024-2030)

The Global Wine Market size was valued at USD 336.03 billion in 2023 & is projected to reach USD 462.2 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.64% during the forecast period, i.e., 2024-30.

Top leading companies in the Wine Market includes:

E & J Gallo, Constellation Brands, The Wine Society, Treasury Wine Estates, Vina Concha Y Toro, Castel Freres, Accolade Wines, Pernod Ricard, Grupo Penaflor, Fecovita Co-Op, Scout and Cellar, Miller Family Wine Company, Boisset Collection, Kendall-Jackson Wine, Bacardi Limited (Martini Brand), Others (VineOh, Australian Vintage Ltd., etc.)

Recent Developments

  • 2024: Miller Family Wine Company (MFWC), owned by one of California’s winegrowing families, announced its new national partnership with Republic National Distributing Company (RNDC).
  • 2023: The Wine Society launched a fresh assortment of No and Low alcoholic beverages curated to entice wine enthusiasts.

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Report Segmentation:

The market is categorized into the following segments in the report:

By Type

-Still Light Grape Wine

–Still White Wine

–Still Rose Wine

–Still Red Wine

-Sparkling Wine

–Champagne

–Prosecco

–Cava

–Others (Asti Spumante, Crémant, etc.)

-Non-Grape Wine

–Rice Wine

–Plum Wine

–Others (Dandelion wine, etc.)

–Fortified Wine

–Port

–Sherry

–Vermouth

–Others (Madeira, Marsala, etc.)

  • The Still Light-Grape Wine holds the majority of the market share, owing to its popularity due to its authentic taste & flavor.

By Distribution Channel

-On-Trade

-Off-Trade

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Wine Market Geographic Reach:

The Geographic Reach of the Wine Market evaluates the spread and significance of Wine market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.

  • North America: US, Canada, Mexico
  • Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
  • Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
  • South America: Brazil, Argentina, Rest of South America
  • Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA

Note: If you require specific information not covered in the current report, we can provide it through customized option

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