Wine Market Size, Share & Forecast 2030 | Industry Worth 462.2 billion By 2030

Global Wine Market Research Report: Forecast (2024-2030)

Wine Market Report - By Type (Still Light Grape Wine [Still White Wine, Still Rose Wine, Still Red Wine], Sparkling Wine [Champagne, Prosecco, Cava, Others], Non-Grape Wine [Rice Wine, Plum Wine, Othe... ... ine, Plum Wine, Others], Fortified Wine [Port, Sherry, Vermouth, Others]), By Distribution Channel (On-Trade, Off-Trade) and others Read more

Food & Beverages
Jun 2024
Pages 207
Report Format: PDF, Excel, PPT

Market Definition

Wine, an alcoholic drink commonly produced using fermented grapes or other fruits, holds a prominent place in the world's history and is widely consumed to this day. The fundamental wine-making process involves crushing fruit into juice which is then transformed through yeast fermentation, converting sugars within it into carbon dioxide and alcohol.

Market Insights & Analysis: Global Wine Market (2024-30):

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. The predominant driving factor for market growth is the extensive acceptance of Western influences and cross-cultural patterns. The soaring preference towards unique wine selections in metropolitan regions, coupled with an upsurge in alcohol demands during social occasions, greatly influences wine sales globally. In addition, the wine market is experiencing growth due to multiple causes, including increased awareness regarding the benefits of consuming low-calorie alcohol-based beverages among a large & young population. This trend has resulted in more individuals socializing at bars and restaurants, which further drives demand upwards, alongside an increase in recreational clubs, lounges, and restaurants.

Report Coverage	Details
Study Period	Historical Data: 2019-22
	Base Year: 2023
	Forecast Period: 2024-30
CAGR (2024-2030)	4.64%
Regions Covered	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
Key Companies Profiled	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.)
Market Value (2023)	USD 336.03 Billion
Market Value (2030)	USD 462.2 Billion

In recent years, the Global Wine Market has thrived due to the trend of product premiumization in the food and beverages industry. Consumers' increasing demand for unique, high-quality flavors has also contributed to this growth. The consumption of wine is now commonly associated with the luxury living of the upper classes, which further promotes its expansion. In developed economies, consumers are eager to invest in quality products from various brands as they become more discerning about their wines.

The introduction of cannabis-infused beverages like wines in recent years has hit high sales targets, and winemakers have ramped up their marketing efforts aimed at expanding their customer base, contributing further to the increasing demand for wine products worldwide. Manufacturers have responded by releasing an array of sensory-focused premium options based on taste preferences. This ongoing emphasis on premiumization is seen to be attracting revenue from around the world while engaging long-term consumer interest.

Moreover, in the forthcoming years, millennials and novice liquor consumers globally will have greater chances to savor & relish canned products from leading companies like Sula Vineyards Pvt. Ltd., Ardagh Group S.A., etc. For instance:

In 2024, Sula Vineyards launched India’s first wine in a can Dia Sparkler. The concept of wine in a can is blooming globally.

With the widespread popularity of canned packaging, canned alcohol, such as wines has become a new trend in both beverage consumerism & markets alike, due to accessibility & affordability worldwide. Furthermore, the global adoption of advanced wine packaging is contributing positively towards an expanded market size opportunity.

Market Segmentation
Introduction
1. Market Definition
2. Research Process
3. Assumption
Executive Summary
Global Wine Market Pricing Analysis
Global Wine Market Trends & Insights
Global Wine Market Dynamics
1. Growth Drivers
2. Challenges
Global Wine Market Hotspot & Opportunities
Global Wine Market Supply Chain Analysis
Global Wine Market Regulation & Policy
Global Wine Market Outlook, 2019-2030
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Volume (Million Liters)
2. Market Share & Analysis
  1. By Type
    1. Still Light Grape Wine- Market Size & Forecast 2019-2030, (Million Liters)
      1. Still White Wine- Market Size & Forecast 2019-2030, (Million Liters)
      2. Still Rose Wine- Market Size & Forecast 2019-2030, (Million Liters)
      3. Still Red Wine- Market Size & Forecast 2019-2030, (Million Liters)
    2. Sparkling Wine- Market Size & Forecast 2019-2030, (Million Liters)
      1. Champagne- Market Size & Forecast 2019-2030, (Million Liters)
      2. Prosecco- Market Size & Forecast 2019-2030, (Million Liters)
      3. Cava- Market Size & Forecast 2019-2030, (Million Liters)
      4. Others (Asti Spumante, Crémant, etc.)- Market Size & Forecast 2019-2030, (Million Liters)
    3. Non-Grape Wine- Market Size & Forecast 2019-2030, (Million Liters)
      1. Rice Wine- Market Size & Forecast 2019-2030, (Million Liters)
      2. Plum Wine- Market Size & Forecast 2019-2030, (Million Liters)
      3. Others (Dandelion wine, etc.)- Market Size & Forecast 2019-2030, (Million Liters)
    4. Fortified Wine- Market Size & Forecast 2019-2030, (Million Liters)
      1. Port- Market Size & Forecast 2019-2030, (Million Liters)
      2. Sherry- Market Size & Forecast 2019-2030, (Million Liters)
      3. Vermouth- Market Size & Forecast 2019-2030, (Million Liters)
      4. Others (Madeira, Marsala, etc.)- Market Size & Forecast 2019-2030, (Million Liters)
  2. By Distribution Channel
    1. On-Trade- Market Size & Forecast 2019-2030, (Million Liters)
    2. Off-Trade- Market Size & Forecast 2019-2030, (Million Liters)
  3. By Region
    1. North America
    2. South America
    3. Europe
    4. The Middle East & Africa
    5. Asia-Pacific
  4. By Company
    1. Competition Characteristics
    2. Revenue Shares
North America Wine Market Outlook, 2019- 2030
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Volume (Million Liters)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2019-2030, (Million Liters)
  2. By Distribution Channel- Market Size & Forecast 2019-2030, (Million Liters)
  3. By Country
    1. The US
    2. Canada
    3. Mexico
3. The US Wine Market Outlook, 2019-2030
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Volume (Million Liters)
  2. Market Size & Analysis
    1. By Type- Market Size & Forecast 2019-2030, (Million Liters)
    2. By Distribution Channel- Market Size & Forecast 2019-2030, (Million Liters)
4. Canada Wine Market Outlook, 2019-2030
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Volume (Million Liters)
  2. Market Size & Analysis
    1. By Type- Market Size & Forecast 2019-2030, (Million Liters)
    2. By Distribution Channel- Market Size & Forecast 2019-2030, (Million Liters)
5. Mexico Wine Market Outlook, 2019-2030
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Volume (Million Liters)
  2. Market Size & Analysis
    1. By Type- Market Size & Forecast 2019-2030, (Million Liters)
    2. By Distribution Channel- Market Size & Forecast 2019-2030, (Million Liters)
South America Wine Market Outlook, 2019- 2030
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Volume (Million Liters)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2019-2030, (Million Liters)
  2. By Distribution Channel- Market Size & Forecast 2019-2030, (Million Liters)
  3. By Country
    1. Brazil
    2. Argentina
    3. Rest of South America
3. Brazil Wine Market Outlook, 2019-2030
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Volume (Million Liters)
  2. Market Size & Analysis
    1. By Type- Market Size & Forecast 2019-2030, (Million Liters)
    2. By Distribution Channel- Market Size & Forecast 2019-2030, (Million Liters)
4. Argentina Wine Market Outlook, 2019-2030
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Volume (Million Liters)
  2. Market Size & Analysis
    1. By Type- Market Size & Forecast 2019-2030, (Million Liters)
    2. By Distribution Channel- Market Size & Forecast 2019-2030, (Million Liters)
Europe Wine Market Outlook, 2019- 2030
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Volume (Million Liters)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2019-2030, (Million Liters)
  2. By Distribution Channel- Market Size & Forecast 2019-2030, (Million Liters)
  3. By Country
    1. The UK
    2. Germany
    3. France
    4. Italy
    5. Spain
    6. Rest of Europe
3. The UK Wine Market Outlook, 2019-2030
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Volume (Million Liters)
  2. Market Size & Analysis
    1. By Type- Market Size & Forecast 2019-2030, (Million Liters)
    2. By Distribution Channel- Market Size & Forecast 2019-2030, (Million Liters)
4. Germany Wine Market Outlook, 2019-2030
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Volume (Million Liters)
  2. Market Size & Analysis
    1. By Type- Market Size & Forecast 2019-2030, (Million Liters)
    2. By Distribution Channel- Market Size & Forecast 2019-2030, (Million Liters)
5. France Wine Market Outlook, 2019-2030
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Volume (Million Liters)
  2. Market Size & Analysis
    1. By Type- Market Size & Forecast 2019-2030, (Million Liters)
    2. By Distribution Channel- Market Size & Forecast 2019-2030, (Million Liters)
6. Italy Wine Market Outlook, 2019-2030
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Volume (Million Liters)
  2. Market Size & Analysis
    1. By Type- Market Size & Forecast 2019-2030, (Million Liters)
    2. By Distribution Channel- Market Size & Forecast 2019-2030, (Million Liters)
7. Spain Wine Market Outlook, 2019-2030
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Volume (Million Liters)
  2. Market Size & Analysis
    1. By Type- Market Size & Forecast 2019-2030, (Million Liters)
    2. By Distribution Channel- Market Size & Forecast 2019-2030, (Million Liters)
The Middle East & Africa Wine Market Outlook, 2019- 2030
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Volume (Million Liters)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2019-2030, (Million Liters)
  2. By Distribution Channel- Market Size & Forecast 2019-2030, (Million Liters)
  3. By Country
    1. Saudi Arabia
    2. The UAE
    3. South Africa
    4. Rest of The Middle East & Africa
3. Saudi Arabia Wine Market Outlook, 2019-2030
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Volume (Million Liters)
  2. Market Size & Analysis
    1. By Type- Market Size & Forecast 2019-2030, (Million Liters)
    2. By Distribution Channel- Market Size & Forecast 2019-2030, (Million Liters)
4. The UAE Wine Market Outlook, 2019-2030
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Volume (Million Liters)
  2. Market Size & Analysis
    1. By Type- Market Size & Forecast 2019-2030, (Million Liters)
    2. By Distribution Channel- Market Size & Forecast 2019-2030, (Million Liters)
5. South Africa Wine Market Outlook, 2019-2030
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Volume (Million Liters)
  2. Market Size & Analysis
    1. By Type- Market Size & Forecast 2019-2030, (Million Liters)
    2. By Distribution Channel- Market Size & Forecast 2019-2030, (Million Liters)
Asia-Pacific Wine Market Outlook, 2019- 2030
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Volume (Million Liters)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2019-2030, (Million Liters)
  2. By Distribution Channel- Market Size & Forecast 2019-2030, (Million Liters)
  3. By Country
    1. China
    2. Japan
    3. South Korea
    4. India
    5. Australia
    6. Rest of Asia-Pacific
3. China Wine Market Outlook, 2019-2030
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Volume (Million Liters)
  2. Market Size & Analysis
    1. By Type- Market Size & Forecast 2019-2030, (Million Liters)
    2. By Distribution Channel- Market Size & Forecast 2019-2030, (Million Liters)
4. Japan Wine Market Outlook, 2019-2030
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Volume (Million Liters)
  2. Market Size & Analysis
    1. By Type- Market Size & Forecast 2019-2030, (Million Liters)
    2. By Distribution Channel- Market Size & Forecast 2019-2030, (Million Liters)
5. South Korea Wine Market Outlook, 2019-2030
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Volume (Million Liters)
  2. Market Size & Analysis
    1. By Type- Market Size & Forecast 2019-2030, (Million Liters)
    2. By Distribution Channel- Market Size & Forecast 2019-2030, (Million Liters)
6. India Wine Market Outlook, 2019-2030
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Volume (Million Liters)
  2. Market Size & Analysis
    1. By Type- Market Size & Forecast 2019-2030, (Million Liters)
    2. By Distribution Channel- Market Size & Forecast 2019-2030, (Million Liters)
7. Australia Wine Market Outlook, 2019-2030
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Volume (Million Liters)
  2. Market Size & Analysis
    1. By Type- Market Size & Forecast 2019-2030, (Million Liters)
    2. By Distribution Channel- Market Size & Forecast 2019-2030, (Million Liters)
Global Wine Market Key Strategic Imperatives for Success & Growth
Competitive Outlook
1. Company Profiles
  1. E & J Gallo
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  2. Constellation Brands
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  3. The Wine Society
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  4. Treasury Wine Estates
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  5. Vina Concha Y Toro
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  6. Castel Freres
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  7. Accolade Wines
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  8. Pernod Ricard
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  9. Grupo Penaflor
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  10. Fecovita Co-Op
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  11. Scout and Cellar
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  12. Miller Family Wine Company
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  13. Boisset Collection
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  14. Kendall-Jackson Wine
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  15. Bacardi Limited (Martini Brand)
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  16. Others (VineOh, Australian Vintage Ltd., etc.)
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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