The global wine market is projected to attain a valuation of US$ 2971.13 billion by 2033. Wine producers can expect a CAGR of 5.7% through 2023. The current valuation of the market is US$ 1709.27 billion in 2023.

Attributes	Details
Market Size in 2022	US$ 1623.94 billion
Market Size in 2023	US$ 1709.27 billion
Market Size by 2033	US$ 2971.13 billion
Value CAGR (2023 to 2033)	5.7%

Historical Performance of Wine Market

Attributes	Details
Market Size (2018)	US$ 1300.98 billion
Market Size (2022)	US$ 1623.94 billion
Market (CAGR 2018 to 2022)	2.3%

Category-wise Insights

Segment	Wine Type (Red Wine)
2022 Value Share	41.50%

Segment	Sales Channel (Retail)
2022 Value Share	43.50%

Country-wise Insights

Country	China
2023 Market Share	11.0%

Country	Australia
2023 Market Share	4.80%

Country	Germany
2023 Market Share	9.40%

Country	United States
2023 Market Share	17.50%

The global combined revenue in the 'Wine' segment of the alcoholic drinks market was forecast to continuously increase between 2024 and 2029 by in total 41.3 billion U.S. dollars (+12.22 percent). After the ninth consecutive increasing year, the combined revenue is estimated to reach 379.3 billion U.S. dollars and therefore a new peak in 2029. Find more information concerning Europe and Mexico. The Statista Market Insights cover a broad range of additional markets.

Accolade Wines Ltd was the leading wine company in the United Kingdom in 2022. In that year, the company's products accounted for 10.9 percent of the wine market in the country.

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 2024-30.

Global Wine Market Size Volume Per Capita by Country, 2023 Discover more data with ReportLinker!

The Global Wine Market is Segmented by Product Type (Still Wine, Sparkling Wine, and Fortified Wine and Vermouth); Color (Red Wine, Rose Wine, and White Wine); Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online Retailers, and Other Distribution Channels); and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). The Report Offers Market Size and Values in (USD Million) for the Above Segments.

The United States wine market size reached USD 76.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 119.5 Billion by 2033, exhibiting a growth rate (CAGR) of 4.6% during 2025-2033. The rising wine tourism, increasing consumer preferences for premium and diverse wine options, the growing popularity of sustainable and organic wine production, expanding distribution channels, and the increasing interest in wine culture and education are some of the major factors propelling the market growth.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 76.2 Billion
Market Forecast in 2033	USD 119.5 Billion
Market Growth Rate (2025-2033)	4.6%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on product type, color, and distribution channel.

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Wine Market Size 2025-2029

The wine market size is forecast to increase by USD 167.1 billion at a CAGR of 5% between 2024 and 2029.

The market is experiencing significant shifts, driven by the increasing popularity of online sales channels and the rising prominence of private-label brands. Online sales have gained considerable traction, allowing consumers to explore a wider range of options and enjoy the convenience of having wine delivered directly to their doors. This trend is expected to continue, as more consumers turn to e-commerce platforms for their wine purchases. Another key trend shaping the market is the increasing competition from other alcoholic beverages, particularly spirits and beer. As consumers seek new and exciting experiences, wine producers must differentiate themselves by offering unique flavors, sustainable production methods, and competitive pricing. Additionally, private-label brands are gaining prominence, as retailers seek to capitalize on consumer demand for value and exclusivity. These trends present both opportunities and challenges for companies operating in the market. On the one hand, the shift to online sales and the rise of private-label brands offer new avenues for growth. On the other hand, increased competition from other alcoholic beverages and the need to differentiate offerings require strategic planning and innovation. Companies seeking to capitalize on market opportunities and navigate challenges effectively must stay abreast of consumer trends and adapt quickly to changing market conditions.

What will be the Size of the Wine Market during the forecast period?

Request Free SampleThe market is a significant segment of the alcoholic beverage industry, characterized by continuous growth and innovation. With a value exceeding USD300 billion in 2021, this market encompasses various wine types, including red, white, rosé, and sparkling wines. Market dynamics are influenced by factors such as consumer preferences, production methods, and regulatory requirements. Organic wine production is gaining traction, driven by health-conscious consumers seeking natural and sustainable products. Traditional wine production processes involve the use of preservatives like potassium sorbate and potassium metabasulfite to prevent spoilage and enzymatic browning. However, these additives are under scrutiny due to potential health concerns, leading to a shift towards natural preservation methods. Wine is not only consumed for its alcoholic properties but also for its various health benefits. It is believed to reduce the risk of the common cold, lower bad cholesterol levels, and regulate blood sugar levels. Wine's versatility extends beyond beverage applications, as it is also used in cooking. Fortified wines, such as port and sherry, offer unique flavors and textures, further expanding the market's scope. Despite these trends, the wine industry continues to face challenges, including increasing competition and evolving consumer preferences.

How is this Wine Industry segmented?

The wine industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. Distribution ChannelOff-tradeOn-tradeProductRedFortifiedWhiteSparklingGeographyEuropeFranceGermanyItalyUKAPACChinaIndiaJapanNorth AmericaUSCanadaSouth AmericaBrazilMiddle East and Africa

By Distribution Channel Insights

The off-trade segment is estimated to witness significant growth during the forecast period.The off-trade the market encompasses wine sales through retail channels, including supermarkets, convenience stores, wine shops, and e-commerce platforms. This distribution method caters to consumers seeking the convenience of purchasing and consuming wine at home. The growth of the off-trade the market is driven by the expansion of supermarkets, hypermarkets, and department stores globally, as well as the in wine e-commerce. Red wine, a popular variety, accounts for a significant market share due to its health benefits, such as potential heart health advantages and rich flavors. Organic methods in wine production are gaining traction among health-conscious consumers and young wine drinkers. Wine tourism and Western cuisines further contribute to market demand. Despite the increasing popularity of off-trade wine sales, concerns regarding alcohol levels, potential health risks like cell damage and enzymatic browning, and import taxes remain. However, the market outlook remains positive, with increasing product adoption and the emergence of flavored fortified wines and sparkling wine varieties. Consumers prioritize high-quality ingredients and sustainable production methods, leading to a growing trend towards organic wines and eco-friendly packaging.

Get a glance at the market report of sh

The report covers Still Wine Market Revenue in Asia Pacific and is Segmented by Product Type (Still Wine, Sparkling Wine, and Fortified Wine and Vermouth), Color (Red Wine, Rose Wine, and White Wine), Distribution Channel (On-trade and Off-trade), and Geography (China, India, Japan, Australia and Rest of Asia Pacific).

Wine Market is expected to grow at a CAGR of 5.2% during the forecast period 2024-2031

The demand for global Single Serve Wine market is expected to be valued at USD 490.33 Million in 2025, forecasted at a CAGR of 3.8% to have an estimated value of USD 680.30 Million from 2025 to 2035. From 2020 to 2025 a CAGR of 2.6% was registered for the market.

Attributes	Description
Estimated Global Industry Size (2025E)	USD 490.33 Million
Projected Global Industry Value (2035F)	USD 680.30 Million
Value-based CAGR (2025 to 2035)	3.8%

Country wise Insights

Countries	CAGR 2025 to 2035
United States	5.8%
Japan	7.4%
India	4.5%

Category-wise Insights

Segment	Value Share (2025)
Red Wine (Type)	46%

Segment	Value Share (2025)
Smooth (Texture)	37%

The Research Report Covers the United States Wine Market Analysis and is Segmented by Product Type (Still Wine, Sparkling Wine, and Other Product Types), Color (Red Wine, Rose Wine, White Wine, and Other Colors), and Distribution Channel (On-trade and Off-trade). The Market Size is Provided in terms of Value (USD Million) During the Forecasted Years for the Above Segments.

Forecast: Wine Market Size Volume in France 2022 - 2026 Discover more data with ReportLinker!

Global Wine Market Size Volume Share by Country (Thousand Metric Tons), 2023 Discover more data with ReportLinker!

Vietnam wine market size is projected to exhibit a growth rate (CAGR) of 3.89% during 2024-2032. The expanding middle class population and inflating disposable income levels of individuals, increasing reliance on e-commerce platforms, and the rising number of importers, distributors, and wine retailers represent some of the key factors driving the market.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Growth Rate 2024-2032	3.89%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product type, color, and distribution channel.

By 2035, the Wine Market is estimated to expand to USD 874.8 Billion, showcasing a robust CAGR of 5.8% between 2025 and 2035, starting from a valuation of USD 470.5 Billion in 2024.

The Middle East Africa (MEA) Wine Market Report is segmented by Type (Still Wine, Sparkling Wine, Dessert Wine, and Fortified Wine), by Distribution Channel (On-Trade and Off-Trade), and by Country (South Africa, United Arab Emirates, Saudi Arabia, and the Rest of the Middle East & Africa). The market size and forecasts are provided in terms of value (USD) for the above segments.

The global fruit wine market size is expected to rise at a CAGR of 10.4% over the forecast period 2024 to 2034. The market is anticipated to attain a valuation of US$ 2,486.7 million by 2034 from US$ 921.0 million in 2024.

Attributes	Key Insights
Fruit Wine Market Estimated Size (2024E)	US$ 921.0 million
Projected Fruit Wine Market Valuation (2034F)	US$ 2,486.7 million
Value-based Fruit Wine Market CAGR (2024 to 2034)	10.4%

Country-wise Insights

Countries in the Fruit Wine Market	Value-based CAGR (2024 to 2034)
United States	10.0%
United Kingdom	8.2%
Australia	8.5%
Germany	9.5%

Category-wise Insights

Product Type	Apple Wine
Market Share (2024)	25.3%

Wine Category	Sparkling Fruit Wine
Market Share (2024)	35.0%

Sales Channel	Food Service
Market Share (2024)	45.0%

Scope of the Report

Attribute	Details
Estimated Fruit Wine Market Size (2024)	US$ 921.0 million
Projected Fruit Wine Market Size (2034)	US$ 2,486.7 million
Anticipated Growth Rate (2024 to 2034)	10.4%
Forecast Period	2024 to 2034
Historical Data Available for	2019 to 2023
Fruit Wine Market Analysis	US$ million for Value, MT for Volume
Key Regions Covered	North America, Latin America, Europe, East Asia, South Asia, and the Middle East & Africa
Key Countries Covered	United States, Canada, Brazil, Mexico, Germany, UK, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, and others.
Key Segments Covered	Product Type, Wine Category, Sales Channel, and Region
Key Companies Profiled	Accolade Wines Trinchero Family Estates Field Stone Fruit Wines Lyme Bay Winery Cairn o' Mohr Accolade Wines Wine That's Fruit Celtic Country Wines Bruntys Wildberry Beverages Pvt. Ltd. Hill Zill Wines Pvt. Ltd. Other Players
Fruit Wine Market Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, Drivers Restraints Opportunity Trends Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Between 2019 and 2021, domestic sparkling wines seemed to have gained market share in Brazil, rising from 81 percent to 86 percent. In the period between January and April 2022, however, domestic sparkling wines lost some market share compared to the previous years, falling to 79 percent.

The report covers Europe Wine Market Size and it is segmented by Product Type (Still Wine, Sparkling Wine, and Other Product Types); by Color (Red Wine, Rose Wine, White Wine, and Other Wines); by Distribution Channel (On-Trade and Off-Trade); and by Geography (Spain, United Kingdom, France, Germany, Italy, and Rest of Europe). The market size and values are provided in terms of (USD Million) during the forecasted years for the above segments.