MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled Wine Market Research Report Forecast (2024-2030). This report provides a detailed assessment of the Wine Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

• Historical Years: 2019-22
• Base Years: 2023
• Forecast year – 2024-20300

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Download a FREE PDF Sample of the Report and Discover the market potential, platform-specific insights, and key industry trends.

Wine Market Outlook

According to the report, 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.

The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.

Wine Market Drivers:

Rising Wine Tourism Boosting the Market Expansion – The trend of wine tourism has gained popularity among consumers who are seeking educational and immersive experiences related to the production and culture surrounding wine. This involves visiting vineyards in wine-producing regions, participating in tastings, and discovering more about winemaking processes. The hotspots for wine enthusiasts comprise conventional winemaking regions such as France, Italy, Spain, and America alongside upcoming New World vineyards. Hence, this leads to the direct sales of wines to the consumers as they purchase the bottle of wines they’ve tasted.

View Full Report (All Data, In One Place) and Explore in-depth analyses, technological trends, and investment patterns.

Wine Market Trends:

Surging Popularity of Organic Wines in Developed Economies – The Global Wine Market is experiencing robust growth, fueled by the escalating demand for organic wines, especially in developed countries such as Germany, England, Switzerland, New Zealand, Japan, and the United States. Interest in healthier wine options is on the rise as consumers are increasingly recognizing the health benefits of organic products, driving demand for natural & sustainable wines. These factors are reshaping consumer tastes and significantly impacting the Wine Market growth. This has prompted wineries to expand their organic product lines to capitalize on market growth. In 2022, Campo Viejo introduced its first organic wine brand, Campo Viejo Ecológico, which is produced as per organic certification standards.

Wine Market Segmentation

The study categorizes the Wine Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

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.)

By Distribution Channel

• On-Trade
• Off-Trade

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Talk to Our Industry Analyst and Get personalized insights into company strategies and regional market dynamics.

Leading Companies in Wine Market Worldwide: Players, Analysis & Future Outlook

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), and Others (VineOh, Australian Vintage Ltd., Sula etc.) are the top players in the Wine Market.

Key Highlights of the Report

• Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
• Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
• Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
• Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/wine-market.html

Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the Wine Market?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the Wine Market?
4. Who are the prominent players in the Wine Market?
5. How is the competition structured in this market?
6. How can I access the full report?

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About Us

MarkNtel Advisors is a leading global market intelligence firm specializing in the food and beverages industry, encompassing food supplements & additives, food logistics, and warehousing solutions. We deliver comprehensive research on supply chain efficiency, evolving consumption trends, and regulatory shifts. With our Custom Market Analysis, we offer tailored insights to manufacturers, distributors, and investors, helping them optimize operations, strengthen market positioning, and drive sustainable growth in the global F&B ecosystem.

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