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Wine Market Size, Trends, Analysis, and Outlook By Product (Table Wine, Dessert Wine, Sparkling Wine), By Distribution Channel (On-trade, Off-trade), by Country, Segment, and Companies, 2024-2032

October 2024 | 190 pages | ID: W498349DC993EN
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Global Wine Market Size is valued at $504.2 Billion in 2024 and is forecast to register a growth rate (CAGR) of 5.3% to reach $762.1 Billion by 2032.

The wine market is expected to grow due to rising consumer interest in premium wines and the growing culture of wine appreciation, particularly among millennials. Organic, biodynamic, and sustainably produced wines are gaining popularity as consumers become more eco-conscious. The rise of online wine retail platforms and virtual wine-tasting experiences is further driving market growth. Innovations in packaging, such as wine in cans and single-serve bottles, are appealing to younger, convenience-driven consumers.

Wine Market Drivers, Trends, Opportunities, and Growth Opportunities

The comprehensive report presents unique market trends and challenges shaping the outlook for industry stakeholders. The Future of Wine survey report provides the market size outlook across types, applications, and segments globally and regionally. It also offers data-driven insights and actionable recommendations for companies in the Wine industry.

Key market trends defining the global Wine demand in 2025 and Beyond

The Wine industry remains an attractive hub for both domestic and global vendors. As we enter 2025, demand from end-user sectors, changes in consumption patterns, new product launches, and widening distribution channels will play major roles.

Wine Market Segmentation- Industry Share, Market Size, and Outlook to 2032

Rising demand for diverse products and applications fuels the increased investments in niche segments. Leading companies focus on generating a large share of their future revenue growth by expanding into these niche segments. The report presents a market size outlook across segments, supporting companies scaling up production with a focus on potential countries.

Key strategies adopted by companies within the Wine industry

Leading Wine companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions. In particular, companies that leverage advanced technologies to achieve operational excellence are set to gain significant revenues. The report details the key strategies adopted by the top 10 Wine companies.

Wine Market Study- Strategic Analysis Review

The market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions.

- Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.

- Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.

- Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.

- Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Wine Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Wine industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three scenarios: low case, reference case, and high case.

Wine Country Analysis and Revenue Outlook to 2032

The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2032. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2032.

North America Wine Market Size Outlook- Companies plan for focused investments in a changing environment

The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various Wine market segments. Similarly, strong market demand encourages Canadian Wine companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.

Europe Wine Market Size Outlook- Companies investing in assessing consumers, categories, competitors, and capabilities.

The German Wine industry remains the major market for companies in the European Wine industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Wine market fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and addressing niche consumer segments.

Asia Pacific Wine Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing pool of consumer base, robust consumption expenditure, and increasing investments in manufacturing drive the demand for Wine in Asia Pacific. In particular, China, India, and South East Asian Wine markets present a compelling outlook for 2032, attracting both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate market changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Wine Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to higher purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Wine Market Size Outlook- continues its upward trajectory across segments.

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Wine market potential. Fuelled by increasing consumption expenditure of individuals and growing population drive the demand for Wine.

Wine Company Profiles

The global Wine market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. The leading companies included in the study are Accolade Wines Australia Ltd, Boisset Family Estates, Bronco Wine Co., Casella Wines Pty. Ltd, Castel Freres, Charlie and Echo, Delicato Family Wines, Deutsch Family Wine and Spirits, E. and J. Gallo Winery, Emiliana Organic Vineyards, Harris Organic Wines, Inglenook, Jackson Family Wines Inc, King Estate Winery, Les Domaines Barons de Rothschild Lafite, Pernod Ricard SA, The Wine Group LLC, Treasury Wine Estates Ltd, Vina Concha y Toro SA.

Recent Wine Market Developments

The global Wine market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Wine Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:

By Product

Table Wine

Dessert Wine

Sparkling Wine

By Distribution Channel

On-trade

Off-trade

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

Accolade Wines Australia Ltd

Boisset Family Estates

Bronco Wine Co.

Casella Wines Pty. Ltd

Castel Freres

Charlie and Echo

Delicato Family Wines

Deutsch Family Wine and Spirits

E. and J. Gallo Winery

Emiliana Organic Vineyards

Harris Organic Wines

Inglenook

Jackson Family Wines Inc

King Estate Winery

Les Domaines Barons de Rothschild Lafite

Pernod Ricard SA

The Wine Group LLC

Treasury Wine Estates Ltd

Vina Concha y Toro SA

Formats Available: Excel, PDF, and PPT
CHAPTER 1: EXECUTIVE SUMMARY

1.1 Study Scope
1.2 Market Definition
1.3 Report Guide
  1.3.1 Country Coverage
  1.3.2 Companies Profiled
  1.3.3 Study Period: 2018 to 2023 and 2024 to 2032
  1.3.4 Units
1.4 Abbreviations

CHAPTER 2. WINE MARKET OVERVIEW- 2025

2.1 An Introduction to the Global Wine Markets
2.2 Key Statistics
2.3 Region Benchmarking, 2024
2.4 Country Positioning Matrix, 2024

CHAPTER 3. STRATEGIC ANALYSIS REVIEW

3.1 Wine Industry Stakeholders
3.2 Value Chain Analysis
3.3 Porter’s Five Forces Analysis
3.4 SWOT Profile
3.5 Recent Market Developments

CHAPTER 4. IMPACT ANALYSIS AND SCENARIO FORECASTS

4.1 Russia-Ukraine Conflict Analysis
4.2 COVID-19: Post Pandemic Recovery Analysis
4.3 US Inflation and Sluggish Growth in China
4.4 Focus on Sustainability
4.5 Low Growth Case Scenario: Global Wine Market Outlook to 2032
4.6 Reference Case Scenario: Global Wine Market Outlook to 2032
4.7 High Growth Case Scenario: Global Wine Market Outlook to 2032

CHAPTER 5: WINE MARKET DYNAMICS

5.1 Key Wine Market Trends
5.2 Potential Wine Market Opportunities
5.3 Key Market Challenges

CHAPTER 6: GLOBAL WINE MARKET ANALYSIS AND OUTLOOK TO 2032

6.1 Global Market Outlook by Segments, 2021 to 2032
6.2 Product
Table Wine
Dessert Wine
Sparkling Wine
Distribution Channel
On-trade
Off-trade
6.3 Global Market Outlook by Region, 2021 to 2032

CHAPTER 7: NORTH AMERICA WINE MARKET ANALYSIS AND OUTLOOK TO 2032

7.1 North America Market Outlook by Segments, 2021- 2032
7.2 Product
Table Wine
Dessert Wine
Sparkling Wine
Distribution Channel
On-trade
Off-trade
7.3 North America Market Outlook by Country, 2021- 2032
  7.3.1 United States Wine Market Size Forecast, 2021- 2032
  7.3.2 Canada Wine Market Size Forecast, 2021- 2032
  7.3.3 Mexico Wine Market Size Forecast, 2021- 2032

CHAPTER 8: EUROPE WINE MARKET ANALYSIS AND OUTLOOK TO 2032

8.1 Europe Market Outlook by Segments, 2021- 2032
8.2 Product
Table Wine
Dessert Wine
Sparkling Wine
Distribution Channel
On-trade
Off-trade
8.3 Europe Market Outlook by Country, 2021- 2032
  8.3.1 Germany Wine Market Size Forecast, 2021- 2032
  8.3.2 France Wine Market Size Forecast, 2021- 2032
  8.3.3 United Kingdom Wine Market Size Forecast, 2021- 2032
  8.3.4 Spain Wine Market Size Forecast, 2021- 2032
  8.3.5 Italy Wine Market Size Forecast, 2021- 2032
  8.3.6 Russia Wine Market Size Forecast, 2021- 2032
  8.3.7 Rest of Europe Wine Market Size Forecast, 2021- 2032

CHAPTER 9: ASIA PACIFIC WINE MARKET ANALYSIS AND OUTLOOK TO 2032

9.1 Asia Pacific Market Outlook by Segments, 2021- 2032
9.2 Product
Table Wine
Dessert Wine
Sparkling Wine
Distribution Channel
On-trade
Off-trade
9.3 Asia Pacific Market Outlook by Country, 2021- 2032
  9.3.1 China Wine Market Size Forecast, 2021- 2032
  9.3.2 India Wine Market Size Forecast, 2021- 2032
  9.3.3 Japan Wine Market Size Forecast, 2021- 2032
  9.3.4 South Korea Wine Market Size Forecast, 2021- 2032
  9.3.5 Australia Wine Market Size Forecast, 2021- 2032
  9.3.6 South East Asia Wine Market Size Forecast, 2021- 2032
  9.3.7 Rest of Asia Pacific Wine Market Size Forecast, 2021- 2032

CHAPTER 10: SOUTH AMERICA WINE MARKET ANALYSIS AND OUTLOOK TO 2032

10.1 South America Market Outlook by Segments, 2021- 2032
10.2 Product
Table Wine
Dessert Wine
Sparkling Wine
Distribution Channel
On-trade
Off-trade
10.3 South America Market Outlook by Country, 2021- 2032
  10.3.1 Brazil Wine Market Size Forecast, 2021- 2032
  10.3.2 Argentina Wine Market Size Forecast, 2021- 2032
  10.3.3 Rest of South America Wine Market Size Forecast, 2021- 2032

CHAPTER 11: MIDDLE EAST AND AFRICA WINE MARKET ANALYSIS AND OUTLOOK TO 2032

11.1 Middle East and Africa Market Outlook by Segments, 2021- 2032
11.2 Product
Table Wine
Dessert Wine
Sparkling Wine
Distribution Channel
On-trade
Off-trade
11.3 Middle East and Africa Market Outlook by Country, 2021- 2032
  11.3.1 Saudi Arabia Wine Market Size Forecast, 2021- 2032
  11.3.2 The UAE Wine Market Size Forecast, 2021- 2032
  11.3.3 Rest of Middle East Wine Market Size Forecast, 2021- 2032
  11.3.4 South Africa Wine Market Size Forecast, 2021- 2032
  11.3.4 Rest of Africa Wine Market Size Forecast, 2021- 2032

CHAPTER 12: COMPETITIVE LANDSCAPE

12.1 Competitive Analysis- Product Profile, SWOT, Financial Profiles
12.2 Key Companies Profiled in the Study
12.3 Accolade Wines Australia Ltd
Boisset Family Estates
Bronco Wine Co.
Casella Wines Pty. Ltd
Castel Freres
Charlie and Echo
Delicato Family Wines
Deutsch Family Wine and Spirits
E. and J. Gallo Winery
Emiliana Organic Vineyards
Harris Organic Wines
Inglenook
Jackson Family Wines Inc
King Estate Winery
Les Domaines Barons de Rothschild Lafite
Pernod Ricard SA
The Wine Group LLC
Treasury Wine Estates Ltd
Vina Concha y Toro SA

CHAPTER 13: SOURCES AND RESEARCH METHODOLOGY

13.1 Primary and Secondary Sources
13.2 Research Methodology
13.3 Data Triangulation and Validation
13.4 Assumptions and Limitations
13.5 Forecast Methodology
Appendix
A: Highlights of the Q4-2024 Version
B: Conclusion and Future Recommendations
C: Customization Options
D: Contact Information

LIST OF FIGURES

Figure 1: Country Analysis: Largest Market Share (%)- 2024 vs. 2032
Figure 2: GDP (Current Prices) Outlook by Country, 2010- 2032
Figure 3: Population Outlook by Country, 2010- 2032
Figure 4: Inflation Outlook by Country (%), 2024- 2032
Figure 5: Global Wine Market Outlook by Type, 2021- 2032
Figure 6: Global Wine Market Outlook by Application, 2021- 2032
Figure 7: Global Wine Market Outlook by Region, 2021- 2032
Figure 8: North America Wine Market Snapshot, Q4-2024
Figure 9: North America Wine Market Size Forecast by Type, 2021- 2032
Figure 10: North America Wine Market Size Forecast by Application, 2021- 2032
Figure 11: North America Wine Market Share by Country, 2023
Figure 12: Europe Wine Market Snapshot, Q4-2024
Figure 13: Europe Wine Market Size Forecast by Type, 2021- 2032
Figure 14: Europe Wine Market Size Forecast by Application, 2021- 2032
Figure 15: Europe Wine Market Share by Country, 2023
Figure 16: Asia Pacific Wine Market Snapshot, Q4-2024
Figure 17: Asia Pacific Wine Market Size Forecast by Type, 2021- 2032
Figure 18: Asia Pacific Wine Market Size Forecast by Application, 2021- 2032
Figure 19: Asia Pacific Wine Market Share by Country, 2023
Figure 20: South America Wine Market Snapshot, Q4-2024
Figure 21: South America Wine Market Size Forecast by Type, 2021- 2032
Figure 22: South America Wine Market Size Forecast by Application, 2021- 2032
Figure 23: South America Wine Market Share by Country, 2023
Figure 24: Middle East and Africa Wine Market Snapshot, Q4-2024
Figure 25: Middle East and Africa Wine Market Size Forecast by Type, 2021- 2032
Figure 26: Middle East and Africa Wine Market Size Forecast by Application, 2021- 2032
Figure 27: Middle East and Africa Wine Market Share by Country, 2023
Figure 28: United States Wine Market Size Outlook, $ Million, 2021- 2032
Figure 29: Canada Wine Market Size Outlook, $ Million, 2021- 2032
Figure 30: Mexico Wine Market Size Outlook, $ Million, 2021- 2032
Figure 31: Germany Wine Market Size Outlook, $ Million, 2021- 2032
Figure 32: France Wine Market Size Outlook, $ Million, 2021- 2032
Figure 33: United Kingdom Wine Market Size Outlook, $ Million, 2021- 2032
Figure 34: Spain Wine Market Size Outlook, $ Million, 2021- 2032
Figure 35: Italy Wine Market Size Outlook, $ Million, 2021- 2032
Figure 36: Russia Wine Market Size Outlook, $ Million, 2021- 2032
Figure 37: Rest of Europe Wine Market Size Outlook, $ Million, 2021- 2032
Figure 38: China Wine Market Size Outlook, $ Million, 2021- 2032
Figure 39: India Wine Market Size Outlook, $ Million, 2021- 2032
Figure 40: Japan Wine Market Size Outlook, $ Million, 2021- 2032
Figure 41: South Korea Wine Market Size Outlook, $ Million, 2021- 2032
Figure 42: Australia Wine Market Size Outlook, $ Million, 2021- 2032
Figure 43: South East Asia Wine Market Size Outlook, $ Million, 2021- 2032
Figure 44: Rest of APAC Wine Market Size Outlook, $ Million, 2021- 2032
Figure 45: Brazil Wine Market Size Outlook, $ Million, 2021- 2032
Figure 46: Argentina Wine Market Size Outlook, $ Million, 2021- 2032
Figure 47: Rest of LATAM Wine Market Size Outlook, $ Million, 2021- 2032
Figure 48: Saudi Arabia Wine Market Size Outlook, $ Million, 2021- 2032
Figure 49: UAE Wine Market Size Outlook, $ Million, 2021- 2032
Figure 50: South Africa Wine Market Size Outlook, $ Million, 2021- 2032
Figure 51: Research Methodology
Figure 52: Forecast Methodology

LIST OF TABLES

Table 1: Market Scope and Segmentation
Table 2: Global Wine Market Size Outlook, $Million, 2021 to 2032
Table 3: Low Case Scenario Forecasts
Table 4: Reference Case Scenario Forecasts
Table 5: High Growth Scenario Forecasts
Table 6: Global Wine Market Size Outlook by Segments, 2021- 2032
Table 7: Global Wine Market Size Outlook by Region, 2021- 2032
Table 8: Country Mapping, 2023 vs. 2032
Table 9: North America- Wine Market Outlook by Type, 2021- 2032
Table 10: North America- Wine Market Outlook by Country, 2021- 2032
Table 11: Europe - Wine Market Outlook by Type, 2021- 2032
Table 12: Europe - Wine Market Outlook by Country, 2021- 2032
Table 13: Asia Pacific - Wine Market Outlook by Type, 2021- 2032
Table 14: Asia Pacific - Wine Market Outlook by Country, 2021- 2032
Table 15: South America- Wine Market Outlook by Type, 2021- 2032
Table 16: South America- Wine Market Outlook by Country, 2021- 2032
Table 17: Middle East and Africa - Wine Market Outlook by Type, 2021- 2032
Table 18: Middle East and Africa - Wine Market Outlook by Country, 2021- 2032
Table 19: Business Snapshots of Leading Wine Companies
Table 20: Product Profiles of Leading Wine Companies
Table 21: SWOT Profiles of Leading Wine Companies


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