Market Overview

The Global Wine Market was valued at USD 422,883.7 million in 2023 and is expected to reach USD 592,236.9 million by 2031 while growing at a CAGR of 4.3% during the forecast period (2024-2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global wine market growth. Wine, an alcoholic drink crafted from fermented grapes or fruits, relies on the natural chemical balance of grapes for fermentation, eliminating the need for added sugars, acids, enzymes, water, or nutrients. The winemaking process includes crushing, fermenting, aging, and bottling. Although grapes are the primary choice, other fruits like apples and berries can also be used.

Increasing advances in winemaking techniques, embracing sustainable and organic practices, coupled with rising disposable income, propel the growth of the wine market. Nonetheless, obstacles like stringent regulations, compliance issues, and concerns related to climate change and the environment may impede market expansion.

Furthermore, the global wine industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product Type Analysis

The Global Wine Market is segmented among Still Wine, Sparkling Wine, and Fortified Wine and Vermouth, based on Product Type. In 2023, Still Wine accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Color Analysis

The Global Wine Market is segmented among Red Wine, Rose Wine, and White Wine, based on Color. In 2023, Red Wine accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Wine Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Europe dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are E. & J. Gallo Winery, Constellation Brands Inc., The Wine Group LLC, Pernod Ricard, Lagfin SCA, Treasury Wine Estates Limited, Bronco Wine Company, Foley Family Wines, Bacardi Limited, and Symington Family Estates.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Wine Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Wine Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Wine Market Segmentation, By Product Type  

• Global Wine Market Share Analysis, By Product Type  

• Global Wine Market Growth Analysis, By Product Type  

• Global Wine Market Trends, By Product Type  

o Still Wine

o Sparkling Wine

o Fortified Wine and Vermouth

6. Global Wine Market Segmentation, By Color

• Global Wine Market Share Analysis, By Color

• Global Wine Market Growth Analysis, By Color

• Global Wine Market Trends, By Color

o Red Wine

o Rose Wine

o White Wine

7. Global Wine Market Segmentation, By Distribution Channel

• Global Wine Market Share Analysis, By Distribution Channel

• Global Wine Market Growth Analysis, By Distribution Channel

• Global Wine Market Trends, By Distribution Channel

o Supermarkets/Hypermarkets

o Specialty Stores

o Online Retailers

o Other Distribution Channels

8. Global Wine Market Segmentation, By Region

• Global Wine Market Share Analysis, By Region

• Global Wine Market Growth Analysis, By Region

• Global Wine Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

9. Competitive Landscape

• E. & J. Gallo Winery*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Constellation Brands Inc

• The Wine Group LLC

• Pernod Ricard

• Lagfin SCA

• Treasury Wine Estates Limited

• Bronco Wine Company

• Foley Family Wines

• Bacardi Limited

• Symington Family Estates

 *Similar analysis will be provided for each company listed above.