Global Wine Market Growth 2023-2029

Global Wine Market Growth 2023-2029

Wine is an alcoholic drink produced by the fermentation of grapes or other fruits.

LPI (LP Information)' newest research report, the “Wine Industry Forecast” looks at past sales and reviews total world Wine sales in 2022, providing a comprehensive analysis by region and market sector of projected Wine sales for 2023 through 2029. With Wine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wine industry.

This Insight Report provides a comprehensive analysis of the global Wine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Wine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Wine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wine and breaks down the forecast by price, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Wine.

The global Wine market size is projected to grow from US$ 66760 million in 2022 to US$ 74380 million in 2029; it is expected to grow at a CAGR of 74380 from 2023 to 2029.

Global Wine main players are E&J Gallo, The Wine Group, Constellation Brands, Castel, Accolade Wines, etc. Global top five manufacturers hold a share about 15%. Europe is the largest market, with a share about 55%.

This report presents a comprehensive overview, market shares, and growth opportunities of Wine market by product price, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by price
Below 20 USD
20-50 USD
Over 50 USD

Segmentation by application
Retail Market
Auction Sales

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
E&J Gallo
The Wine Group
Constellation Brands
Castel
Accolade Wines
Cantine Riunite & CIV
Concha y Toro
Treasury Wine Estates
Grupo Penaflor
Pernod-Ricard
Bronco Wine
Caviro
Trinchero Family Estates
Antinori
Changyu
Casella Family Brands
Diageo
China Great Wall Wine
Jacob‘s Creek
Kendall-Jackson Vineyard Estates

Key Questions Addressed in this Report

What is the 10-year outlook for the global Wine market?

What factors are driving Wine market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Wine market opportunities vary by end market size?

How does Wine break out price, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.