Wine Market Set to Grow at 4.64% CAGR by 2030 – MarkNtel

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MarkNtel Advisors Releases Comprehensive Study on the Wine Market, Forecasting Strong Growth from 2024-2030

MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled “Global Wine Market Analysis, 2024-2030.”
This report provides a , 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.

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: (Discover the market potential, platform-specific insights, and key industry trends.) https://www.marknteladvisors.com/query/request-sample/wine-market.html

Wine Market Timeline Overview

Historical Years: 2019-22

Base Years: 2023

Forecast year - 2024-2030

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

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

Wine Market Trends:

  • Rise of Organic Wines: Increasing consumer awareness about health and sustainability is boosting the demand for organic wines, especially in developed countries. This trend is reshaping consumer preferences towards healthier and environmentally friendly options.
  • Product Premiumization: There is a growing consumer preference for premium and unique wine selections. This trend reflects a desire for high-quality flavors and experiences, driving producers to innovate with sensory-focused premium options.
  • Wine Tourism Growth: The trend of wine tourism is gaining traction as consumers seek immersive experiences in wine regions. This includes vineyard visits and tastings, enhancing brand awareness and contributing to direct sales.
  • Shift to Alternative Alcoholic Beverages: Consumers are increasingly exploring other alcoholic options such as craft beers and spirits, posing challenges to traditional wine consumption. This shift necessitates adaptive strategies from wine producers.
  • Canned Wines Popularity: The emergence of canned wines caters to younger consumers seeking convenience and affordability. This new format aligns with the growing trend of accessibility in beverage consumerism.

View Full Report (All Data, In One Place): (Explore in-depth analyses, technological trends, and investment patterns.) https://www.marknteladvisors.com/research-library/wine-market.html

Wine Market Segmentation

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

-By Type

  • Still Light Grape Wine- Market Size & Forecast 2019-2030, (Million Liters)
  • Sparkling Wine- Market Size & Forecast 2019-2030, (Million Liters)
  • Non-Grape Wine- Market Size & Forecast 2019-2030, (Million Liters)
  • Fortified Wine- Market Size & Forecast 2019-2030, (Million Liters)

-By Distribution Channel

  • On-Trade- Market Size & Forecast 2019-2030, (Million Liters)
  • Off-Trade- Market Size & Forecast 2019-2030, (Million Liters)

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

Europe dominates the market due to its deep-rooted cultural significance and historical engagement with wine production. As the leading consumer, Europe boasts a diverse range of wines that are integral to its celebrations and traditions.

Talk to Our Industry Analyst: Get personalized insights into company strategies and regional market dynamics.) https://www.marknteladvisors.com/query/talk-to-our-consultant/wine-market.html

Key Highlights of the Report

  • Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024-2030.
  • Growth Drivers & Challenges: Clear insights into factors fueling 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 AnalysisPESTEL 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?

Read More:

About us:

MarkNtel Advisors is a reputed Market Research Company and Industry Research Report Firm delivering high-quality intelligence across the food and beverages sector, including food supplements & additives, food logistics, and warehousing solutions. Our detailed Market Research Reports and Business Analysis provide insights at global, regional, and country levels, serving stakeholders understand evolving consumer preferences, supply chain challenges, and sustainability-driven trends. Built on verified datasets, Export and Import Data, and precise Market Forecast models, our studies uncover growth potential and revenue-generating segments. We offer Customized Market Research Reports to address specific business objectives, guiding manufacturers, distributors, and investors in making informed decisions. Backed by strategic Consulting Services, we deliver measurable Revenue Impact, enabling clients to enhance competitiveness and achieve scalable growth across the global F&B landscape.

MarkNtel Advisors

Sector 63, Noida, Uttar Pradesh-201301, India

Contact No: +91 8719999009

Email: sales@marknteladvisors.com

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