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Wine Market Analysis & Forecast: 2025-2032

Wine Market, By Product Type (Still Wine, Sparkling Wine, Fortified Wine), By Color Type (Red Wine, White Wine, Rose Wine), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : 24 Dec, 2025
  • Code : CMI940
  • Pages :135
  • Formats :
      Excel and PDF
  • Industry : Food and Beverages
  • Historical Range: 2020 - 2024
  • Forecast Period: 2025 - 2032

Wine Market Size and Trends - 2025 to 2032

Global wine market is expected to reach USD 422.08 Bn by 2032, from USD 314.34 Bn in 2025, exhibiting a compound annual growth rate (CAGR) of 4.30% during the forecast period (2025-2032).

Key Takeaways

  • Based on Product Type, the Still Wine segment is expected to lead the Market with 45.5% share in 2025, due to familiarity and versatility.
  • Based on Colour Type, the Red Wine segment is expected to hold the largest share of the Market in 2025, driven by its strong flavor profiles and aging potential.
  • Based on Region, Europe is set to lead the Wine Market with a major share of 46.0% in 2025. While, North America is anticipated to be the fastest growing region.

Wine Market Overview

The global wine market covers the production, distribution and sale of still wines, sparkling varieties, and fortified options. The distribution happens through multiple channels like supermarkets, specialty stores, restaurants, bars and online platforms. It serves consumers all over the world through both traditional retail outlets and growing digital commerce platforms.

Several major factors are driving the market growth. Consumers are willing to pay more for quality wines, including organic options, rather than buying cheaper alternatives. Health-conscious buyers are attracted to wine’s perceived benefits and low-alcohol wines are becoming more popular. Younger generations like Millennials and Gen Z are changing how wines are consumed, preferring wine tourism experiences and convenient packaging like cans. Consumers are also favoring sustainable production and eco-friendly packaging.

Current Events and Its Impacts on the Market

Current Event

Description and the Impact

Technological Innovations in Viticulture and Distribution

  • Description: Adoption of Precision Agriculture and AI for Vineyard Management
  • Impact: Improved grape quality and yield efficiency leading to optimized production costs and enhanced product consistency.
  • Description: Growth of Direct-to-Consumer (DTC) Wine E-commerce Platforms
  • Impact: Expansion of sales channels enabling producers to reach global consumers, impacting traditional retail and wholesale dynamics.
  • Description: Advances in Sustainable Winemaking Technologies
  • Impact: Increasing consumer preference for sustainably produced wines influencing market segmentation and brand competitiveness.

Socio-Cultural Shifts and Market Demographics

  • Description: Rising Popularity of Low-Alcohol and Alcohol-Free Wines
  • Impact: New product development influencing portfolio diversification and attracting health-conscious consumer segments.
  • Description: Increased Wine Consumption in Emerging Markets (China, India, Southeast Asia)
  • Impact: Growing middle-class demand reshaping global market shares and prompting tailored marketing strategies.
  • Description: Generational Shifts Impacting Wine Preferences (Millennials and Gen Z)
  • Impact: Preferences for experiences, sustainability, and unique flavors driving innovation and branding shifts across the industry.

Regulatory and Sustainability Frameworks

  • Description: Expansion of Wine Labeling and Origin Certification Standards (e.g., Geographic Indications)
  • Impact: Enhanced transparency helping differentiate products but increasing administrative burdens for exporters.
  • Description: Incentives for Organic and Biodynamic Wine Production
  • Impact: Growth in small-scale, niche producers promoting environmental stewardship influencing market niche growth and consumer loyalty.

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Segmental Insights 

Wine Market By Product Type

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Wine Market Insights By, Product Type: Familiarity Drives Preference for Still Wine

In terms of product type, the still wine segment contributes the highest share of 45.5% in 2025 of the market. It remains the go-to choice for most customers whether they are having dinner at home or dining out. The category has everything from cheap wines for everyday use to expensive bottles for special occasions. This makes it available to people with all kinds of income. Still wine goes well with food, fits in with social events, and does not need any special serving knowledge. Making it is also easier and less expensive than making other types of wine. Cultural traditions around drinking wine in these countries keep demand steady.

For example, in August 2025, Sula Vineyards released Sula Muscat Blanc, which it calls India's first aromatic, low-alcohol still white wine. Produced solely from Muscat varietal grapes, the wine provides light body alongside flavors of citrus, lychee fruit, and floral rose notes. The beverage concludes with a fresh and crisp aftertaste while maintain only 7.5% alcohol by volume in their collection.

Wine Market Insights By, Color Type: Rich and Bold Flavors Drives Preference for Red Wine

In terms of color type, the Red Wine segment contributes the highest share in 2025 of the market. People like red wine because it has strong, rich flavors that go well with common foods like steaks, burgers, and pasta. A lot of people also drink red wine because they think it is good for their health, especially because it has antioxidants that are good for the heart. There are different types of wine, and they all have different tastes. With options from light Pinot Noir to full-bodied Cabernet Sauvignon at multiple price points. It also fits in well with social situations and special events, where it is associated with elegance and celebration, which makes it more appealing. Red wine gets better with age, which is why collectors and enthusiast like it. Red wine has been made in major wine regions for a long time. This makes sure that the quality and consistency are always the same.

For example, in May 2025, Fairfields Farm released its bold limited-edition Chorizo & Red Wine flavor. These flavors show that the company is committed to making high-quality, exciting crisps that meet the changing needs and wants of customers.

Regional Insights 

Wine Market By Regional Insights

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Europe Wine Market Analysis & Trends

Europe has remained the dominant region with 46.0% in 2025 of the global market over the past decade. The region has been making and drinking wine for thousands of years and is the biggest producer and consumer in the world. France, Italy, and Spain make more wine than any other region and have the most well-known brands and types of wine. Wine is a big part of European culture, and people drink it every day with meals and at social events, not just on special occasions. The region has the best growing conditions because it has a wide range of climates and soil types that make wines that are recognized all over the world. The winemakers in this Europe have passed down their knowledge and skills to their children and grandchildren for hundreds of years. This means that they always make high-quality wine. Strong rules about how wines are made and labeled help keep the good name of European wines around the world. Every year, millions of tourists go to wine regions like Bordeaux and Tuscany to see the vineyards and learn about how wine is made.

For instance, in June 2024, Accolade Wines started its high-end European wine brand Remastered for travel retail. Summer tasting events in duty free stores will help promote this new wine to shoppers. The company aims change how young people try and enjoy classic old-world wines.

North America Wine Market Analysis & Trends

The North America region has emerged as the fastest growing market with a share of 21% in 2025 owing to major shifts in consumer drinking habits and culture. Younger generations are choosing wine over beer and spirits because they see it as a more sophisticated and healthier choice for both social gatherings and regular meals at their homes. Wine has transformed from being reserved for special occasions to becoming part for everyday dining experiences. The craft beverage movement has increased interest in locally produced wines. It has also helped new vineyard regions across the U.S. and Canada gain popularity. Wine tourism is booming as millions of people visits wineries and tasting rooms each year to learn about winemaking and discover new brands. Online wine sales have grown dramatically and now allow consumers to access specialty bottles and international varieties that local stores do not carry.

For instance, in November 2025, the oldest fine wine and spirits merchant in U.K., Berry Bros. & Rudd has revealed plans to enter the US market. A key store opening in Washington D.C. will serve as their main U.S. location soon. The goal is to attract new American customers to their fine wine and spirits collection. 

Wine Market Outlook Country-Wise

Germany Wine Market Trends

In 2025, the market in the Germany is expected to be strong as consumers are increasingly favor premium and organic wines while demonstrating growing interest in sustainable viticulture practices. The market shows resilience despite economic headwinds. German consumers are prioritizing quality over quantity and are embracing natural wine movements. There is a notable growth in online wine sales channels and wine tourism experiences.

The U.S. Wine Market Trends

In 2025, the market in U.S. is booming owing to the rising popularity of direct-to-consumer sales models and experimental wine tourism drawing millions of visitors to California, Oregon, and emerging regions. Health-conscious millennials and Gen Z consumers are fueling demand for low alcohol and organic and biodynamic wines. Sustainability certifications increasingly influence purchasing decision and technological innovations in production and distribution is improving accessibility.

For instance, in June 2025, Josh Cellars released its first non-alcoholic sparkling wine across the U.S. The product quickly became the fastest growing non-alcoholic sparkling wine in the country.

Market Report Scope 

Wine Market Report Coverage

Report Coverage Details
Base Year: 2024 Market Size in 2025: USD 314.34 Bn
Historical Data for: 2020 To 2024 Forecast Period: 2025 To 2032
Forecast Period 2025 to 2032 CAGR: 4.30% 2032 Value Projection: USD 422.08 Bn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, and Mexico
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East & Africa:  GCC Countries, Israel,  and Rest of Middle East
Segments covered:
  • By Product Type: Still Wine, Sparkling Wine, Fortified Wine
  • By Color Type: Red Wine, White Wine, Rose Wine
Companies covered:

E. & J. Gallo Winery, Concha y Toro, The Wine Group, Bacardi Limited, Constellation Brands, Pernod Ricard, Treasury Wine Estates, Caviro, Grupo Penaflor.

Growth Drivers:
  • Increasing social acceptance of alcohol consumption
  • Increasing consumption of wine among millennial
Restraints & Challenges:
  • Stringent regulations
  • Increased competition from substitute beverages

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Wine Market Drivers

Increased social acceptance and lifestyle appeal

Wine is becoming more socially acceptable around the world which is making it a go-to drunk for many people. Over the last ten years, wine consumption has steadily increased, particularly among millennial and Gen Z. Young adults today are more open to enjoying wine as their part of their daily lifestyle. They see moderate wine drinking as a positive way to connect with friends, unwind, and make meals more enjoyable. This changing attitude has led to more people trying different types and style of wine beyond the traditional options. Wine producers and sellers are also capitalizing on this trend by introducing new flavors, creative packaging, and affordable price points to appeal to these emerging consumers. As consumers with more relaxed views on alcohol reach legal drinking age in market worldwide, wine sales are expected to keep growing. The increasing acceptance of wine and its appeal as a lifestyle choice is set to open up growth prospects for the wine industry.

For instance, in December 2025, The Austrian Wine has introduced a new brand named RWR (rot weiss rosé) to appeal to younger drinkers. The initiative embraces playful formats and messaging. The brand serves as a hub for sharing, adventures, and new and discoveries.

Wine Market Opportunities

Innovation in product offerings

Innovation is transforming wine products and is opening up growth prospects as people want healthier and more sustainable options in the market. Traditional wines now provide low alcohol, organic, and vegan varieties that appeal to health-conscious millennials and Gen Z consumers looking for better choices. Non-alcoholic wines use cutting edge technology to deliver the real wine experience without hangovers attracting people who explore sober lifestyles and wellness trends. Sustainable packaging like cans, tetra packs, and recyclable bottles helps reduce carbon emissions while making wine easier to enjoy anywhere and anytime. Augmented reality labels let customers enjoy virtual tastings and blockchain technology tracks every bottle, building trust and stronger connections with wine brands.

Wine Market Trends

Growing interest for organic and natural wines

The demand for organic and natural wine is growing because health-conscious customers are choosing wines without additives over traditional ones. These wines are made from grapes that are grown without using chemical additives, herbicides, or pesticides. They are very appealing to younger people who care about clean labels and eco-friendly practices. Biodynamic and regenerative farming methods make the soil healthier and the flavors bolder and more vibrant. They also attract shoppers who value ethics and want real products. These wines are easier to drink every day, especially for casual drinkers and fans, because they come in convenient packaging like cans, boxes, or smaller bottles.

For example, in April 2024, Scheid Family Wines added a Cabernet Sauvignon to its certified organic line Grandeur. This move shows how committed the company is to being open and honest about using organic methods. The product also has labels that clearly mentions the ingredients needed in making wine.

Analyst Opinion (Expert Opinion)

The wine market reflects a structurally mature yet evolving global industry shaped by changing consumption behavior, regional production strengths, and value-oriented growth strategies. Europe continues to dominate the market, accounting for nearly half of global revenue and production, supported by established appellation systems, export-oriented wineries, and strong domestic consumption traditions. France, Italy, and Spain collectively contribute more than 45% of global wine output, reinforcing Europe’s leadership in both volume and quality-driven segments.

Global wine consumption has shown a downward trend over recent years, declining from more than 230 million hectoliters in the late 2010s to nearly 210–215 million hectoliters in recent estimates. Despite this contraction in volume, overall market value remains resilient due to premiumization. Consumers in North America and parts of Europe are purchasing fewer bottles but trading up to higher-priced, premium, and super-premium wines, which supports revenue stability.

Table wine represents the largest product category, accounting for over 80% of total consumption, while sparkling and fortified wines continue to gain attention in celebratory and gifting occasions. Off-trade channels dominate distribution, contributing over three-quarters of total sales, although e-commerce and direct-to-consumer models are gaining traction in digitally mature markets.

Climatic variability has introduced production volatility across key wine-growing regions, influencing supply consistency and pricing dynamics. Meanwhile, emerging markets in Asia-Pacific show steady growth in imports and per-capita consumption, supported by urbanization and evolving lifestyle preferences. Overall, the market is increasingly defined by value growth, premium positioning, and selective regional expansion rather than volume-driven expansion.

Industry News

  • In July 2025, WX Brands has introduced Here By Chance, a new wine collection that honors unexpected moments and high-quality experiences. It targets wine lovers who enjoy vibrant tastes and embrace new surprises.
  • In July 2025, Missing Thorn, a producer of non-alcoholic wines, began its Canadian market entry through a distribution agreement with Scott Merwin and Ravenna Wine Imports. The company plans to expand distribution beyond its initial launch regions to acter to the growing consumer interest in premium non-alcoholic beverages.
  • In February 2025, Rack & Riddle, a U.S.-based sparkling wine maker, has developed CALSECCO a new California sparkling wine aimed attracting young drinkers aged 21 and more particularly Gen Z and Millennials.
  • In January 2025, Banfi Vintners formed a distribution partnership with Brother’s Bond Bourbon. Banfi will handle sale operations of Brother’s Bond’s using Banfi’s established distribution channels and market presence.

Market Segmentation

  • Product Type Insights (Revenue, USD Bn, 2025 - 2032)
    • Still Wine
    • Sparkling Wine
    • Fortified Wine
  • Color Type Insights (Revenue, USD Bn, 2025 - 2032)
    • Red Wine
    • White Wine
    • Rose Wine
  • Regional Insights (Revenue, USD Bn, 2025 - 2032)
    • North America
      • U.S.
      • Canada
    • Latin America
      • Brazil
      • Argentina
      • Mexico
      • Rest of Latin America
    • Europe
      • Germany
      • U.K.
      • France
      • Italy
      • Russia
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
    • Middle East
      • GCC Countries
      • Israel
      • Rest of Middle East
    • Africa
      • South Africa
      • Central Africa
      • North Africa
  • Key Players Insights
    • E. & J. Gallo Winery
    • Concha y Toro
    • The Wine Group
    • Bacardi Limited
    • Constellation Brands
    • Pernod Ricard
    • Treasury Wine Estates
    • Caviro
    • Grupo Penaflor

Sources

Primary Research Interviews

  • Wine Producers & Vineyard Owners
  • Winery Operations & Cellar Managers
  • Wine Distributors & Importers
  • Retail Chain Buyers & Specialty Wine Merchants
  • Sommeliers & Hospitality Industry Experts
  • Oenologists & Viticulture Consultants
  • Packaging & Bottling Solution Providers
  • Others

Databases

  • Bloomberg Terminal
  • FAOSTAT
  • UN Comtrade Database
  • Others

Magazines

  • Wine Spectator
  • Decanter Magazine
  • Wine Enthusiast
  • Drinks International
  • The Spirits Business
  • Beverage Industry Magazine
  • Others

Journals

  • American Journal of Enology and Viticulture
  • Journal of Wine Economics
  • Food Quality and Preference
  • International Journal of Wine Research
  • OENO One
  • Others

Newspapers

  • Financial Times
  • The Wall Street Journal
  • The New York Times
  • Reuters
  • Bloomberg News
  • The Guardian
  • Others

Associations

  • International Organisation of Vine and Wine (OIV)
  • Wine Institute (U.S.)
  • Comité Européen des Entreprises Vins (CEEV)
  • Wine & Spirit Trade Association (WSTA)
  • International Wine Challenge Organization
  • Others

Public Domain Sources

  • International Organisation of Vine and Wine (OIV) Statistical Reports
  • Food and Agriculture Organization of the United Nations (FAO)
  • U.S. Department of Agriculture (USDA)
  • Eurostat
  • World Bank Open Data
  • National Agricultural Statistics Services
  • Others

Proprietary Elements

  • CMI Data Analytics Tool
  • Proprietary CMI Existing Repository of Information for the Last 8 Years

Definition: The Wine Market encompasses the production, distribution, and commercial trade of alcoholic beverages derived from fermented grapes. It provides wine products that allows consumers to purchase and enjoy various types of wines for different occasions in a convenient and accessible way. Purchase channels include supermarkets, restaurants, bars, hotels, and online platforms. Product category includes red wines, white wines, and rose wines.

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Frequently Asked Questions

The Wine Market is estimated to be valued at USD 314.34 Bn in 2025, and is expected to reach USD 422.08 Bn by 2032.

Stringent regulations and increased competition from substitute beverages are factors that are expected to hamper the global wine market growth.

Increasing social acceptance of alcohol consumption and increasing consumption of wine among millennial are the major factors driving the growth of the global wine market.

Still wine sub-segment is the leading product type segment in the global wine market.

Major players operating in the global wine market includes E. & J. Gallo Winery, Concha y Toro, The Wine Group, Bacardi Limited, Constellation Brands, Pernod Ricard, Treasury Wine Estates, Caviro, Grupo Penaflor.

Europe region will lead the global wine market.

The CAGR of the Wine Market is projected to be 4.30% from 2025 to 2032.

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