Global Wine Market Size & Outlook, 2025-2033

The global wine market size was estimated at USD 515,131.8 million in 2024 and is projected to reach USD 1,082,048.5 million by 2033, growing at a CAGR of 8.8% from 2025 to 2033.
Revenue, 2024 (US$M)
$515,131.8
Forecast, 2033 (US$M)
$1,082,048.5
CAGR, 2025 - 2033
8.8%
Report Coverage
Worldwide

Global wine market highlights

  • The global wine market generated a revenue of USD 515,131.8 million in 2024 and is expected to reach USD 1,082,048.5 million by 2033.
  • The market is expected to grow at a CAGR (2025 - 2033) of 8.8% by 2033.
  • In terms of segment, table wine accounted for a revenue of USD 450,264.1 million in 2024.
  • Sparkling Wine is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2033.

Global data book summary

Market revenue in 2024USD 515,131.8 million
Market revenue in 2033USD 1,082,048.5 million
Growth rate8.8% (CAGR from 2025 to 2033)
Largest segmentTable wine
Fastest growing segmentSparkling Wine
Historical data covered2021 - 2023
Base year for estimation2024
Forecast period covered2025 - 2033
Quantitative unitsRevenue in USD million
Market segmentationTable Wine, Dessert Wine, Sparkling Wine

Other key industry trends

  • In terms of revenue, the North America accounted for 18.6% of the global wine market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2033.
  • By country, India is the fastest growing regional market and is projected to reach USD 2,662.4 million by 2033.

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Wine Market Companies

Name Profile # Employees HQ Website
Castel Frères View profile 51-100 Blanquefort, Aquitaine, France, Europe https://www.castel-freres.com/en/
Constellation Brands, Inc. View profile - - -
Pernod Ricard View profile - - -
E. & J. Gallo Winery View profile - - -
Concha y Toro View profile 1001-5000 Torre, Ilocos Norte, Philippines, Asia http://www.conchaytoro.com
Accolade Wines View profile 1001-5000 Adelaide, South Australia, Australia, Oceania https://accoladewines.com
The Wine Group View profile 1-10 Glen Ellen, California, United States, North America https://www.imagerywinery.com
Treasury Wine Estates Ltd View profile 2600 161 Collins Street, Level 8, Melbourne, VIC, Australia, 3000 https://www.tweglobal.com
Asahi Group Holdings Ltd View profile 34728 1-23-1, Azumabashi, Sumida-ku, Tokyo, Japan, 130-8602 http://www.asahigroup-holdings.com
Constellation Brands Inc Class A View profile 10600 207 High Point Drive, Building 100, Victor, New York, NY, United States, 14564 https://www.cbrands.com
Pernod Ricard SA View profile 20617 5, Cours Paul Ricard, Paris, France, 75008 https://www.pernod-ricard.com

Global wine market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wine market will help companies and investors design strategic landscapes.


Table wine was the largest segment with a revenue share of 87.41% in 2024. Horizon Databook has segmented the Global wine market based on table wine, dessert wine, sparkling wine covering the revenue growth of each sub-segment from 2021 to 2033.


  • Global Wine Product Outlook (Revenue, USD Million, 2021-2033)
    • Table Wine
    • Dessert Wine
    • Sparkling Wine
  • Global Wine Distribution Channel Outlook (Revenue, USD Million, 2021-2033)
    • On-Trade
    • Off-Trade

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Horizon Databook provides a detailed overview of global-level data and insights on the Global wine market , including forecasts for subscribers. This global databook contains high-level insights into Global wine market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Global wine market size, by regions, 2021-2033 (US$M)

Top 10 countries: Wine market size, 2024 (US$M)

Global wine market share, by product, 2024 & 2033 (%, US$M)

Wine market: Opportunity assessment by country

Global wine market, by region, 2024 (US$M)

Global wine market size, by regions, 2021-2033 (US$M)

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