Argentina Wine Market Size & Outlook, 2024-2030

The wine market in Argentina is expected to reach a projected revenue of US$ 47,663.4 million by 2030. A compound annual growth rate of 10% is expected of Argentina wine market from 2025 to 2030.
Revenue, 2024 (US$M)
$27,269.9
Forecast, 2030 (US$M)
$47,663.4
CAGR, 2025 - 2030
10%
Report Coverage
Argentina

Argentina wine market, 2018-2030 (US$M)

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Argentina wine market, 2018-2030 (US$M)

Argentina wine market highlights

  • The Argentina wine market generated a revenue of USD 27,269.9 million in 2024 and is expected to reach USD 47,663.4 million by 2030.
  • The Argentina market is expected to grow at a CAGR of 10% from 2025 to 2030.
  • In terms of segment, table wine was the largest revenue generating product in 2024.
  • Sparkling Wine is the most lucrative product segment registering the fastest growth during the forecast period.

Wine market data book summary

Market revenue in 2024USD 27,269.9 million
Market revenue in 2030USD 47,663.4 million
Growth rate10% (CAGR from 2025 to 2030)
Largest segmentTable wine
Fastest growing segmentSparkling Wine
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTable Wine, Dessert Wine, Sparkling Wine
Key market players worldwideAsahi Group Holdings Ltd, The Wine Group, Accolade Wines, Constellation Brands Inc Class A, Treasury Wine Estates Ltd, Pernod Ricard SA

Other key industry trends

  • In terms of revenue, Argentina accounted for 5.3% of the global wine market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Argentina wine market is projected to lead the regional market in terms of revenue in 2030.
  • Argentina is the fastest growing regional market in Latin America and is projected to reach USD 47,663.4 million by 2030.

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Wine Market Companies

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Argentina 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 102.69% in 2024. Horizon Databook has segmented the Argentina wine market based on table wine, dessert wine, sparkling wine covering the revenue growth of each sub-segment from 2018 to 2030.


Argentina has been battling a currency crisis since late 2019, which forced the Mauricio Macri government to implement currency controls. These controls have tightened under center-left President Alberto Fernandez and Martín Guzmán, the Minister of Economy.

As a result, the import of wine has been on the downtrend. However, the country produces a large variety of high-quality and value-for money wines, making the Argentina wine market attractive to consumers as well as the global supply chain.

There are also a growing number of young and talented Argentinian winemakers exploring new regions, soils, and varieties of wine, and they are not afraid to bring fresh ideas to the industry.

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Target buyers of Argentina wine market databook

  • Our clientele includes a mix of wine market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina wine market , including forecasts for subscribers. This country databook contains high-level insights into Argentina wine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Argentina wine market size, by product, 2018-2030 (US$M)

Argentina Wine Market Outlook Share, 2024 & 2030 (US$M)

Argentina wine market size, by product, 2018-2030 (US$M)

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