Latin America Still Wine Market Size & Outlook, 2021-2028

The still wine market in Latin America is expected to reach a projected revenue of US$ 58,348.7 million by 2028. A compound annual growth rate of 9.4% is expected of Latin America still wine market from 2022 to 2028.
Revenue, 2021 (US$M)
$31,145.1
Forecast, 2028 (US$M)
$58,348.7
CAGR, 2022 - 2028
9.4%
Report Coverage
Latin America

Latin America still wine market highlights

  • The Latin America still wine market generated a revenue of USD 31,145.1 million in 2021.
  • The market is expected to grow at a CAGR of 9.4% from 2022 to 2028.
  • In terms of segment, red wine was the largest revenue generating type in 2021.
  • White Wine is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, Argentina is expected to register the highest CAGR from 2022 to 2028.

Latin America data book summary

Market revenue in 2021USD 31,145.1 million
Market revenue in 2028USD 58,348.7 million
Growth rate9.4% (CAGR from 2021 to 2028)
Largest segmentRed wine
Fastest growing segmentWhite Wine
Historical data covered2017 - 2020
Base year for estimation2021
Forecast period covered2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationWhite Wine, Red Wine
Key market players worldwideDiageo PLC, Pernod Ricard SA, Constellation Brands Inc Class A, Treasury Wine Estates Ltd, E & J Gallo Winery, Castel Wine China, Trinchero Family Estates, Casella Wines, Kendall-Jackson Wine Estates, The Wine Group, Dynasty Fine Wines Group, Accolade Wines, Concha y Toro

Other key industry trends

  • In terms of revenue, Latin America region accounted for 11.2% of the global still wine market in 2021.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2028.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 100,800.3 million by 2028.

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Still Wine Market Scope

Still wine market segmentation & scope
White Wine
Red Wine
Others
Bar, Pubs & Restaurants
Internet Retailing
Liquor Stores
Supermarkets
Others

Still Wine Market Companies

Name Profile # Employees HQ Website

Latin America still 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 still wine market will help companies and investors design strategic landscapes.


Red wine was the largest segment with a revenue share of 50.77% in 2021. Horizon Databook has segmented the Latin America still wine market based on white wine, red wine covering the revenue growth of each sub-segment from 2017 to 2028.


  • Latin America Still Wine Type Outlook (Revenue, USD Million, 2017-2028)
    • White Wine
    • Red Wine
    • Others
  • Latin America Still Wine Distribution Channel Outlook (Revenue, USD Million, 2017-2028)
    • Bar, Pubs & Restaurants
    • Internet Retailing
    • Liquor Stores
    • Supermarkets
    • Others

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Target buyers of Latin America still wine market databook

  • Our clientele includes a mix of still wine market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America still wine market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America still wine market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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Latin America still wine market size, by country, 2017-2028 (US$M)

Latin America Still Wine Market Outlook Share, 2021 & 2028 (US$M)

Latin America still wine market size, by country, 2017-2028 (US$M)

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