Brazil Wine Market Size & Outlook, 2025-2033
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Brazil wine market highlights
- The Brazil wine market generated a revenue of USD 13,341.4 million in 2024 and is expected to reach USD 30,440.3 million by 2033.
- The Brazil market is expected to grow at a CAGR of 9.8% from 2025 to 2033.
- 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 2024 | USD 13,341.4 million |
| Market revenue in 2033 | USD 30,440.3 million |
| Growth rate | 9.8% (CAGR from 2025 to 2033) |
| Largest segment | Table wine |
| Fastest growing segment | Sparkling Wine |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Table Wine, Dessert Wine, Sparkling Wine |
| Key market players worldwide | Asahi 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, Brazil accounted for 2.6% of the global wine market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Latin America, Argentina wine market is projected to lead the regional market in terms of revenue in 2033.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 66,646.2 million by 2033.
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Wine Market Scope
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 |
Brazil 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 103.01% in 2024. Horizon Databook has segmented the Brazil wine market based on table wine, dessert wine, sparkling wine covering the revenue growth of each sub-segment from 2021 to 2033.
According to Wine Intelligence, between 2019 and 2020, the Brazilian wine market gained 3 million regular wine drinkers, which is at least once a month. Consumers have been drinking more wine due to social isolation measures.
Accustomed to drinking in social gatherings or at special dinners, Brazilian consumers have discovered that a glass of wine is just as enjoyable during an afternoon at home, for a typical lunch, or even while reading a book.
Domestic producers emerged as one of the most important elements within the Brazil wine industry in 2020. The rise in the value of the US dollar, greater proximity of points of sale, and consumers that are less resistant to local wine are among the key factors that contributed to the positive performance of the domestic market.
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Target buyers of Brazil wine market databook
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil wine market , including forecasts for subscribers. This country databook contains high-level insights into Brazil wine market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Brazil Product - Wine Market size, 2024 - 2033 (US$M)
Brazil Wine Market Outlook Share, 2024 & 2033 (US$M)
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