UK Wine Market Size & Outlook, 2020-2028
UK wine market, 2016-2028 (US$M)
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UK wine market highlights
- The UK wine market generated a revenue of USD 24,407.4 million in 2020 and is expected to reach USD 35,608.1 million by 2028.
- The UK market is expected to grow at a CAGR of 4.8% from 2021 to 2028.
- In terms of segment, table wine was the largest revenue generating product in 2020.
- Sparkling Wine is the most lucrative product segment registering the fastest growth during the forecast period.
Wine market data book summary
| Market revenue in 2020 | USD 24,407.4 million |
| Market revenue in 2028 | USD 35,608.1 million |
| Growth rate | 4.8% (CAGR from 2020 to 2028) |
| Largest segment | Table wine |
| Fastest growing segment | Sparkling Wine |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| 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, UK accounted for 5.8% of the global wine market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Europe, France wine market is projected to lead the regional market in terms of revenue in 2028.
- France is the fastest growing regional market in Europe and is projected to reach USD 54,909.3 million by 2028.
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Wine Market Scope
Wine Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 78.36% in 2020. Horizon Databook has segmented the UK wine market based on table wine, dessert wine, sparkling wine covering the revenue growth of each sub-segment from 2016 to 2028.
According to Wine Intelligence, in 2020, the U.K.’s 28 million wine drinkers expanded their wine consumption occasions to include during the day, with online catch-ups, and with lunch more frequently during the lockdown.
Additionally, as per the survey by Wine Intelligence, over half of the wine drinkers in the U.K. said that they were drinking wine during the day outside of mealtimes during the lockdown, with one-third of the participants saying that were day-drinking at least once a week.
This growing volume of wine purchased and consumed during this period has been accompanied by a decline in the typical average price per bottle. This, in turn, has resulted in increased wine consumption, thus supporting the market growth.
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Target buyers of UK wine market databook
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Our clientele includes a mix of wine market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 UK wine market , including forecasts for subscribers. This country databook contains high-level insights into UK wine market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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UK wine market size, by product, 2016-2028 (US$M)
UK Wine Market Outlook Share, 2020 & 2028 (US$M)
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