Revenue in the Wine segment amounts to US$310.50m in 2023. The market is expected to grow annually by 6.34% (CAGR 2023-2027).
In global comparison, most revenue is generated in the United States (US$56,650.00m in 2023).
In relation to total population figures, per person revenues of US$56.89 are generated in 2023.
By 2027, 63% of spending and 22% of volume consumption in the Wine segment will be attributable to out-of-home consumption (e.g., in bars and restaurants).
In the Wine segment, volume is expected to amount to 83.6ML by 2027. The market for Wine segment is expected to show a volume growth of 1.7% in 2024.
The average volume per person in the Wine segment is expected to amount to 14.37 L in 2023.
Definition:
The Wine segment contains alcoholic beverages derived from fermented grapes.
Structure:
The Wine segment is divided into the following subsegments:
The Still Wine subsegment refers to wine without the addition of carbon dioxide. This subsegment also contains additional information regarding red wine, white wine, and rosé wine.
The Sparkling Wine subsegment refers to wine with the addition of carbon dioxide.
The Fortified Wine subsegment refers to wine that has been strengthened with added alcohol.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (per liter), and sales channels. The market encompasses sales (at-home sales, out-of-home sales, and eCommerce sales) to private end customers (B2C).
The at-home market encompasses sales via super- and hypermarkets, convenience stores or similar channels.
The out-of-home market encompasses sales to hotels, restaurants, catering, cafés, bars, and similar hospitality service establishments.
The eCommerce market encompasses the sale of physical goods via digital channels. However, online sales attributable to out-of-home consumption of alcoholic beverages are not included. Online sales are also displayed in the eCommerce subsegment Alcoholic Drinks of Digital Market Insights.
The price per unit refers to liter as a base unit, and the average price is a combination of the at-home and out-of-home prices, including all sales and consumption taxes. At-home and out-of-home prices are displayed separately in the lowest segment levels of the Alcoholic Drinks market. Per capita figures refer to the whole population. Compared to the rather concentrated brewing industry, the wine industry, which produces mostly agriculturally sourced products, is much more fragmented: The five biggest companies (E & J Gallo, Constellation Brands, The Wine Group, Treasury Wine Estate, and Vina Concha y Toro) have a combined worldwide volume market share of just 8 to 9%. For more information on the displayed data, use the info button right next to the boxes.