As of February 2020, the wine market in Latin America was expected to grow from an estimate of 20.55 billion U.S. dollars to 25.12 billion by 2025. This forecast expects a compound annual growth rate of 4.1 percent in the presented period. Argentina is the Latin American country with the largest annual consumption of wine.
Wine market value in Latin America in 2020 and 2025
(in billion U.S. dollars)
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Market Data Forecast. (February 15, 2020). Wine market value in Latin America in 2020 and 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 25, 2022, from https://www.statista.com/statistics/974500/wine-market-value-latin-america/
Market Data Forecast. "Wine market value in Latin America in 2020 and 2025 (in billion U.S. dollars)." Chart. February 15, 2020. Statista. Accessed May 25, 2022. https://www.statista.com/statistics/974500/wine-market-value-latin-america/
Market Data Forecast. (2020). Wine market value in Latin America in 2020 and 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 25, 2022. https://www.statista.com/statistics/974500/wine-market-value-latin-america/
Market Data Forecast. "Wine Market Value in Latin America in 2020 and 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Feb 2020, https://www.statista.com/statistics/974500/wine-market-value-latin-america/
Market Data Forecast, Wine market value in Latin America in 2020 and 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/974500/wine-market-value-latin-america/ (last visited May 25, 2022)
