Global Wine Strategic Business Report 2024: Market to Surpass $525 Billion by 2030 - New World Wines Make Robust Gains, Old World Wines Remain Major Segment - ResearchAndMarkets.com
The global market for Wine estimated at US$385 Billion in the year 2023, is projected to reach a revised size of US$528.3 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2023-2030.
- The global market for Wine estimated at US$385 Billion in the year 2023, is projected to reach a revised size of US$528.3 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2023-2030.
- The wine sector, although niche within the global alcoholic beverages sector, is influenced by a multitude of factors shaping its consumption patterns.
- The global key competitors' percentage market share in 2024 provides insights into the market structure and competitive dynamics.
- Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$73 Billion by the year 2030.