Red Wine Market Summary
The global red wine market is projected to grow significantly from 173.36 USD billion in 2024 to 344.86 USD billion by 2035.
Key Market Trends & Highlights
Red Wine Key Trends and Highlights
- The market is expected to experience a compound annual growth rate (CAGR) of 6.45 percent from 2025 to 2035.
- By 2035, the market valuation is anticipated to reach 344.7 USD billion, indicating robust growth potential.
- in 2024, the market is valued at 173.36 USD billion, reflecting a strong foundation for future expansion.
- Growing adoption of premium wine products due to increasing consumer preferences for quality is a major market driver.
Market Size & Forecast
2024 Market Size | 173.36 (USD Billion) |
2035 Market Size | 344.86 (USD Billion) |
CAGR (2025-2035) | 6.45% |
Major Players
Accolade Wines (Australia), Amvyx SA (Greece), Bacardi Limited (Bermuda), Gruppo Campari (Italy), Castel Group (France), Compagnia Del Vino SRL (Italy), Treasury Wine Estates (Australia), Pernod Ricard (France), The Wine Group (US), Constellation Brands (US), Caviro (Italy), Vina Concha y Toro S.A. (Chile), E & J Gallo Winery (US), Grupo Penaflor S.A. (Argentina), Diageo plc (UK)