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Revenue in the Wine Segment 2019—2027
Preliminary revenue from the wine segment in 2023 will be $333.03 billion. Of these, fortified wine accounts for $12.79 billion, sparkling wine for $42.14 billion, and still wine for $278.1 billion. By 2027, wine segment revenue will grow by 23% to $412.91 billion.
Sources: statista.com February 2023
How will the wine market grow?
The market is expected to grow annually by 5.52% (CAGR
What will be the revenue in the wine segment in 2023?
Preliminary revenue from the wine segment in 2023 will be $333.03 billion. This is 7.7% more in 2022. Source: statista.com
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