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Wine Market Size, Share, Trends and Industry Report - 2034
10 days ago
5
The global wine market reached a value of USD 455.56 billion in 2024 and is poised for significant growth in the coming years. Rising consumer preference for premium, organic, and sparkling wines, coupled with increasing disposable incomes and evolving lifestyle trends, is driving demand across regions. Expanding wine tourism, modern retail infrastructure, and e-commerce channels are further enhancing market accessibility. Sustainability initiatives, eco-friendly vineyard practices, and innovative packaging are shaping industry trends. The market is projected to grow at a CAGR of 6.20% between 2025 and 2034, reaching an estimated value of USD 831.36 billion by 2034.
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