GITNUX MARKETDATA REPORT 2024

Must-Know Wine Industry Statistics [Latest Report]

Highlights: The Most Important Wine Industry Statistics

  • Still wine is the most popular type of wine, accounting for 85% of the global wine market in 2021, with a revenue of 260 billion U.S. dollars.
  • Spain surpassed Italy in wine exports in 2021 by 0.8 million hectoliters.
  • The United States spent the most money on wine importing in 2021, followed by the UK and France.
  • Still wine is the most popular type of wine, accounting for 85% of the global wine market in 2021, with a revenue of 260 billion U.S. dollars.
  • Wine consumption worldwide is estimated to be stable over the years, fluctuating between 220 and 250 million hectoliters.
  • Lebanon and France have the highest red wine export prices at around $7-8 per liter, which is twice the price of other red wines.
  • Airen grapes have been decreasing in popularity while Cabernet Sauvignon has been increasing, from 1990 to 2016.

Table of Contents

The wine industry is a multi-billion dollar industry that continues to grow each year. With the increasing popularity of wine, it is important to stay up to date on the latest wine industry statistics.

In this article, we will explore some of the most interesting and important wine industry statistics, including trends in production, consumption, and sales. We will also look at the economic impact of the wine industry, and how it affects different countries around the world. Finally, we will discuss the future of the wine industry and what trends we can expect to see in the coming years.

Wine Industry: Most Important Statistics

Still wine is the most popular type of wine, accounting for 85% of the global wine market in 2021, with a revenue of 260 billion U.S. dollars.
The US is projected to be the largest wine market worldwide in 2025, with an estimated market value of 72.6 billion US dollars, followed by France and China.
In 2018, value wines below $5 per liter accounted for 58% of wine sales, and this is expected to decline in 2023 as people’s purchasing power increases, leading to an increase in sales of wines in other price ranges.

Wine Industry: Statistics Overview

Spain surpassed Italy in wine exports in 2021 by 0.8 million hectoliters.

This demonstrates the changing dynamics of the global wine industry. It shows that Spain has become a major player in the wine industry, surpassing Italy in wine exports.

This could have implications for the future of the industry, as Spain may become a major competitor to Italy and France in the global wine market.

The United States spent the most money on wine importing in 2021, followed by the UK and France.

This provides insight into the global market for wine and the countries that are the largest importers and exporters of wine.

This information can be used to inform business decisions, such as where to invest in wine production or which countries to target for exporting wine.

Still wine is the most popular type of wine, accounting for 85% of the global wine market in 2021, with a revenue of 260 billion U.S. dollars.

Still wine is the most popular type of wine and is the primary source of revenue for the wine industry.

This information can be used to inform marketing and sales strategies for the wine industry.

The US is projected to be the largest wine market worldwide in 2025, with an estimated market value of 72.6 billion US dollars, followed by France and China.

There is a potential for growth in the US market and a potential for the US to become a major player in the global wine industry.

Additionally, it shows the potential for other countries to increase their market share and become more competitive in the global wine market.

Wine consumption worldwide is estimated to be stable over the years, fluctuating between 220 and 250 million hectoliters.

The demand for wine is not decreasing, and that the industry can rely on a consistent level of consumption. This provides a sense of stability and assurance for the industry, allowing them to plan accordingly.

The United States is the highest consumer of wine in the world, followed by France, Italy, Germany, Great Britain, and Spain, while China is the highest consumer of wine in Asia and Argentina is the highest consumer of wine in South America.

This shows which countries are the biggest consumers of wine, and thus which countries the wine industry should be focusing on to maximize their profits.

Lebanon and France have the highest red wine export prices at around $7-8 per liter, which is twice the price of other red wines.

There are different price points of red wines from different countries, which can be used to inform pricing strategies and market positioning.

In 2018, value wines below $5 per liter accounted for 58% of wine sales, and this is expected to decline in 2023 as people’s purchasing power increases, leading to an increase in sales of wines in other price ranges.

The wine industry is adapting to the changing preferences of consumers, and that producers need to be aware of the changing trends in order to remain competitive.

Spain, France, and Italy account for more than 70% of the world’s organic wine gardens, while the US and Turkey make up less than one-third of the top three shares.

This shows the dominance of the top three countries in the organic wine market. This data can be used to inform decisions about where to invest in organic wine production, as well as to identify potential growth opportunities in other countries.

Additionally, this data can be used to assess the competitive landscape of the organic wine industry and to identify potential areas of improvement.

Airen grapes have been decreasing in popularity while Cabernet Sauvignon has been increasing, from 1990 to 2016.

This matters in the context of Wine Industry Statistics because it shows the changing preferences of consumers and the need for wine producers to adjust their production accordingly.

Conclusion

The wine industry is a booming business that is continuing to grow with no signs of slowing down. Despite the economic downturn, the wine industry has remained resilient and continues to be a major contributor to the global economy.

With new technologies and innovations, the industry is poised to continue its growth in the coming years. As the industry continues to expand, it is important to stay up to date on the latest trends and statistics to ensure you are making the most informed decisions. With the right information, you can make sure you are taking advantage of the opportunities that the wine industry has to offer.

References

1 – https://www.statista.com/statistics/240649/top-wine-exporting-countries-since-2007/?locale=en

2 – https://www.statista.com/statistics/328253/global-market-leading-wine-importing-countries-based-on-value/?locale=en

3 – https://www.statista.com/forecasts/1222543/global-wine-market-revenue-by-segment?locale=en

4 – https://www.statista.com/statistics/1039019/global-market-value-of-wine-by-country/?locale=en

5 – https://www.statista.com/statistics/232937/volume-of-global-wine-consumption/?locale=en

6 – https://www.statista.com/statistics/858743/global-wine-consumption-by-country/?locale=en

7 – https://www.statista.com/statistics/1302816/wine-export-prices-by-country/?locale=en

8 – https://www.statista.com/statistics/1166621/wine-sales-share-worldwide-by-price-class/?locale=en

9 – https://www.statista.com/statistics/1302545/global-organic-wine-vineyard-area-by-country/?locale=en

10 – https://www.statista.com/statistics/1302817/wine-grape-variety-share-worldwide/?locale=en

FAQs

What is the history of the wine industry?

The history of the wine industry dates back thousands of years, with evidence of wine production being found in ancient Egypt, Greece, and Rome. Wine has been a popular beverage for centuries and continues to be a popular choice for many today.

What types of grapes are used to make wine?

Grapes are the most commonly used fruit to make wine, with the most popular varieties being Cabernet Sauvignon, Merlot, Chardonnay, Pinot Noir, and Sauvignon Blanc. Other fruits such as apples, pears, and berries can also be used to make wine.

What is the difference between red and white wine?

The main difference between red and white wine is that red wine is made from red or black grapes, while white wine is made from white grapes. Red wine is usually darker in color and has more tannins, while white wine is lighter in color and has less tannins.

How long does it take for wine to age?

The time it takes for wine to age depends on the type of wine and the conditions in which it is stored. Generally, white wines age faster than red wines, and some wines can be ready to drink within a few months, while others may take years to reach their peak.

What is the process of making wine?

The process of making wine involves several steps, including crushing the grapes, fermentation, aging, and bottling. The grapes are crushed to release the juice, which is then fermented with yeast to create alcohol. The wine is then aged in oak barrels or stainless steel tanks, and then bottled and ready for consumption.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

Table of Contents