Red Wine Market

By Type;

Still Wine, Sparkling Wine and Others

By Sales Channel;

Online Trade and Offline Trade

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn754945119 Published Date: September, 2025 Updated Date: October, 2025

Red Wine Market Overview

Red Wine Market (USD Million)

In the year 2024, the Global Red Wine Market was valued at USD 196,559.51 million. The size of this market is expected to increase to USD 274,740.36 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.9%.


Red Wine Market

*Market size in USD million

CAGR 4.9 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.9 %
Market Size (2024)USD 196,559.51 Million
Market Size (2031)USD 274,740.36 Million
Market ConcentrationHigh
Report Pages363
196,559.51
2024
274,740.36
2031

Major Players

  • Accolade Wines (Australia
  • Amvyx SA (
  • Bacardi Limited
  • Gruppo Campari
  • Castel Group
  • Compagnia Del
  • Treasury Wine Estates
  • Pernod Ricard
  • The Wine Group
  • Constellation Brands
  • Caviro

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Red Wine Market

Fragmented - Highly competitive market without dominant players


The Red Wine Market is expanding steadily as consumer preferences shift toward premium beverages with health benefits. Over 54% of wine drinkers choose red wine due to its association with antioxidants and wellness, highlighting its strong position in the global beverage industry.

Key Drivers Stimulating Growth
The rising demand for premium alcoholic beverages and health-conscious indulgence is fueling red wine consumption. Nearly 47% of consumers identify red wine as their preferred choice among wines, reflecting its balance of sophistication, taste, and health appeal.

Technological Advancements Enhancing Adoption
Innovations in fermentation techniques, aging processes, and sustainable viticulture are elevating product quality. Around 43% of wineries now employ advanced production methods to enhance flavor complexity, ensuring higher acceptance among discerning consumers.

Future Growth Outlook
The Red Wine Market shows strong potential, with more than 57% of producers planning to expand premium offerings. Research into organic vineyards and innovative blends will further fuel market growth, supported by collaborations between wineries and distributors aimed at enhancing global reach.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Sales Channel
    3. Market Snapshot, By Region
  4. Red Wine Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Consumer Preference for Healthier Beverage Choices
        2. Expanding Wine Culture and Education
        3. Growing Popularity of Wine as a Social and Lifestyle Choice
        4. Influence of Wine Critics and Ratings
      2. Restraints
        1. Regulatory Challenges and Trade Barriers
        2. Climate Change and Environmental Pressures
        3. Health Concerns and Alcohol Consumption Trends
        4. Market Saturation and Competition
      3. Opportunities
        1. Emerging Markets and Growing Consumer Base
        2. Premiumization and Value-Added Offerings
        3. Digitalization and E-Commerce Growth
        4. Sustainability and Ethical Consumption Trends
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Red Wine Market, By Type, 2021 - 2031 (USD Million)
      1. Still Wine
      2. Sparkling Wine
      3. Others
    2. Red Wine Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. Online Trade
      2. Offline Trade
    3. Red Wine Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin Americe
  6. Competitive Landscape
    1. Company Profiles
      1. E & J Gallo Winery, Inc.
      2. Constellation Brands, Inc.
      3. The Wine Group, LLC
      4. Treasury Wine Estates Limited
      5. Groupe Castel S.A.
      6. Accolade Wines Pty Ltd
      7. Pernod Ricard S.A.
      8. Viña Concha y Toro S.A.
      9. Bodegas Torres S.A.
      10. González Byass, S.A.
      11. Campari Group
      12. Brown-Forman Corporation
      13. Amvyx SA
      14. Rémy Cointreau SA
      15. Vintage Wine Estates
  7. Analyst Views
  8. Future Outlook of the Market