According to Statistica, global wine market has a total revenue of US$347.1bn in 2025.
Even in the seventh consecutive year of increasing global Wine market sales, the indicator is estimated to reach 412.9 billion U.S. dollars and, therefore, a new peak in 2027.
During the pandemic, as digitization was on the rise and Wine companies turned to online platforms, the revenue in the Wine market worldwide was forecast to increase from approximately 4.77 billion U.S. dollars in 2017 to more than 14 billion U.S. dollars by 2027.
This was generated through e-commerce platforms as more consumers purchased online.
However, according to Statista, the Wine market size will decline in all segments in 2027 compared to the previous year. Comparing the three different segments for the year 2027, the segment ‘Sparkling Wine’ leads the ranking with 6.94 percent.
Contrastingly, ‘Still Wine’ is ranked last, with 4.95 percent. Their difference, compared to Sparkling Wine, lies at 1.99 percentage points.
