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Daily Newsletter

17 June 2024

Daily Newsletter

17 June 2024

Mast-Jägermeister on Tequila ambitions and becoming “portfolio business”

Mast-Jägermeister UK managing director Michael Cleary talks to Just Drinks at the UK launch of Teremana Tequila.

Jessica Broadbent June 13 2024

Mast-Jagermeister UK managing director Michael Cleary

Mast-Jägermeister UK managing director Michael Cleary talks to Just Drinks at the UK launch of Teremana Tequila.

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Wine Market Overview

GlobalData's latest report brings together multiple data sources to provide a comprehensive overview of the global wine sector, analyzing data from 104 countries. Per our analysis, Western Europe was identifed as the largest region, with a volume share of 51.9% in 2023, and the US recognized as the largest wine market. The increasing popularity of wine among young consumers will help the wine sector’s growth during 2023–28.

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Wine Market Overview

Per GlobalData, the wine market size was valued at $333.7 billion in 2023 and will achieve a CAGR of >6% during 2023-2028. The increasing popularity of wine among young consumers will drive market growth during the forecast period. In 2023, Western Europe garnered the highest wine market revenue with France, Italy, Germany, and the UK being the major contributors. The regional market growth can be attributed to the easing of inflation and wage growth that will help consumers’ spending on wine offerings.

Buy report

Wine Market Overview

Per GlobalData, the wine market size was valued at $333.7 billion in 2023 and will achieve a CAGR of >6% during 2023-2028. The increasing popularity of wine among young consumers will drive market growth during the forecast period. In 2023, Western Europe garnered the highest wine market revenue with France, Italy, Germany, and the UK being the major contributors. The regional market growth can be attributed to the easing of inflation and wage growth that will help consumers’ spending on wine offerings.

Buy report

Wine Market Overview

Per GlobalData, the wine market size was valued at $333.7 billion in 2023 and will achieve a CAGR of >6% during 2023-2028. The increasing popularity of wine among young consumers will drive market growth during the forecast period. In 2023, Western Europe garnered the highest wine market revenue with France, Italy, Germany, and the UK being the major contributors. The regional market growth can be attributed to the easing of inflation and wage growth that will help consumers’ spending on wine offerings.

Buy report

Wine Market Overview

Per GlobalData, the wine market size was valued at $333.7 billion in 2023 and will achieve a CAGR of >6% during 2023-2028. The increasing popularity of wine among young consumers will drive market growth during the forecast period. In 2023, Western Europe garnered the highest wine market revenue with France, Italy, Germany, and the UK being the major contributors. The regional market growth can be attributed to the easing of inflation and wage growth that will help consumers’ spending on wine offerings.

Buy report

Wine Market Overview

Per GlobalData, the wine market size was valued at $333.7 billion in 2023 and will achieve a CAGR of >6% during 2023-2028. The increasing popularity of wine among young consumers will drive market growth during the forecast period. In 2023, Western Europe garnered the highest wine market revenue with France, Italy, Germany, and the UK being the major contributors. The regional market growth can be attributed to the easing of inflation and wage growth that will help consumers’ spending on wine offerings.

Buy report

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