Wine Market Share, Size, Trends & Growth

The Wine market was valued at USD 418 Billion in 2020 and is projected to grow at a robust CAGR of 6.1% over the forecast period (2021-2028).
The factors driving the growth of Wine market includes growing alcohol consumption by the young population around the world, increasing sales of wine through e-commerce platforms, growing application of wine in different food cuisines and availability of duty-free liquor.

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