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Wine Market Size, Competitive Landscape, Country Analysis

Category : News 1 year ago

The wine market size was $321.3 billion in 2021 and is projected to achieve a CAGR of more than 6% during the period 2021-2026. Rising disposable income coupled with increasing employment rates will propel the demand for wine globally. Western Europe represented the largest region for the wine sector in 2021. A total of 104 countries were analyzed based on risk-reward analysis to identify 10 high-potential countries by region.