Global Fortified Wine Market Size & Outlook, 2024-2030
Global fortified wine market, 2018-2030 (US$M)
Related Markets
Global fortified wine market highlights
- The global fortified wine market generated a revenue of USD 18,107.8 million in 2024 and is expected to reach USD 31,799.1 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 9.8% by 2030.
- In terms of segment, vermouth accounted for a revenue of USD 12,300.9 million in 2024.
- Sherry is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2024.
- Country-wise, South Africa is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 18,107.8 million |
| Market revenue in 2030 | USD 31,799.1 million |
| Growth rate | 9.8% (CAGR from 2024 to 2030) |
| Largest segment | Vermouth |
| Fastest growing segment | Sherry |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Port Wine, Vermouth, Sherry |
Other key industry trends
- In terms of revenue, the North America accounted for 25.2% of the global fortified wine market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 0.4 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Fortified Wine Market Scope
Fortified Wine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Taylor’s Port | View profile | 101-250 | Vila Nova De Gaia, Porto, Portugal, Europe | https://www.taylor.pt |
| Ste. Michelle Wine Estates | View profile | 1001-5000 | Woodinville, Washington, United States, North America | http://www.smwe.com |
| Precept Wine | View profile | 251-500 | Seattle, Washington, United States, North America | http://preceptwine.com |
| Liberty Wines | View profile | 101-250 | London, England, United Kingdom, Europe | https://www.libertywines.co.uk |
| Deutsch Family Wine and Spirits | View profile | 251-500 | Stamford, Connecticut, United States, North America | https://www.deutschfamily.com/ |
| The Wine Group | View profile | 1-10 | Glen Ellen, California, United States, North America | https://www.imagerywinery.com |
| Trinchero Family Estates | View profile | 501-1000 | St. Helena, California, United States, North America | http://www.tfewines.com/ |
| E & J Gallo Winery | View profile | 5001-10000 | Modesto, California, United States, North America | http://www.ejgallo.com |
| Treasury Wine Estates Ltd | View profile | 2600 | 161 Collins Street, Level 8, Melbourne, VIC, Australia, 3000 | https://www.tweglobal.com |
| Constellation Brands Inc Class A | View profile | 10600 | 207 High Point Drive, Building 100, Victor, New York, NY, United States, 14564 | https://www.cbrands.com |
Global fortified wine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fortified wine market will help companies and investors design strategic landscapes.
Vermouth was the largest segment with a revenue share of 67.93% in 2024. Horizon Databook has segmented the Global fortified wine market based on port wine, vermouth, sherry covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Fortified Wine Product Outlook (Revenue, USD Million, 2018-2030)
- Vermouth
- Port Wine
- Others
- Sherry
- Global Fortified Wine Distribution channel Outlook (Revenue, USD Million, 2018-2030)
- Pub, Bars & Restaurants
- Others
- Internet Retailing
- Liquor Stores
- Supermarkets
Reasons to subscribe to Global fortified wine market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global fortified wine market databook
-
Our clientele includes a mix of fortified wine market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global fortified wine market , including forecasts for subscribers. This global databook contains high-level insights into Global fortified wine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global fortified wine market size, by regions, 2018-2030 (US$M)
Top 10 countries: Fortified wine market size, 2024 (US$M)
Global fortified wine market share, by product, 2024 & 2030 (%, US$M)
Fortified wine market: Opportunity assessment by country
Global fortified wine market, by region, 2024 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
