China Wine Market Size & Outlook, 2024-2030
China wine market, 2018-2030 (US$M)
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China wine market highlights
- The China wine market generated a revenue of USD 30,734.9 million in 2024 and is expected to reach USD 53,261.8 million by 2030.
- The China market is expected to grow at a CAGR of 9.8% from 2025 to 2030.
- In terms of segment, table wine was the largest revenue generating product in 2024.
- Sparkling Wine is the most lucrative product segment registering the fastest growth during the forecast period.
Wine market data book summary
| Market revenue in 2024 | USD 30,734.9 million |
| Market revenue in 2030 | USD 53,261.8 million |
| Growth rate | 9.8% (CAGR from 2025 to 2030) |
| Largest segment | Table wine |
| Fastest growing segment | Sparkling Wine |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Table Wine, Dessert Wine, Sparkling Wine |
| Key market players worldwide | Asahi Group Holdings Ltd, The Wine Group, Accolade Wines, Constellation Brands Inc Class A, Treasury Wine Estates Ltd, Pernod Ricard SA |
Other key industry trends
- In terms of revenue, China accounted for 6.0% of the global wine market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China wine market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,728.7 million by 2030.
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Wine Market Scope
Wine Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 wine market will help companies and investors design strategic landscapes.
Table wine was the largest segment with a revenue share of 100.5% in 2024. Horizon Databook has segmented the China wine market based on table wine, dessert wine, sparkling wine covering the revenue growth of each sub-segment from 2018 to 2030.
China’s growing thirst for wine has spawned a new crop of connoisseurs, inspired prize-winning domestic producers, and even attracted international tasting events. As around 40% of the wine consumed in China is imported, the country presents enormous opportunities to foreign wineries and wine distributors.
The market also appears to be maturing, which indicates the end of more experimental purchases in lower quality products and a shift towards higher quality wines that serve a more luxury-oriented consumer mindset.
France, Australia, Chile, Italy, Spain, the U.S., South Africa, New Zealand, Argentina, and Germany are some of the largest exporters of wine Additionally, the arrival of e-commerce has changed the landscape for the wine market in the country.
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Target buyers of China wine market databook
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Our clientele includes a mix of wine market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China wine market , including forecasts for subscribers. This country databook contains high-level insights into China wine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China wine market size, by product, 2018-2030 (US$M)
China Wine Market Outlook Share, 2024 & 2030 (US$M)
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