Europe Wine Market Size & Outlook, 2026-2033
Global Market
Related Markets
Europe wine market highlights
- The Europe wine market generated a revenue of USD 244,482.4 million in 2025.
- The market is expected to grow at a CAGR of 8% from 2026 to 2033.
- In terms of segment, table wine was the largest revenue generating product in 2025.
- Sparkling Wine is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2026 to 2033.
Europe data book summary
| Market revenue in 2025 | USD 244,482.4 million |
| Market revenue in 2033 | USD 444,938.4 million |
| Growth rate | 8% (CAGR from 2026 to 2033) |
| Largest segment | Table wine |
| Fastest growing segment | Sparkling Wine |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| 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, E. & J. Gallo Winery, Constellation Brands, Inc., Concha y Toro, Castel Frères, Pernod Ricard |
Other key industry trends
- In terms of revenue, Europe region accounted for 44.5% of the global wine market in 2025.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 228,041.7 million by 2033.
Europe is the most established wine market with several countries such as Portugal, Italy, and France having the highest per capita wine consumption per year. Europe remained the world’s highest consumption center for wine, at around 58% of the global volume in 2019.
One of the largest aggregate wine markets in Europe is France due to its larger population and high per capita wine consumption. Countries such as Germany and the U.K. are the biggest importers of wine, where wine production is much lower than its consumption.
Most of Europe’s wine production is concentrated in the Southern part of the region, where consumers relatively prefer local wine over foreign wine. However, countries such as the U.K, the Netherlands, Austria, Germany, and Belgium can offer significant growth opportunities for the wine market.
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Publish Date: Mar 12, 2026
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Wine Market Scope
Wine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Pernod Ricard SA | View profile | 20,617 | 5, Cours Paul Ricard, Paris, France, 75008 | www.pernod-ricard.com |
| Constellation Brands Inc Class A | View profile | 10,600 | 207 High Point Drive, Building 100, Victor, New York, NY, United States, 14564 | www.cbrands.com |
| Asahi Group Holdings Ltd | View profile | 34,728 | 1-23-1, Azumabashi, Sumida-ku, Tokyo, Japan, 130-8602 | www.asahigroup-holdings.com |
| Treasury Wine Estates Ltd | View profile | 2,600 | 161 Collins Street, Level 8, Melbourne, VIC, Australia, 3000 | www.tweglobal.com |
| E & J Gallo Winery | View profile | 5001-10000 | Modesto, California, United States, North America | www.ejgallo.com |
| The Wine Group | View profile | 1-10 | Glen Ellen, California, United States, North America | www.imagerywinery.com |
| Accolade Wines | View profile | 1001-5000 | Adelaide, South Australia, Australia, Oceania | accoladewines.com |
| Concha y Toro | View profile | 1001-5000 | Torre, Ilocos Norte, Philippines, Asia | www.conchaytoro.com |
| Castel Frères | View profile | 51-100 | Blanquefort, Aquitaine, France, Europe | www.castel-freres.com/en/ |
Europe 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 Outlook will help companies and investors design strategic landscapes.
Table Wine was the largest segment with a revenue share of 75.9% in 2025.
Horizon Databook has segmented the Europe wine market based on table wine, dessert wine, sparkling wine covering the revenue growth of each sub-segment from 2021 to 2033.
Europe is the most established wine market with several countries such as Portugal, Italy, and France having the highest per capita wine consumption per year. Europe remained the world’s highest consumption center for wine, at around 58% of the global volume in 2019.
One of the largest aggregate wine markets in Europe is France due to its larger population and high per capita wine consumption. Countries such as Germany and the U.K. are the biggest importers of wine, where wine production is much lower than its consumption.
Most of Europe’s wine production is concentrated in the Southern part of the region, where consumers relatively prefer local wine over foreign wine. However, countries such as the U.K, the Netherlands, Austria, Germany, and Belgium can offer significant growth opportunities for the wine market.
- Europe Wine Market Product Outlook (Revenue, USD Million , 2021-2033)
- Table Wine
- Dessert Wine
- Sparkling Wine
- Europe Wine Market Distribution Channel Outlook (Revenue, USD Million , 2021-2033)
- On-Trade
- Off-Trade
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Wine Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Wine Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Europe Wine Market, 2021-2033 (US$M)
Europe wine market statistics, by product, 2021-2033 (US$M)
