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India Wine Market Size & Outlook, 2026-2033

The wine market in India is expected to reach a projected revenue of US$ 2,662.4 million by 2033. A compound annual growth rate of 14.8% is expected of India wine market from 2026 to 2033.
Revenue, 2025 (US$M)
$888.6
Estimate, 2026 (US$M)
$1,010.9
Forecast, 2033 (US$M)
$2,662.4
CAGR, 2026 - 2033
14.8%

India wine market highlights

  • The India wine market generated a revenue of USD 888.6 million in 2025 and is expected to reach USD 2,662.4 million by 2033.
  • The India market is expected to grow at a CAGR of 14.8% 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.


Wine market data book summary

Market revenue in 2025USD 888.6 million
Market revenue in 2033USD 2,662.4 million
Growth rate14.8% (CAGR from 2026 to 2033)
Largest segmentTable wine
Fastest growing segmentSparkling Wine
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationTable Wine, Dessert Wine, Sparkling Wine
Key market players worldwideAsahi 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, India accounted for 0.2% of the global wine market in 2025.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
  • In Asia Pacific, China wine market is projected to lead the regional market in terms of revenue in 2033.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,662.4 million by 2033.

The large young population, increasing urbanization, and the perception of wine as a ‘status symbol are factors expected to drive the market in India. The growing acceptance and preference for wine among the upper and middle classes is also providing a boost to the market.

Along with that, excessive exposure to new cultures, western concepts, overseas education, and rapidly changing demography are driving wine consumption in the country. Wines are making their way into functions, events, and marriages, and are a particularly popular gift for status-conscious Indian consumers.

India has its own domestic wine industry too, with Sula Vineyards, Chateau Indage, and Grover Vineyards being among the top Indian vineyards and wineries. Collectively, they hold 90% of the domestically produced wine market and are perceived to offer ‘better value for money’.

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Publish Date: Mar 12, 2026

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Wine Market Companies

NameProfile# EmployeesHQWebsite
Pernod Ricard SAView profile 20,6175, Cours Paul Ricard, Paris, France, 75008www.pernod-ricard.com
Constellation Brands Inc Class AView profile 10,600207 High Point Drive, Building 100, Victor, New York, NY, United States, 14564www.cbrands.com
Asahi Group Holdings LtdView profile 34,7281-23-1, Azumabashi, Sumida-ku, Tokyo, Japan, 130-8602www.asahigroup-holdings.com
Treasury Wine Estates LtdView profile 2,600161 Collins Street, Level 8, Melbourne, VIC, Australia, 3000www.tweglobal.com
E & J Gallo WineryView profile 5001-10000Modesto, California, United States, North Americawww.ejgallo.com
The Wine GroupView profile 1-10Glen Ellen, California, United States, North Americawww.imagerywinery.com
Accolade WinesView profile 1001-5000Adelaide, South Australia, Australia, Oceaniaaccoladewines.com
Concha y ToroView profile 1001-5000Torre, Ilocos Norte, Philippines, Asiawww.conchaytoro.com
Castel FrèresView profile 51-100Blanquefort, Aquitaine, France, Europewww.castel-freres.com/en/

India 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 108.83% in 2025.

Horizon Databook has segmented the India wine market based on table wine, dessert wine, sparkling wine covering the revenue growth of each sub-segment from 2021 to 2033.




The large young population, increasing urbanization, and the perception of wine as a ‘status symbol are factors expected to drive the market in India. The growing acceptance and preference for wine among the upper and middle classes is also providing a boost to the market.

Along with that, excessive exposure to new cultures, western concepts, overseas education, and rapidly changing demography are driving wine consumption in the country. Wines are making their way into functions, events, and marriages, and are a particularly popular gift for status-conscious Indian consumers.

India has its own domestic wine industry too, with Sula Vineyards, Chateau Indage, and Grover Vineyards being among the top Indian vineyards and wineries. Collectively, they hold 90% of the domestically produced wine market and are perceived to offer ‘better value for money’.

  • India Wine Market Product Outlook (Revenue, USD Million , 2021-2033)
    • Table Wine
    • Dessert Wine
    • Sparkling Wine
  • India 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 country-level data and insights on the India Wine Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into India Wine Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.

India Wine Market, 2021-2033 (US$M)

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India wine market statistics, by product, 2021-2033 (US$M)

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India wine market statistics, by product, 2021-2033 (USD Million)

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