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.
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 2025
USD 888.6 million
Market revenue in 2033
USD 2,662.4 million
Growth rate
14.8% (CAGR from 2026 to 2033)
Largest segment
Table wine
Fastest growing segment
Sparkling Wine
Historical data
2021 - 2024
Base year
2025
Forecast period
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, 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’.
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.