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The combined revenue in the 'Fortified Wine' segment of the alcoholic drinks market in Europe was forecast to continuously increase between 2024 and 2029 by in total 1.2 billion U.S. dollars (+13.38 percent). After the ninth consecutive increasing year, the combined revenue is estimated to reach 10.18 billion U.S. dollars and therefore a new peak in 2029.

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Revenue of the fortified wine market in Europe from 2019 to 2029 (in billion U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

Fortified Wine is characterized as a wine that has been strengthened with additional alcohol, e.g., Sherry, Port Wine, or Madeira.

Additional information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per liter, as well as sales channels. Per capita figures refer to a country’s or region’s whole population.

At-home market data covers retail sales via super- and hypermarkets, eCommerce, convenience stores, and similar sales channels. Out-of-home market data includes all sales in hotels and restaurants, sales by catering companies, as well as sales in cafés, bars, and similar hospitality service establishments. Combined numbers encompass both the at-home market and the out-of-home market. All prices are valued at retail selling prices, including all sales and consumption taxes.

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