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The combined revenue in the 'Wine' segment of the alcoholic drinks market in Latin America was forecast to continuously increase between 2024 and 2029 by in total 4.7 billion U.S. dollars (+25.08 percent). According to this forecast, in 2029, the combined revenue will have increased for the sixth consecutive year to 23.39 billion U.S. dollars.

Find more key insights for the combined revenue in countries and regions like the revenue, combined in the alcoholic drinks market in the United Kingdom and the volume per Capita, combined in the 'Sparkling Wine' segment of the alcoholic drinks market in Europe.

The Statista Market Insights cover a broad range of additional markets.

Revenue of the wine market in Latin America and the Caribbean from 2019 to 2029 (in billion U.S. dollars)

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Special properties

At-home revenue. At home market data covers retail sales via super- and hypermarkets, eCommerce, convenience stores, and similar sales channels.

Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The Wine market contains alcoholic beverages derived from fermented grapes.

Structure:

The Wine market is divided into the following markets:

The Still Wine market refers to wine without the addition of carbon dioxide. This market also contains additional information regarding red wine, white wine, and rosé wine.
The Sparkling Wine market refers to wine with the addition of carbon dioxide.
The Fortified Wine market refers to wine that has been strengthened with added alcohol.

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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