Luxury Wine Market Insights Video

According to Cognitive Market Research, The Global Luxury Wine Market size is USD 170.8 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2023 to 2030.

• Evolving consumer tastes drive demand for unique luxury wines, fostering market growth.
• In the Luxury Wine market, Retail Stores prevail as the dominant category.
• Red Wine asserts its dominance in the Luxury Wine market.
• North America will continue to lead, whereas the Europe Luxury Wine Market will experience the strongest growth until 2030.