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.
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.
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Statista. (November 6, 2024). Revenue of the wine market in Latin America and the Caribbean from 2019 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/forecasts/1452962/wine-market-revenue-in-latin-america
Statista. "Revenue of the wine market in Latin America and the Caribbean from 2019 to 2029 (in billion U.S. dollars)." Chart. November 6, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/forecasts/1452962/wine-market-revenue-in-latin-america
Statista. (2024). Revenue of the wine market in Latin America and the Caribbean from 2019 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/forecasts/1452962/wine-market-revenue-in-latin-america
Statista. "Revenue of The Wine Market in Latin America and The Caribbean from 2019 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 6 Nov 2024, https://www.statista.com/forecasts/1452962/wine-market-revenue-in-latin-america
Statista, Revenue of the wine market in Latin America and the Caribbean from 2019 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1452962/wine-market-revenue-in-latin-america (last visited December 19, 2024)
Revenue of the wine market in Latin America and the Caribbean from 2019 to 2029 (in billion U.S. dollars) [Graph], Statista, November 6, 2024. [Online]. Available: https://www.statista.com/forecasts/1452962/wine-market-revenue-in-latin-america