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. (June 14, 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 November 03, 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. June 14, 2024. Statista. Accessed November 03, 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: November 03, 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., 14 Jun 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 November 03, 2024)
Revenue of the wine market in Latin America and the Caribbean from 2019 to 2029 (in billion U.S. dollars) [Graph], Statista, June 14, 2024. [Online]. Available: https://www.statista.com/forecasts/1452962/wine-market-revenue-in-latin-america