Expected to witness rapid expansion, the India wine market is likely to increase from USD 573.7 million in 2023 to USD 1,016.3 million by 2029, registering a CAGR of 10% during the forecast period. In India, wine consumption is on the rise due to increasing disposable incomes, especially among the younger population. Urban areas, in particular, are seeing greater adoption of wine, supported by growing awareness through online platforms, retail stores, and wine clubs. As the market matures, domestic production is also rising, creating greater accessibility to wines at various price points.
This report presents a detailed overview of the India wine industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type, pricing, packaging and distribution channel. This detailed analysis supports the identification of growth opportunities within the wine industry.
Market Segmentation
The India wine market is structured as follows:
Product type: fortified wine, sparkling wine (champagne, others), still wine (still red wine, still white wine)
Pricing: mass, mid-priced, premium
Packaging: glass, metal, others
Distribution channel: supermarkets and hypermarkets, food and drinks stores, bars and HoReCa, others
The wine market in India is segmented based on product type, pricing, packaging and distribution channel. In terms of product type, the market is segmented into fortified wine, sparkling wine (champagne, others), and still wine (still red wine, still white wine). Pricing segmentation includes mass, mid-priced, and premium. Packaging segments consist of glass, metal, and others. Distribution channel segmentation includes supermarkets and hypermarkets, food and drinks stores, bars and HoReCa, and others.
Competitive Landscape
The wine market is highly competitive, with key companies profiled in this report, including Vinbros & Co., Tonia Liqour Industries GOA, Sankalp Winery Private Limited, Samant Soma Wines Limited, Pernod Ricard Group, LVMH Moet Hennessy Louis Vuitton SA (LVMH), John Distilleries Private Limited, Grover Zampa Pvt Ltd and Diageo plc.
The report provides a detailed assessment of prominent companies within the wine market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.
Why Buy This Report?
Obtain precise statistical data and forecasts for the India wine market.
Gain in-depth analysis and forecasts for the key segments of the India wine market: product type, pricing, packaging and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the India wine market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the India wine market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
India Wine Market – Product Type Analysis
India Wine Market – Pricing Analysis
India Wine Market – Packaging Analysis
India Wine Market – Distribution Channel Analysis
Key Players and Market Share
– Vinbros & Co.
– Tonia Liqour Industries GOA
– Sankalp Winery Private Limited
– Samant Soma Wines Limited
– Pernod Ricard Group
– LVMH Moet Hennessy Louis Vuitton SA (LVMH)
– John Distilleries Private Limited
– Grover Zampa Pvt Ltd
– Diageo plc
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table India Wine Market 2019-2029
Chart India Wine Market, Net Growth, 2019-2029
Chart India Wine Market, Growth Rates, 2019-2029
Table India Wine Market by Product Type, 2019-2029
Chart India Wine Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart India Wine Market by Product Type, 2019-2029
Table India Wine Market by Pricing, 2019-2029
Chart India Wine Market by Pricing, CAGR Historic and Forecast, 2019-2029
Chart India Wine Market by Pricing, 2019-2029
Table India Wine Market by Packaging, 2019-2029
Chart India Wine Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart India Wine Market by Packaging, 2019-2029
Table India Wine Market by Distribution Channel, 2019-2029
Chart India Wine Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart India Wine Market by Distribution Channel, 2019-2029
Table India Wine Market Share (%), by Companies, 2019-2023
Chart India Wine Market, by Companies, 2023
Table India Wine Market Share (%), by Brands, 2019-2023
Chart India Wine Market, by Brands, 2023
Table India – Population (Millions) and Forecast
Table India – Consumer Price Index (CPI) and Forecast
Table India – Gross Domestic Product and Forecast
Table India Wine Market: Spend as a Proportion of GDP (%)
Table India Wine Market: Consumption per Capita (Population)
Companies Mentioned
Vinbros & Co.
Tonia Liqour Industries GOA
Sankalp Winery Private Limited
Samant Soma Wines Limited
Pernod Ricard Group
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
John Distilleries Private Limited
Grover Zampa Pvt Ltd
Diageo plc