The Mexico wine market is expected to experience robust growth, with a projected increase of USD 2.4 billion and a compound annual growth rate (CAGR) of approximately 9.9% throughout the forecast period. Mexico’s wine market is rapidly growing, fueled by an increasing appreciation for high-quality wines, particularly from local regions like Baja California. As the middle class expands and becomes more affluent, there is a notable shift toward premium wines. This is compounded by a growing wine tourism industry, with regions like Valle de Guadalupe attracting international visitors. Additionally, the country’s expanding wine culture, characterized by wine festivals, tastings, and educational initiatives, is helping to elevate the status of wine in social settings. Increased retail access to both domestic and international wines further drives the market.
The report provides a comprehensive analysis of the Mexico wine industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type, pricing, packaging and distribution channel. The insights gained from this evaluation help reveal the growth potential within the wine sector.
Market Segmentation
The segmentation of the Mexico wine market is outlined below:
Product type: fortified wine (port, sherry, vermouth, others), sparkling wine (champagne, others), still wine (still red wine, still rosé wine, still white wine)
Pricing: mass, mid-priced, premium
Packaging: glass, metal, others
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, food and drinks stores, bars and HoReCa, e-commerce, others
The segmentation of the Mexico wine market product type, pricing, packaging and distribution channel. By product type, the market includes fortified wine (port, sherry, vermouth, others), sparkling wine (champagne, others), and still wine (still red wine, still rosé wine, still white wine). Pricing segments encompass mass, mid-priced, and premium. Packaging segments cover glass, metal, and others. Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, food and drinks stores, bars and HoReCa, e-commerce, and others.
Competitive Landscape
The Mexico wine market is marked by intense competition, featuring leading companies such as Vinos de los Herederos del Marques de Riscal SA, Vinicola L. A. Cetto S.A. de C.V., VinA Santa Carolina S.A., Vina Concha Y Toro S.A., Valle Redondo S.A. De C.V., Union Vitivinicola Vinedos de Cenicero SA, S.A. Vina Santa Rita, Pernod Ricard Group, Monte Xanic SA de CV, Miguel Torres S.A., Marinter S.A. De C.V., LVMH Moet Hennessy Louis Vuitton SA (LVMH), La Madrilena S.A. de C.V., Henkell & Co. Sektkellerei KG, Grupo Penaflor S.A., Grupo Pando S.A. de C.V., Federico Paternina S.A., E. & J. Gallo Winery, Dr. August Oetker, Donelli Vini S.p.A., Compania Cervecerias Unidas S.A., Casa Madero S.A., Carlyle Group Inc., Cantine Riunite & CIV S.C.Agr., Bodega Las Copas S.L., BEPENSA S.A. de C.V. and Bacardi Limited.
This report presents an extensive analysis of major entities in the wine market, focusing on their performance from 2019 to 2023. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Mexico wine market.
Gain in-depth analysis and forecasts for the key segments of the Mexico 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 Mexico wine market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Mexico 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
Mexico Wine Market – Product Type Analysis
Mexico Wine Market – Pricing Analysis
Mexico Wine Market – Packaging Analysis
Mexico Wine Market – Distribution Channel Analysis
Key Players and Market Share
– Vinos de los Herederos del Marques de Riscal SA
– Vinicola L. A. Cetto S.A. de C.V.
– VinA Santa Carolina S.A.
– Vina Concha Y Toro S.A.
– Valle Redondo, S.A. De C.V.
– Union Vitivinicola Vinedos de Cenicero SA
– S.A. Vina Santa Rita
– Pernod Ricard Group
– Monte Xanic SA de CV
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Mexico Wine Market 2019-2029
Chart Mexico Wine Market, Net Growth, 2019-2029
Chart Mexico Wine Market, Growth Rates, 2019-2029
Table Mexico Wine Market by Product Type, 2019-2029
Chart Mexico Wine Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Mexico Wine Market by Product Type, 2019-2029
Table Mexico Wine Market by Pricing, 2019-2029
Chart Mexico Wine Market by Pricing, CAGR Historic and Forecast, 2019-2029
Chart Mexico Wine Market by Pricing, 2019-2029
Table Mexico Wine Market by Packaging, 2019-2029
Chart Mexico Wine Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Mexico Wine Market by Packaging, 2019-2029
Table Mexico Wine Market by Distribution Channel, 2019-2029
Chart Mexico Wine Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Mexico Wine Market by Distribution Channel, 2019-2029
Table Mexico Wine Market Share (%), by Companies, 2019-2023
Chart Mexico Wine Market, by Companies, 2023
Table Mexico Wine Market Share (%), by Brands, 2019-2023
Chart Mexico Wine Market, by Brands, 2023
Table Mexico – Population (Millions) and Forecast
Table Mexico – Consumer Price Index (CPI) and Forecast
Table Mexico – Gross Domestic Product and Forecast
Table Mexico Wine Market: Spend as a Proportion of GDP (%)
Table Mexico Wine Market: Consumption per Capita (Population)
Companies Mentioned
Vinos de los Herederos del Marques de Riscal SA
Vinicola L. A. Cetto S.A. de C.V.
VinA Santa Carolina S.A.
Vina Concha Y Toro S.A.
Valle Redondo, S.A. De C.V.
Union Vitivinicola Vinedos de Cenicero SA
S.A. Vina Santa Rita
Pernod Ricard Group
Monte Xanic SA de CV
Miguel Torres S.A.
Marinter, S.A. De C.V.
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
La Madrilena S.A. de C.V.
Henkell & Co. Sektkellerei KG
Grupo Penaflor S.A.
Grupo Pando, S.A. de C.V.
Federico Paternina S.A.
E. & J. Gallo Winery
Dr. August Oetker
Donelli Vini S.p.A.
Compania Cervecerias Unidas S.A.
Casa Madero S.A.
Carlyle Group Inc.
Cantine Riunite & CIV S.C.Agr.
Bodega Las Copas S.L.
BEPENSA, S.A. de C.V.
Bacardi Limited