Product Code: GVR-4-68039-929-2
Fortified Wine Market Growth & Trends:
The global fortified wine market size is expected to reach USD 31.80 billion by 2030, and is anticipated to grow at a CAGR of a 9.4% from 2025 to 2030, according to a new report by Grand View Research, Inc. The rising consumption and demand for alcoholic drinks in various special events are further supporting the industry's growth. The consumption of the product is considered social recognition, which in turn will drive industry growth during the forecast timeline.
In addition, various health benefits are associated with the consumption of fortified wine and leading to the market growth. However, the increased taxation on wine in several nations and stringent government rules and regulations are hindering the growth of the market during the forecast period.
Moreover, the increasing investment in R&D by various manufacturers to produce innovative products of fortified wine across the globe is creating opportunities for the market over the upcoming years. However, government guidelines in countries such as the U.S., Germany, the UK, China, and India are expected to maintain the quality of fortified wine products. Recently, the Food Safety and Standards Authority of India (FSSAI) has framed and notified the alcoholic beverages standard regulations 2018 for the manufacturing and labeling of wine.
The lockdown announced during the COVID-19 pandemic caused disruption in transportation, suspended the supply of raw materials for a certain time, and affected the manufacturing of fortified wine. However, rising awareness about health and promotion of the use of fortified wine after the COVID-19 pandemic has projected a healthy market growth rate in the upcoming years.
In June 2021, E. & J. Gallo Winery announced that the company would build a new production facility and distribution center with a USD 423 billion investment to support its long-term innovation plans and future business growth. Such innovations are expected to boost the adoption rate of the product among consumers.
Fortified Wine Market Report Highlights:
- Based on product, the sherry wine segment is anticipated to grow at a CAGR of 10.2% from 2025 to 2030. The increasing popularity of sherry wine among Western consumers as a drink during dinner to keep the body warm has led to an upsurge in this segment.
- Based on distribution channel, sales of fortified wine through internet retailing are anticipated to grow with a CAGR of 10.0% over the forecast period. Owing to the internet penetration rate, the e-commerce sector's rising adoption among consumers has witnessed lucrative growth in recent years. Several manufacturers are offering alcoholic products on their websites and e-commerce platforms, which, in turn, will drive industry demand.
- The fortified wine market in the U.S. is projected to grow at a CAGR of 9.5% from 2025 to 2030. The U.S. fortified wine market is experiencing steady growth due to increasing consumer preference for premium products and innovative wine offerings. While traditional fortified wines like sherry and port remain popular, there is a rising demand for new flavors and varieties.
- The fortified wine market in Germany is projected to grow at a CAGR of 9.1% from 2025 to 2030. In Germany, fortified wine consumption is gradually rising, with a growing interest in sweet and dessert wines. The market is primarily driven by consumers seeking premium and imported wines, as well as those who appreciate high-alcohol-content beverages.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Research & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Product Outlook
- 2.3. Distribution Channel Outlook
- 2.4. Regional Outlook
- 2.5. Competitive Insights
Chapter 3. Fortified Wine Market Variables, Trends & Scope
- 3.1. Market Introduction
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Sales/Retail Channel Analysis
- 3.3.2. Profit Margin Analysis
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Business Environment Analysis
- 3.5.1. Industry Analysis - Porter's
- 3.5.1.1. Supplier Power
- 3.5.1.2. Buyer Power
- 3.5.1.3. Substitution Threat
- 3.5.1.4. Threat from New Entrant
- 3.5.1.5. Competitive Rivalry
- 3.6. Roadmap of Fortified Wine Market
- 3.7. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
- 4.1. Demographic Analysis
- 4.2. Consumer Trends & Preferences
- 4.3. Factors Affecting Buying Decision
- 4.4. Buyer Product Adoption
- 4.5. Observations & Recommendations
Chapter 5. Fortified Wine Market: Product Estimates & Trend Analysis
- 5.1. Product Movement Analysis & Market Share, 2024 & 2030
- 5.2. Port Wine
- 5.2.1. Port wine market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3. Vermouth
- 5.3.1. Vermouth wine market estimates and forecast, 2018 - 2030 (USD Million)
- 5.4. Sherry
- 5.4.1. Sherry wine market estimates and forecast, 2018 - 2030 (USD Million)
- 5.5. Others
- 5.5.1. Other wine market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 6. Fortified Wine Market: Distribution Channel Estimates & Trend Analysis
- 6.1. Distribution Channel Movement Analysis & Market Share, 2024 & 2030
- 6.2. Pubs, Bars & Restaurants
- 6.2.1. Fortified wine market estimates and forecast through pubs, bars & restaurants, 2018 - 2030 (USD Million)
- 6.2.2. Internet Retailing
- 6.2.2.1. Fortified wine market estimates and forecast through internet retailing, 2018 - 2030 (USD Million)
- 6.2.3. Liquor Stores
- 6.2.3.1. Fortified wine market estimates and forecast through liquor stores, 2018 - 2030 (USD Million)
- 6.2.4. Supermarkets
- 6.2.4.1. Fortified wine market estimates and forecast through supermarkets, 2018 - 2030 (USD Million)
- 6.2.5. Others
- 6.2.5.1. Fortified wine market estimates and forecast through other channels, 2018 - 2030 (USD Million)
Chapter 7. Fortified Wine Market: Regional Estimates & Trend Analysis
- 7.1. Regional Movement Analysis & Market Share, 2024 & 2030
- 7.2. North America
- 7.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.2.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million)
- 7.2.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
- 7.2.4. U.S.
- 7.2.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.2.4.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million)
- 7.2.4.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
- 7.2.5. Canada
- 7.2.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.2.5.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million)
- 7.2.5.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
- 7.2.6. Mexico
- 7.2.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.2.6.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million)
- 7.2.6.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million)
- 7.3.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
- 7.3.4. Germany
- 7.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.4.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million)
- 7.3.4.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
- 7.3.5. U.K.
- 7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.5.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million)
- 7.3.5.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
- 7.3.6. France
- 7.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.6.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million)
- 7.3.6.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
- 7.3.7. Italy
- 7.3.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.7.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million)
- 7.3.7.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
- 7.3.8. Spain
- 7.3.8.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.8.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million)
- 7.3.8.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million)
- 7.4.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
- 7.4.4. China
- 7.4.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.4.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million)
- 7.4.4.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
- 7.4.5. Japan
- 7.4.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.5.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million)
- 7.4.5.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
- 7.4.6. India
- 7.4.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.6.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million)
- 7.4.6.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
- 7.4.7. South Korea
- 7.4.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.7.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million)
- 7.4.7.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
- 7.4.8. Australia
- 7.4.8.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.8.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million)
- 7.4.8.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million)
- 7.5.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
- 7.5.4. Brazil
- 7.5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5.4.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million)
- 7.5.4.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
- 7.6. Middle East & Africa
- 7.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.6.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million)
- 7.6.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
- 7.6.4. South Africa
- 7.6.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.6.4.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million)
- 7.6.4.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Chapter 8. Competitive Analysis
- 8.1. Key global players, recent developments & their impact on the industry
- 8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
- 8.3. Vendor Landscape
- 8.3.1. Key company market share analysis, 2024
Chapter 9. Company Profiles
- 9.1. E. & J. Gallo Winery
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Strategic Initiatives
- 9.2. Constellation Brands, Inc.
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Strategic Initiatives
- 9.3. Treasury Wine Estates
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Strategic Initiatives
- 9.4. Trinchero Family Estates
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Strategic Initiatives
- 9.5. Deutsch Family Wine & Spirits
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Strategic Initiatives
- 9.6. The Wine Group
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Strategic Initiatives
- 9.7. Liberty Wines Limited
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Strategic Initiatives
- 9.8. Percept Wine, LLC
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Strategic Initiatives
- 9.9. Michelle Wine Estate
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Strategic Initiatives
- 9.10. Backsberg
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Strategic Initiatives
- 9.11. Sogevinus Fine Wines SL (Kopke)
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Strategic Initiatives
- 9.12. Taylor's Port
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Strategic Initiatives
- 9.13. Albina & Hanna
- 9.13.1. Company Overview
- 9.13.2. Financial Performance
- 9.13.3. Product Benchmarking
- 9.13.4. Strategic Initiatives