Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Fortified Wine Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Projected Market Size of the Fortified Wine Industry in 2024 and 2025?
The market size of fortified wine experienced substantial growth recently. It is anticipated to boost from $20.1 billion in 2024 to $21.8 billion in 2025. The compound annual growth rate (CAGR) for this market is predicted to be 8.5%.
What Is the Projected Market Size of the Fortified Wine Market in 2029?
The Fortified Wine Global Market Report 2025 projects that by the year 2029, the fortified wine industry will grow to $32.42 billion. This growth expects to reflect a Compound Annual Growth Rate (CAGR) of 10.4%.
Download the Free Sample Now:
What Are the Key Drivers of Fortified Wine Market Growth?
The key drivers in the fortified wine market are:
• Rapid increase in consumer interest towards unique and artisanal wine styles
• The introduction and expansion of fortified wine pairing and tasting experiences
• Advancements in research and development pertaining to fortified wine varietals and blends
• Rising demand for fortified wines in experiential dining and culinary tourism.
What Are the Primary Segmentation Categories in the Fortified Wine Market?
The fortified winemarket covered in this report is segmented –
1) By Product: Port Wine, Vermouth, Sherry, Other Products
2) By Distribution Channel: Online, Offline
3) By End Users Or Applications: Supermarkets and Hypermarkets, On Trade, Specialist Retailers, Retail Stores
Explore the Complete Market Report:
What Are the Major Trends Shaping the Fortified Wine Market in 2025 and Beyond?
The key trends in the fortified wine market are:
• Consumer interest in unique and artisanal wine styles is an emerging trend.
• Expansion of fortified wine pairing and tasting experiences is increasingly becoming popular.
• There is a shift towards the use of research and development in crafting fortified wine varietals and blends.
• There's growing interest in fortified wine cocktails and mixology.
Who Are the Emerging Players in the Fortified Wine Market?
Major players in the fortified wine market are:
• Liberty Wines Limited
• Taylor Fladgate & Yeatman Vinhos S.A
• Vinbros & company LLC.
• Lombardo S.p.A.
• Curatolo Arini S.r.l.
• Davide Campari-Milano S.p.A.
• Emilio Hidalgo S.A.
• Mazuran's Vineyards Limited
• Sogrape Vinhos S.A.
• Bacardi Limited
• E. & J. Gallo Winery
• Indage Vintners Limited
• Contratto S.r.l.
• Albina & Hanna LLC
• Backsberg Estate Cellars
• Vinhos Barbeito
• Bodegas Barbadillo S.L.
• Barsol Pisco
• Blandy's Wine Lodge
• Campanario de Azaba S.L.
• Joseph Cartron SAS
• The Whisky Exchange
• Sogevinus Fine Wines
• The Wine Group Inc.
• Atsby Vermouth
• Gancia S.p.A.
• Symington Family Estates Vinhos S.A.
Which Regions Are Leading the Growth in the Global Fortified Wine Market?
North America will be the largest region in the fortified wine market in 2024
