Wine Market Size Worth $685.99 Billion By 2028 | CAGR: 6.4%: Grand View Research, Inc.
SAN FRANCISCO, May 11, 2021 /PRNewswire/ -- The global wine market size is expected
to reach USD 685.99 billion by 2028, according to a new report by Grand View Research, Inc. It is expected
to expand at a CAGR of 6.4% from 2021 to 2028. The growing preference for wines among all age groups instead of hard spirits across the world is expected to be a major factor contributing to the growth of the market. In addition to this, growing party culture with higher demand for low alcoholic beverages is anticipated to fuel the market growth over the forecast period.