Grapes Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 284.10 Billion |
| Market Size (2029) | USD 327.70 Billion |
| CAGR (2024 - 2029) | 2.90 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Grapes Market Analysis
The Grapes Market size is estimated at USD 284.10 billion in 2024, and is expected to reach USD 327.70 billion by 2029, growing at a CAGR of 2.9% during the forecast period (2024-2029).
- Grapes are a significant fruit crop, and table grapes, consumed fresh, are among the major types of grapes grown globally, as they are good sources of vitamins, minerals, and antioxidants. They are also relatively easy to transport and store. For instance, according to the Wine Industry Advisor, the global table grapes production grew by 3%, reaching 31.5 million metric tons in 2022 compared to 2021. Around 40% of table grapes are produced in China, followed by India, Turkey, Egypt, and Iran. This increase in production reflects the increasing demand for table grapes in the market.
- Moreover, grapes are consumed by processing them into various forms, such as dried grapes(raisins), wine, jams, and jellies. Countries like China and India have a burgeoning middle class with rising disposable income and prefer dried grapes in their diet as they can be stored for a longer time in comparison to fresh grapes. For instance, according to the Wine Industry Advisor, in 2022, the worldwide production of dried grapes amounted to 1.4 million tonnes, representing a 7% growth compared to the preceding year. The bulk of dried grape production is centered in Asia and the Americas, contributing to over 90% of the world's output.
- The major exporters of grapes in the international market include Chile, China, Italy, and Peru. In 2022, the top three grape-importing countries, the United States, Germany, and the Netherlands, imported around 33% of the grapes traded globally. Most countries in Europe import table grapes, while countries like Italy have huge acreage under vineyards for the production of wine. Most of the world's finest-quality wines are produced in European countries. This increase in export demand is anticipated to boost the growth of the grapes market.
Grapes Market Trends
Increase in Wine Consumption is Driving the Market
The growth of the global wine industry is a significant driver of the grapes market. The United States, Italy, China, and France are leading markets for wine, which in turn increases the demand for grapes.
In Europe, the wine industry boasts significant demand and potential. Italy, a venerable wine-producing nation, possesses extensive experience and a rich diversity of over 2,000 grape varieties and vintages, yielding some of the world’s finest wines. Meanwhile, France cultivates around 400 grape varieties, with approximately 100 being widely grown. Growers are now exploring forgotten varieties to adapt to climate change. Despite fragmentation in products, pricing, and consumption patterns, Italian and French wine supply chains have demonstrated profitability and performance in domestic and international markets. This competitive industry fosters tourism, value addition, and a commitment to producing top-quality wines for a growing customer base.
Additionally, the majority of the imported grapes in North America are used for manufacturing wines. There are many different grape varieties, each with unique characteristics in form, growth, suitability for different climates and regions, and winemaking features. Some of the varieties typically used for wines are Chardonnay, Sauvignon Blanc, Riesling, Muscat, Malbec, and Pinot Noir.
North America is Expected to Dominate the Market
Mexico, as the primary grape supplier in North America, exports most of its production to the United States and Canada. These imported grapes are essential for wine production, with distinct characteristics based on shape, growth patterns, suitability for different climates and regions, and winemaking attributes. Common grape varieties used in winemaking include Chardonnay, Sauvignon Blanc, Riesling, Muscat, Malbec, and Pinot Noir.
In the global market, the United States is the largest grape importer. The primary grape-supplying countries to the United States include Chile, Mexico, and Peru, which account for almost 99% of American grape imports. Meanwhile, in Canada, where domestic grape production is limited, fresh table grapes are predominantly imported from the United States, Mexico, and Chile. Canada’s robust winemaking industry, boasting over 670 wineries, significantly contributes to the country’s economy by producing high-quality wines.
Furthermore, the wine market is expanding in the United States, with domestic demand surpassing wine production. While all 50 states contribute to wine production, California and Washington play a pivotal role by producing the majority of the country states benefit from favorable grape-growing conditions, including higher-altitude continental climates and coastal areas shrouded in fog, which are expected to drive the market's growth.
Grapes Market News
- November 2022: Cornell University in the United States rolled out its PhytoPathol Boots (PPB), which was deployed to four grape breeding programs across the United States. These autonomous robots were rolled through vineyards, using computer vision to gather data on the physiological state of each grapevine, allowing breeders and growers to evaluate their vineyards leaf by leaf, in real-time, down to the chemical level.
- March 2022: Two newly released grape varieties, Sugrafiftytwo, an ultra-early ripening green seedless grape variety with a sweet Muscat flavor and firm, crisp texture, and Sugrasixty, a midseason ripening red variety with large berries and a tropical aroma with overtones of mango, were developed collaboratively between Cornell AgriTech and Sun World International, a global fruit genetics and licensing company.
Grape Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increase in Wine Consumption is Driving the Market
4.2.2 Rising Awareness about Health Benefits of Grapes
4.2.3 Increasing Export-oriented Viticulture is Boosting Grapes Production
4.3 Market Restraints
4.3.1 Major Pest and Disease Outbreaks in Grapes
4.3.2 Rising Quality and Trade Issues
4.4 Value Chain/Supply Chain Analysis
5. MARKET SEGMENTATION
5.1 Geography (Production Analysis by Volume, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis)
5.1.1 North America
5.1.1.1 United States
5.1.1.2 Canada
5.1.1.3 Mexico
5.1.1.4 Rest of North America
5.1.2 Europe
5.1.2.1 Germany
5.1.2.2 United Kingdom
5.1.2.3 France
5.1.2.4 Italy
5.1.2.5 Rest of Europe
5.1.3 Asia-Pacific
5.1.3.1 China
5.1.3.2 India
5.1.3.3 Australia
5.1.3.4 Japan
5.1.3.5 Rest of Asia-Pacific
5.1.4 South America
5.1.4.1 Brazil
5.1.4.2 Argentina
5.1.4.3 Chile
5.1.4.4 Peru
5.1.4.5 Rest of South America
5.1.5 Africa
5.1.5.1 South Africa
5.1.5.2 Egypt
5.1.5.3 Rest of Africa
6. MARKET OPPORTUNITIES AND FUTURE TRENDS
Grapes Industry Segmentation
Grapes are either consumed fresh as table grapes or processed into different forms, such as wine, raisins (dried grapes), jams, jellies, and juices. For this report, the market is limited to freshly traded grapes used for tables or processing purposes. The grape market is segmented by geography (North America, Europe, Asia-Pacific, South America, and Africa). A detailed analysis of the production (volume), consumption (value and volume), imports (value and volume), and exports (value and volume), along with pricing and value chain analysis, has been provided in the report. The report provides market size and forecasts for all of the above segments in terms of volume (metric tons) and value (USD).
| Geography (Production Analysis by Volume, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis) | |||||||
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Grape Market Research FAQs
How big is the Grapes Market?
The Grapes Market size is expected to reach USD 284.10 billion in 2024 and grow at a CAGR of 2.9% to reach USD 327.70 billion by 2029.
What is the current Grapes Market size?
In 2024, the Grapes Market size is expected to reach USD 284.10 billion.
Which is the fastest growing region in Grapes Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Grapes Market?
In 2024, the North America accounts for the largest market share in Grapes Market.
What years does this Grapes Market cover, and what was the market size in 2023?
In 2023, the Grapes Market size was estimated at USD 275.86 billion. The report covers the Grapes Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Grapes Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Grapes Industry Report
The Grapes Market Report provides a comprehensive industry analysis segmented by geography, including North America, Europe, Asia-Pacific, South America, and Africa. The report includes detailed industry information on production volume, consumption value and volume, imports and exports value and volume, along with pricing and value chain analysis. The industry outlook offers insights into the market size and forecasts in terms of volume and value for all the segments mentioned.
This industry research covers the growth rate of the grapes market, offering a market overview and market predictions up to the forecast period. The industry reports give a historical overview and market review, highlighting industry trends and market growth. The report pdf is available for download and serves as a report example for those interested in the market segmentation and market value.
Market leaders are identified through comprehensive market data and market statistics, providing insights into market forecast and market outlook. The industry size and industry sales are analyzed, giving a clear picture of the market dynamics. The report also includes industry statistics and market segmentation, ensuring a thorough understanding of the market trends and market value.
Research companies can benefit from this detailed market report, which includes industry profile and market predictions. The report pdf is an essential tool for anyone looking to understand the grapes market, providing valuable industry information and market review. The industry analysis and market forecast offer a detailed perspective on the market growth and market leaders, making it a crucial resource for industry stakeholders.
