The Colombia wine market size reached approximately USD 197.20 Million in 2024. The market is projected to grow at a CAGR of 4.20% between 2025 and 2034, reaching a value of around USD 297.57 Million by 2034.
The Colombia wine market growth is influenced by various factors, such as the implementation of sustainable and environmentally friendly production techniques, exceptional wine production, and the introduction of diverse grape varieties. Additionally, the rising trend of wine consumption during social gatherings also plays a significant role in driving the market.
The presence of numerous distribution channels in Colombia has greatly benefited the wine market in the country. This has made it convenient for the population to access their favourite alcoholic beverages, including top-quality Colombian wines, which are readily available in hotels, supermarkets, and restaurants. The availability of different wine varieties in high-end restaurants has also played a role in expanding the market. Additionally, the emergence of online wine retailers, such as 1000 Corks, gotoLiquorStore, and Wine to Ship is also leading to the Colombia wine market expansion.
The increasing interest from both residents and tourists from around the world in experiencing the distinct and authentic tastes of Colombian wine is playing a significant role in the market expansion. Exploring the stunning vineyards of the country is a popular choice for numerous visitors. For instance, the Ain Karim vineyard, situated close to Villa de Leyva, which is renowned as one of Colombia's most charming towns, is a prime attraction.
Market Segmentation
Colombia Wine Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
Still Wine
Sparkling Wine
Fortified Wine and Vermouth
Others
Market Breakup by Colour
Red Wine
White Wine
Others
Market Breakup by Distribution Channel
On-Trade
Off-Trade
Competitive Landscape
Market stakeholders are placing a greater emphasis on producing unique and premium wines, such as sparkling and organic varieties. Moreover, industry leaders are concentrating on implementing sustainable manufacturing practices to appeal to environmentally conscious consumers.
Bacardi & Company Limited
Vinal Colombia SAS
Casa Grajales SA
Viñedo Umaña Dajud
VINCORTE SA
PDC Vinos Y Licores SAS
Others
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Latin America Wine Market Overview
- 5.1 Key Industry Highlights
- 5.2 Latin America Wine Historical Market (2018-2024)
- 5.3 Latin America Wine Market Forecast (2025-2034)
- 5.4 Latin America Wine Market Share by Country
- 5.4.1 Brazil
- 5.4.2 Mexico
- 5.4.3 Argentina
- 5.4.4 Colombia
- 5.4.5 Others
- 6 Colombia Wine Market Overview
- 6.1 Key Industry Highlights
- 6.2 Colombia Wine Historical Market (2018-2024)
- 6.3 Colombia Wine Market Forecast (2025-2034)
- 7 Colombia Wine Market by Product Type
- 7.1 Still Wine
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Sparkling Wine
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Fortified Wine and Vermouth
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Others
- 8 Colombia Wine Market by Colour
- 8.1 Red Wine
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 White Wine
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Others
- 9 Colombia Wine Market by Distribution Channel
- 9.1 On-Trade
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Off-Trade
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 10 Market Dynamics
- 10.1 SWOT Analysis
- 10.1.1 Strengths
- 10.1.2 Weaknesses
- 10.1.3 Opportunities
- 10.1.4 Threats
- 10.2 Porter’s Five Forces Analysis
- 10.2.1 Supplier’s Power
- 10.2.2 Buyers Powers
- 10.2.3 Threat of New Entrants
- 10.2.4 Degree of Rivalry
- 10.2.5 Threat of Substitutes
- 10.3 Key Indicators for Demand
- 10.4 Key Indicators for Price
- 11 Trade Data Analysis (HS Code:224)
- 11.1 Major Importing Countries
- 11.1.1 By Volume
- 11.1.2 By Value
- 11.2 Major Exporting Countries
- 11.2.1 By Volume
- 11.2.2 By Value
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 Bacardi & Company Limited
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 Vinal Colombia SAS
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 Casa Grajales SA
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 Viñedo Umaña Dajud
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 VINCORTE SA
- 12.5.5.1 Company Overview
- 12.5.5.2 Product Portfolio
- 12.5.5.3 Demographic Reach and Achievements
- 12.5.5.4 Certifications
- 12.5.6 PDC Vinos Y Licores SAS
- 12.5.6.1 Company Overview
- 12.5.6.2 Product Portfolio
- 12.5.6.3 Demographic Reach and Achievements
- 12.5.6.4 Certifications
- 12.5.7 Others
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