South America Wine Market Share

Statistics for the 2023 & 2024 South America Wine market share, created by Mordor Intelligence™ Industry Reports. South America Wine share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of South America Wine Industry

The South American wine market is a highly competitive market due to many global and domestic companies operating in the region. The Wine Group, Vina Concha Y Toro, Fecovita Co-op, Grupo Penaflor, and Bacardi Limited are the market's leading companies. Due to their wide range of wine prices, these companies have a significant market share. A strong brand foundation is also greatly influenced by taste, type, and price. Due to their great brand awareness, well-known players are expanding their geographic reach, while other competitors are looking for mergers, acquisitions, and partnerships to take over regional market shares. For instance, in March 2021, Grupo Penaflor acquired Patritti winery, one of the major wineries in San Patricio del Chanar, Neuquen, Argentina. The Patritti winery, which produces wine on 110 hectares, has been added to the Grupo Penaflor portfolio along with Trapiche, Finca Las Moras, El Esteco, Mascota Vineyards, and Navarro Correas.

South America Wine Market Leaders

  1. The Wine Group

  2. Vina Concha Y Toro

  3. Fecovita Co-op.

  4. Grupo Penaflor

  5. Bacardi Limited

*Disclaimer: Major Players sorted in no particular order

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South America Wine Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)