Fortified Wine Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Fortified Wine Market Report is Segmented by Product Type (Port, Vermouth, and More), Category (Mass and Premium), End User (Men and Women), Distribution Channel (On-Trade and Off-Trade), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Forecasts are Provided in Value (USD).

Fortified Wine Market Size and Share

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Fortified Wine Market Analysis by Mordor Intelligence

The fortified wine market is valued at USD 14.75 billion in 2025 and is expected to grow to USD 17.59 billion by 2030, with a steady annual growth rate of 3.59% (CAGR) during this period. The growing demand for premium fortified wines is driving up average prices, even as traditional drinking habits change. This trend helps producers manage slower sales volumes in older, more established markets. Europe remains the largest market for fortified wines, owing to its strong cultural ties and the familiarity of consumers with these products. Meanwhile, the Asia-Pacific region is experiencing rapid growth due to urbanization, rising incomes, and the increasing influence of Western lifestyles. Innovations such as creative cocktail recipes, environmentally friendly wine production, and digital marketing are helping to create new opportunities for consumption and making brands more appealing to consumers. The market is fragmented, meaning there is significant potential for companies to merge or acquire others. Leading producers from countries like Portugal, Spain, and Italy are using their long-standing traditions, ownership of vineyards, and extensive global distribution networks to maintain their competitive edge and grow their presence in the market.

Key Report Takeaways

  •  By product type, port commanded 39.45% of the fortified wine market share in 2024; Vermouth is projected to advance at a 4.29% CAGR through 2030.
  • By category, the mass segment held 58.53% of revenue in 2024, whereas the premium tier is on track for a 4.52% CAGR to 2030.
  • By end user, women accounted for 57.45% of 2024 consumption, while the male segment is the fastest-growing at 4.86% CAGR to 2030.
  • By distribution channel, off-trade captured 56.25% of sales in 2024; on-trade is recovering fastest at a 3.86% CAGR between 2025 and 2030.
  • By geography, Europe retained 57.64% regional share in 2024; Asia-Pacific is the fastest-growing region at a 5.21% CAGR for the forecast period.

Segment Analysis

By Product Type: Port Leads Heritage Appeal

Port remains the leading product type in 2024, which accounts for 39.45% of the market's total value. This dominance is largely attributed to Portugal’s protected designation of origin system, which ensures consistent quality and fosters consumer trust. Strong trade ties with the United Kingdom have historically supported steady demand. Port is widely available in both retail (off-trade) and hospitality (on-trade) channels, making it accessible to a broad audience. To appeal to premium consumers, producers are focusing on offerings like single-quinta bottlings and age-stated expressions, which emphasize the heritage and craftsmanship of their products. 

Meanwhile, Vermouth is emerging as the fastest-growing segment, with a projected CAGR of 4.29% through 2030. This growth is fueled by Vermouth’s integral role in modern cocktail culture, particularly in major cities like Tokyo, New York, and London, where it has become a key ingredient in high-end bars. Producers are innovating by incorporating local botanicals to create terroir-driven products, which are gaining popularity in premium on-trade venues. The fortified wine industry is experimenting with hybrid styles that combine elements of aperitifs, digestifs, and cocktail ingredients, further expanding its appeal.

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Note: Segment shares of all individual segments available upon report purchase

By Category: Premium Segment Drives Value Growth

In 2024, the mass segment is becoming the leading category in the fortified wine market, with a growth rate of 58.53%. This growth is mainly driven by the increasing demand from cost-conscious consumers who are looking for affordable wine options, especially in developing countries. Companies in the mass-market segment are taking advantage of this trend by offering attractive deals like multipacks, in-store discounts, and ensuring their products are widely available in supermarkets. Although these wines may not have the same level of craftsmanship or storytelling as premium wines, they are crucial for expanding the market and introducing new consumers to fortified wines. 

On the other hand, premium wines are expected to grow at a steady CAGR of 4.52% through 2030. This growth reflects the strong demand for high-quality wines in wealthy urban areas across Asia and North America. Consumers in this segment are increasingly focusing on factors like quality, origin, and sustainability. They prefer wines that are vintage-dated, cask-finished, or have unique characteristics. To meet these preferences, producers are emphasizing features such as organic certifications, vineyard-specific labels, and eco-friendly packaging. Digital tools like virtual wine tastings and QR codes for product traceability are helping brands build trust and loyalty among consumers. 

By End User: Women Lead Current Consumption

In 2024, female consumers made up 57.45% of fortified wine consumption, primarily due to the popularity of sweeter options like Port and Sherry during social events and as dessert pairings. To cater to this preference, brands have introduced smaller bottle sizes and highlighted approachable flavor profiles that pair well with various foods. On the other hand, male consumption is growing at a faster rate, fueled by an increasing interest in mixology and premium cask-strength variants. Educational campaigns aimed at simplifying the category and making it more appealing have further supported this growth, with the male consumer market projected to expand at a 4.86% CAGR through 2030.

Generational trends reveal that younger men are discovering fortified wines through their integration into cocktail culture, while women aged 30-50 are gravitating toward options that emphasize provenance and reduced sugar content. Marketing strategies have evolved to focus on inclusivity, moving away from outdated gender stereotypes. Instead, brands are now highlighting the heritage, versatility, and sustainability of their products. 

Fortified Wine Market: Market Share by End User
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By Distribution Channel: Off-Trade Dominance with On-Trade Recovery

In 2024, off-trade channels led fortified wine sales, contributing 56.25% of the total market share. This dominance is largely due to the continuation of home consumption habits established during lockdowns. Retailers, including specialty wine merchants and national chains, have increased their focus on fortified wine products by dedicating more shelf space and providing educational materials to help consumers make informed choices. E-commerce has also played a significant role in this growth, offering convenience and a broader selection of products. This has allowed smaller producers to reach niche audiences directly, further diversifying the market.

On-trade channels, such as bars and restaurants, are experiencing a steady recovery, with a projected growth rate of 3.86% CAGR. The revival of experiential dining and the return of tourism are key drivers of this growth. Sommeliers are introducing curated tasting experiences, such as flights featuring aged Tawny Port, Amontillado, and artisanal Vermouth, which encourage consumers to explore the category. Additionally, cocktail-focused bars are incorporating fortified wines into low-alcohol-by-volume (ABV) drinks, catering to the growing trend of mindful drinking. Producers are actively collaborating with mixology academies to provide training and resources, ensuring fortified wines gain prominence on menus and are effectively promoted by knowledgeable staff.

Geography Analysis

Europe accounted for 57.64% of the fortified wine market value in 2024, driven by the strong presence of PDO (Protected Designation of Origin) systems in countries like Portugal, Spain, and Italy. These systems ensure product authenticity and help maintain premium price points. Producers in the region are increasingly focusing on sustainability by converting vineyards to organic practices and adopting energy-efficient technologies in their cellars to comply with stricter EU environmental regulations. While household wine consumption in countries like Germany and France has seen slight declines, the region continues to benefit from high-margin sales through duty-free shops and fine dining establishments, supported by a steady influx of tourists.

The Asia-Pacific region is experiencing the fastest growth in the fortified wine market, with a projected CAGR of 5.21% through 2030. In China, the market shows a dual trend: ultra-premium imports are thriving in tier-one cities, while price sensitivity dominates in volume-driven provinces. Japan’s consumers, known for their appreciation of authenticity and tradition, continue to support steady imports of Sherry and Port. Emerging markets like India, South Korea, and Thailand are witnessing rapid growth, driven by rising disposable incomes and the increasing popularity of Western dining habits. 

In North America, the fortified wine market faces challenges with declining volumes but shows resilience in the premium segment. The United States remains a significant market highlighting opportunities for recovery through targeted premium strategies. Recent regulatory changes in Ontario, Canada, allowing wine sales in grocery stores, have expanded retail access and created new opportunities for imported fortified wines. Meanwhile, the growing craft cocktail culture in cities like New York, Chicago, and Los Angeles has increased consumer awareness, with fortified wines like Port and Sherry being featured in innovative cocktails and tasting flights. 

Fortified Wine Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The fortified wine market is highly fragmented. Leading producers from Portugal, Spain, and Italy dominate the market by leveraging their rich heritage, extensive estate holdings, and robust global distribution networks. Companies like Symington Family Estates are adopting modern technologies, such as advanced lagar systems, and focusing on organic vineyard conversions to meet the growing demand for sustainable products. Meanwhile, international spirits companies are streamlining their portfolios, with firms like Pernod Ricard and Constellation Brands divesting lower-margin wine products to concentrate on premium offerings.

Innovation is a key driver of competition in the fortified wine market, spanning both product development and production processes. For instance, new technologies like Pulsed Electric Field (PEF) extraction are being used to enhance color and tannin development, reducing production time for ruby-style wines. Smaller producers are differentiating themselves by restoring traditional casks and offering limited-barrel releases, which appeal to collectors and connoisseurs. Direct-to-consumer subscription clubs are gaining traction, providing steady revenue streams and valuable consumer data. Collaborations with mixologists and chefs are also helping brands create unique experiences, making their products stand out in a crowded retail environment.

Mergers and acquisitions are increasingly focused on expanding geographic reach and optimizing distribution channels. Companies are actively seeking established brands with strong Protected Designation of Origin (PDO) credentials and well-established market access in regions like Asia. Partnerships with technology firms are emerging as a new trend, with blockchain traceability and smart packaging being used to enhance authenticity and engage consumers more effectively. These strategies are helping brands build trust and maintain a competitive edge in the evolving market landscape.

Fortified Wine Industry Leaders

  1. Symington Family Estates

  2. Caffo Group 1915

  3. Kopke Group

  4. González Byass

  5. Justino’s Madeira Wines

  6. *Disclaimer: Major Players sorted in no particular order
Fortified Wine Market Concentration
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Recent Industry Developments

  • April 2025: Tri-Vin Imports launched the brand XXL, a high-alcohol, fruit-flavored fortified wine inspired by Moscato, positioned to appeal to younger and less traditional wine consumers. Initially produced in Moldova before shifting to California and France due to tariff issues, XXL offered 16–21% ABV and came in five distinct fruit flavors.
  • August 2024: Waud Wines, a UK-based company, acquired Handford Wines to strengthen its retail footprint in London and expand its portfolio of fortified wines. This acquisition allows Waud Wines to tap into Handford Wines' established customer base and leverage its reputation in the market.
  • February 2024: Sokol Blosser Winery, based in the United States, introduced its first-ever collection of fortified wines. The launch was strategically carried out through online direct-to-consumer channels, allowing the winery to reach its customers directly and offer a unique addition to its product portfolio.

Table of Contents for Fortified Wine Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Technological Advancement in Terms of Production
    • 4.2.2 Surge in Demand for Premium Wine
    • 4.2.3 Product Diffrentiation in Terms of Raw Material
    • 4.2.4 Strong Demand During Festive Seasons and Social Gatherings
    • 4.2.5 Growing Use in Mixology and Cocktails
    • 4.2.6 Growing Interest in Low-Alcohol and Digestif Drinks
  • 4.3 Market Restraints
    • 4.3.1 Stringent Government Regulations
    • 4.3.2 Rising Consumer Inclination Towards Other Alcoholic Beverages
    • 4.3.3 Short Shelf Life After Opening
    • 4.3.4 Limited Consumer Awareness and Education
  • 4.4 Consumer Behaviour Analysis
  • 4.5 Regulatory Outlook
  • 4.6 Porter's Five Forces Analysis
    • 4.6.1 Bargaining Power of Suppliers
    • 4.6.2 Bargaining Power of Buyers
    • 4.6.3 Threat of New Entrants
    • 4.6.4 Threat of Substitutes
    • 4.6.5 Degree of Competition

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Product Type
    • 5.1.1 Port
    • 5.1.2 Vermouth
    • 5.1.3 Sherry
    • 5.1.4 Others
  • 5.2 By Category
    • 5.2.1 Mass
    • 5.2.2 Premium
  • 5.3 By End User
    • 5.3.1 Men
    • 5.3.2 Women
  • 5.4 By Distribution Channel
    • 5.4.1 On-Trade
    • 5.4.2 Off-Trade
    • 5.4.2.1 Specialty/Liquor Stores
    • 5.4.2.2 Others Off Trade Channels
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.1.4 Rest of North America
    • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 France
    • 5.5.2.3 United Kingdom
    • 5.5.2.4 Spain
    • 5.5.2.5 Netherlands
    • 5.5.2.6 Italy
    • 5.5.2.7 Sweden
    • 5.5.2.8 Norway
    • 5.5.2.9 Russia
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 India
    • 5.5.3.3 Japan
    • 5.5.3.4 Australia
    • 5.5.3.5 South Korea
    • 5.5.3.6 Vietnam
    • 5.5.3.7 Indonesia
    • 5.5.3.8 Rest of Asia-Pacific
    • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Chile
    • 5.5.4.4 Rest of South America
    • 5.5.5 Middle East and Africa
    • 5.5.5.1 United Arab Emirates
    • 5.5.5.2 South Africa
    • 5.5.5.3 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (Includes Global-level Overview, Market-level Overview, Core Segments, Financials, Strategic Info, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 Symington Family Estates
    • 6.4.2 Bacardi Ltd
    • 6.4.3 Caffo Group 1915
    • 6.4.4 E. & J. Gallo Winery
    • 6.4.5 Kopke Group
    • 6.4.6 Taylor's Port
    • 6.4.7 Pernod Ricard SA
    • 6.4.8 Constellation Brands Inc.
    • 6.4.9 Sogrape SGPS SA
    • 6.4.10 Bodegas Alvear
    • 6.4.11 Vinhos Barbeito
    • 6.4.12 Familia Torres
    • 6.4.13 Antica Distilleria Quaglia
    • 6.4.14 Vinbros & Company
    • 6.4.15 Mazuran’s Vineyards Ltd
    • 6.4.16 DGB (Douglas Green Bellingham)
    • 6.4.17 Albina & Hanna
    • 6.4.18 Vitivinicola Lombardo VAT
    • 6.4.19 Niepoort Vinhos SA
    • 6.4.20 Emilio Lustau SA

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

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Global Fortified Wine Market Report Scope

Fortified wine is a type of wine that contains distilled spirits and higher alcohol content than regular wine.

The market for fortified wine is segmented based on product type, distribution, and geography. Based on product type, the market is segmented into port wine, vermouth, sherry, and other product types. By distribution channel, the market is segmented into on-trade and off-trade. Off-trade is sug-segmented into supermarkets and hypermarkets, specialty stores, and other channels. By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East and Africa. For each segment, the report offers market sizes and forecasts in value (USD).

By Product Type Port
Vermouth
Sherry
Others
By Category Mass
Premium
By End User Men
Women
By Distribution Channel On-Trade
Off-Trade Specialty/Liquor Stores
Others Off Trade Channels
By Geography North America United States
Canada
Mexico
Rest of North America
Europe Germany
France
United Kingdom
Spain
Netherlands
Italy
Sweden
Norway
Russia
Asia-Pacific China
India
Japan
Australia
South Korea
Vietnam
Indonesia
Rest of Asia-Pacific
South America Brazil
Argentina
Chile
Rest of South America
Middle East and Africa United Arab Emirates
South Africa
Rest of Middle East and Africa
By Product Type
Port
Vermouth
Sherry
Others
By Category
Mass
Premium
By End User
Men
Women
By Distribution Channel
On-Trade
Off-Trade Specialty/Liquor Stores
Others Off Trade Channels
By Geography
North America United States
Canada
Mexico
Rest of North America
Europe Germany
France
United Kingdom
Spain
Netherlands
Italy
Sweden
Norway
Russia
Asia-Pacific China
India
Japan
Australia
South Korea
Vietnam
Indonesia
Rest of Asia-Pacific
South America Brazil
Argentina
Chile
Rest of South America
Middle East and Africa United Arab Emirates
South Africa
Rest of Middle East and Africa
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Key Questions Answered in the Report

What is the current size of the fortified wine market?

The fortified wine market is valued at USD 14.75 billion in 2025 and is projected to reach USD 17.59 billion by 2030.

Which product type holds the largest fortified wine market share?

Port leads with 39.45% share in 2024, underpinned by its protected designation of origin status and strong global recognition.

Why is Asia-Pacific the fastest-growing region?

Urbanization, income growth, and Western lifestyle adoption are propelling a 5.21% CAGR in Asia-Pacific through 2030, especially in China, Japan, India, and South Korea.

How is mixology influencing fortified wine demand?

Cocktail culture is boosting Vermouth and Sherry usage in urban bars, introducing fortified wines to younger consumers and expanding consumption occasions.

Page last updated on: July 8, 2025

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