The Global Wine Market Size is expected to reach USD 583.77 billion by 2032, at a CAGR of 583.77% during the forecast period 2022 to 2032. An alcoholic beverage called wine is made through the fermentation process. Rice, fruits like cherries, berries, or pomegranates, grapes, and other ingredients are used to make wine. Drinking wine has many health advantages, including boosting bone density, lowering cholesterol, lowering risk of heart disease, and many more.