South Korea Dry Wine Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Red Wine, White Wine, Rose Wine, Sparkling Wine, and Others), By Price Range (Economy, Mid-Range, and Premium), and South Korea Dry Wine Market Insights, Industry Trend, Forecasts To 2035

South Korea Dry Wine Market Insights Forecasts to 2035

• The South Korea Dry Wine Market size is Expected to Grow at a CAGR of around 4.6% from 2025 to 2035
• The South Korea Dry Wine Market size is expected to hold a significant Share by 2035

According to a Research Report Published by Spherical Insights & Consulting, the South Korea Dry Wine Market Size is Anticipated to Grow at a CAGR of 4.6% from 2025 to 2035. The market is driven by growing interest in health-conscious alcohol choices and the rising popularity of wine with meals and social occasions. Increased availability through online platforms and expanding mid-range options are further boosting consumption.

Market Overview

South Korea's dry wine market is being transformed extremely fast with changing consumer demand towards high-end, health-focused alcoholic drinks. Previously dominated by beer and soju, the market is seeing a phenomenal surge in demand for sparkling, rosé, white, and dry red wines among youth and urban clientele. Pursued by international wine culture, sophisticated food fashions, and exposure via the internet, wine is now a synonym for contemporary lifestyle and prestige. Growing visibility of imported brands, enhanced educational standards, and access via online and convenience channels have made dry wine more available than ever before. Moreover, local wineries are also drawing attention with official support and tourism. While remaining preponderant, red wine is becoming directly challenged by white and sparkling wines. Mid-range and high-end growth is also a picture of changing consumption patterns with buyers seeking quality, food-friendliness, and diversity. The market as a whole is poised for stable growth by product and price segment.

Report Coverage

This research report categorizes the market for the South Korea dry wine market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea dry wine market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea dry wine market.

Driving Factors

South Korea dry wine market is driven by growing consumers' demand for health-oriented consumption, greater exposure to international wine culture, and growing levels of sophistication among gourmet food and wine matching. Young consumers are forsaking conventional liquor for wine because it has less sugar content and sophistication. Adding more channels for online sales, wine education courses, and access to broad selections of imported and domestic brands are adding still more demand throughout urban markets and various income levels.

Restraining Factors

South Korea dry wine market is spurred by growing consumers' demand for health-oriented consumption, greater exposure to international wine culture, and growing levels of sophistication among gourmet food and wine matching. Young consumers are forsaking conventional liquor for wine because it has less sugar content and sophistication. Adding more channels for online sales, wine education courses, and access to broad selections of imported and domestic brands are adding still more demand throughout urban markets and various income levels.

Market Segmentation

The South Korea Dry Wine Market share is classified into product type and price range.

• The red wine segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea Dry Wine Market is segmented by product type into red wine, white wine, rose wine, sparkling wine, and others. Among these, the red wine segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. Red wine is widely in demand in South Korea due to its compatibility with frequently consumed food such as Korean BBQ. Red wine is also considered a healthier form of alcohol since it contains less sugar and is full of natural antioxidants. Red wine is typically consumed during dinners, parties, and celebrations. Red wine's strong flavour and wide availability in restaurants and supermarkets explain why red wine is a popular beverage among alcoholic beverage consumers of all ages.

• The mid-range segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea dry wine market is segmented by price range into economy, mid-range, and premium. Among these, the mid-range segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Mid-range wines are popular due to their reasonable price at a decent quality. They are appealing to workers, youth, and ideal for regular drinking, dining table, or as a gift. They are readily available at supermarkets, online retailers, and wine stores. Customers pay extra for a higher taste and good brand, so the segment keeps increasing.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea dry wine market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• E&J Gallo Winery
• Constellation
• Castel
• The Wine Group
• Accolade Wines
• Concha y Toro
• Treasury Wine Estates (TWE)
• Trinchero Family
• Pernod-Ricard
• Diageo
• E&J Gallo Winery
• Changyu Group
• Kendall-Jackson Vineyard Estates
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea dry wine market based on the below-mentioned segments:

South Korea Dry Wine Market, By Product Type

• Red Wine
• White Wine
• Rosé Wine
• Sparkling Wine
• Others

South Korea Dry Wine Market, By Price Range

• Economy
• Mid-Range
• Premium