| Product Code: ETC5224243 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Belgium continued to see significant import shipments of fortified wines, with the Netherlands, Germany, Spain, Italy, and Nigeria emerging as the top exporting countries. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). Despite a modest compound annual growth rate (CAGR) of 0.51% from 2020 to 2024, the sector experienced a notable decline in growth rate in 2024 at -51.12%. This fluctuation may reflect shifting consumer preferences or external factors impacting the market dynamics. Stakeholders should closely monitor these trends for strategic decision-making.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Fortified Wines Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Fortified Wines Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Fortified Wines Market - Industry Life Cycle |
3.4 Belgium Fortified Wines Market - Porter's Five Forces |
3.5 Belgium Fortified Wines Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Belgium Fortified Wines Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Belgium Fortified Wines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer interest in unique and premium alcoholic beverages |
4.2.2 Growing popularity of wine tourism in Belgium |
4.2.3 Rising demand for fortified wines in the gastronomy sector |
4.3 Market Restraints |
4.3.1 Stringent regulations on alcohol marketing and distribution |
4.3.2 Competition from other alcoholic beverages like beer and spirits |
4.3.3 Economic instability affecting consumer spending on luxury products |
5 Belgium Fortified Wines Market Trends |
6 Belgium Fortified Wines Market Segmentations |
6.1 Belgium Fortified Wines Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Belgium Fortified Wines Market Revenues & Volume, By Port, Sherry, 2021-2031F |
6.1.3 Belgium Fortified Wines Market Revenues & Volume, By Marsala, 2021-2031F |
6.1.4 Belgium Fortified Wines Market Revenues & Volume, By Madeira, 2021-2031F |
6.1.5 Belgium Fortified Wines Market Revenues & Volume, By Commandaria, 2021-2031F |
6.1.6 Belgium Fortified Wines Market Revenues & Volume, By Vermouth, 2021-2031F |
6.1.7 Belgium Fortified Wines Market Revenues & Volume, By Others, 2021-2031F |
6.2 Belgium Fortified Wines Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Belgium Fortified Wines Market Revenues & Volume, By On-Trade, 2021-2031F |
6.2.3 Belgium Fortified Wines Market Revenues & Volume, By Off-Trade, 2021-2031F |
7 Belgium Fortified Wines Market Import-Export Trade Statistics |
7.1 Belgium Fortified Wines Market Export to Major Countries |
7.2 Belgium Fortified Wines Market Imports from Major Countries |
8 Belgium Fortified Wines Market Key Performance Indicators |
8.1 Number of vineyard tours and wine tastings in Belgium |
8.2 Number of Michelin-starred restaurants featuring Belgian fortified wines on their menus |
8.3 Participation rate in wine festivals and events in Belgium |
9 Belgium Fortified Wines Market - Opportunity Assessment |
9.1 Belgium Fortified Wines Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Belgium Fortified Wines Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Belgium Fortified Wines Market - Competitive Landscape |
10.1 Belgium Fortified Wines Market Revenue Share, By Companies, 2024 |
10.2 Belgium Fortified Wines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |