15 Best Wines Under $250

In This Article:

In this article, we are going to discuss the 15 best wines under $250. You can skip our detailed analysis of the global wine market, the trends of global wine consumption, sustainable winemaking in the United States, and long-term prospects of sustainable viniculture, and go directly to 5 Best Wines Under $250

Wine culture is almost as old as civilization itself, with the drink always enjoying significant spiritual importance in human history. In Greek mythology, Dionysus was the wandering god who discovered the vine and taught men the art of vinification. Wine was the staple around which Greek philosophy, art, poetry, religion, music, and political life revolved. The ancient Egyptians also reserved wine for religious rituals, believing the 'spirit' brought one into communion with the gods. It was also offered to the dead for their afterlife and the deceased would often have five different types of wine in their burial chambers – even Tutankhamun was buried with fine white wines. In the same way, on the other side of the world, the Chinese revered Yidi, the god of wine and alcohol, who created the beverage as a gift to the emperor. 

As it stands, the religious significance of the fermented tipple didn’t perish along with the ancients, but it is still an important symbol in Christian tradition today. Wine is a constant in Christianity – it is said to be a gift of God to humanity, it’s in the Last Supper, it symbolizes Christ’s blood, and it is used in modern rituals. 

Global Wine Market:

Wine is one of the Most Consumed Alcohols in the World. As we mentioned in our article – Top 20 Wine Producing Countries in the World –  the global wine market was valued at $441.6 billion in 2022 and is projected to reach $698.54 billion by 2030, with a CAGR of 5.9% during the forecast period. 

Wine is gaining huge popularity among millennials and youngsters, owing to its refreshing appeal and low ABV offerings. The rising demand for premium and luxury wines, increasing consumer awareness about the health benefits of wine, and growing popularity of wine tourism are some of the key factors driving the growth of the wine market.

Trends of Global Wine Consumption:

The global wine consumption in 2022 was estimated to be at 232 million hectoliters, marking a decrease of 1% compared to the previous year. Since 2018, wine consumption around the world has decreased at a regular rate. This negative trend can be mainly attributed to the decline in China’s consumption, which has lost an average 2 million hectoliters per year since 2018. The drop was further accentuated in 2020 by the Covid-19 pandemic, which negatively affected many large wine markets.