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Wine Market

Wine Market - By Type (White Wine, Red Wine, Rose Wine, Dessert or Sweet Wine, Sparkling Wine, Others), By Distribution Channel (Specialty Store, Supermarket and Hypermarket, Convenience Stores, Online Channels, Others) & Global Region - Market Size, Tren

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  • Status : Ongoing
  • Published on: Feb 2021
  • Report ID: KDMI-131
  • Available Format: PDF/Execel/DOC
  • Delivery Time: 24-48 hrs

Wine is an alcoholic drink, obtained from the total or partial alcoholic fermentation of fresh grapes. This wine product obtained from the fermentation of grape juice, typically containing about 10 to 15 percent alcohol. Wines are mainly categorized into three types: still wines, sparkling wines, and fortified wines. Wine has a nearly 5,000 years old history and is being consumed in almost every part of the world. Wine has a been a symbol of tradition, status, and luxury and its demand are rapidly growing as the consumer’s lifestyle is improving.

Market Drivers & Restraints

The wine’s recognition is increasing at a surprising rate, with improving the lifestyle of the middle-class population and growing per capita income of consumers in emerging economies, wine consumption is also rising. Wine has been a product of affluent class population only, but in recent years, swelled number of vineyards across the globe and popularity of domestic wine brands have attracted a major part of the common population across the globe.  Rising per capita income is a major factor which is encouraging the growth of the global wine market. Consumers with higher spending power are increasingly spending on alcoholic beverages especially in developed countries.

There is also a rise in demand for premium wines across the globe. Wealthy people are willingly spending more on premium products such as luxury goods, luxury beverages, and others. Still, the medium-cost wines are the most attractive segment in wines market. As the popularity of wines is growing among the middle-class population, the consumption of medium-cost wine has grown strongly.  Changing taste and new preferences among consumers, along with increasing demand for new and exotic flavors, such as sparkling wine and other tropical fruit wine are expected to fuel the growth of the wine market.

However, high preference of millennials towards beer, and spirits have been observed which have adversely affected the growth of the world wine market. Also, consumer inclination towards substitutes is another restraint of the global wine market.

Segmentation

The research offers a comprehensive analysis of Wine Market with respect to following sub-markets:

By Type

- White Wine
- Red Wine
- Rose Wine
- Dessert or Sweet Wine
- Sparkling Wine
- Others

By Distribution Channel

- Specialty Store
- Supermarket and Hypermarket
- Convenience Stores
- Online Channels
- Others

By Geography

North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Competitive Landscape

The report profiles various major market players such as:

- Constellations Brand
- E & J Gallo Winery
- Torres
- Treasury Wine Estates
- Vina Conch y Toro
- Distell Group
- Global Drinks Finland
- International Beverage Holdings
- John Distilleries
- Soyuz Victan and SPI Group
- Accolade Wines
- Other Major & Niche Key Players

Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development expansion and other market activities.

The study also provides company’s positioning and market share in Wine Market.

Timeline Considered for Analysis:

- 2019: Base Year

- 2020: Estimated Year

- 2020 to 2025: Forecasted Year

Research Scope and Deliverables

- Overview & Executive Summary
- Market Drivers, Trends, Challenges and Opportunities
- Market Size and Forecast Projections
- Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
- Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
- Porter’s Five Force Analysis

Market Segmentation Analysis:

Industry report analyzes the global wine market by the following segments:

- Type
- Distribution Channel

Geographic Market Analysis:

The report offers separate analysis of North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In addition, further breakdown of market data and analysis of region into countries is covered in the report.

Customization: We also offers customization’s in the industry report as per the company’s specific needs.

Key Questions Answered in the Global Wine Industry Report;

- What is the overall market size in 2019? What will be the market growth during the forecast period i.e. 2020-2025?
- Which region would have high demand for product in the upcoming years?
- What are the factors driving the growth of the market?
- Which sub-market will make the most significant contribution to the market?
- What are the market opportunities for existing and entry-level players?
- What are various long-term and short-term strategies adopted by the market players?


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