Wine Market - Global Industry Analysis

Wine Market - by Color (Red Wine, Rose Wine, White Wine, and Others), By Product Type (Still Wine, Dessert Wine, Fortified Wine, and Sparkling Wine), and By Distribution Channel (Supermarket & Hypermarket, Online Channel, Specialty Stores, and Convenience Stores): Global Industry Perspective, Comprehensive Analysis and Forecast, 2021 - 2028

Published Date: 18-Oct-2021 Category: Food & Beverage Report Format : PDF Pages: 110 Report Code: ZMR-2749 Status : Published

According to the report, global wine market was valued at approximately USD 430.99 billion in 2021 and is expected to generate revenue of around USD 680.99 billion by the end of 2028, growing at a CAGR of around 6.2% between 2021 and 2028.

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Description

The global Wine market, which is estimated at USD 430.99 billion in 2021 and is predicted to accrue earnings worth USD 680.99 billion by the end of 2028, is set to record a CAGR of nearly 6.2% over 2020-2026. The report offers valuation and analysis of Wine market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2019 along with a forecast from 2020 to 2028 based on value (USD Billion).

Introduction

Wine is an alcoholic drink extracted from grapes without adding any kind of sugars, enzymes, water, and nutrients. Myriad kinds of yeasts & grapes manufacture various wine types. The wine variations occur due to complex interaction between biochemical grape developments. Reportedly, grapes that are most fit for producing wine are harvested in the range of 300 to 500 latitude across Northern as well as Southern hemispheres. Wines are also manufactured from cherry, pomegranate, elderberry, and plum.

Market Growth Dynamics

Moderate wine consumption enhances the lipoprotein metabolism along with keeping the heart healthy. Apart from this, experiential studies have revealed that presence of polyphenols in red wine and its ability to destroy free radicals in the human body will aid in prevention of heart problems in both adult & geriatric population. All these aspects will steer the market expansion over the forecasting timeline. In addition to this, consumption of red wine enhances glucose metabolism & improves endothelial functioning and reduces inflammation along with controlling functions of blood lipids.

Global Wine Market

Furthermore, rapidly changing lifestyles and increase in the disposable income will peak up the market growth over the forthcoming years. Apart from this, massive preference for exotic wine flavors like tropical fruit wine and Riesling wine will promote the expansion of wine industry in the coming years. Nevertheless, introduction of strict laws by government authorities on wine sale as well as high taxes on wine import will create hurdles in the growth of the wine industry in the years to come.

Asia Pacific Zone To Account Majorly Towards Market Revenue By 2028

The growth of the business in the region over the period from 2020 to 2026 can be credited to rise in the presence of retail wine stores in the countries like India and China along with thriving online purchase of the product. Apart from this, large intake of wine during festivals along with huge discounts & offers during Christmas will prompt the business expansion in the sub-continent over the assessment timeline. In addition to this, loyalty coupons or promo codes offered by various firms like Bacardi and other reputed wine producers to attract new customers & retain existing ones in the Asian countries will contribute majorly towards the industry revenue of the region over the forecast timespan. Apart from this, a sky-rocketing popularity of premium wines will add to the thriving wine business of the region in the years ahead.

Key participants influencing the business growth are International Beverage Holdings, Accolade Wines, Constellations Brand, Soyuz Victan and SPI Group, E & J Gallo Winery, Torres, Global Drinks Finland, Treasury Wine Estates, John Distilleries, Vina Conch y Toro, Distell Group, and The Wine Group.

Report Scope:

Report Attribute	Details
Base Year	2020
Historic Years	2016 - 2020
Forecast Years	2021 - 2028
Segments Covered	By Product Type, By Application, and By End Use
Forecast Units	Value (USD Billion), and Volume (Units)
Quantitative Units	Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered	North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered	U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered	10 companies with scope for including additional 15 companies upon request
Report Coverage	Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope	Avail customized purchase options to meet your exact research needs.

This report segments the global wine market as follows:

Global Wine Market: Colour Segment Analysis

Red Wine
Rose Wine
White Wine
Others

Global Wine Market: Product Type Segment Analysis

Still Wine
Sparkling Wine
Dessert Wine
Fortified Wine

Global Wine Market: Distribution Channel Segment Analysis

Supermarket and Hypermarket
Specialty Stores
Convenience Stores
Online Channels
Others

By Region

North America
- The U.S.
- Canada
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa

Table Of Content

Chapter 1. Introduction
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodulogy
  - 1.3.1. Market Research Process
  - 1.3.2. Market Research Methodulogy
Chapter 2. Executive Summary
- 2.1. Global Wine Market, 2021 - 2028 (USD Billion)
- 2.2. Global Wine Market: Snapshot
Chapter 3. Wine Market- Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
  - 3.2.1. Global Wine Market Drivers: Impact Analysis
  - 3.2.2. Growing Wine Consumption in Developing Countries
  - 3.2.3. Changing Consumption Habits of Wine
- 3.3. Market Restraints
  - 3.3.1. Global Wine Market Restraints: Impact Analysis
  - 3.3.2. High Taxation in Wine Business and Trade
- 3.4. Opportunities
  - 3.4.1. Innovative Products with Flavored Wine
- 3.5. Porter's Five Forces Analysis
  - 3.5.1. Bargaining Power of Suppliers
  - 3.5.2. Bargaining Power of Buyers
  - 3.5.3. The threat from New Entrants
  - 3.5.4. The threat from New Substitutes
  - 3.5.5. Degree of Competition
- 3.6. Market Attractiveness Analysis
  - 3.6.1. Market Attractiveness Analysis, by Culour Segment
  - 3.6.2. Market Attractiveness Analysis, by Product Type Segment
  - 3.6.3. Market Attractiveness Analysis, by Distribution Channel Segment
  - 3.6.4. Market Attractiveness Analysis, by Regional Segment
Chapter 4. Global Wine Market- Competitive Landscape
- 4.1. Company Market Share Analysis
  - 4.1.1. Global Wine Market: Company Market Share, 2021
- 4.2. Strategic Development
  - 4.2.1. Acquisitions & Mergers
  - 4.2.2. New Product Launch
  - 4.2.3. Agreements, Partnerships, Cullaborations and Joint Ventures
  - 4.2.4. Research and Development and Regional Expansion
- 4.3. Price Trend Analysis
Chapter 5. Global Wine Market- Culour Segment Analysis
- 5.1. Global Wine Market: Culour Overview
  - 5.1.1. Global Wine Market Revenue Share, by Culour, 2021 and 2028
- 5.2. Red Wine
  - 5.2.1. Global Wine Market for Red Wine, 2021 - 2028 (USD Billion)
- 5.3. Rose Wine
  - 5.3.1. Global Wine Market for Rose Wine, 2021 - 2028 (USD Billion)
- 5.4. White Wine
  - 5.4.1. Global Wine Market for White Wine, 2021 - 2028 (USD Billion)
- 5.5. Others
  - 5.5.1. Global Wine Market for Others, 2021 - 2028 (USD Billion)
Chapter 6. Global Wine Market- Product Type Segment Analysis
- 6.1. Global Wine Market: Product Type Overview
  - 6.1.1. Global Wine Market Revenue Share, by Product Type, 2021 and 2028
- 6.2. Still Wine
  - 6.2.1. Global Wine Market for Still Wine, 2021 - 2028 (USD Billion)
- 6.3. Sparkling Wine
  - 6.3.1. Global Wine Market for Sparkling Wine, 2021 - 2028 (USD Billion)
- 6.4. Dessert Wine
  - 6.4.1. Global Wine Market for Dessert Wine, 2021 - 2028 (USD Billion)
- 6.5. Fortified Wine
  - 6.5.1. Global Wine Market for Fortified Wine, 2021 - 2028 (USD Billion)
Chapter 7. Global Wine Market- Distribution Channel Segment Analysis
- 7.1. Global Wine Market: Distribution Channel Overview
  - 7.1.1. Global Wine Market Revenue Share, by Distribution Channel, 2021 and 2028
- 7.2. Supermarket and Hypermarket
  - 7.2.1. Global Wine Market for Supermarket and Hypermarket, 2021 - 2028 (USD Billion)
- 7.3. Specialty Stores
  - 7.3.1. Global Wine Market for Specialty Stores, 2021 - 2028 (USD Billion)
- 7.4. Convenience Store
  - 7.4.1. Global Wine Market for Convenience Stores, 2021 - 2028 (USD Billion)
- 7.5. Online Channel
  - 7.5.1. Global Wine Market for Online Channel, 2021 - 2028 (USD Billion)
- 7.6. Others
  - 7.6.1. Global Wine Market for Other Channels, 2021 - 2028 (USD Billion)
Chapter 8. Global Wine Market- Regional Segment Analysis
- 8.1. Global Wine Market: Regional Overview
  - 8.1.1. Global Wine Market Revenue Share, by Region, 2021 And 2028
- 8.2. North America
  - 8.2.1. North America Wine Market, 2021 - 2028 (USD Billion)
  - 8.2.2. North America Wine Market Revenue, by Culour, 2021 - 2028 (USD Billion)
  - 8.2.3. North America Wine Market Revenue, by Product Type, 2021 - 2028 (USD Billion)
  - 8.2.4. North America Wine Market Revenue, by Distribution Channel, 2021 - 2028 (USD Billion)
  - 8.2.5. U.S.
    - 8.2.5.1. U.S. Wine Market Revenue, by Culour, 2021 - 2028 (USD Billion)
    - 8.2.5.2. U.S. Wine Market Revenue, by Product Type, 2021 - 2028 (USD Billion)
    - 8.2.5.3. U.S. Wine Market Revenue, by Distribution Channel, 2021 - 2028 (USD Billion)
  - 8.2.6. Rest of North America
    - 8.2.6.1. Rest of North America Wine Market Revenue, by Culour, 2021 - 2028 (USD Billion)
    - 8.2.6.2. Rest of North America Wine Market Revenue, by Product Type, 2021 - 2028 (USD Billion)
    - 8.2.6.3. Rest of North America Wine Market Revenue, by Distribution Channel, 2021 - 2028 (USD Billion)
- 8.3. Europe
  - 8.3.1. Europe Wine Market, 2021 - 2028 (USD Billion)
  - 8.3.2. Europe Wine Market Revenue, by Culour, 2021 - 2028 (USD Billion)
  - 8.3.3. Europe Wine Market Revenue, by Product Type, 2021 - 2028 (USD Billion)
  - 8.3.4. Europe Wine Market Revenue, by Distribution Channel, 2021 - 2028 (USD Billion)
  - 8.3.5. UK
    - 8.3.5.1. UK Wine Market Revenue, by Culour, 2021 - 2028 (USD Billion)
    - 8.3.5.2. UK Wine Market Revenue, by Product Type, 2021 - 2028 (USD Billion)
    - 8.3.5.3. UK Wine Market Revenue, by Distribution Channel, 2021 - 2028 (USD Billion)
  - 8.3.6. Germany
    - 8.3.6.1. Germany Wine Market Revenue, by Culour, 2021 - 2028 (USD Billion)
    - 8.3.6.2. Germany Wine Market Revenue, by Product Type, 2021 - 2028 (USD Billion)
    - 8.3.6.3. Germany Wine Market Revenue, by Distribution Channel, 2021 - 2028 (USD Billion)
  - 8.3.7. France
    - 8.3.7.1. France Wine Market Revenue, by Culour, 2021 - 2028 (USD Billion)
    - 8.3.7.2. France Wine Market Revenue, by Product Type, 2021 - 2028 (USD Billion)
    - 8.3.7.3. France Wine Market Revenue, by Distribution Channel, 2021 - 2028 (USD Billion)
  - 8.3.8. Rest of Europe
    - 8.3.8.1. Rest of Europe Wine Market Revenue, by Culour, 2021 - 2028 (USD Billion)
    - 8.3.8.2. Rest of Europe Wine Market Revenue, by Product Type, 2021 - 2028 (USD Billion)
    - 8.3.8.3. Rest of Europe Wine Market Revenue, by Distribution Channel, 2021 - 2028 (USD Billion)
- 8.4. Asia Pacific
  - 8.4.1. Asia Pacific Wine Market, 2021 - 2028 (USD Billion)
  - 8.4.2. Asia Pacific Wine Market Revenue, by Culour, 2021 - 2028 (USD Billion)
  - 8.4.3. Asia Pacific Wine Market Revenue, by Product Type, 2021 - 2028 (USD Billion)
  - 8.4.4. Asia Pacific Wine Market Revenue, by Distribution Channel, 2021 - 2028 (USD Billion)
  - 8.4.5. China
    - 8.4.5.1. China Wine Market Revenue, by Culour, 2021 - 2028 (USD Billion)
    - 8.4.5.2. China Wine Market Revenue, by Product Type, 2021 - 2028 (USD Billion)
    - 8.4.5.3. China Wine Market Revenue, by Distribution Channel, 2021 - 2028 (USD Billion)
  - 8.4.6. Japan
    - 8.4.6.1. Japan Wine Market Revenue, by Culour, 2021 - 2028 (USD Billion)
    - 8.4.6.2. Japan Wine Market Revenue, by Product Type, 2021 - 2028 (USD Billion)
    - 8.4.6.3. Japan Wine Market Revenue, by Distribution Channel, 2021 - 2028 (USD Billion)
  - 8.4.7. India
    - 8.4.7.1. India Wine Market Revenue, by Culour, 2021 - 2028 (USD Billion)
    - 8.4.7.2. India Wine Market Revenue, by Product Type, 2021 - 2028 (USD Billion)
    - 8.4.7.3. India Wine Market Revenue, by Distribution Channel, 2021 - 2028 (USD Billion)
  - 8.4.8. Rest of Asia Pacific
    - 8.4.8.1. Rest of Asia Pacific Wine Market Revenue, by Culour, 2021 - 2028 (USD Billion)
    - 8.4.8.2. Rest of Asia Pacific Wine Market Revenue, by Product Type, 2021 - 2028 (USD Billion)
    - 8.4.8.3. Rest of Asia Pacific Wine Market Revenue, by Distribution Channel, 2021 - 2028 (USD Billion)
- 8.5. Latin America
  - 8.5.1. Latin America Wine Market, 2021 - 2028 (USD Billion)
  - 8.5.2. Latin America Wine Market Revenue, by Culour, 2021 - 2028 (USD Billion)
  - 8.5.3. Latin America Wine Market Revenue, by Product Type, 2021 - 2028 (USD Billion)
  - 8.5.4. Rest of North America Wine Market Revenue, by Distribution Channel, 2021 - 2028 (USD Billion)
  - 8.5.5. Brazil
    - 8.5.5.1. Brazil Wine Market Revenue, by Culour, 2021 - 2028 (USD Billion)
    - 8.5.5.2. Brazil Wine Market Revenue, by Product Type, 2021 - 2028 (USD Billion)
    - 8.5.5.3. Brazil Wine Market Revenue, by Distribution Channel, 2021 - 2028 (USD Billion)
  - 8.5.6. Rest of Latin America
    - 8.5.6.1. Rest of Latin America Wine Market Revenue, by Culour, 2021 - 2028 (USD Billion)
    - 8.5.6.2. Rest of Latin America Wine Market Revenue, by Product Type, 2021 - 2028 (USD Billion)
    - 8.5.6.3. Rest of Latin America Wine Market Revenue, by Distribution Channel, 2021 - 2028 (USD Billion)
- 8.6. Middle East and Africa
  - 8.6.1. Middle East and Africa Wine Market, 2021 - 2028 (USD Billion)
  - 8.6.2. Middle East and Africa Wine Market Revenue, by Culour, 2021 - 2028 (USD Billion)
  - 8.6.3. Middle East and Africa Wine Market Revenue, by Product Type, 2021 - 2028 (USD Billion)
  - 8.6.4. Middle East and Africa Wine Market Revenue, by Distribution Channel, 2021 - 2028 (USD Billion)
Chapter 9. Company Profile
- 9.1. Constellations Brand
  - 9.1.1. Overview
  - 9.1.2. Financials
  - 9.1.3. Product Portfulio
  - 9.1.4. Business Strategy
  - 9.1.5. Recent Developments
- 9.2. E & J Gallo Winery
  - 9.2.1. Overview
  - 9.2.2. Financials
  - 9.2.3. Product Portfulio
  - 9.2.4. Business Strategy
  - 9.2.5. Recent Developments
- 9.3. Torres
  - 9.3.1. Overview
  - 9.3.2. Financials
  - 9.3.3. Product Portfulio
  - 9.3.4. Business Strategy
  - 9.3.5. Recent Developments
- 9.4. Treasury Wine estates
  - 9.4.1. Overview
  - 9.4.2. Financials
  - 9.4.3. Product Portfulio
  - 9.4.4. Business Strategy
  - 9.4.5. Recent Developments
- 9.5. Vina Conch y Toro
  - 9.5.1. Overview
  - 9.5.2. Financials
  - 9.5.3. Product Portfulio
  - 9.5.4. Business Strategy
  - 9.5.5. Recent Developments
- 9.6. Distell Group
  - 9.6.1. Overview
  - 9.6.2. Financials
  - 9.6.3. Product Portfulio
  - 9.6.4. Business Strategy
  - 9.6.5. Recent Developments
- 9.7. Global Drinks Finland
  - 9.7.1. Overview
  - 9.7.2. Financials
  - 9.7.3. Product Portfulio
  - 9.7.4. Business Strategy
  - 9.7.5. Recent Developments
- 9.8. International Beverage Huldings
  - 9.8.1. Overview
  - 9.8.2. Financials
  - 9.8.3. Product Portfulio
  - 9.8.4. Business Strategy
  - 9.8.5. Recent Developments
- 9.9. John Distilleries
  - 9.9.1. Overview
  - 9.9.2. Financials
  - 9.9.3. Product Portfulio
  - 9.9.4. Business Strategy
  - 9.9.5. Recent Developments
- 9.10. Soyuz Victan and SPI Group
  - 9.10.1. Overview
  - 9.10.2. Financials
  - 9.10.3. Product Portfulio
  - 9.10.4. Business Strategy
  - 9.10.5. Recent Developments
- 9.11. Acculade Wines
  - 9.11.1. Overview
  - 9.11.2. Financials
  - 9.11.3. Product Portfulio
  - 9.11.4. Business Strategy
  - 9.11.5. Recent Developments
- 9.12. The Wine Group
  - 9.12.1. Overview
  - 9.12.2. Financials
  - 9.12.3. Product Portfulio
  - 9.12.4. Business Strategy
  - 9.12.5. Recent Developments

Table Of Figures

List of Figures

1. Market Research Process
2. Market Research Methodology
3. Global Wine Market Revenue, 2021 – 2028 (USD Billion)
4. Porter’s Five Forces Analysis
5. Wine Market Attractiveness Analysis, by Colour Segment
6. Wine Market Attractiveness Analysis, by Product Type Segment
7. Wine Market Attractiveness Analysis, by Distribution Channel Segment
8. Wine Market: Market Attractiveness Analysis, by Regional Segment
9. Company Market Share Analysis, 2021
10. Global Wine Market Revenue Share by Colour, 2021 And 2028
11. Global Wine Market for Red Wine, 2021 – 2028 (USD Billion)
12. Global Wine Market for Rose Wine, 2021 – 2028 (USD Billion)
13. Global Wine Market for White Wine, 2021 – 2028 (USD Billion)
14. Global Wine Market for Others, 2021 – 2028 (USD Billion)
15. Global Wine Market Revenue Share by Product Type, 2021 And 2028
16. Global Wine Market for Still Wine, 2021 – 2028 (USD Billion)
17. Global Wine Market for Sparkling Wine, 2021 – 2028 (USD Billion)
18. Global Wine Market for Dessert Wine, 2021 – 2028 (USD Billion)
19. Global Wine Market for Fortified Wine, 2021 – 2028 (USD Billion)
20. Global Wine Market Revenue Share by Distribution Channel, 2021 And 2028
21. Global Wine Market for Supermarket and Hypermarket, 2021 – 2028 (USD Billion)
22. Global Wine Market for Specialty Stores, 2021 – 2028 (USD Billion)
23. Global Wine Market for Convenience Stores, 2021 – 2028 (USD Billion)
24. Global Wine Market for Online Channel, 2021 – 2028 (USD Billion)
25. Global Wine Market for Other Channels, 2021 – 2028 (USD Billion)
26. North America Wine Market, 2021-2028 (USD Billion)
27. Europe Wine Market, 2021-2028 (USD Billion)
28. Asia Pacific Wine Market, 2021-2028 (USD Billion)
29. Latin America Wine Market, 2021-2028 (USD Billion)
30. The Middle East and Africa Wine Market, 2021-2028 (USD Billion)

Table Of Tables

List of Tables

1. Wine Market: Market Snapshot
2. Drivers of Global Wine Market: Impact Analysis
3. Restraints of Global Wine Market: Impact Analysis
4. North America Wine Market Revenue, by Colour, 2021 – 2023 (USD Billion)
5. North America Wine Market Revenue, by Product Type, 2021 – 2023 (USD Billion)
6. North America Wine Market Revenue, by Distribution Channel, 2021 – 2023 (USD Billion)
7. U.S. Wine Market Revenue, by Colour, 2021 – 2023 (USD Billion)
8. U.S. Wine Market Revenue, by Product Type, 2021 – 2023 (USD Billion)
9. U.S. Wine Market Revenue, by Distribution Channel, 2021 – 2023 (USD Billion)
10. Rest of North America Wine Market Revenue, by Colour, 2021 – 2023 (USD Billion)
11. Rest of North America Wine Market Revenue, by Product Type, 2021 – 2023 (USD Billion)
12. Rest of North America Wine Market Revenue, by Distribution Channel, 2021 – 2023 (USD Billion)
13. Europe Wine Market Revenue, by Colour, 2021 – 2023 (USD Billion)
14. Europe Wine Market Revenue, by Product Type, 2021 – 2023 (USD Billion)
15. Europe Wine Market Revenue, by Distribution Channel, 2021 – 2023 (USD Billion)
16. UK Wine Market Revenue, by Colour, 2021 – 2028 (USD Billion)
17. UK Wine Market Revenue, by Product Type, 2021 – 2028 (USD Billion)
18. UK Wine Market Revenue, by Distribution Channel, 2021 – 2028 (USD Billion)
19. Germany Wine Market Revenue, by Colour, 2021 – 2028 (USD Billion)
20. Germany Wine Market Revenue, by Product Type, 2021 – 2028 (USD Billion)
21. Germany Wine Market Revenue, by Distribution Channel, 2021 – 2028 (USD Billion)
22. France Wine Market Revenue, by Colour, 2021 – 2028 (USD Billion)
23. France Wine Market Revenue, by Product Type, 2021 – 2028 (USD Billion)
24. France Wine Market Revenue, by Distribution Channel, 2021 – 2028 (USD Billion)
25. Rest of Europe Wine Market Revenue, by Colour, 2021 – 2028 (USD Billion)
26. Rest of Europe Wine Market Revenue, by Product Type, 2021 – 2028 (USD Billion)
27. Rest of Europe Wine Market Revenue, by Distribution Channel, 2021 – 2028 (USD Billion)
28. Asia Pacific Wine Market Revenue, by Colour, 2021 – 2028 (USD Billion)
29. Asia Pacific Wine Market Revenue, by Product Type, 2021 – 2028 (USD Billion)
30. Asia Pacific Wine Market Revenue, by Distribution Channel, 2021 – 2028 (USD Billion)
31. China Wine Market Revenue, by Colour, 2021 – 2028 (USD Billion)
32. China Wine Market Revenue, by Product Type, 2021 – 2028 (USD Billion)
33. China Wine Market Revenue, by Distribution Channel, 2021 – 2028 (USD Billion)
34. Japan Wine Market Revenue, by Colour, 2021 – 2028 (USD Billion)
35. Japan Wine Market Revenue, by Product Type, 2021 – 2028 (USD Billion)
36. Japan Wine Market Revenue, by Distribution Channel, 2021 – 2028 (USD Billion)
37. India Wine Market Revenue, by Colour, 2021 – 2028 (USD Billion)
38. India Wine Market Revenue, by Product Type, 2021 – 2028 (USD Billion)
39. India Wine Market Revenue, by Distribution Channel, 2021 – 2028 (USD Billion)
40. Rest of Asia Pacific Wine Market Revenue, by Colour, 2021 – 2028 (USD Billion)
41. Rest of Asia Pacific Wine Market Revenue, by Product Type, 2021 – 2028 (USD Billion)
42. Rest of Asia Pacific Wine Market Revenue, by Distribution Channel, 2021 – 2028 (USD Billion)
43. Latin America Wine Market Revenue, by Colour, 2021 – 2028 (USD Billion)
44. Latin America Wine Market Revenue, by Product Type, 2021 – 2028 (USD Billion)
45. Latin America Wine Market Revenue, by Distribution Channel, 2021 – 2028 (USD Billion)
46. Brazil Wine Market Revenue, by Colour, 2021 – 2028 (USD Billion)
47. Brazil Wine Market Revenue, by Product Type, 2021 – 2028 (USD Billion)
48. Brazil Wine Market Revenue, by Distribution Channel, 2021 – 2028 (USD Billion)
49. Rest of Latin America Wine Market Revenue, by Colour, 2021 – 2028 (USD Billion)
50. Rest of Latin America Wine Market Revenue, by Product Type, 2021 – 2028 (USD Billion)
51. Rest of Latin America Wine Market Revenue, by Distribution Channel, 2021 – 2028 (USD Billion)
52. Middle East and Africa Wine Market Revenue, by Colour, 2021 – 2028 (USD Billion)
53. Middle East and Africa Wine Market Revenue, by Product Type, 2021 – 2028 (USD Billion)
54. The Middle East and Africa Wine Market Revenue, by Distribution Channel, 2021 – 2028 (USD Billion)

Methodology

Free Analysis

Wine is a grape product which is obtained by the process of fermentation. In the production of wine, yeast is used to convert sugar into ethanol and carbon dioxide. It is obtained without the addition of acids, enzymes, water or other nutrients. The grapes used for the production of wine are called as wine grapes as they are different from normal grapes. Wine grapes are, smaller, more pungent, and have thicker chewy skins. Different types of grapes, in combination with different strains of yeast, are used to make different types of wines. Red grapes are used to produce red and rose wine whereas white grapes are used to produce white wine. The period of contact of the fermenting product with the skin of the grapes decides the intensity of the color of the wine which is to be obtained. Sometimes different fruits are also used to produce fruit wines. Wine generally contains water, alcohol, acids, sugars, mineral salts, coloring substance, aromatic substance, and sulfites. Water and alcohol are the main components present in wine.

In recent years, there has been a rise in demand for wine across the globe. Wine, having health benefits, is making its way to social recognition which also drives the growth of the market. Rapid urbanization, high disposable income and changing lifestyle are some of the drivers for the growth of the global wine market as there is an increase in popularity of wine products during social celebrations. Aging population preferring wine over hard drinks has also been increasing the demand for wine across the globe. Recently, there has been an increase in the number of young wine connoisseurs, which has led to the increased penetration of wine products and wine tasting events across the globe. Heavy taxation and legal regulation by the government on wine act as major restraints for the growth of the wine market. The high cost of wine is also expected to slightly hinder the growth of the market. Moreover, availability of other alcoholic substitutes can create a hindrance to the growth of global wine market.

Based on color, the market is segmented into red wine, rose wine, white wine and others. Red wine is expected to dominate the global wine market during in the forecast period.

Based on product type, the market is segmented into still wine, sparkling wine, dessert wine and fortified wine. The still wine segment is expected to dominate the global wine market.

Based on distribution channel, the market is segmented into supermarket and hypermarket, specialty stores, convenience stores, online channel, and others. Supermarkets and hypermarkets are anticipated to dominate the global wine market in the future.

North America is projected to continue its supremacy, in the global wine market, which will be followed by Europe, in the forthcoming years. The growth of this regional market is due to the increasing grape cultivation in this region.

Some of the key players in the global wine market are 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, and The Wine Group. Major players are frequently engaged in developing different wines so that they can provide a new quality of the wine.

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FrequentlyAsked Questions

What are the key factors driving wine market expansion?

What will be the value of wine Market over 2020- 2028?

Which region will make notable contributions towards global wine Market revenue?

Asia Pacific is likely to make noteworthy contributions towards overall market revenue during forecast timespan. The regional market growth over 2020-2026 can be credited to rise in the presence of retail wine stores in the countries like India and China along with thriving online purchase of the product. Apart from this, large intake of wine during festivals along with huge discounts & offers during Christmas will prompt the business expansion in the sub-continent over the assessment timeline. In addition to this, loyalty coupons or promo codes offered by various firms like Bacardi and other reputed wine producers to attract new customers & retain existing ones in the Asian countries will contribute majorly towards the industry revenue of the region over the forecast timespan.

What are the key players leveraging wine Market growth?

The key players profiled in the report include International Beverage Holdings, Accolade Wines, Constellations Brand, Soyuz Victan and SPI Group, E & J Gallo Winery, Torres, Global Drinks Finland, Treasury Wine Estates, John Distilleries, Vina Conch y Toro, Distell Group, and The Wine Group.