Wine Market to See Strong Investment Opportunity | Top Companies Like Accolade Wines, The Wine Group, Davide Campari-Milano S.p.A.& J. Gallo Winery, Constellation Brands, Inc.
The process of fermentation with an availability of sugar and yeast gives around 15.0% of alcohol.
HONOLULU, Hawai'i, Jan. 29, 2020 /PRNewswire/ -- Global Wine Market is expected to reach a healthy CAGR of 7.1 % in the forecast period 2019 to 2026. The new market report contains data for historic years 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
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Global Wine Market, By Type (Still Wines, Sparkling Wines, Fortified Wines, Others), Colour (Red Wine, White Wine, Rose Wine, Others), Product Type (Unflavoured, Flavoured), Packaging (Bottles, Can, Others), Body Type (Full-Bodied, Light-Bodied, Medium-Bodied), Distribution Channel (Off Trade, On Trade), Geography (North America, Europe, Asia-Pacific, South America and Middle East and Africa)- Industry Trends and Forecast to 2026
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Market Definition: Global Wine Market
Wine is derived from grapes by the process of fermentation where sugar and yeast combines and produces alcohol and carbon dioxide. The process of fermentation with an availability of sugar and yeast gives around 15.0% of alcohol. Three major types of wine are available in the market and they are table, sparkling wine and fortified wine.
The Wine making process involves picking fresh grapes, sorting, De-stemmed and crushing, Placing must (crushed grapes) into a vat with (red) or without skins (white), Fermentation process that takes 4- 20 days, Pressed into barreled and aged filtered bottle.
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Key Developments in the Market:
- In July 2018, Accolade Wines launched Batch X. This Batch X contains two new wines that helped in completing consumer needs. With this, the company has increased its product portfolio and increase their business by adding more retail partners hence that maximized the sales of wine in market.
- In March 2018, Accolade Wines launched first Echo Falls product in their Prosecco sector for the first time. With this, launch prosecco market increased with high growth rate in wine industries.
- In January 2018, Accolade Wines launched fine wine partners in the U.K. and Ireland and increased its product portfolio including petaluma and stonier. This launch increased its business in many countries as they have launched the products in different countries.
- In June 2017, Pernod Ricard India has launched a Spanish wine produced by using Tempranillo grapes. By launching the new wine in India and hence increased their portfolio of wines in India.
- In October 2017, Jacob's creek, Brand of Pernod Ricard launched 'double barrel' wine. This is the innovation of wine by the company and with this the company increased their product portfolio.
Wine Market Top Key Players:
- Accolade Wines,
- The Wine Group,
- Davide Campari-Milano S.p.A.,
- E. & J. Gallo Winery,
- Constellation Brands, Inc.,
- John Distilleries, India,
- Castel Group,
- CDV · Compagnia del Vino,
- AMVYX,
- BACARDI,
- Pernod Ricard,
- TREASURY WINE ESTATES,
- Caviro,
- Miguel Torres S. A.,
- Concha y Toro,
- Sula Vineyards Pvt. Ltd.,
- Chapel Down
- Others.
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Market Segmentations:
Global wine market is segmented into six notable segments, which are type, colour, product type, packaging, body type and distribution channel.
- On the basis of type, the market is segmented into still wines, sparkling wines, fortified wines and others. In 2019, still wines segment is expected to grow at the CAGR of 7.0% in the forecast period of 2019 to 2026. However, sparkling wines segment is growing with highest CAGR 8.0% in the forecast period of 2019 to 2026.
- On the basis of colour, the market is segmented into red wine, white wine, rose wine and others. In 2019, red wine segment is expected to grow at the CAGR of 7.30% in the forecast period of 2019 to 2026. However, white wine segment is growing with highest CAGR 7.33% in the forecast period of 2019 to 2026.
- On the basis of product type, the market is segmented into flavoured and unflavoured. In 2019, unflavoured segment is expected to grow at the highest CAGR of 7.4% in the forecast period of 2019 to 2026.
- On the basis of packaging type, the market is segmented into bottles, cans and others. Bottles segment is sub-segmented into glass and plastic. In 2019, bottles segment is expected to grow at the CAGR of 6.9% in the forecast period of 2019 to 2026. However, can segment is growing with highest CAGR 7.9% in the forecast period of 2019 to 2026.
- On the basis of body type, the market is segmented into light-bodied, medium-bodied and full-bodied. In 2019, full-bodied segment is expected to grow at the highest CAGR of 7.2% in the forecast period of 2019 to 2026.
- On the basis of distribution channel, the market is segmented into off trade and on trade. The on trade is sub segmented into specialty stores, online retailers and others. In 2019, off trade segment is expected to grow at the highest CAGR of 7.2% in the forecast period of 2019 to 2026.
By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Turkey
- Belgium
- Netherlands
- Switzerland
- Rest of Europe
- Asia-Pacific
- Japan
- China
- South Korea
- India
- Australia
- Singapore
- Thailand
- Malaysia
- Indonesia
- Philippines
- Rest of Asia Pacific
- South America
- Brazil
- Rest of South America
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
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Key Questions Answered in Global Wine Market Report:-
Our Report offers:-
- What will the market growth rate, Overview and Analysis by Type of Global Wine Market in 2026?
- What are the key factors driving, Analysis by Applications and Countries Global Wine Market?
- What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Wine Market?
- Who are Opportunities, Risk and Driving Force of Global Wine Market?
- Who are the opportunities and threats faced by the vendors in Global Wine Market? Business Overview by Type, Applications, Gross Margin and Market Share
- What are the Global Wine Market opportunities, market risk and market overview of the Market?
Related Reports
- North America Wine Market
- Europe Wine Market
- Asia Pacific Wine Market
- Middle East - Africa Wine Market
- Global Sparkling Red Wine Market
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