FOOD & BEVERAGE
Global Wine Market - Industry Trends and Forecast to 2032
REPORT OVERVIEW
Global Wine Market, By Type (Still Wines, Sparkling Wines, Fortified Wines, and Others), Colour (Red Wine, White Wine, Rose Wine, and Others), Price Range (Below USD 5, USD 5 to USD 10, USD 10 to USD 15, and Above USD 15), Product Type (Flavoured and Unflavoured), Nature (Organic and Conventional), Packaging (Bottles, Cans, and Others), Body Type (Full-Bodied, Light-Bodied, and Medium-Bodied), Distribution Channel (Off Trade and On Trade), Region (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2032.
Market Insights
The global wine market size is valued to be USD xx million in 2023 and is expected to reach USD xx million by 2032, and it is expected to register a CAGR of xx% over the forecast period 2024-2032.
The wine market refers to the economic system and atmosphere in which wine is bought, sold, and distributed. It covers all areas of wine production, distribution, and consumption, such as vineyard cultivation, winemaking, packaging, marketing, sales, and consumer trends. The wine market can be global, with transactions and interactions taking place between producers, distributors, retailers, and consumers all over the world, or regional or local, with a concentration on certain wine-producing regions or markets. Consumer preferences, economic situations, regulatory regulations, technological breakthroughs, environmental considerations, and cultural trends all have a significant impact on the wine market.
The respective global report analyses market trends, consumer behaviour and industry dynamics to guide towards entry into new markets with ease. Also, it assists in tailoring market specific and related products and services to meet the needs, preferences, and expectations of target audience by delving into their psychology. The report also specializes with comprehensive and extensive competitive analysis which offers useful insights into competitor strengths, weaknesses, opportunities, and threats. The respective report offers exclusive insights into the potential impact of disruptive developments and technologies that are expected to completely transform corporate operations. The context includes tailor-made research solutions to create a stronger footprint in their particular industries thereby offering dedicated customized solutions according to the client needs which helps in addressing unique business challenges with more simplified and efficient decision-making solutions.
Market Dynamics
DRIVERS
- Increasing disposable income
- Rapid globalization
RESTRAINTS
- Changing consumer preference
- Saturation and intense competition among producers
OPPORTUNITIES
- Proliferation of e-commerce platforms and digital platforms
- Growing interest in wine tourism
CHALLENGES
- Stringent regulations related to production, labelling, advertising, and distribution
- Economic uncertainty
SEGMENTATION
MARKET SEGMENTATION
- Type
- Still Wines
- Sparkling Wines
- Fortified Wines
- Others
- Colour
- Red Wine
- White Wine
- Rose Wine
- Others
- Price Range
- Below USD 5
- USD 5 to USD 10
- USD 10 to USD 15
- Above USD 15
- Product Type
- Flavoured
- Unflavoured
- Nature
- Organic
- Conventional
- Packaging
- Bottles
- Cans
- Others
- Body Type
- Full-Bodied
- Light-Bodied
- Medium-Bodied
- Distribution Channel
- Off Trade
- Supermarkets/Hypermarkets
- Specialty Stores
- Others
- On Trade
The respective global report is completely customizable specific to regions (North America, Europe, Asia-Pacific, South America, Middle East and Africa), countries, and segments as per the client requirements.
REGIONAL SEGMENTATION
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- The Netherlands
- Belgium
- Turkey
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Singapore
- Malaysia
- Australia
- Thailand
- Philippines
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Chile
- Colombia
- Rest of South America
- Middle East and Africa
- Kingdom of Saudi Arabia
- South Africa
- U.A.E.
- Egypt
- Rest of Middle East and Africa
KEY MARKET PLAYERS
- Accolade Wines
- The Wine Group
- E. & J. Gallo Winery
- Constellation Brands, Inc.
- John Distilleries
- Castel Group
- AMVYX
- BACARDI
- Pernod Ricard
- TREASURY WINE ESTATES
Table OF CONTENTS
- SECTION 1 - INTRODUCTION
- 1.1 Taxonomy
- 1.2 Market Overview
- 1.3 Currency and Limitations
- 1.3.1 Currency
- 1.3.2 Limitations
- 1.4 Key Competitors
- SECTION 2 - RESEARCH METHODOLOGY
- 2.1 Research Approach
- 2.2 Data Collection and Validation
- 2.2.1 Secondary Research
- 2.2.2 Primary Research
- 2.3 Market Assessment
- 2.3.1 Market Size Estimation
- 2.3.2 Bottom-up Approach
- 2.3.3 Top-down Approach
- 2.3.4 Growth Forecast
- 2.4 Market Study Assumptions
- 2.5 Data Sources
- SECTION 3 - EXECUTIVE SUMMARY
- 3.1 Global Wine Market, by Type
- 3.2 Global Wine Market, by Colour
- 3.3 Global Wine Market, by Price Range
- 3.4 Global Wine Market, by Product Type
- 3.5 Global Wine Market, by Nature
- 3.6 Global Wine Market, by Packaging
- 3.7 Global Wine Market, by Body Type
- 3.8 Global Wine Market, by Distribution Channel
- 3.9 Global Wine Market, by Geography
- 3.10 Market Position Grid
- SECTION 4 - PREMIUM INSIGHTS
- 4.1 Regulatory Framework
- 4.1.1 Standards
- 4.1.2 Regulatory Landscape
- 4.2 Value Chain Analysis
- 4.3 Supply Chain Analysis
- 4.4 COVID-19 Impact
- 4.5 Russia-Ukraine War Impact
- 4.6 PORTER's Five Force Analysis
- 4.7 PESTLE Analysis
- 4.8 SWOT Analysis
- 4.9 Go to Market Strategy
- 4.10 Opportunity Orbit
- 4.11 Multivariate Modelling
- 4.12 Pricing Analysis
- SECTION 5 - MARKET DYNAMICS
- 5.1 Trends
- 5.1.1 Rise of sparkling wines
- 5.1.2 Cultural shifts and lifestyle trends
- 5.1.3 Trend 3
- 5.2 Drivers
- 5.2.1 Increasing disposable income
- 5.2.2 Rapid globalization
- 5.2.3 Driver 3
- 5.2.4 Driver 4
- 5.3 Restraints
- 5.3.1 Changing consumer preference
- 5.3.2 Saturation and intense competition among producers
- 5.3.3 Restraint 3
- 5.4 Opportunities
- 5.4.1 Proliferation of e-commerce platforms and digital platforms
- 5.4.2 Growing interest in wine tourism
- 5.4.3 Opportunity 3
- 5.4.4 Opportunity 4
- 5.5 Challenges
- 5.5.1 Stringent regulations related to production, labeling, advertising, and distribution
- 5.5.2 Economic uncertainty
- 5.5.3 Challenge 3
- SECTION 6 - GLOBAL WINE MARKET, BY TYPE
- 6.1 Type Summary
- 6.2 Market Attractive Index
- 6.3 Global Wine Market, by Type (2019-2032)
- SECTION 7 - GLOBAL WINE MARKET, BY COLOUR
- 7.1 Colour Summary
- 7.2 Market Attractive Index
- 7.3 Global Wine Market, by Colour (2019-2032)
- SECTION 8 - GLOBAL WINE MARKET, BY PRICE RANGE
- 8.1 Price Range Summary
- 8.2 Market Attractive Index
- 8.3 Global Wine Market, by Price Range (2019-2032)
- SECTION 9 - GLOBAL WINE MARKET, BY PRODUCT TYPE
- 9.1 Product Type Summary
- 9.2 Market Attractive Index
- 9.3 Global Wine Market, by Product Type (2019-2032)
- SECTION 10 - GLOBAL WINE MARKET, BY NATURE
- 10.1 Nature Summary
- 10.2 Market Attractive Index
- 10.3 Global Wine Market, by Nature (2019-2032)
- SECTION 11 - GLOBAL WINE MARKET, BY PACKAGING
- 11.1 Packaging Summary
- 11.2 Market Attractive Index
- 11.3 Global Wine Market, by Packaging (2019-2032)
- SECTION 12 - GLOBAL WINE MARKET, BY BODY TYPE
- 12.1 Body Type Summary
- 12.2 Market Attractive Index
- 12.3 Global Wine Market, by Body Type (2019-2032)
- SECTION 13 - GLOBAL WINE MARKET, BY DISTRIBUTION CHANNEL
- 13.1 Distribution Channel Summary
- 13.2 Market Attractive Index
- 13.3 Global Wine Market, by Distribution Channel (2019-2032)
- SECTION 14 - GLOBAL WINE MARKET, BY GEOGRAPHY
- 14.1 Regional Summary
- 14.2 Market Attractive Index
- 14.3 Global Wine Market, by Geography (2019-2032)
- SECTION 15 - NORTH AMERICA WINE MARKET
- 15.1 North America Summary
- 15.2 Market Attractive Index
- 15.3 North America Wine Market, by Type (2019-2032)
- 15.4 North America Wine Market, by Colour (2019-2032)
- 15.5 North America Wine Market, by Price Range (2019-2032)
- 15.6 North America Wine Market, by Product Type (2019-2032)
- 15.7 North America Wine Market, by Nature (2019-2032)
- 15.8 North America Wine Market, by Packaging (2019-2032)
- 15.9 North America Wine Market, by Body Type (2019-2032)
- 15.10 North America Wine Market, by Distribution Channel (2019-2032)
- 15.11 North America Wine Market, by Country (2019-2032)
- 15.11.1 U.S.
- 15.11.2 Canada
- 15.11.3 Mexico
- 15.11.4 Rest of North America
- SECTION 16 - EUROPE WINE MARKET
- 16.1 Europe Summary
- 16.2 Market Attractive Index
- 16.3 Europe Wine Market, by Type (2019-2032)
- 16.4 Europe Wine Market, by Colour (2019-2032)
- 16.5 Europe Wine Market, by Price Range (2019-2032)
- 16.6 Europe Wine Market, by Product Type (2019-2032)
- 16.7 Europe Wine Market, by Nature (2019-2032)
- 16.8 Europe Wine Market, by Packaging (2019-2032)
- 16.9 Europe Wine Market, by Body Type (2019-2032)
- 16.10 Europe Wine Market, by Distribution Channel (2019-2032)
- 16.11 Europe Wine Market, by Country (2019-2032)
- 16.11.1 Germany
- 16.11.2 U.K.
- 16.11.3 France
- 16.11.4 Italy
- 16.11.5 Spain
- 16.11.6 Russia
- 16.11.7 The Netherlands
- 16.11.8 Belgium
- 16.11.9 Turkey
- 16.11.10 Rest of Europe
- SECTION 17 - ASIA-PACIFIC WINE MARKET
- 17.1 Asia-Pacific Summary
- 17.2 Market Attractive Index
- 17.3 Asia-Pacific Wine Market, by Type (2019-2032)
- 17.4 Asia-Pacific Wine Market, by Colour (2019-2032)
- 17.5 Asia-Pacific Wine Market, by Price Range (2019-2032)
- 17.6 Asia-Pacific Wine Market, by Product Type (2019-2032)
- 17.7 Asia-Pacific Wine Market, by Nature (2019-2032)
- 17.8 Asia-Pacific Wine Market, by Packaging (2019-2032)
- 17.9 Asia-Pacific Wine Market, by Body Type (2019-2032)
- 17.10 Asia-Pacific Wine Market, by Distribution Channel (2019-2032)
- 17.11 Asia-Pacific Wine Market, by Country (2019-2032)
- 17.11.1 China
- 17.11.2 India
- 17.11.3 Japan
- 17.11.4 South Korea
- 17.11.5 Singapore
- 17.11.6 Malaysia
- 17.11.7 Australia
- 17.11.8 Thailand
- 17.11.9 Philippines
- 17.11.10 Rest of Asia-Pacific
- SECTION 18 - SOUTH AMERICA WINE MARKET
- 18.1 South America Summary
- 18.2 Market Attractive Index
- 18.3 South America Wine Market, by Type (2019-2032)
- 18.4 South America Wine Market, by Colour (2019-2032)
- 18.5 South America Wine Market, by Price Range (2019-2032)
- 18.6 South America Wine Market, by Product Type (2019-2032)
- 18.7 South America Wine Market, by Nature (2019-2032)
- 18.8 South America Wine Market, by Packaging (2019-2032)
- 18.9 South America Wine Market, by Body Type (2019-2032)
- 18.10 South America Wine Market, by Distribution Channel (2019-2032)
- 18.11 South America Wine Market, by Country (2019-2032)
- 18.11.1 Brazil
- 18.11.2 Argentina
- 18.11.3 Chile
- 18.11.4 Colombia
- 18.11.5 Rest of South America
- SECTION 19 - MIDDLE EAST AND AFRICA WINE MARKET
- 19.1 Middle East and Africa Summary
- 19.2 Market Attractive Index
- 19.3 Middle East and Africa Wine Market, by Type (2019-2032)
- 19.4 Middle East and Africa Wine Market, by Colour (2019-2032)
- 19.5 Middle East and Africa Wine Market, by Price Range (2019-2032)
- 19.6 Middle East and Africa Wine Market, by Product Type (2019-2032)
- 19.7 Middle East and Africa Wine Market, by Nature (2019-2032)
- 19.8 Middle East and Africa Wine Market, by Packaging (2019-2032)
- 19.9 Middle East and Africa Wine Market, by Body Type (2019-2032)
- 19.10 Middle East and Africa Wine Market, by Distribution Channel (2019-2032)
- 19.11 Middle East and Africa Wine Market, by Country (2019-2032)
- 19.11.1 Kingdom of Saudi Arabia
- 19.11.2 South Africa
- 19.11.3 U.A.E.
- 19.11.4 Egypt
- 19.11.5 Rest of Middle East and Africa
- SECTION 20 - COMPANY SHARE ANALYSIS
- 20.1 Global Wine Market, Company Share Analysis
- 20.2 North America Wine Market, Company Share Analysis
- 20.3 Europe Wine Market, Company Share Analysis
- 20.4 Asia-Pacific Wine Market, Company Share Analysis
- SECTION 21 - COMPANY PROFILES
- 21.1 Accolade Wines
- 21.1.1 Company Snapshot
- 21.1.2 Financial Overview
- 21.1.3 Product Portfolio
- 21.1.4 Recent Developments
- 21.2 The Wine Group
- 21.2.1 Company Snapshot
- 21.2.2 Financial Overview
- 21.2.3 Product Portfolio
- 21.2.4 Recent Developments
- 21.3 E. & J. Gallo Winery
- 21.3.1 Company Snapshot
- 21.3.2 Financial Overview
- 21.3.3 Product Portfolio
- 21.3.4 Recent Developments
- 21.4 Constellation Brands, Inc.
- 21.4.1 Company Snapshot
- 21.4.2 Financial Overview
- 21.4.3 Product Portfolio
- 21.4.4 Recent Developments
- 21.5 John Distilleries
- 21.5.1 Company Snapshot
- 21.5.2 Financial Overview
- 21.5.3 Product Portfolio
- 21.5.4 Recent Developments
- 21.6 Castel Group
- 21.6.1 Company Snapshot
- 21.6.2 Financial Overview
- 21.6.3 Product Portfolio
- 21.6.4 Recent Developments
- 21.7 AMVYX
- 21.7.1 Company Snapshot
- 21.7.2 Financial Overview
- 21.7.3 Product Portfolio
- 21.7.4 Recent Developments
- 21.8 BACARDI
- 21.8.1 Company Snapshot
- 21.8.2 Financial Overview
- 21.8.3 Product Portfolio
- 21.8.4 Recent Developments
- 21.9 Pernod Ricard
- 21.9.1 Company Snapshot
- 21.9.2 Financial Overview
- 21.9.3 Product Portfolio
- 21.9.4 Recent Developments
- 21.10 TREASURY WINE ESTATES
- 21.10.1 Company Snapshot
- 21.10.2 Financial Overview
- 21.10.3 Product Portfolio
- 21.10.4 Recent Developments
- SECTION 22 - RELATED REPORTS
- SECTION 23 - DISCLAIMER
RESEARCH METHODOLOGY
The research methodology employed in Uniprism Market Research involves four basic steps namely research and data collection, data pre-processing, modeling and forecasting, quality assurance and output.
RESEARCH AND DATA COLLECTION
A tripod model research technique is followed for research and data collection in which various approaches such as primary research, secondary research, and product mapping are considered.
Primary research basically involves the process of conducting personalized interviews with market related professionals of major market players, investors, distributors, vendors and many more.
The secondary research include data published by government, annual reports, press releases, investor presentations of companies, white papers, certified publications, annual manufacturing limit of the respective industries related to the market, production consumption analysis of certain products respective to the market and many more.
Below mention are few of the sources which we have considered while estimating the market size:
For instance,
- Research articles published on Technium
- Science and MDPI
- Research publications by government approved associations and societies
Product mapping means the process of mapping the list of products that a key player contributes to the market as well as estimating the revenue of those products in order to define the Global Company share analysis of the respective Global Company in global, regional, and country level markets.
DATA PRE-PROCESSING
The term "data pre-processing" refers to the collection of procedures and methods used to clean, modify, and make ready for analysis the raw data gathered during research and data collection. The completion of this phase is necessary to guarantee that the data are reliable, consistent, and appropriate for statistical analysis and other data-driven tasks. The data pre-processing ensures that the information gathered from research and data collection is comparable and expressed in standard units, by the integration of missing data pointers and algorithmic approaches.
MODELING AND FORECASTING
The process of developing mathematical, statistical, or computational representations of real-world occurrences or relationships is known as modelling. These models are intended to replicate and explain market interactions, interdependence, and dynamics. These models are used by Uniprism Market Research to acquire a better knowledge of numerous market characteristics such as customer preferences, pricing elasticity, competition dynamics, and more. Depending on the individual study aims, many types of models are utilized, such as regression models, econometric models, decision tree models, and machine learning models.
Forecasting is the process of predicting future market conditions, trends, and occurrences using past data and models. Forecasting is used by Uniprism Market Research to estimate future sales, demand for products or services, market growth, and other important performance metrics. Forecasting accurately can assist organizations in making educated decisions about resource allocation, pricing, inventory management, and marketing tactics.
We create standardized bottom-up or top-down models that scale by leveraging data science and machine learning technology. All our market models consider the unique market characteristics of each country. Forecasting is based on major market indicators and a combination of traditional methodologies, such as exponential smoothing, time series analysis, regression analysis, and more modern techniques such as machine learning algorithms are all forecasting methodologies. The method chosen is determined on the nature of the data and the specific forecasting aims.
QUALITY ASSURANCE AND OUTPUT
Quality assurance and output involves the process of validation, adjustments, further publications of key market indicators. Extensive plausibility and consistency tests are performed on derived time series to ensure the high degree of quality of our market analysis. This quality assurance procedure also includes rigorous inspection, validation, and editing by an experienced management team to assure the dependability of the published data.