Global Wine Market Size, Share & Trends Analysis Report, By Product (Table Wine, Dessert Wine, Sparkling Wine), By Distribution Channel (On-Trade, Off-Trade), By Region, And Segment Forecasts, Till : 2030

Report ID : AMR1005029 | Industries : Others | Published On :January 2024 | Page Count : 111

Global Wine Market Size, Share & Trends Analysis Report, By Product (Table Wine, Dessert Wine, Sparkling Wine), By Distribution Channel (On-Trade, Off-Trade), By Region, And Segment Forecasts, Till – 2030

Market Overview

According to Analytical Market Research, the global Wine market estimated at USD 450 billion in 2022 and will expand at a compound annual growth rate (CAGR) of 6.64% from 2023 to 2030. Key players in the Wine market employ various strategies to maintain and enhance their market presence. These strategies help key players capture a significant market share and remain competitive in the dynamic Wine market. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated includes proficient analysis, predictive analysis, prescriptive analysis, cumulative analysis, and value chain analysis.

WINE MARKET DYNAMICS: KEY DRIVERS & RESTRAINTS

Introduction Of Innovative Products Driving The Market Growth
Wine manufacturers are continually experimenting with new grape varieties, various fermentation techniques, and aging processes to create wines with diverse flavor profiles. This innovation caters to consumers' evolving palates, which allows them to explore a wide range of taste experiences. Many variants such as fruit-infused wines, botanical blends, and dynamic aging methods contribute to this diversity.
Also, the new and dynamic introduction of wine variants that are perceived as healthier options is gaining traction. This includes organic, biodynamic, and low-alcohol wines. Health-conscious customers who seek products that align with their fitness goals, and innovative wine variants cater to this demand. Further, winemakers are blending traditional winemaking methods with modern trends. These factors drive the market growth.
High Prices Of Wines Restraint The Market Growth
The high prices of wines due to high production costs poses a major challenge to the growth of the wine industry. Stringent government rules and regulations imposed and heavy imposition of taxes also hamper the market growth rate. Increasing availability of other substitutes products and health hazards associated with the over-consumption can yet again hamper the market growth rate.
Also, there is a gradual shift of consumers towards other alcoholic drinks which restrains the market further.

How are Segments Performing in the Global Wine Market?

Wine Product Segment Breakdown
According to Analytical Market Research, the Wine market by product is segmented into Table Wine, Dessert Wine, and Sparkling Wine
Wine Distribution Channel Segment Breakdown
According to Analytical Market Research, based on distribution channel the market is bifurcated into On-Trade, and Off-Trade
Wine Geographic Exploration
According to Analytical Market Research, Europe region is predicted to dominate the market, owing to most established market for wine with many countries such as Portugal, Italy, and France having the highest per capita wine consumption per year. One of the largest aggregate markets in Europe is France because of its large population and high per capita wine consumption. Other European countries such as Germany and the U.K. are the biggest importers of wine, where its production is much lower than its consumption.
Other regions competing in the market are North America, Asia Pacific, Middle East and Africa, and Latin America respectively.

COMPETITIVE LANDSCAPE & RECENT DEVELOPMENT: WINE

The competitive landscape of the market is fragmented. The significant players rapidly evolve with new strategies to attain a competitive edge and capture significant market share.
• For instance, in Oct 2022, Treasury Wine Estates Ltd. completed the acquisition of Château Lanessan, one of the oldest estates in Bordeaux, France. The acquisition was the latest step in strengthening Penfold's multi-regional luxury wine portfolio.

Noticeable Players Functioning in The Global Wine Market Include:

• Asahi Group Holdings, Ltd.
• Beijing Yanjing Beer Group Corporation
• The Wine Group
• Castel Frères
• Accolade Wines
• Constellation Brands
• Treasury Wine Estates (TWE)
• Pernod Ricard
• E. & J. Gallo Winery
• Viña Concha y Toro

KEY BREAKDOWN: WINE MARKET

By Product:
• Table Wine
• Dessert Wine
• Sparkling Wine
By Distribution Channel:
• On-Trade
• Off-Trade
Geographical Exploration:
• North America
o The USA
o Canada
o Mexico
• Europe
o Germany
o France
o U.K.
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest of Middle East & Africa

1. Research Methodology
1.1. Global Wine Market Snapshot, 2023 and 2030
1.2. Data Mining
1.3. Validation
1.4. Primary Interviews
1.5. List of Data Sources
1.6. Future Market Projections
1.7. Industry Developments and Key Market Events
2. Executive Summary
3. Market Overview
3.1. Market Scope and Definition
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunity
3.2.4. Challenges
3.2.5. Cumulative Impact due to Recent Energy Crisis
3.2.6. Cumulative Impact due to Nearing Economic Downturn
3.2.7. Post Covid-19 World Supply & Demand Conditions
3.2.8. Cumulative Impact of Russia-Ukraine Conflict
3.2.9. Key Trends
3.3. Wine Market: Value Chain
3.3.1. List of Raw Material Supplier
3.3.2. List of Manufacturers
3.3.3. List of Application
3.4. Porter Five Force’s Analysis
3.5. Regulatory and Technology Landscape
4. Global Wine Market Outlook: Forecast (2023 – 2030)
4.1. Key Highlights
4.1.1. Market Size and Y-o-Y Growth
4.1.2. Absolute $ Opportunity
4.2. Market Size (US$ Mn) Analysis and Forecast
4.2.1. Current Market Size Forecast, 2023–2030
4.3. Global Wine Market Outlook: Product Type
4.3.1. Introduction / Key Findings
4.3.2. Market Size (US$ Mn) and Forecast Product Type, 2023 – 2030
4.3.2.1. Table Wine
4.3.2.2. Dessert Wine
4.3.2.3. Sparkling Wine
4.4. Global Wine Market Outlook: Distribution Channel
4.4.1. Introduction / Key Findings
4.4.2. Market Size (US$ Mn) and Forecast By Distribution Channel, 2023 – 2030
4.4.2.1. On-Trade
4.4.2.2. Off-Trade
5. Global Wine Market Outlook: Region
5.1. Key Highlights
5.2. Market Size (US$ Mn) and Forecast By Region, 2023 – 2030
5.2.1. North America
5.2.2. Europe
5.2.3. Asia Pacific
5.2.4. Latin America
5.2.5. Middle East & Africa (MEA)
6. North America Wine Market Outlook: Forecast (2023 – 2030)
6.1. Key Highlights
6.2. Pricing Analysis
6.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2022
6.3.1. By Country
6.3.2. By Product type
6.3.3. By Distribution Channel
6.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
6.4.1. U.S.
6.4.2. Canada
6.4.3. Mexico
6.5. Market Size (US$ Mn) and Forecast By Product Type, 2023 – 2030
6.5.1. Table Wine
6.5.2. Dessert Wine
6.5.3. Sparkling Wine
6.6. Market Size (US$ Mn) and Forecast By Distribution Channel, 2023 – 2030
6.6.1. On-Trade
6.6.2. Off-Trade
7. Europe Wine Market Outlook: Forecast (2023 – 2030)
7.1. Key Highlights
7.2. Pricing Analysis
7.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030
7.3.1. By Country
7.3.2. By Product Type
7.3.3. By Distribution Channel
7.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
7.4.1. Germany
7.4.2. France
7.4.3. U.K.
7.4.4. Russia
7.4.5. Italy
7.4.6. Spain
7.4.7. Rest of Europe
7.5. Market Size (US$ Mn) and Forecast By Product Type, 2023 – 2030
7.5.1. Table Wine
7.5.2. Dessert Wine
7.5.3. Sparkling Wine
7.6. Market Size (US$ Mn) and Forecast By Distribution Channel, 2023 – 2030
7.6.1. On-Trade
7.6.2. Off-Trade
8. Asia Pacific Wine Market Outlook: Forecast (2023 – 2030)
8.1. Key Highlights
8.2. Pricing Analysis
8.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030
8.3.1. By Country
8.3.2. By Product type
8.3.3. By Distribution Channel
8.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. South Korea
8.4.5. Australia
8.4.6. New Zealand
8.4.7. Singapore
8.4.8. Malaysia
8.4.9. Rest of Asia
8.5. Market Size (US$ Mn) and Forecast By Product Type, 2023 – 2030
8.5.1. Table Wine
8.5.2. Dessert Wine
8.5.3. Sparkling Wine
8.6. Market Size (US$ Mn) and Forecast By Distribution Channel, 2023 – 2030
8.6.1. On-Trade
8.6.2. Off-Trade
9. Latin America Wine Market Outlook: Forecast (2023 – 2030)
9.1. Key Highlights
9.2. Pricing Analysis
9.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030
9.3.1. By Country
9.3.2. By Product type
9.3.3. By Distribution Channel
9.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
9.4.1. Brazil
9.4.2. Argentina
9.4.3. Colombia
9.4.4. Peru
9.4.5. Chile
9.4.6. Venezuela
9.4.7. Rest of Latin America
9.5. Market Size (US$ Mn) and Forecast By Product Type, 2023 – 2030
9.5.1. Table Wine
9.5.2. Dessert Wine
9.5.3. Sparkling Wine
9.6. Market Size (US$ Mn) and Forecast By Distribution Channel, 2023 – 2030
9.6.1. On-Trade
9.6.2. Off-Trade
10. Middle East & Africa Wine Market Outlook: Forecast (2023 – 2030)
10.1. Key Highlights
10.2. Pricing Analysis
10.3. Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2023 – 2030
10.3.1. By Country
10.3.2. By Product type
10.3.3. By Distribution Channel
10.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
10.4.1. Saudi Arabia
10.4.2. UAE
10.4.3. Egypt
10.4.4. Kuwait
10.4.5. South Africa
10.4.6. Rest of Middle East & Africa
10.5. Market Size (US$ Mn) and Forecast By Product type, 2023 – 2030
10.5.1. Table Wine
10.5.2. Dessert Wine
10.5.3. Sparkling Wine
10.6. Market Size (US$ Mn) and Forecast By Distribution Channel, 2023 – 2030
10.6.1. On-Trade
10.6.2. Off-Trade
11. Competition Analysis
11.1. Market Share Analysis Of Top Vendors
11.2. Market Structure
11.2.1. Competition Intensity Mapping By Market
11.2.2. Competition Dashboard
11.2.3. Key Development Strategies
11.3. Company Profiles
11.3.1. Asahi Group Holdings, Ltd.
11.3.1.1. Overview
11.3.1.2. Offerings
11.3.1.3. Business Segment & Geographic Overview
11.3.1.4. Key Financials
11.3.1.5. Key Market Developments
11.3.1.6. Key Market Strategy
11.3.2. Beijing Yanjing Beer Group Corporation
11.3.3. The Wine Group
11.3.4. Castel Frères
11.3.5. Accolade Wines
11.3.6. Constellation Brands
11.3.7. Treasury Wine Estates (TWE)
11.3.8. Pernod Ricard
11.3.9. E. & J. Gallo Winery
11.3.10. Viña Concha y Toro