Global Wine Market Analysis (2022-2027): Top Companies
The latest research study “Wine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, reveals that the size of the global wine market reached US$430.54 billion in 2021 Looking ahead, IMARC Group expects the market to reach a value of US$605.22 billion by 2027, posting a CAGR of 5.70% during the period 2022-2027.
Impact of Covid-19:
As the novel coronavirus (COVID-19) crisis engulfs the world, we continuously monitor changes in markets, as well as industry consumer behaviors around the world and our estimates on the latest market trends and forecasts are made. after considering the impact of this pandemic.
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Industry definition and application:
Wine is an alcoholic beverage obtained from fermented grapes. It can be of different types, such as still wine, sparkling wine, fortified wine, etc. Wine variants include water, acids, alcohol, sugar, aromatics, tannins, calcium carbonate, potassium sorbate, sulfur dioxide, and potassium metabisulphite. They are widely used for eating and cooking purposes as they enhance the flavor and color of finished dishes. Wine drinks are a rich source of antioxidants and help manage bad cholesterol, reduce cancer risk and prevent cell damage. As a result, they are in high demand by consumers all over the world.
Global wine market trends and drivers:
The growing premiumization of products in the food and beverage (F&B) sector and the growing inclination of buyers towards new, exotic flavors are primarily driving the global wine market. Moreover, strategic collaborations among key players to launch several new variants including cannabis-infused wines to meet the changing preferences of the masses are acting as significant growth factors.
Furthermore, the increasing adoption of Western cultures and the emerging trend of alcohol socialization among global consumers are also positively influencing the growth of the market. Apart from this, the growing popularity of e-commerce channels for purchasing alcohol is expected to increase the wine market over the forecast period.
Analysis and segmentation of the global wine market 2022-2027:
The competitive landscape of the market has been studied in the report with the detailed profiles of the major players operating in the market.
Some of these major key players include:
Accolade Wines, Asahi Group Holdings Ltd., Bacardi Limited, Bronco Wine Company, Castel Frères, Chapel Down Group PLC, Constellation Brands Inc., E. & J. Gallo Winery, Foley Family Wines, Pernod Ricard, The Wine Group and Treasury Wine Estates Limited.
Ask the analyst for a customization and explore the full report with table of contents and list of figures: https://www.imarcgroup.com/wine-market
The report has segmented the market based on region, product type, color, and distribution channel.
Breakdown by product type:
• Still wine
• Sparkling wine
• Fortified wine and vermouth
Breakdown by color:
• Red wine
• Rosé wine
• White wine
Breakdown by distribution channel:
• Off trade
o Supermarkets and Hypermarkets
o Specialty stores
o Online shops
• On the spot
Breakdown by region:
• North America: (United States, Canada)
• Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, others)
• Middle East and Africa
If you want the latest primary and secondary data (2022-2027) with cost module, business strategy, distribution channel, etc. Click request a free sample report, the published report will be emailed to you in PDF format within 24-48 hours of receipt. full payment.
Main highlights of the report:
• Market performance (2016-2021)
• Market Outlook (2022-2027)
• Porter’s five forces analysis
• Market drivers and success factors
• SWOT analysis
• Value chain
• Complete mapping of the competitive landscape
If you need specific information that is not currently covered in the report, we can provide it to you as part of the customization.
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