MarkNtel Advisors, a leading market research firm, has showed its latest study titled “Global Wine Market“, offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Global Wine Market: 2024-2030
The Global Wine Market size was valued at USD 336.03 billion in 2023 & is projected to reach USD 462.2 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.64% during the forecast period, i.e., 2024-30.
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Global Wine Market Driver:
Rising Wine Tourism Boosting the Market Expansion – The trend of wine tourism has gained popularity among consumers who are seeking educational and immersive experiences related to the production and culture surrounding wine. This involves visiting vineyards in wine-producing regions, participating in tastings, and discovering more about winemaking processes. The hotspots for wine enthusiasts comprise conventional winemaking regions such as France, Italy, Spain, and America alongside upcoming New World vineyards. Hence, this leads to the direct sales of wines to the consumers as they purchase the bottle of wines they’ve tasted.
Further, wine tourism results in increasing brand awareness among the consumers leading to future purchases. Also, the execution of numerous wine events across the globe has impacted the growth of the Wine Market. The participation of enthusiasts, novices, and industry experts in these events leads to awareness and exposure to new flavors and brands. Therefore, this results in a positive impact on the Global Wine Market.
Global Wine Market Segmentation:
The Global Wine Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Type
-Still Light Grape Wine- Market Size & Forecast 2019-2030, (Million Liters)
-Still White Wine- Market Size & Forecast 2019-2030, (Million Liters)
-Still Rose Wine- Market Size & Forecast 2019-2030, (Million Liters)
-Still Red Wine- Market Size & Forecast 2019-2030, (Million Liters)
-Sparkling Wine- Market Size & Forecast 2019-2030, (Million Liters)
-Champagne- Market Size & Forecast 2019-2030, (Million Liters)
-Prosecco- Market Size & Forecast 2019-2030, (Million Liters)
-Cava- Market Size & Forecast 2019-2030, (Million Liters)
-Others (Asti Spumante, Crémant, etc.)- Market Size & Forecast 2019-2030, (Million Liters)
Non-Grape Wine- Market Size & Forecast 2019-2030, (Million Liters)
-Rice Wine- Market Size & Forecast 2019-2030, (Million Liters)
-Plum Wine- Market Size & Forecast 2019-2030, (Million Liters)
-Others (Dandelion wine, etc.)- Market Size & Forecast 2019-2030, (Million Liters)
-Fortified Wine- Market Size & Forecast 2019-2030, (Million Liters)
-Port- Market Size & Forecast 2019-2030, (Million Liters)
-Sherry- Market Size & Forecast 2019-2030, (Million Liters)
-Vermouth- Market Size & Forecast 2019-2030, (Million Liters)
-Others (Madeira, Marsala, etc.)- Market Size & Forecast 2019-2030, (Million Liters)
By Distribution Channel
-On-Trade- Market Size & Forecast 2019-2030, (Million Liters)
-Off-Trade- Market Size & Forecast 2019-2030, (Million Liters).
Geographical Analysis into the Global Wine Market:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Landscape and Global Wine Market Share Analysis:
The competitive landscape of the Global Wine Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
E & J Gallo, Constellation Brands, The Wine Society, Treasury Wine Estates, Vina Concha Y Toro, Castel Freres, Accolade Wines, Pernod Ricard, Grupo Penaflor, Fecovita Co-Op, Scout and Cellar, Miller Family Wine Company, Boisset Collection, Kendall-Jackson Wine, Bacardi Limited (Martini Brand), Others (VineOh, Australian Vintage Ltd., etc.).
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
- What factors are driving the Global Wine Market growth?
- How is the Global Wine Market expected to grow over the next five years?
- What are the key insights into the current trends in the Global Wine Market?
- What is the current size of the Global Wine Market, and how is it projected to change in the future?
- What is the future outlook for the Global Wine Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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