Wine - Global Strategic Business Report

The global market for Wine is estimated at US$385.0 Billion in 2023 and is projected to reach US$528.3 Billion by 2030, growing at a CAGR of 4.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the wine market is driven by several factors. The increasing disposable incomes and growing middle-class populations in emerging markets such as China and India have expanded the consumer base for wine. Younger consumers, particularly millennials, are showing a preference for premium and artisanal products, driving demand for high-quality wines. This demographic values authenticity and unique experiences, often favoring wines with a story or heritage behind them. The trend towards experiential consumption has led to a rise in wine tourism, with regions like Napa Valley, Tuscany, and Bordeaux becoming popular destinations for wine enthusiasts. These regions offer immersive experiences, such as vineyard tours, tastings, and wine-making workshops, attracting tourists and boosting local economies. Health trends are also influencing the market, with moderate wine consumption being promoted for its potential health benefits, particularly red wine, which is often cited for its antioxidants and potential heart health benefits. Additionally, the industry`s focus on innovation, including the development of low-alcohol and alcohol-free wines, is attracting health-conscious consumers who enjoy the flavor of wine without the effects of alcohol. The impact of climate change is prompting winemakers to explore new regions and grape varieties, further diversifying the market. Warmer temperatures are making traditional wine-growing regions less viable, leading to the cultivation of vineyards in cooler climates and higher altitudes.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Still Wine segment, which is expected to reach US$273.7 Billion by 2030 with a CAGR of a 4.5%. The Sparkling Wine segment is also set to grow at 4.9% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $101.5 Billion in 2023, and China, forecasted to grow at an impressive 7.2% CAGR to reach $116.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Wine Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Wine Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Wine Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Accolade Wines Australia Ltd., Bacardi Ltd., Brown-Forman Corp., and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 398 Featured):

• Accolade Wines Australia Ltd.
• Bacardi Ltd.
• Brown-Forman Corp.
• Cantine Riunite & CIV S.C.Agr.
• Castel Group
• Caviro s.c.a
• Codorníu S.A.
• Constellation Brands Inc.
• E. & J. Gallo Winery
• Freixenet S.A.
• Grupo Peñaflor S.A.
• Gruppo Italiano Vini S.P.A.
• Henkell & Co. Sektkellerei KG
• J. García Carrión S.A
• LANSON-BCC
• LVMH Moët Hennessy Louis Vuitton S.E.
• Miguel Torres S. A
• Pernod Ricard Groupe
• Remy Cointreau Group
• The Wine Group LLC
• Treasury Wine Estates Ltd.
• Vina Concha y Toro S.A.