Wine Market : Future Demand, Market Analysis & Outlook to 2024

Page 1

WINE MARKET GLOBAL INDUSTRY ANALYSIS, TRENDS, MARKET SIZE AND FORECASTS UP TO 2024


Wine Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

Š Infinium Global Research

Page 2


Wine Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

Introduction Report Description

The Global Wine Market was sized near USD X.X billion in 2018. The global wine market is projected to grow with a CAGR of 3.5% during 2018-2024. Wine is an alcoholic beverage made up with grapes juice by fermentation process. Technically, wine can be made from any fruit juice; however, most wines are made up with grapes. This fragmentation process is done without addicting additional sugar, water or other nutrients. During fermentation process yeast consumes the sugar in the grapes and produces alcohol and Carbone dioxide. Yeast exits naturally in the grapes which is why fragmentation occurs naturally. The test of wine depend on the factors such as grapes variety ,fragmentation time ,fragmentation container (could be wood or steel) as well as there are some geographical factors that affects the test of wine like soil type, weather condition, farming techniques. This report estimates the market size of wine market in terms of value (USD million) over the period of 2016 to 2024.The year 2016 is considered to be a base year, and 2018 to 2024 is considered to be a forecast period. Moreover, the market sizes for wine market in numerous End Use is estimated in terms of value. This market research study provides detailed qualitative and quantitative analysis of the global wine market. Additionally, the report provides a comprehensive review of the major market drivers, restraints, opportunities in the global as well as regional markets of wine market. The market analysis covers major geographic regions, such as North America, Europe, Asia-Pacific and Rest of the World (RoW). The market size and forecasts are also given for these regions. Countries with major market revenues are covered for each of the region. Furthermore, this report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of wine market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the global wine market that will impact the demand during the forecast period. The IGR- Growth Matrix analysis provided in this report highlights key investing markets in the world. This report will help manufacturers, suppliers and distributors to Š Infinium Global Research

Page 3


Wine Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

understand the present and future trends in this market and formulate their strategies accordingly. SEGMENTATION AND RESEARCH SCOPE WINE MARKET SEGMENTATION

WINE MARKET

Product type

 Fortified Wine  Sparkling Wine  Still Wine

Region

Distribution Channel

 Convenience Stores  On-trade  Specialist Retailers  Super-markets and Hypermarkets

    

North America Europe Asia Pacific Latin America RoW

The report on global wine market covers segments such as, product type and distribution channel. On the basis of product type the global wine market is categorized into fortified wine, sparkling wine and still wine. On the basis of distribution channel the global wine market is categorized into convenience stores, on-trade, specialist retailers and supermarkets and hypermarkets.

For More Details Get Free Sample Pages of this Report @ https://www.infiniumglobalresearch.com/reports/sample-request/1211

© Infinium Global Research

Page 4


Wine Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

Research Methodology Methodology

Infinium Global Research published reports are based on extensive primary and secondary research methods. The research begins with extensive exploration through secondary sources followed by primary research.

Research Methodology: An Outline

Primary source of the information and data include  Industry Experts/consultants  Top level executives in the key market players  Subject matter experts  Academicians and research scholars

PRIMARY RESEARCH

Secondary sources of the information and data include  Company annual reports  Government/institutional publications  Trade and associations journals  Databases  Websites and publications by research agencies  Others

SECONDARY RESEARCH

© Infinium Global Research

Page 5


Wine Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

RESEARCH APPROACHES- BOTTOM UP BOTTOM-UP APPROACH

Arriving at Global Market Size

 

Accumulation of the country level market size (value) Regional market size of wine market its product type and distribution channel.

Market Share of Key Players

 

Segment revenue of the key players Country level market size by product type and distribution channel.

Identifying key players in the of wine market

 

Accumulation of the regional/country market size (value) Global market size of product type and distribution channel.

Key Market Players

Arriving at Regional/Country Market Size

RESEARCH APPROACHES- TOP-DOWN Global Market

Market Segments

Determine the Regional Market Size Country Level Market Sizing

 

Global market size of wine market Value for 2016 to 2024

% breakdown by market segments by product type and distribution channel Value for 2016 and 2024

  

Regional market size of the wine market (value) Regional market size of product type and distribution channel

Country level market size of the wine market in every region (value) Country level market size of product type and distribution channel

TOP-DOWN APPROACH

© Infinium Global Research

Page 6


Wine Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

The study on global wine market provides deep insights into the trends and opportunities in the market for the forecast period 2018 to 2024. Moreover, the market estimates are provided in terms of revenue in USD million. Furthermore, the research covers the analysis of the various segments in the global Wine Market. The estimates in the global wine market are based on both bottom-up and top-down approaches. In the bottom-up approach the revenues of the key players are determined and added to arrive at country or regional markets size. The country market sizes added to arrive at the regional market size. Further, the market size of the regions is added to arrive at the global market size of Wine Market. In the top-down approach the global market size is estimated based on the secondary research and historic data. Using this approach the regional market size is obtained by splitting the global number by percentage share of each region such as North America, Europe, Asia-Pacific and RoW. The regional market was then divided as per the market share of the devices and category. Executive Summary Global Wine Market Highlights, (USD Million)

The global wine market is expected to grow at a CAGR of 3.5% between 2018 and 2024 in terms of value. The global wine market is driven by factors such as increasing demand for low-alcohol content beverages, rising consumption of red wine among females, expansion of bars, restaurants and night parties. Furthermore, growing demand from emerging economics as well as health advantage of wine such as low risk of heart diseases over the other alcoholic beverages are expected to escalate the market growth. However, excessive consumption of wine may produce ill-effect to the human body. Moreover, the cost of wine is also high, these aspects considered to be the retainers of the market growth. Furthermore, currently trending innovation in packaging for gifting purpose is gaining consumers’ interest towards wine which in turn is expected to create several opportunities for the companies work in wine market. Among the product type Sparkling Wine dominated the wine market. This segment is expected to generate massive demands for wine due to its lower alcohol content Š Infinium Global Research

Page 7


Wine Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

The leading players in the global wine market include Accolade Wines, Constellation Brands, E. & J. Gallo Winery, Concha y Toro, Bacardi Limited, Caviro, Pernod Ricard, Treasury Wine Estates, Grupo Penaflor and The Wine Group. GLOBAL WINE MARKET, 2016 – 2024 (USD MILLION)

2016

2017

2018

2019

2020

2021

2022

2023

2024

Value

Wine market is expected to experience rapid growth globally. The global wine market is driven by factors such as increasing demand for low-alcohol content beverages, rising consumption of red wine among females, expansion of bars, restaurants and night parties. Furthermore, growing demand from emerging economics as well as health advantage of wine such as low risk of heart diseases over the other alcoholic beverages are expected to escalate the market growth GLOBAL WINE MARKET, CAGR (USD MN) GROWTH BY REGIONS (2018 – 2024)

XXX.X XXX.X

XXX.X XXX.X

2018

2018 2024

2024

XXX.X XXX.X

2018

2024

XXX.X XXX.X

2018

© Infinium Global Research

2024

Page 8


Wine Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2018 – 2024. Market Overview & Competitiveness DRO Analysis

DRO stands for drivers, restraints and opportunities. The DRO analysis involves, identifying the factors that are likely to have impact on the global Wine Market. It covers analysis of short term and long term impact of drivers and restraints. Through this analysis both short term and long term opportunities are identified. These opportunities present the investment options and new markets for the market players in the Wine Market. Drivers refer to the factors that are expected to drive or boost the market size or demand for chatbots. The analysis involves identification of both demand side and supply side factors that drive the demand as well as environmental factor that favor the market conditions for growth of Wine Market both in short run and long run. DRIVERS OF WINE MARKET, IMPACT ANALYSIS SHORT TERM IMPACT

DRIVERS

MID TERM IMPACT

LONG TERM IMPACT

Driver 1 Driver 2 Driver 3

HIGH

MEDIUM

LOW

Get 15% discount for early purchase of global Wine market report by clicking the following link, use code igrd15 to request the discount in the given form @ https://www.infiniumglobalresearch.com/reports/request-discount/1211

Š Infinium Global Research

Page 9


Wine Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

RESTRAINTS OF WINE MARKET, IMPACT ANALYSIS SHORT TERM IMPACT

RESTRAINTS

MID TERM IMPACT

LONG TERM IMPACT

Restraint 1

Restraint 2

HIGH

MEDIUM

LOW

IGR- Growth Matrix Analysis

Growth matrix developed by Infinium Global Research, also known as IGR-Growth Matrix helps understand the market situation of the business segments. It helps identify the most attractive segment for the investment purpose and helps the companies to make better decisions in strategy making. The IGR- Growth Matrix presents the zones that define the position of the Distribution Channel segment and Device segment or region based on the market size, growth anticipated and the growth factors & historic growth. Following are the zones that IGR- Growth Matrix considers  Risky Zone: Low market size and low growth rate. Investment in this segment is risky  Retention Zone: High market size and low growth rate, the companies operating in this segment should retain their investments in this segment. Companies may focus on extensive Convenience Stores and advertisements  Consolidation zone: High growth rate and high market size, the companies operating in the segments that have high market size and high growth should focus on consolidating their market position in these segment. Mergers and acquisitions, extensive Convenience Stores programs, and new Distribution Channel developments can be used as Convenience Stores strategies to consolidate the market in these segments.  Opportunity Zone: High growth low market size © Infinium Global Research

Page 10


Wine Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

 Safe Zone: Moderate growth and moderate market size. IGR- GROWTH MATRIX ANALYSIS Growth Rate

Opportunity Zone

Consolidation Zone

High

Low

Risky Zone

Retention Zone Market Size Low

High North America

Europe

Asia-Pacific

RoW

GLOBAL WINE MARKET BY PRODUCT TYPE, 2017 - 2024 (% SHARE) 2017

2024 Fortified Wine

Sparkling Wine

Still Wine

© Infinium Global Research

Page 11


Wine Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

GLOBAL WINE MARKET BY PRODUCT TYPE, 2016 - 2024 (USD MILLION)

2016

2017 Fortified Wine

2018 Sparkling Wine

2024 Still Wine

GLOBAL FORTIFIED WINE BY REGIONS, 2016 - 2024 (USD MILLION)

2016

2017 North America

© Infinium Global Research

2018 Europe

Asia-Pacific

2024 RoW

Page 12


Wine Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

GLOBAL SPARKLING WINE BY REGIONS, 2016 - 2024 (USD MILLION)

2016

2017 North America

2018 Europe

Asia-Pacific

2024 RoW

GLOBAL STILL WINE BY REGIONS, 2016 - 2024 (USD MILLION)

2016

2017 North America

© Infinium Global Research

2018 Europe

Asia-Pacific

2024 RoW

Page 13


Wine Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

GLOBAL WINE MARKET BY REGION, 2017 - 2024 (% SHARE) 2024

2017

North America

Europe

Asia-Pacific

RoW

GLOBAL WINE MARKET BY REGION, 2016 - 2024 (USD MILLION)

2016

2017 North America

© Infinium Global Research

2018 Europe

Asia-Pacific

2024 RoW

Page 14


Wine Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

Company Profiling Next It Corporation Company Snapshot

Accolade Wines CONTACT DETAILS: Address: Accolade House The Guildway Artington Guildford, GU3 1LR United Kingdom Tele: 44 14 8369 Website:www.accolade-wines.com/Europe

KEY FEATURES: No. of Employees: xx No. of countries of operation: xx

SWOT ANALYSIS: STRENGHTS  Sample text  Sample text

OPPORTUNITIES  Sample text  Sample text

WEAKNESS  Sample text  Sample text

THREATS  Sample text  Sample text

PRODUCT PORTFOLIO:  Product 1  Product 2  Product 3

Browse Detailed Description and Company Mentioned in this Report @ https://www.infiniumglobalresearch.com/food-beverage/global-wine-market

© Infinium Global Research

Page 15


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.