Exploring Wine Market Opportunity, Latest Trends, Demand, and Development By 2030- MarkNtel Advisors
According to Markntel Advisors Report, Wine Market is expected to grow at a significant growth rate, and the analysis period is 2024-2030, considering the base year as 2023.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Wine, an
alcoholic drink commonly produced using fermented grapes or other fruits, holds
a prominent place in the world's history and is widely consumed to this day.
The fundamental wine-making process involves crushing fruit into juice which is
then transformed through yeast fermentation, converting sugars within it into
carbon dioxide and alcohol.
Global Wine Market
Research Report & Summary:
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.
Time
Period Captured in the Report:
·
Historical
Years: 2019-22
·
Base
Years: 2023
·
Forecast
Years: 2024-30
Who are the Key Players Operating in
the Wine Market?
The top
companies of the Wine Market ruling the industry are:
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.)
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What is Included in Wine Market
Segmentation?
The Wine Market explores the industry by
emphasizing the growth parameters and categorizes including geographical
segmentation, to offer a comprehensive understanding of the market
dynamic. The further bifurcations are as
follows:
-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)
-By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
Explore the Complete Wine Market Analysis Report – https://www.marknteladvisors.com/research-library/wine-market.html
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..
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Why Markntel Advisor Report?
MarkNtel Advisors is a leading consulting, data
analytics, and market research firm that provides an extensive range of
strategic reports on diverse industry verticals. We being a qualitative &
quantitative research company, strive to deliver data to a substantial &
varied client base, including multinational corporations, financial
institutions, governments, and individuals, among others.
We have our existence across the market for
many years and have conducted multi-industry research across 80+ countries,
spreading our reach across numerous regions like America, Asia-Pacific, Europe,
the Middle East & Africa, etc., and many countries across the regional
scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil,
and several others.
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Queries:
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