New York, Global Wine Market Report by Global Insight Services is the single and trusted source of information for the Wine Market. This report provides an analysis of the market impact of the latest market disruptions such as the Russian-Ukraine War and Covid-19. The report provides a qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. The report includes in-depth segmentation and market size data by category, product type, application, and region. The report also includes a comprehensive analysis of recent events such as key issues, trends and drivers, restraints and challenges, competitive landscape, and M&A activity in the market.
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Global Wine market size is estimated to be more than $425bn in 2021 and expected to increase at the rate of more than 6% over the forecast period.
Key Players
- E. & J. Gallo Winery
- The Wine Group
- Constellation Brands
- Treasury Wine Estates
- Ste. Michelle Wine Estates
- Pernod Ricard
- Brown-Forman
- Castel
- Beijing Yanjing Beer Group Corporation
- Accolade Wines
- Vina Concha y Toro
- Cavit
Key Drivers
One of the key drivers has been the increasing popularity of wine among millennials. This demographic is increasingly interested in wine, with many seeking out new and interesting varieties.
Another driver has been the growth of the online wine market. More and more consumers are buying wine online, often from specialist retailers. This has made it easier for consumers to find wines that suit their taste and budget.
Finally, the wine industry has benefited from a general trend towards more premium wines. Consumers are increasingly willing to spend more on wine, particularly if it is seen as a special occasion purchase. This has helped to drive up average prices and margins in the wine market.
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Market Segments
By Product
- Table Wine
- Dessert Wine
- Sparkling Wine
By Distribution Channel
- Online
- Superstores
- Specialty Stores
- Grocery Stores
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- A 10-year forecast to help you make strategic decisions
- Deep segmentation that can be customized according to your requirements
- Free consultation with the chief analyst of the report
- Excel data pack included with every report purchase
- Robust and transparent research methodology
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Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, USA. We are committed to providing the highest quality data, analytics and tools to meet all of our clients’ market research needs. With GIS, you can be assured of the quality of your results, robust and transparent research methodology, and excellent service.
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