As per a detailed report on the global white wine market by Fact.MR, sales of white wine across the world increased at a CAGR of 4.9% between 2018 and 2022 to reach US$ 38.93 billion. Looking ahead, the global market is forecasted to expand steadily at a CAGR of 5.1% and reach a valuation of US$ 67.29 billion by 2033-end.
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global White Wine market. The report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.
Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the report elaborates the market behavior of each vendor operating in the White Wine market.
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Key findings of the White Wine market study:
- Regional breakdown of the White Wine market based on predefined taxonomy.
- Innovative manufacturing processes implemented by White Wine vendors in detail.
- Region-wise and country-wise fragmentation of the White Wine market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global White Wine market.
Key Companies Profiled
- Screaming Eagle
- Harlan Estate
- Marchesi Antinori
- Louis Roederer
- Penfolds
- Constellation Brands, Inc,
- Treasury Wine Estates.
- The Wine Group,
- Grupo Penaflor S.A
Competitive Landscape
Due to numerous domestic and international businesses that operate in different countries, the wine market is extremely competitive. E. & J. Gallo Winery, Constellation Brands Inc., and The Wine Group LLC are the market’s leading businesses. Due to their vast range of wine prices, these businesses control a sizable portion of the industry.
Every region has several domestic competitors with strong distribution networks, therefore multinational companies aiming to increase their market share tend to acquire them. Another important approach that businesses are implementing is the creation of new products, as product diversification broadens the consumer base.
- One of the oldest properties in Bordeaux, France, Château Lanessan was officially acquired by Treasury Wine Properties Ltd .in October 2022. The acquisition is the most recent step in expanding Penfold’s line of multi-regional luxury wines.
- In Mach 2022, Pernod Ricard and the Fayard family confirmed the signing of a contract for the takeover of a majority stake in Château Sainte Marguerite by Pernod Ricard to complete its portfolio of high-end wines.
Key Segments of White Wine Industry Research
- By Product Type :
- Reisling
- Gewürztraminer
- Chardonnay
- Sauvignon Blanc
- Chenin Blanc
- Grüner Veltliner
- Moscato
- Pinot Grigio
- By Sales Channel :
- Modern Trade
- Grocery Stores
- Convenience Stores
- e-Commerce
- By Body Type :
- Light Bodied
- Medium Bodied
- Full Bodied
- By Sweetness Level :
- Dry
- Semi-sweet
- Sweet
- By Region :
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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Queries addressed in the White Wine market report:
- Why are the White Wine market players targeting region for increased product sales?
- What patented technologies are the players utilizing in the global White Wine market?
- Which regions are displaying the fastest growth in the White Wine market?
- What are the underlying micro- macroeconomic factors affecting the global White Wine market?
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