Sparkling Wine (Wines) Market in the United Arab Emirates - Outlook to 2024
Posted by arshiyashaikh on January 6th, 2021
Market Reports on Saudi Arabia Provides the Trending Market Research Report on “Sparkling Wine (Wines) Market in the United Arab Emirates - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)” under Beverages category. The Sparkling Wine (Wines) Market in the United Arab Emirates is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.
Sparkling Wine (Wines) Market in United Arab Emirates - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) is a broad level market review of Sparkling Wine market in United Arab Emirates.
Sparkling Wine - A wine made effervescent by carbon dioxide gas, introduced artificially or produced naturally by secondary fermentation includes champagne and cava.
Sparkling Wine market in United Arab Emirates registered a positive compound annual growth rate (CAGR) of 10.42% during the period 2014 to 2019 with a sales value of AED 662.73 Million in 2019, an increase of 12.66% over 2018. The market achieved its strongest performance in 2018, when it grew by 14.83% over its previous year and its weakest performance in 2015, when it increased to 6.56% over 2014. The fastest growing segment of the Sparkling Wine market in United Arab Emirates between the year 2014 and 2019 was Other Sparkling Wine which registered a CAGR of 26.18%. The weakest performing segment of the market was Champagne with a CAGR of 4.29%. In 2019 Champagne segment in United Arab Emirates Sparkling Wine market accounted for a major share of 59.04%, while Other Sparkling Wine stood in second position representing 40.30% of the market’s 2019 share.
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The research handbook provides up-to-date market size data for period 2014-2019 and illustrative forecast to 2024 premised on Covid-19 hit, covering key market aspects like Sales Value and Volume for Sparkling Wine and its variants Cava, Champagne, Prosecco & Other Sparkling Wine.
Furthermore, the research handbook details overall market sales by Distribution Channel (Dollar Stores, Variety Store & General Merchandise Retailers, Cash & Carries and Warehouse Clubs, Convenience Stores & Gas Stations, Department Stores, Drug Stores & Pharmacies, Chemists/Pharmacies, Parapharmacies/Drugstores, eRetailers, Food & Drinks Specialists, Health & Beauty Stores, Hypermarkets & Supermarkets, Direct Sellers, Others, On Trade, Vending Machines, Other Specialist Retailers, Tobacco Specialists) where ever applicable.
Due to on going large scale uncertainties in the market due to COVID-19 pandemic, the research handbook acts as an essential tool for companies active or planning to venture in to United Arab Emirates's Sparkling Wine (Wines) market. The comprehensive statistics within the research handbook provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting.
Sales Values in the handbook are depicted in USD ($) and local currency of country and Volumes are represented in M Liters.
*Note: Certain content / sections in the research handbook may be removed or altered based on the availability and relevance of data.
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Joined: February 5th, 2019
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