Wine Market - Comprehensive Coverage of Underlying Economic and Technological

Posted by nileshdbmr on February 3rd, 2020

Global wine market is expected to reach a healthy CAGR of 7.1 % in the forecast period 2019 to 2026. The new market report contains data for historic years 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.The Wine making process involves picking fresh grapes, sorting, De-stemmed and crushing, Placing must (crushed grapes) into a vat with (red) or without skins (white), Fermentation process that takes 4- 20 days, Pressed into barreled and aged filtered bottle.

Wine is derived from grapes by the process of fermentation where sugar and yeast combines and produces alcohol and carbon dioxide. The process of fermentation with an availability of sugar and yeast gives around 15.0% of alcohol. Three major types of wine are available in the market and they are table, sparkling wine and fortified wine.

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Competitive Analysis: Global Wine Market

Some of the prominent participants operating in this market are Accolade Wines, The Wine Group, Davide Campari-Milano S.p.A., E. & J. Gallo Winery, Constellation Brands, Inc., John Distilleries, India, Castel Group,  CDV · Compagnia del Vino, AMVYX,  BACARDI, Pernod Ricard, TREASURY WINE ESTATES, Caviro, Miguel Torres S. A., Concha y Toro, Sula Vineyards Pvt. Ltd., Chapel Down and others.

Segmentation: Global Wine Market

Global wine market is segmented into six notable segments which are type, colour, product type, packaging, body type and distribution channel.

• On the basis of type, the market is segmented into still wines, sparkling wines, fortified wines and others. In 2019, still wines segment is expected to grow at the CAGR of 7.0% in the forecast period of 2019 to 2026. However, sparkling wines segment is growing with highest CAGR 8.0% in the forecast period of 2019 to 2026.
• On the basis of colour, the market is segmented into red wine, white wine, rose wine and others. In 2019, red wine segment is expected to grow at the CAGR of 7.30% in the forecast period of 2019 to 2026. However, white wine segment is growing with highest CAGR 7.33% in the forecast period of 2019 to 2026.
• On the basis of product type, the market is segmented into flavoured and unflavoured. In 2019, unflavoured segment is expected to grow at the highest CAGR of 7.4% in the forecast period of 2019 to 2026.
• On the basis of packaging type, the market is segmented into bottles, cans and others. Bottles segment is sub-segmented into glass and plastic. In 2019, bottles segment is expected to grow at the CAGR of 6.9% in the forecast period of 2019 to 2026. However, can segment is growing with highest CAGR 7.9% in the forecast period of 2019 to 2026.
• On the basis of body type, the market is segmented into light-bodied, medium-bodied and full-bodied. In 2019, full-bodied segment is expected to grow at the highest CAGR of 7.2% in the forecast period of 2019 to 2026.
• On the basis of distribution channel, the market is segmented into off trade and on trade. The on trade is sub segmented into specialty stores, online retailers and others. In 2019, off trade segment is expected to grow at the highest CAGR of 7.2% in the forecast period of 2019 to 2026.

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Key Insights in the report:

• Complete and distinct analysis of the market drivers and restraints
• Key Market players involved in this industry
• Detailed analysis of the Market Segmentation
• Competitive analysis of the key players involved

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