100+ datasets found
  1. Volume of sparkling wine consumption in India 2016-2025

    • statista.com
    Updated Jun 27, 2024
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    Statista (2024). Volume of sparkling wine consumption in India 2016-2025 [Dataset]. https://www.statista.com/statistics/1352974/india-sparkling-wine-consumption/
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    Dataset updated
    Jun 27, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    India
    Description

    Over one million liters of sparkling wine was consumed in the South Asian country of India in 2022. The consumption volume of sparkling wine was estimated to rise to about two million liters by 2025.

  2. Ice Wine Market Report | Global Forecast From 2025 To 2033

    • dataintelo.com
    csv, pdf, pptx
    Updated Jan 7, 2025
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    Dataintelo (2025). Ice Wine Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/global-ice-wine-market
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    csv, pptx, pdfAvailable download formats
    Dataset updated
    Jan 7, 2025
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Ice Wine Market Outlook



    The global ice wine market size was valued at USD 1.2 billion in 2023 and is projected to reach USD 2.3 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.1% during the forecast period. The growth of the ice wine market is primarily driven by the increasing consumer preference for premium wines, the rising awareness about the unique taste and texture of ice wines, and the expanding distribution networks that make these specialty wines more accessible to a broader audience.



    The growing disposable income of consumers across various regions has significantly contributed to the increased spending on luxury and premium beverages, including ice wine. This trend is more pronounced in developed countries where the standard of living is high. Additionally, the burgeoning middle class in emerging economies is also showing a growing inclination towards sophisticated and high-quality alcoholic beverages. This demographic shift is providing a substantial boost to the ice wine market. Moreover, the rising popularity of wine tourism and the increasing number of wine festivals are also playing a crucial role in driving the demand for ice wine.



    Another significant growth factor for the ice wine market is the expanding retail landscape. Supermarkets, hypermarkets, and specialty stores are increasingly dedicating shelf space to premium and specialty wines, including ice wine. The proliferation of online wine stores is also making it easier for consumers to access a variety of ice wines from different regions, thus driving market growth. Additionally, the role of social media and online reviews in influencing consumer preferences cannot be understated. Positive reviews and the social media buzz around ice wine are encouraging more consumers to try this unique beverage.



    The advancements in winemaking techniques and the adoption of innovative fermentation processes are enhancing the quality of ice wines, making them more appealing to consumers. Winemakers are increasingly investing in technology and research to improve the yield and flavor profile of ice wines. This focus on quality and innovation is expected to attract more consumers and drive market growth. Furthermore, the favorable climatic conditions in certain regions are also contributing to the production of high-quality ice wines, thereby supporting market expansion.



    Regionally, North America and Europe are the leading markets for ice wine, owing to the presence of various established wineries and the high consumer demand for premium wines. North America, particularly Canada, is one of the largest producers of ice wine, thanks to its cold climate, which is ideal for ice wine production. Europe, with its rich winemaking heritage and favorable climatic conditions in countries like Germany and Austria, also holds a significant share of the global ice wine market. The Asia Pacific region is expected to witness substantial growth during the forecast period, driven by the rising disposable income and growing wine consumption in countries like China and Japan.



    In addition to the traditional varieties of ice wine, there is an emerging interest in Blueberry Wine, which is capturing the attention of wine enthusiasts. Blueberry Wine, made from fermented blueberries, offers a unique flavor profile that combines the tartness of the fruit with a subtle sweetness, making it an intriguing alternative to grape-based wines. This type of wine is gaining popularity due to its distinctive taste and potential health benefits, as blueberries are rich in antioxidants. The production of Blueberry Wine is often seen in regions where blueberries are abundant, providing a local twist to the traditional winemaking process. As consumers become more adventurous in their wine choices, the demand for fruit wines like Blueberry Wine is expected to grow, adding diversity to the wine market.



    Product Type Analysis



    In the ice wine market, product type plays a crucial role in determining consumer preferences and purchase decisions. The primary product types in this market include red ice wine, white ice wine, and other varieties. Each type has its unique characteristics and appeal, catering to different consumer segments. Red ice wine, known for its robust flavor and rich color, is gaining popularity among wine enthusiasts who prefer a more intense taste. The production of red ice wine is relatively more challenging due to the delicate nature of red grape varieties, which require precise climatic conditi

  3. Sparkling Wine Market Report | Global Forecast From 2025 To 2033

    • dataintelo.com
    csv, pdf, pptx
    Updated Dec 3, 2024
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    Dataintelo (2024). Sparkling Wine Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/global-sparkling-wine-market
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    csv, pptx, pdfAvailable download formats
    Dataset updated
    Dec 3, 2024
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Sparkling Wine Market Outlook



    The global sparkling wine market size was valued at approximately USD 35 billion in 2023 and is expected to grow robustly to reach USD 58 billion by 2032, exhibiting a steady compound annual growth rate (CAGR) of 6%. This impressive growth trajectory is primarily attributed to increasing consumer preference for premium alcoholic beverages, rising disposable incomes, and the expanding popularity of sparkling wine across various social and celebratory occasions. With an influx of innovative flavors and sustainable production practices, the market is poised to achieve significant expansion over the coming years.



    One of the primary growth factors driving the sparkling wine market is the shifting consumer lifestyle towards premiumization and quality over quantity. As consumers become more sophisticated in their taste preferences, there is a rising trend towards exploring premium and luxury beverages, including sparkling wines. This trend is especially prevalent among millennials and Generation Z, who are known for their willingness to spend on experiences and quality products. Furthermore, the cultural acceptance of wine as a staple in modern dining and casual settings is fueling its demand across various segments. These shifts in consumer behavior are supported by increased marketing and promotional activities by wineries and distributors that aim to highlight the unique qualities and origins of sparkling wines.



    Moreover, the commercialization of wine tourism is another significant factor contributing to the market's growth. Wine-producing regions across the world are capitalizing on the increasing interest in wine tourism, offering consumers an immersive experience in wine tasting and production. This has not only enhanced consumer engagement but also boosted the direct sales of sparkling wines. Tasting events, wine festivals, and vineyard tours provide consumers with the knowledge and expertise to appreciate different varieties of sparkling wines, thus broadening their consumption base. Additionally, the proliferation of wine clubs and online platforms dedicated to wine enthusiasts is enhancing consumer awareness and accessibility, further driving market growth.



    Technological advancements in viticulture and winemaking processes are also playing a pivotal role in the growth of the sparkling wine market. Innovations such as temperature-controlled fermentation and precision viticulture technologies are allowing producers to enhance the quality and consistency of sparkling wines. These technological improvements have enabled producers to experiment with new grape varieties and fermentation processes, resulting in unique flavor profiles that cater to diverse consumer palates. Furthermore, sustainable and organic winemaking practices are gaining traction, appealing to environmentally conscious consumers and providing a competitive edge to producers who adopt these practices.



    The regional outlook for the sparkling wine market indicates a strong performance across various geographies, with Europe leading the charge as the largest producer and consumer of sparkling wines, accounting for a significant share of the market. The region's deep-rooted wine culture and the presence of renowned champagne houses contribute to its dominance. Meanwhile, North America is witnessing remarkable growth, driven by the rising popularity of sparkling wines among younger generations and the burgeoning trend of at-home celebrations. The Asia Pacific region is also emerging as a lucrative market, with increasing urbanization and evolving lifestyle preferences among consumers. Wine consumption in Asia is on the rise, buoyed by a growing middle class and the adoption of Western dining habits.



    Product Type Analysis



    In the sparkling wine market, product type differentiation is a key factor influencing consumer choice and market dynamics. Champagne, often regarded as the most prestigious variety, continues to hold a dominant position due to its association with luxury and celebration. Its production is restricted to the Champagne region of France, which adds an element of exclusivity and tradition. The unique production process, involving secondary fermentation in the bottle, results in fine bubbles and distinctive flavors that are highly prized by connoisseurs. Despite its premium pricing, champagne maintains strong demand across various occasions, from weddings to corporate events, reinforcing its status as a symbol of sophistication.



    Prosecco, on the other hand, has gained substantial popularity in recent years, particularly among younger consumers and those

  4. Wine Market Insights - Consumer Trends & Global Expansion 2025 to 2035

    • futuremarketinsights.com
    pdf
    Updated Apr 9, 2025
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    Future Market Insights (2025). Wine Market Insights - Consumer Trends & Global Expansion 2025 to 2035 [Dataset]. https://www.futuremarketinsights.com/reports/wine-market
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    pdfAvailable download formats
    Dataset updated
    Apr 9, 2025
    Dataset authored and provided by
    Future Market Insights
    License

    https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy

    Time period covered
    2025 - 2035
    Area covered
    Worldwide
    Description

    The wine market is projected to grow steadily between 2025 and 2035, driven by increasing global demand for premium and organic wine, expanding millennial and Gen Z consumption, and the rise of experiential and at-home wine culture. The market is expected to be valued at USD 19,09,680.1 million in 2025 and is anticipated to reach USD 32,62,009.6 million by 2035, reflecting a CAGR of 5.5% over the forecast period.

    MetricValue (USD)
    Industry Size (2025E)USD 19,09,680.1 million
    Industry Value (2035F)USD 32,62,009.6 million
    CAGR (2025 to 2035)5.5%

    Country-wise Outlook

    CountryCAGR (2025 to 2035)
    United States5.6%
    CountryCAGR (2025 to 2035)
    United Kingdom5.3%
    RegionCAGR (2025 to 2035)
    European Union5.4%
    CountryCAGR (2025 to 2035)
    Japan5.1%
    CountryCAGR (2025 to 2035)
    South Korea5.8%

    Segment-wise Insights

    Wine TypeValue Share (%)
    Red Wine43.7%
    Wine NatureValue Share (%)
    Conventional69.4%

    Competitive Outlook

    Company/Organization NameEstimated Market Share (%)
    E. & J. Gallo Winery15-19%
    Constellation Brands, Inc.12-16%
    Treasury Wine Estates9-13%
    The Wine Group8-11%
    Pernod Ricard SA6-9%
    Others32-38%
  5. Sweet Wine Market Report | Global Forecast From 2025 To 2033

    • dataintelo.com
    csv, pdf, pptx
    Updated Jan 7, 2025
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    Dataintelo (2025). Sweet Wine Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/global-sweet-wine-market
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    pdf, pptx, csvAvailable download formats
    Dataset updated
    Jan 7, 2025
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Sweet Wine Market Outlook



    As of 2023, the global sweet wine market size is valued at approximately USD 7.5 billion, and it is projected to reach USD 12.3 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.5% during the forecast period. The growth factor driving this market includes the increasing consumer preference for sweet and flavorful alcoholic beverages, along with the rising popularity of wine tourism and wine-tasting events.



    One of the major growth factors propelling the sweet wine market is the evolving consumer palette. As more consumers are exposed to different types of wines, there is a growing appreciation for the unique flavors and aromas that sweet wines offer. This is particularly evident among younger demographics who are more willing to experiment with new and diverse alcoholic beverages. Furthermore, the health benefits associated with moderate wine consumption have been increasingly publicized, encouraging more people to include wine in their lifestyle.



    Another significant driver is the burgeoning wine tourism industry. Regions known for their wine production, such as Tuscany in Italy, Napa Valley in the United States, and Bordeaux in France, attract millions of tourists each year. Wine tours often include tastings of various wine types, including sweet wines, thereby increasing their exposure and consumption. Additionally, wine-tasting events and festivals have become popular social activities, where sweet wines often stand out due to their distinct taste and appeal, further driving market growth.



    The rise of online retail platforms has also significantly contributed to market expansion. The convenience of purchasing wine online, coupled with the availability of a wide range of products, has led to an increase in sweet wine sales. E-commerce platforms offer detailed descriptions and reviews, helping consumers make informed choices. Moreover, digital marketing campaigns and social media promotions have effectively increased consumer awareness and interest in sweet wines, thereby boosting sales.



    Geographically, Europe remains the largest market for sweet wines, followed closely by North America. In Europe, traditional wine-producing countries such as France, Italy, and Spain continue to dominate due to their long history and established reputation in wine production. However, the Asia Pacific region is expected to witness the highest growth rate, driven by increasing disposable incomes and a growing interest in Western lifestyles and beverages. The Middle East and Africa, despite having smaller market shares, are also showing promising growth potential due to the rising influence of Western culture and changing consumer preferences.



    Sweet Sparkling Wine has gained remarkable traction in recent years, becoming a staple at celebrations and festive occasions. Its effervescence coupled with a sweet profile makes it a delightful choice for those seeking a refreshing yet indulgent drink. The bubbly nature of Sweet Sparkling Wine adds a sense of festivity, making it a popular choice for toasts and special events. This type of wine often pairs well with desserts, enhancing the dining experience with its unique flavor profile. The versatility of Sweet Sparkling Wine allows it to be enjoyed on its own or as part of a cocktail, broadening its appeal among diverse consumer groups. As more people explore the world of sparkling wines, the demand for sweet variants continues to grow, contributing significantly to the overall expansion of the sweet wine market.



    Type Analysis



    The sweet wine market can be segmented by type into White Sweet Wine, Red Sweet Wine, Rosé Sweet Wine, Sparkling Sweet Wine, and Dessert Wine. Each type has its distinct characteristics and consumer base. White sweet wines, often made from grape varieties like Riesling and Moscato, are known for their fruity and floral notes. These wines are popular among those who prefer a light and refreshing drink, often enjoyed as an aperitif or paired with light meals like salads and seafood. The growing trend of pairing wine with food has further boosted the demand for white sweet wines.



    Red sweet wines, on the other hand, are typically richer and more robust, made from grape varieties like Zinfandel and Lambrusco. These wines are favored by consumers who enjoy more intense and complex flavors. Red sweet wines are often paired with hearty dishes, such as red meats and rich desserts, making them a popular choice for festi

  6. Wine Market Analysis, Size, and Forecast 2025-2029: North America (US and...

    • technavio.com
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    Technavio, Wine Market Analysis, Size, and Forecast 2025-2029: North America (US and Canada), Europe (France, Germany, Italy, and UK), Middle East and Africa (Egypt, KSA, Oman, and UAE), APAC (China, India, and Japan), South America (Argentina and Brazil), and Rest of World (ROW) [Dataset]. https://www.technavio.com/report/wine-market-analysis
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    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    Germany, Saudi Arabia, United Kingdom, Canada, United States, France, Global
    Description

    Snapshot img

    Wine Market Size 2025-2029

    The wine market size is forecast to increase by USD 167.1 billion, at a CAGR of 5% between 2024 and 2029.

    The market is experiencing significant shifts, driven by the surge in online sales channels and the increasing popularity of private-label brands. Online sales have gained substantial traction, enabling consumers to explore a wider range of wines from various regions and producers at their convenience. This trend is expected to continue as technology advances and consumer preferences evolve. Meanwhile, private-label brands have emerged as formidable competitors, offering high-quality wines at affordable prices. These brands, often produced by major wine companies, have gained prominence due to their ability to cater to diverse consumer tastes and preferences. However, the market faces challenges as well.
    The rising competition from other alcoholic beverages, such as spirits and beer, poses a significant threat. Consumers' shifting preferences and increasing health consciousness are also impacting the market. Companies must navigate these challenges by focusing on product innovation, brand differentiation, and effective marketing strategies to capture market share and maintain growth.
    

    What will be the Size of the Wine Market during the forecast period?

    Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
    Request Free Sample

    The dynamic the market continues to evolve, with various sectors experiencing ongoing shifts and innovations. Wine bars serve as hubs for education and tasting experiences, where patrons can explore different grape varieties and wine styles, including red, white, rosé, fortified, and sparkling. The health benefits of wine, particularly red wine, are a topic of ongoing research and discussion. Serving temperature and aeration play crucial roles in enhancing the sensory experience of wine. Wine distribution channels have expanded, with direct-to-consumer sales and e-commerce platforms gaining popularity. Wine awards and competitions showcase the best in winemaking techniques, from oak aging to sustainable viticulture.

    Biodynamic wine and organic practices have become increasingly important in vineyard management and wine production. Food and wine pairing continues to be a popular trend, with sensory analysis playing a key role in understanding the complexities of both. Wine tourism offers unique experiences, allowing consumers to connect with the land and the people behind the labels. Wine sustainability is a growing concern, with certification programs and wine brands focusing on reducing their environmental impact. Wine investment and auctions offer opportunities for collectors and enthusiasts. Wine packaging, glassware, and storage solutions cater to the diverse needs of consumers. Wine retail, wine imports, and exports continue to shape the global market, with wine regions and marketing strategies influencing consumer preferences.

    Wine competitions, festivals, and wine restaurants provide opportunities for industry professionals and enthusiasts to connect and celebrate the art of winemaking.

    How is this Wine Industry segmented?

    The wine industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

    Distribution Channel
    
      Off-trade
      On-trade
    
    
    Product
    
      Red
      Fortified
      White
      Sparkling
    
    
    Geography
    
      North America
    
        US
        Canada
    
    
      Europe
    
        France
        Germany
        Italy
        UK
    
    
      APAC
    
        China
        India
        Japan
    
    
      South America
    
        Brazil
    
    
      Rest of World (ROW)
    

    .

    By Distribution Channel Insights

    The off-trade segment is estimated to witness significant growth during the forecast period.

    The off-trade distribution channel, which involves the sale of wine through retail outlets outside of bars, restaurants, or nightclubs, is gaining significant traction in the market. This trend is driven by the surge in online wine sales and the increasing number of supermarkets, hypermarkets, and department stores worldwide. Wine education plays a crucial role in this distribution channel, as consumers seek to expand their knowledge of grape varieties, wine styles, and pairing options. Fortified wines, organic wines, and rosé wines are popular choices among consumers, and wine certification ensures the authenticity and quality of these products.

    Vineyard management practices, such as sustainable viticulture and oak aging, influence the taste and quality of wines. Wine tasting events and competitions provide opportunities for consumers to discover new wines and build their preferences. Wine labels, packaging, and branding are essential elements in attracting consumers' attention and influencing

  7. Wine and Brandy Market Report | Global Forecast From 2025 To 2033

    • dataintelo.com
    csv, pdf, pptx
    Updated Jan 7, 2025
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    Dataintelo (2025). Wine and Brandy Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/wine-and-brandy-market
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    pptx, pdf, csvAvailable download formats
    Dataset updated
    Jan 7, 2025
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Wine and Brandy Market Outlook



    The global wine and brandy market size reached an estimated value of $406.34 billion in 2023 and is projected to grow to $608.11 billion by 2032, reflecting a compound annual growth rate (CAGR) of 4.6% over the forecast period. The growth of this market can be attributed to increasing consumer demand for premium alcoholic beverages, the rising popularity of wine culture across emerging economies, and the never-ending innovation in flavors and types being introduced by producers to captivate new customer segments. Influenced by urbanization and increased disposable income, consumers are showing an inclination toward higher-quality alcoholic beverages, which is driving the wine and brandy market on a global scale.



    A significant growth factor contributing to the expansion of the wine and brandy market is the changing lifestyle and growing consumer preferences for luxury and premium products. As urbanization continues to spread, more individuals are exposed to varied cultures and social settings where wine and brandy consumption is considered a part of the lifestyle. This phenomenon is particularly prevalent in emerging economies, where the burgeoning middle class is increasingly adopting Western drinking customs. Additionally, the wine industry has benefitted from an increasing trend of wine tourism, which introduces new consumers to the diverse world of wine and brandy. The experiential nature of wine tourism not only boosts local economies but also serves to educate and engender a deeper appreciation for wine and brandy among tourists.



    Moreover, the health-conscious consumer trend is indirectly influencing the wine and brandy market's growth trajectory. With a growing body of research highlighting the potential health benefits of moderate wine consumption, such as cardiovascular health improvement and anti-aging properties due to antioxidants found in wine, more consumers are inclined to choose wine over other alcoholic beverages. This health-oriented shift is further supported by the rise of organic and biodynamic wines, which appeal to environmentally and health-conscious consumers. Furthermore, innovations within the industry, such as the introduction of low-alcohol and non-alcoholic versions of traditional wines and brandies, are attracting a wider audience, including those abstaining from alcohol but still wishing to participate in social settings where drinking is customary.



    The regional outlook for the wine and brandy market highlights significant growth in the Asia Pacific region, which is poised to become one of the fastest-growing markets during the forecast period. This growth can be attributed to the increasing disposable income, urbanization, and the Western influence on lifestyle choices in countries like China and India. Additionally, North America and Europe remain leading consumers of wine and brandy, driven by established wine cultures and a high frequency of social gatherings where wine is a beverage of choice. Meanwhile, the Middle East & Africa and Latin America are experiencing a slower growth rate, primarily due to cultural and religious factors affecting alcohol consumption. However, in these regions, niche markets are emerging, focusing on luxury and premium segments catering to affluent consumers who seek exclusivity and rarity in their brandy and wine choices.



    Cognac, a distinguished type of brandy, has carved out a niche for itself within the luxury spirits market. Originating from the Cognac region in France, this spirit is renowned for its meticulous production process, which involves double distillation in copper pot stills and aging in French oak barrels. The rich history and craftsmanship associated with Cognac make it a symbol of sophistication and elegance. Its complex flavor profile, characterized by notes of fruit, spice, and oak, appeals to connoisseurs and collectors alike. As consumers increasingly seek premium experiences, Cognac's reputation as a high-end spirit continues to grow, contributing to its strong presence in the global brandy market.



    Product Type Analysis



    The wine and brandy market encompasses a variety of product types, each with its distinct characteristics and consumer base. Red wine, for instance, remains a staple in the market, renowned for its rich flavors and health benefits, particularly its antioxidant properties. The consumption of red wine has long been associated with heart health, which continually draws in health-conscious consumers. Red wine is also a traditional accompaniment to many cuisin

  8. Volume of wine consumption in India 2016-2027

    • statista.com
    Updated Jun 16, 2025
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    Statista (2025). Volume of wine consumption in India 2016-2027 [Dataset]. https://www.statista.com/statistics/1353055/india-wine-consumption/
    Explore at:
    Dataset updated
    Jun 16, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    India
    Description

    In 2022, about ** million liters of wine were consumed in India. Out of this, over ** million liters of wine consumed was red wine in the country. A compound annual growth rate of wine consumption of over six percent was estimated between 2017 and 2025.

  9. w

    Global Wine Consumption Market Research Report: By Wine Type (Red Wine,...

    • wiseguyreports.com
    Updated Dec 4, 2024
    + more versions
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    wWiseguy Research Consultants Pvt Ltd (2024). Global Wine Consumption Market Research Report: By Wine Type (Red Wine, White Wine, Rose Wine, Sparkling Wine, Dessert Wine), By Sales Channel (Off-trade, On-trade, Direct Sales, E-commerce), By Consumer Demographics (Millennials, Generation X, Baby Boomers, Generation Z), By Packaging Type (Glass Bottles, Cans, Tetra Packs, Bag-in-Box) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2032. [Dataset]. https://www.wiseguyreports.com/reports/wine-consumption-market
    Explore at:
    Dataset updated
    Dec 4, 2024
    Dataset authored and provided by
    wWiseguy Research Consultants Pvt Ltd
    License

    https://www.wiseguyreports.com/pages/privacy-policyhttps://www.wiseguyreports.com/pages/privacy-policy

    Area covered
    Global
    Description
    BASE YEAR2024
    HISTORICAL DATA2019 - 2024
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    MARKET SIZE 2023361.9(USD Billion)
    MARKET SIZE 2024370.76(USD Billion)
    MARKET SIZE 2032450.0(USD Billion)
    SEGMENTS COVEREDWine Type, Sales Channel, Consumer Demographics, Packaging Type, Regional
    COUNTRIES COVEREDNorth America, Europe, APAC, South America, MEA
    KEY MARKET DYNAMICSRising health consciousness, Premiumization trend, E-commerce growth, Sustainable production practices, Changing consumer preferences
    MARKET FORECAST UNITSUSD Billion
    KEY COMPANIES PROFILEDKendallJackson, Treasury Wine Estates, Mireille Vignoble, Europvin, Constellation Brands, E. and J. Gallo Winery, The Wine Group, Pernod Ricard, Accolade Wines, Cascina delle Rose, Diageo, Sogrape Vinhos, Jackson Family Wines
    MARKET FORECAST PERIOD2025 - 2032
    KEY MARKET OPPORTUNITIESPremium wine segment growth, E-commerce sales expansion, Health-conscious wine alternatives, Sustainable and organic wines, Emerging markets consumption increase
    COMPOUND ANNUAL GROWTH RATE (CAGR) 2.45% (2025 - 2032)
  10. Red Wine Market Report | Global Forecast From 2025 To 2033

    • dataintelo.com
    csv, pdf, pptx
    Updated Jan 7, 2025
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    Dataintelo (2025). Red Wine Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/global-red-wine-market
    Explore at:
    pdf, csv, pptxAvailable download formats
    Dataset updated
    Jan 7, 2025
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Red Wine Market Outlook




    The global red wine market size stood at approximately $90 billion in 2023 and is projected to reach an estimated $120 billion by 2032, growing at a compound annual growth rate (CAGR) of 3.2%. The market growth is primarily driven by increasing consumer preference for health benefits associated with moderate red wine consumption, coupled with the rise in disposable income and changing lifestyle patterns.




    One of the key growth factors in the red wine market is the growing awareness of the health benefits associated with moderate red wine consumption. Studies have shown that red wine, particularly due to its resveratrol content, can contribute to heart health, act as an antioxidant, and potentially reduce the risk of certain types of cancer. This health-conscious trend has led to a rise in consumer interest in red wine, driving market growth. Additionally, the increasing trend of wine tourism and wine tasting events has provided a significant platform for consumers to explore and appreciate different types of red wine, further propelling market demand.




    Another significant factor contributing to market growth is the rising disposable income and the evolving lifestyle patterns of consumers across various regions. With higher disposable incomes, consumers are more willing to spend on premium and luxury products, including red wine. The shift towards more sophisticated dining experiences, where red wine is often paired with meals, is also fostering market growth. Furthermore, the influence of Western culture and trends in emerging markets, such as Asia Pacific and Latin America, has led to increased consumption of red wine among younger demographics, thus expanding the market base.




    The expansion of distribution channels, particularly online retail, has also played a crucial role in the growth of the red wine market. The convenience of purchasing wine online, coupled with a wider selection and competitive pricing, has attracted a larger consumer base. Online platforms often provide detailed product descriptions and customer reviews, aiding consumers in making informed purchasing decisions. The rise of e-commerce giants and specialized online wine stores has made red wine more accessible to a global audience, further stimulating market growth.



    In recent years, the trend of using Mini Wine Bottles has gained traction, especially in the context of red wine consumption. These smaller bottles offer a convenient and appealing option for consumers who wish to enjoy wine in moderation or on-the-go. The rise of mini bottles is particularly significant in urban settings where space and convenience are valued. They also cater to the growing demand for personalized and single-serving options, allowing consumers to sample different varieties without committing to a full-sized bottle. This trend aligns with the increasing consumer interest in trying diverse wine experiences, further driving the market for red wine.




    Regionally, Europe remains the dominant market for red wine, accounting for a significant share of global consumption. The region's rich heritage and tradition of wine production, coupled with favorable climatic conditions for grape cultivation, underpin its leading position. However, the Asia Pacific region is expected to exhibit the highest growth rate during the forecast period, driven by increasing urbanization, rising disposable incomes, and a growing middle-class population interested in Western lifestyle products, including red wine.



    Product Type Analysis




    The red wine market is segmented into various product types, including Cabernet Sauvignon, Merlot, Pinot Noir, Zinfandel, Shiraz/Syrah, and others. Cabernet Sauvignon holds a prominent position in the market due to its bold flavors and widespread popularity among wine enthusiasts. Known for its rich tannins and aging potential, Cabernet Sauvignon is a preferred choice for many wine connoisseurs, contributing significantly to the market's revenue. The increasing demand for premium and aged wines also supports the growth of this segment.




    Merlot, another popular red wine variety, is known for its smooth and approachable taste, making it a favorite among both new and experienced wine drinkers. The versatility of Merlot, which pairs well with a wide range of foods, furthe

  11. c

    North America Non-Alcoholic Wines Market Report 2025, Market Size, Share,...

    • cognitivemarketresearch.com
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    Cognitive Market Research, North America Non-Alcoholic Wines Market Report 2025, Market Size, Share, Growth, CAGR, Forecast, Revenue [Dataset]. https://www.cognitivemarketresearch.com/regional-analysis/north-america-non-alcoholic-wines-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    North America, Region
    Description

    According to Cognitive Market Research, the North America Non-Alcoholic Wines Market Size will be USD 7.7 Billion in 2023 and is set to achieve a market size of USD 14.35 Billion by the end of 2031 growing at a CAGR of 10.5% from 2024 to 2031

    Introduction of Non-Alcoholic Wines Market

    According to Cognitive Market Research, North America is projected to grow at a CAGR of XX% over the period. Alcohol-free wines are becoming increasingly popular in North America, owing to a growing trend of better drinking habits. This area, which includes the United States, Canada, and Mexico, is seeing an increase in consumer interest in non-alcoholic beverages, such as alcohol-free wine. The rising demand for alcohol-free wines is being driven by consumer health concerns, as they seek alternatives to traditional alcoholic drinks to limit their alcohol use and live a better lifestyle. The availability of high-quality alcohol-free wines made utilizing modern technology has resulted in a larger range of alternatives to suit varied preferences and tastes. The shifting societal norms around drinking have also led to the increased popularity of alcohol-free wine. The stigma around non-alcoholic beverages has faded, resulting in increased acceptance and use of alcohol-free products in social contexts. The growing availability of alcohol-free wines in retail stores and restaurants has made them more accessible to consumers, with marketing campaigns emphasizing their advantages. The North American market for alcohol-free wines is primed for further expansion. USA - In 2024, the Non-Alcoholic Wines market in the United States generated a revenue of US$XXbn. This growth is supported by increasing demand from the growing awareness among consumers According to statistics, Non-alcoholic wine accounted for 13.4% of sales, with a market worth $52.04 million, a 23.2% increase from the previous year, indicating a robust growth in the industry. (Source-https://nielseniq.com/global/en/insights/education/2022/non-alcoholic-beverage-trends-in-the-us/)

    Canada - In 2024, the Non-Alcoholic Wines market in Canada generated a revenue of US$XXbn. Non-alcoholic wine sales in Canada increased by 21% in 2022, reaching 8.8 million liters. Arterra Wines Canada Inc. and Andrew Peller Ltd. were the market leaders, accounting for 16.8% and 12.1% of total volume, respectively. Wine sales fell by 0.2% to 657 million litres, but are predicted to grow at a 3% CAGR to 747 million litres by 2027. The on-trade industry is expanding, owing to an increase in food service outlets and dining out during the lockdown. Wines and beer are losing market share to RTDs and spirits, but sparkling wine is growing as a result of more socialization events and the substitution of some wine varieties with more diversified alcoholic beverages. (Source-https://agriculture.canada.ca/en/international-trade/market-intelligence/reports/customized-report-service-sparkling-champagne-and-non-grape-wine-leading-markets)

  12. c

    The global Organic Wine Market size will be USD 14820.4 million in 2025.

    • cognitivemarketresearch.com
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    Updated Jan 1, 2023
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    Cognitive Market Research (2023). The global Organic Wine Market size will be USD 14820.4 million in 2025. [Dataset]. https://www.cognitivemarketresearch.com/organic-wine-market-report
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    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jan 1, 2023
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    According to Cognitive Market Research, the global Organic Wine Market size will be USD 14820.4 million in 2025. It will expand at a compound annual growth rate (CAGR) of 10.90% from 2025 to 2033.

    North America held the major market share for more than 40% of the global revenue with a market size of USD 5483.55 million in 2025 and will grow at a compound annual growth rate (CAGR) of 9.7% from 2025 to 2033.
    Europe accounted for a market share of over 30% of the global revenue with a market size of USD 4297.92 million.
    APAC held a market share of around 23% of the global revenue with a market size of USD 3556.90 million in 2025 and will grow at a compound annual growth rate (CAGR) of 13.8% from 2025 to 2033.
    South America has a market share of more than 5% of the global revenue with a market size of USD 563.18 million in 2025 and will grow at a compound annual growth rate (CAGR) of 11.3% from 2025 to 2033.
    Middle East had a market share of around 2% of the global revenue and was estimated at a market size of USD 592.82 million in 2025 and will grow at a compound annual growth rate (CAGR) of 11.4% from 2025 to 2033.
    Africa had a market share of around 1% of the global revenue and was estimated at a market size of USD 326.05 million in 2025 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2025 to 2033.
    Red Organic Wine category is the fastest growing segment of the Organic Wine industry
    

    Market Dynamics of Organic Wine Market

    Key Drivers for Organic Wine Market

    Rising customer focus on health and wellness to Boost Market Growth

    The growing customer focus on health and wellness drives the organic wine business. As customers become more health concerned, they are increasingly drawn to natural items such as wine. This transition is being driven by increased knowledge of the potential health hazards associated with artificial chemical compounds and tastes found in traditional wines. Organic wines are made with no artificial chemicals or pesticides. They provide a perceived healthier opportunity, which appeals to individuals who value natural and clean-label items. Organic wine provides these priorities to help build the organic wine business. The demand for organic wine is driven by a larger movement toward sustainable living. Consumers are concerned about not only their health, but also the environmental impact of their purchases. Organic wine production typically focuses on environmentally beneficial processes, which resonate with those seeking to make more responsible decisions.

    Growing Preference for Organic Products Boost Market Growth

    The worldwide organic wine industry is expected to develop as consumers prefer organic products. The product is in high demand worldwide, particularly in restaurants and retail. The use of less herbicides and insecticides has increased demand for organic products. Organic wine is naturally more sustainable and environmentally friendly than regular wine. Consumption has increased rapidly in several countries as a result of the use of sustainable winemaking techniques. innovative product introductions and innovative production processes are expected to enhance market demand.

    Restraint Factor for the Organic Wine Market

    Certification and compliance costs, Will Limit Market Growth

    Certification and compliance costs are the most significant hurdles in the organic wine sector. This is owing to the strict standards required for organic labeling. Producers go through certification processes that include thorough documentation and regular inspections to guarantee they follow organic farming methods. These regulations are costly and require a significant amount of time and money from winemakers. Furthermore, the complexity of complying with various global organic laws increases the financial and administrative load for wine growers. Customers perceive organic wines to be more expensive as a result of these additional costs, which limits their capacity to compete in the market and has an impact on the expansion of the organic wine industry.

    Market Trends in Organic Wine Market

    Increased consumer demand for sustainable products

    The increased consumer demand for sustainable products creates a big opportunity for the organic wine industry. As environmental and health concerns gain prominence, buyers are increasingly looking for products that reflect their values, as well as those made using eco-friendly and ethical techni...

  13. i

    Hungary: Wine 2019-2025

    • app.indexbox.io
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    IndexBox AI Platform, Hungary: Wine 2019-2025 [Dataset]. https://app.indexbox.io/table/220410h220429/348/monthly/
    Explore at:
    Dataset authored and provided by
    IndexBox AI Platform
    License

    Attribution-NoDerivs 3.0 (CC BY-ND 3.0)https://creativecommons.org/licenses/by-nd/3.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2019 - Dec 31, 2025
    Area covered
    Hungary
    Description

    Statistics illustrates consumption, production, prices, and trade of Wine in Hungary from Jan 2019 to May 2025.

  14. t

    Organic Wine Global Market Report 2025

    • thebusinessresearchcompany.com
    pdf,excel,csv,ppt
    Updated Jan 12, 2025
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    The Business Research Company (2025). Organic Wine Global Market Report 2025 [Dataset]. https://www.thebusinessresearchcompany.com/report/organic-wine-global-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jan 12, 2025
    Dataset authored and provided by
    The Business Research Company
    License

    https://www.thebusinessresearchcompany.com/privacy-policyhttps://www.thebusinessresearchcompany.com/privacy-policy

    Description

    Global Organic Wine market size is expected to reach $20.18 billion by 2029 at 10.7%, surge in consumer interest fueling growth in the organic wine market

  15. W

    Data from: Wine Report

    • archivemarketresearch.com
    doc, pdf, ppt
    Updated Jun 27, 2025
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    Archive Market Research (2025). Wine Report [Dataset]. https://www.archivemarketresearch.com/reports/wine-167393
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    ppt, pdf, docAvailable download formats
    Dataset updated
    Jun 27, 2025
    Dataset authored and provided by
    Archive Market Research
    License

    https://www.archivemarketresearch.com/privacy-policyhttps://www.archivemarketresearch.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The global wine market, valued at $70.22 billion in 2025, is projected to experience steady growth, with a Compound Annual Growth Rate (CAGR) of 1.4% from 2025 to 2033. This moderate growth reflects a mature market with established consumer preferences and existing production capacities. While the overall CAGR is modest, growth will likely be driven by several factors. Premiumization is a significant trend, with consumers increasingly willing to spend more on higher-quality wines, particularly organic, biodynamic, and sustainably produced options. The rise of direct-to-consumer sales through wineries' websites and wine clubs is also contributing to market expansion, bypassing traditional distribution channels and building stronger customer relationships. Emerging markets in Asia, especially China, present significant, albeit volatile, growth opportunities. However, factors such as climate change impacting grape yields, fluctuations in global economic conditions, and increasing health consciousness among consumers pose potential restraints. The competitive landscape is dominated by large multinational corporations such as E&J Gallo, Constellation Brands, and Treasury Wine Estates, although smaller, boutique wineries continue to thrive by focusing on niche markets and distinctive product offerings. The market segmentation is multifaceted, encompassing various grape varieties, wine styles (red, white, rosé, sparkling), price points (value, premium, luxury), and distribution channels (on-premise, off-premise). The forecast period (2025-2033) will see continued consolidation within the industry, with larger players potentially acquiring smaller wineries to expand their market share and portfolios. The success of individual players will hinge on their ability to adapt to evolving consumer preferences, innovate with new product offerings, leverage effective marketing strategies, and navigate the challenges posed by economic and environmental uncertainties. While precise regional breakdowns are not available, a logical assumption based on current market dynamics would suggest that North America and Europe remain the largest regional markets, with growth opportunities emerging in Asia and other developing economies. The market's steady, albeit moderate, growth trajectory presents opportunities for both established players and new entrants who can successfully identify and capitalize on emerging trends.

  16. Sparkling Wine Market Analysis, Size, and Forecast 2025-2029: North America...

    • technavio.com
    Updated May 29, 2025
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    Technavio (2025). Sparkling Wine Market Analysis, Size, and Forecast 2025-2029: North America (US and Canada), Europe (France, Germany, Italy, Spain, and UK), APAC (China and Japan), South America (Brazil), and Rest of World (ROW) [Dataset]. https://www.technavio.com/report/sparkling-wine-market-industry-analysis
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    Dataset updated
    May 29, 2025
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    Global, Canada, United States
    Description

    Snapshot img

    Sparkling Wine Market Size 2025-2029

    The sparkling wine market size is forecast to increase by USD 8.99 billion at a CAGR of 4.8% between 2024 and 2029.

    The market is experiencing significant shifts, driven by the increasing popularity of low-alcohol beverages and the expansion of online distribution channels. Consumers' shifting preferences towards healthier lifestyle choices have led to the emergence of low-alcohol cocktails, which incorporate sparkling wine as a base. This shift is expected to continue, with an increasing number of producers introducing low-alcohol and no-alcohol sparkling wine options. Another key trend is the growth of online sales channels, which are providing greater convenience and accessibility for consumers. This trend is particularly pronounced in regions with stringent alcohol consumption regulations or remote locations, where traditional retail channels may be limited.
    However, campaigns against alcoholic beverage consumption pose a significant challenge to market growth. These campaigns, fueled by health and wellness concerns, are gaining traction and may lead to increased regulations and taxes on alcoholic beverages, potentially dampening demand. Companies in the market must navigate these challenges by offering innovative, health-conscious products and exploring alternative distribution channels to reach consumers effectively.
    

    What will be the Size of the Sparkling Wine Market during the forecast period?

    Request Free Sample

    The market exhibits dynamic trends, with consumer preferences increasingly favoring value for money and wine appreciation. Social media marketing plays a pivotal role in reaching and engaging consumers, while precision viticulture ensures a consistent flavor profile. New technologies, such as digital marketing and supply chain management, optimize operations and enhance brand loyalty. Wine branding, innovation in winemaking, and aging potential are key factors driving consumer interest. Sustainable practices and climate change awareness are shaping the industry, with wine auctions and competitions showcasing top-tier offerings. The global wine industry's evolution includes the use of glass bottles to showcase the wines' beauty and the health benefits associated with moderate alcohol consumption.
    Wine preservation and wine education are essential components of the consumer experience, as brand building and wine clubs offer exclusive access to collectors and enthusiasts. Vintage variation adds intrigue to the market, with price point and wine storage solutions catering to diverse consumer needs. Wine marketing strategies leverage aroma profile and wine awards to differentiate offerings and build brand recognition. Tariffs and protectionist measures impact the market, but organic wines and e-commerce sales channels provide opportunities for growth.
    

    How is this Sparkling Wine Industry segmented?

    The sparkling wine industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

    Distribution Channel
    
      Off-trade
      On-trade
    
    
    Product
    
      Champagne
      Prosecco
      Cava
      Others
    
    
    Type
    
      Red sparkling wine
      White sparkling wine
      Rose sparkling wine
    
    
    Geography
    
      North America
    
        US
        Canada
    
    
      Europe
    
        France
        Germany
        Italy
        Spain
        UK
    
    
      APAC
    
        China
        Japan
    
    
      South America
    
        Brazil
    
    
      Rest of World (ROW)
    

    By Distribution Channel Insights

    The off-trade segment is estimated to witness significant growth during the forecast period.

    The market is experiencing significant shifts from 2025 to 2029, with the off-trade segment poised for transformation. Retail modernization is a key driver, as traditional retailers adapt to evolving consumer preferences. Omnichannel platforms are integrating physical and digital sales channels, making sparkling wine more accessible through online marketplaces and direct-to-consumer services. Technological advancements in inventory management systems enable retailers to optimize stock levels and respond to demand fluctuations. Consumer behavior is prioritizing convenience and premiumization. The demand for high-quality, lower-calorie, and organic sparkling wine variants is increasing, catering to health-conscious demographics. Denomination of origin, such as Champagne and Prosecco, continue to dominate the market, while grape varieties like Pinot Noir, Pinot Meunier, and Chardonnay drive innovation.

    Wine pairing, wine events, and wine tourism contribute to the market's growth. Traditional methods like Methode Champenoise and Methode Traditionnelle, as well as modern techniques like Charmat and Transfer Method, cater to various consumer preferences. Fair trade wine, organic wine, and biodynamic wine are gaining traction, reflecting a g

  17. t

    White Wine Global Market Report 2025

    • thebusinessresearchcompany.com
    pdf,excel,csv,ppt
    Updated Jan 9, 2025
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    The Business Research Company (2025). White Wine Global Market Report 2025 [Dataset]. https://www.thebusinessresearchcompany.com/report/white-wine-global-market-report
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    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jan 9, 2025
    Dataset authored and provided by
    The Business Research Company
    License

    https://www.thebusinessresearchcompany.com/privacy-policyhttps://www.thebusinessresearchcompany.com/privacy-policy

    Description

    Global White Wine market size is expected to reach $55.89 billion by 2029 at 5.7%, white wine market flourishes amidst global rise in wine consumption

  18. G

    Grape Wine Report

    • datainsightsmarket.com
    doc, pdf, ppt
    Updated May 25, 2025
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    Data Insights Market (2025). Grape Wine Report [Dataset]. https://www.datainsightsmarket.com/reports/grape-wine-1241039
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    doc, pdf, pptAvailable download formats
    Dataset updated
    May 25, 2025
    Dataset authored and provided by
    Data Insights Market
    License

    https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The global grape wine market is a dynamic and expanding sector, exhibiting robust growth potential over the forecast period (2025-2033). While precise market size figures for 2019-2024 are unavailable, industry analysis suggests a substantial market already existed, laying the foundation for the projected growth. Assuming a conservative CAGR of 5% (a common growth rate for established beverage markets), and a 2025 market size of $100 billion (a reasonable estimation based on global wine production and consumption data), the market is expected to experience significant expansion. Key drivers include rising disposable incomes in emerging economies, increasing consumer preference for premium and organic wines, and the growing popularity of wine tourism. Furthermore, evolving consumer tastes and innovative product offerings, such as fruit-infused wines and low-alcohol options, are contributing to market expansion. However, factors like stringent regulations governing alcohol production and distribution, along with the impact of climate change on grape yields, pose potential restraints. The market is segmented by grape varietal (e.g., Cabernet Sauvignon, Merlot, Chardonnay), price point (budget, mid-range, premium), and distribution channel (on-premise, off-premise). Leading players like Changyu, Great Wall, and Dynasty are leveraging their strong brand recognition and distribution networks to maintain their market share, while smaller, boutique wineries are focusing on niche markets to achieve growth. Regional variations in consumption patterns and preferences will also influence future market dynamics. The competitive landscape is characterized by a blend of established multinational companies and smaller, regional producers. Established brands benefit from economies of scale and established distribution channels, enabling them to cater to a broad consumer base. However, smaller wineries are increasingly gaining traction by focusing on high-quality, niche products, tapping into the growing demand for unique and artisanal wines. Strategic collaborations, mergers and acquisitions, and investments in sustainable production practices are likely to shape future market dynamics. The forecast period will witness increasing competition, driven by both established players and emerging wineries aiming to carve a space within the market. Sustained growth is anticipated, fueled by increasing wine consumption globally, particularly in emerging markets exhibiting rising incomes and a developing wine culture. However, challenges related to supply chain disruptions, raw material price fluctuations, and evolving consumer preferences will need to be addressed for continued market success.

  19. c

    The Global Luxury Wine Market size was USD 170.8 billion in 2023!

    • cognitivemarketresearch.com
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    Cognitive Market Research, The Global Luxury Wine Market size was USD 170.8 billion in 2023! [Dataset]. https://www.cognitivemarketresearch.com/luxury-wine-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    According to Cognitive Market Research, The Global Luxury Wine Market size is USD 170.8 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2023 to 2030.

    Evolving consumer tastes drive demand for unique luxury wines, fostering market growth.
    In the Luxury Wine market, Retail Stores prevail as the dominant category.
    Red Wine asserts its dominance in the Luxury Wine market.
    North America will continue to lead, whereas the Europe Luxury Wine Market will experience the strongest growth until 2030.
    

    Unveiling the Dynamics of Premiumization in the Thriving Luxury Wine Market

    The Luxury Wine market experiences robust growth driven by the increasing affluence of consumers and a prevailing premiumization trend. As disposable incomes rise, consumers exhibit a growing penchant for sophisticated and exclusive wine offerings. This cause-and-effect relationship unfolds as heightened purchasing power enables individuals to seek and indulge in premium and rare wine varieties. Winemakers respond by crafting high-quality, limited-edition blends, tapping into the demand for unique and elevated wine experiences, thereby propelling the overall growth of the luxury wine market.

    Symbiotic Dance of Evolving Palates and Innovation Reshaping the Luxury Wine Market
    

    The luxury wine market thrives on evolving consumer taste preferences influenced by a global culinary exploration trend. As consumers become more adventurous in their gastronomic pursuits, they seek unique wine experiences to complement diverse cuisines. This cause-and-effect dynamic is evident as winemakers respond with innovative blends, emphasizing terroir and varietals that resonate with diverse palates. The symbiotic relationship between evolving taste preferences and the exploration of global culinary landscapes fuels the demand for distinctive and region-specific luxury wines, driving the market's growth.

    Market Dynamics of the Luxury Wine

    On-Premise Sales Restrictions to Restrict the Luxury Wine Market
    

    Restrictions on hospitality venues and the downturn in on-premise sales emerged as a significant restraint in the Luxury Wine market. The cause-and-effect relationship unfolded as closures and reduced capacity in restaurants, bars, and hotels directly impacted the avenues for showcasing and selling high-end wines. With consumers restricted from traditional wine-tasting events and fine-dining experiences, the luxury wine sector faced a decline in exposure and accessibility. This restraint underscored the industry's vulnerability to external factors affecting the hospitality and travel sectors.

    Impact of COVID-19 on the Luxury Wine Market

    The Luxury Wine Market faced initial setbacks during the COVID-19 pandemic, marked by disruptions in on-premise sales and logistical challenges. Lockdowns and travel restrictions impacted hospitality venues, reducing consumer access to luxury wines. However, as the pandemic continued, a shift towards online sales and increased at-home consumption became evident. Consumers sought solace and celebratory indulgence in luxury wines, contributing to a recovery in certain segments. Adaptations in distribution channels and a growing emphasis on e-commerce showcased the market's resilience, emphasizing the dynamic response of the luxury wine industry to evolving consumer preferences during challenging times. Introduction of The Luxury Wine Market

    The luxury wine market encompasses exclusive, high-quality wines crafted with precision, often from prestigious vineyards and limited production, targeting discerning consumers seeking elevated sensory experiences and rare vintages in the world of oenology. This niche market focuses on delivering exceptional taste, distinctive terroir, and a sense of exclusivity, appealing to wine enthusiasts who appreciate the finest vinicultural offerings. The luxury wine market's robust growth is fueled by rising consumer affluence and a premiumization trend, driving demand for sophisticated and exclusive wine offerings. Winemakers respond with limited-edition blends, meeting the demand for unique experiences and propelling market growth. Concurrently, evolving consumer tastes, influenced by global culinary exploration, drive demand for distinctive wine offerings. Winemakers emphasize terroir and varietals, creating a symbiotic relationship that fuels further market growth.

    These developments em...

  20. D

    Dry Red Wine Report

    • marketresearchforecast.com
    doc, pdf, ppt
    Updated Apr 23, 2025
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    Market Research Forecast (2025). Dry Red Wine Report [Dataset]. https://www.marketresearchforecast.com/reports/dry-red-wine-160972
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    doc, ppt, pdfAvailable download formats
    Dataset updated
    Apr 23, 2025
    Dataset authored and provided by
    Market Research Forecast
    License

    https://www.marketresearchforecast.com/privacy-policyhttps://www.marketresearchforecast.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The global dry red wine market presents a compelling investment opportunity, driven by increasing consumer preference for healthier alcoholic beverages and the growing popularity of wine in various social settings. While precise market size figures are unavailable, a logical estimation based on global wine market data and the significant share held by red wines suggests a market valuation of approximately $50 billion in 2025. Considering a conservative Compound Annual Growth Rate (CAGR) of 4% – reflecting both steady growth and potential economic fluctuations – the market is projected to expand considerably over the forecast period (2025-2033). Key drivers include the rising disposable incomes in emerging economies, increasing urbanization, and changing lifestyles leading to greater social consumption of wine. Trends indicate a shift towards premiumization, with consumers increasingly seeking high-quality, organically produced, and sustainably sourced dry red wines. Furthermore, the burgeoning online wine retail sector is facilitating market expansion and providing new avenues for consumer engagement. However, potential restraints include the impact of economic downturns, health concerns associated with excessive alcohol consumption, and the increasing popularity of alternative beverages like craft beers and spirits. The market is segmented by type (with still wines dominating) and application (with daily meals and social occasions being the most prominent segments). Major players like E&J Gallo Winery, Constellation Brands, and Castel dominate the market, benefiting from economies of scale and strong brand recognition. The regional landscape shows robust growth across North America and Europe, with emerging markets in Asia-Pacific exhibiting significant potential for expansion. Further analysis suggests that the North American market, particularly the United States, will remain a key revenue driver, followed by strong growth potential within the European and Asian markets. The competitive landscape is characterized by intense rivalry among established players and the emergence of innovative smaller wineries focusing on niche segments. This increased competition is likely to drive further innovation and product diversification within the dry red wine market, particularly concerning sustainable and organic production methods. The premiumization trend underscores the importance of delivering high-quality, authentic wines with clear provenance to cater to the growing demand for sophisticated and ethically produced alcoholic beverages. This, coupled with effective marketing and strategic distribution channels, will be essential for sustained success in the dynamic dry red wine market. Ongoing expansion into emerging markets, along with strategic partnerships and mergers, will shape the long-term trajectory of this exciting and promising segment of the beverage industry.

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Statista (2024). Volume of sparkling wine consumption in India 2016-2025 [Dataset]. https://www.statista.com/statistics/1352974/india-sparkling-wine-consumption/
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Volume of sparkling wine consumption in India 2016-2025

Explore at:
Dataset updated
Jun 27, 2024
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
India
Description

Over one million liters of sparkling wine was consumed in the South Asian country of India in 2022. The consumption volume of sparkling wine was estimated to rise to about two million liters by 2025.

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