MEA Premium Wine Market - Industry Trends and Forecast to 2029
Middle East and Africa premium wine market is projected to register a substantial CAGR of 4.6% in the forecast period of 2022 to 2029. The new market report contains data for the historic year 2020, the base year of calculation is 2021 and the forecast period is 2022 to 2029.
Market Segmentation
Middle East and Africa Premium Wine Market, By Wine Colour (Red Wine, White Wine, Rose Wine, and Others), Product Type (Still Wine, Fortified Wine, Sparkling Wine, Dessert Wine, and Others), Product Category (Alcoholic Wine and Non-Alcoholic Wine) Flavour (Original, and Flavoured), Ageing Years (18-24 Years, 25-44 Years, 45-64 Years, 65+ Years, 0 Years (Unaged)), Ageing Barrel Type (Oak, Maple, Cedar, Hickory, and Others), Price Range (Premium, Super Premium), Distribution Channel (Store Based Retailers, Online Retailers), Country (South Africa, Ethiopia, UAE, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Some of the factors that are expected to drive the growth of premium wine market are:
• Growing demand of wine owing to different health benefits
• Rising e-commerce, courier and wine delivery services
Market Players
The key market players in Middle East and Africa premium wine market are listed below:
• Pernod Ricard
• E. & J. Gallo Winery
• TREASURY WINE ESTATES
• Viña Concha y Toro
• The Wine Group
• Accolade Wines
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