Global Wine Market 2024-2028

Global Wine Market 2024-2028

The wine market is forecasted to grow by USD 156.8 bn during 2023-2028, accelerating at a CAGR of 4.93% during the forecast period. The report on the wine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by online sales channels gaining traction in global wine market, increasing use and demand for wine in emerging economies and food industry, and growing awareness of health benefits from wine.

Technavio's wine market is segmented as below:

ByDistribution Channel

• Off-trade
• On-trade

ByProduct

• Red
• Fortified
• White
• Sparkling

ByGeography

• Europe
• APAC
• North America
• South America
• Middle East and Africa

This study identifies the increasing prominence of private-label brands as one of the prime reasons driving the wine market growth during the next few years. Also, rise in availability of organic and natural wines through duty-free retail stores and rising demand for wine in china will lead to sizable demand in the market.

The report on the wine market covers the following areas:

• Wine market sizing
• Wine market forecast
• Wine market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wine market vendors that include Accolade Wines Australia Ltd., Boisset Family Estates, Bronco Wine Co., Casella Wines Pty. Ltd., Castel Freres, Charlie and Echo, Concha y Toro, Delicato Family Wines, Deutsch Family Wine and Spirits, E. and J. Gallo Winery, Emiliana Organic Vineyards, Harris Organic Wines, Inglenook, Jackson Family Wines Inc., King Estate Winery, Les Domaines Barons de Rothschild Lafite, Pernod Ricard SA, The Wine Group LLC, and Treasury Wine Estates Ltd.. Also, the wine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.