New Zealand Wine Market Forecast 2023-2030
KEY FINDINGS
The New Zealand wine market is set to record a CAGR of 4.00% in terms of revenue and -0.51% in terms of volume during the forecast period, 2023-2030. The New Zealand wine market enjoys a solid international reputation for producing high-quality wines, with exports steadily increasing year-on-year.
MARKET INSIGHTS
New Zealand is renowned for its wine production, with the industry spanning both the North and South Islands. Sauvignon Blanc, Pinot Noir, Chardonnay, and Merlot are among the most prominent grape varietals cultivated in the country. Also, the country’s wineries have made substantial investments in sustainable and organic practices. This focus on environmental responsibility not only aligns with global consumer preferences but also contributes to the premium image of New Zealand wines.
Furthermore, New Zealand wineries are diversifying their portfolios to include other grape varieties, such as Pinot Noir and Chardonnay. This diversification allows them to cater to a broader range of consumer preferences. Moreover, the New Zealand wine market has been successful in exporting its wines to key markets, including the United States, Australia, the United Kingdom, and China. Continued efforts to expand into emerging markets offer significant growth opportunities.
COMPETITIVE INSIGHTS
Some of the key players in the market are Constellation Brands New Zealand Ltd, Beam Global (NZ) Ltd, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Methodology
- 1.3. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Country Snapshot
- 2.3. Country Analysis
- 2.4. Scope Of Study
- 2.5. Crisis Scenario Analysis
- 2.5.1. Impact Of Covid-19 On Wine Market
- 3. Market Dynamics
- 3.1. Key Growth Enablers
- 3.1.1. Surging Demand By Local Consumers For Sustainable Wine
- 3.1.2. Increasing Digitization And Adoption Of E-commerce For Wine Sales
- 3.1.3. Health Benefits Associated With Wine Consumption
- 3.2. Key Challenges
- 3.2.1. Projected Labor Shortage And Unavailability Of Skilled Workers
- 3.2.2. Climatic Changes Affect Wine Production
- 4. Key Analytics
- 4.1. Key Market Trends
- 4.2. Pest Analysis
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Buyers Power
- 4.3.2. Suppliers Power
- 4.3.3. Substitution
- 4.3.4. New Entrants
- 4.3.5. Industry Rivalry
- 4.4. Opportunity Matrix
- 4.5. Value Chain Analysis
- 4.6. Key Buying Criteria
- 4.7. Market Share Analysis, 2021 & 2022 (In %)
- 4.8. Brand Share Analysis, 2021 & 2022 (In %)
- 5. Market By Product (In Terms Of Revenue: $million & In Terms Of Volume: Million Liters)
- 5.1. Fortified Wine And Vermouth
- 5.1.1. Port
- 5.1.2. Sherry
- 5.1.3. Vermouth
- 5.1.4. Other Fortified Wine
- 5.2. Non-grape Wine
- 5.2.1. Apple Wine
- 5.2.2. Other Non-grape Wine
- 5.3. Sparkling Wine
- 5.3.1. Champagne
- 5.3.2. Other Sparkling Wine
- 5.4. Still Light Grape Wine
- 5.4.1. Still Red Wine
- 5.4.2. Still Rosé Wine
- 5.4.3. Still White Wine
- 6. Market By Trade (In Terms Of Revenue: $million & In Terms Of Volume: Million Liters)
- 6.1. Off-trade
- 6.2. On-trade
- 7. Market By Price Range - Sparkling Wine
- 8. Market By Price Range - Still Red Wine
- 9. Market By Price Range - Still Rosé Wine
- 10. Market By Price Range - Still White Wine
- 11. Competitive Landscape
- 11.1. Key Strategic Developments
- 11.1.1. Acquisitions
- 11.1.2. Product Launches & Developments
- 11.1.3. Partnerships
- 11.1.4. Business Expansions
- 11.2. Company Profiles
- 11.2.1. Beam Global (Nz) Ltd
- 11.2.2. Constellation Brands New Zealand Ltd
- 11.2.3. Delegat Group Ltd
- 11.2.4. Negociants New Zealand Ltd
- 11.2.5. Pernod Ricard
- 11.2.6. Villa Maria Estate Ltd
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