Global Dry White Wine Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Dry White Wine Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Dry white wine is known as a wine that is not sweet.

The dry versions of white wines are defined by when the grapes are harvested along with the concentration of the juices. The longer the grape remains on the vine, the less sugar will be present because it is being turned by the yeast into alcohol due to the fermentation process.

The color of the wine is a straw-yellow, yellow-green, or yellow-gold. It is produced by fermentation of the alcohol of the non-colored pulp of grapes, which may have a skin of the any color.

Market Overview:

The latest research study on the global Dry White Wine market finds that the global Dry White Wine market reached a value of USD 29042.14 million in 2022. It’s expected that the market will achieve USD 33386.0 million by 2028, exhibiting a CAGR of 2.35% during the forecast period.

Affect the normal operation of the industry

The raging COVID-19 plunged the global economic environment into depression. The impact of COVID-19 on the global Dry White Wine industry will involve all major links and all entities in the industry chain. The company's management efficiency has declined, commuting has been severely hindered, production plans have been severely hindered, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced, market sales have declined, and company and employee revenue have declined. The government has also put forward higher requirements for the production and operation of enterprises.
In the short term, due to the outbreak of the coronavirus disease (COVID-19), and the consequent lockdowns and disruptions in the supply chain, the company's operating pressure will increase and the overall sales of Dry White Wine have declined for the short term due to postponement of workers' arrival and logistics and transportation issues. Additionally, restaurants and bars, which have been the main buyers of wines have closed down, leading to a slump in demand for wine, thus creating a surplus.

International trade is blocked

The spread of the COVID-19 has severely affected the Dry White Wine market. This is because of the sudden shutdown of factories along with a ban on international flights, causing the blocked international trade. Due to serious domestic and international epidemics, products cannot come in or go out. The number of international shipping voyages has decreased and the transportation cost is high. Many countries have adopted measures such as prohibiting entry, leading to the cancellation of business activities and procurement plans, and the decrease in the number of foreign orders, which exacerbated the survival crisis of export enterprises.
With the outbreak of the epidemic in Europe, wineries in France, Italy, Spain and other countries can continue to produce because they are in the countryside, even if the impact is small, but the inland transportation and logistics will likely be interrupted, and the export of wine into other countries will be greatly reduced.

Acceleration of online and offline integration

Different from fast-selling products such as juice and water, wine is a very social product. Foot-free and social suspension are a very fatal blow to all offline stores. The rent, salary and various expenses faced by offline entities are very large every month, and physical stores must think about how to reduce expenses and increase revenue. This epidemic has severely hit offline physical businesses, making more companies see that online platforms have more flexible service models than traditional offline services. Enterprises realize that only by close integration of online and offline can they be deeply connected with users. Therefore, online sales of dry white wine will gradually increase.

Region Overview:

Geographically, Europe held the largest market share – 41.01% in 2022.

Company Overview:

E&J Gallo Winery is one of the major players operating in the Dry White Wine market, holding a share of 4.36% in 2023.

E&J Gallo Winery

E. & J. Gallo Winery produces and distributes alcoholic beverages. The Company offers table and sparkling wine, malt beverages, dessert wine, and distilled spirits. E.&J. Gallo Winery serves customers worldwide.

Constellation

Constellation a leading international producer and marketer of beer, wine and spirits. The Company has a portfolio of brands across the wine, imported beer, and distilled spirits categories. Constellation conducts its business through wholly owned subsidiaries as well as through a variety of joint ventures with various other entities.

Segmentation Overview:

As for product types, the Still Wines segment held the largest market share in 2022.

Still wine

Still wine is a type of table wine that is absent of any carbon dioxide which is what makes them still, not bubbly, sparkling or fizzy. Carbon dioxide (CO2) is a part of the fermentation process and is released when yeast and sugar mix, so all wines at one point in their development have bubbles present. Still wines, however, are treated to remove CO2, but sometimes, it can have few bubbles left over. These bubbles can be removed by using a decanter when pouring the wine to break up the remaining CO2.

Sparkling wine

Sparkling wine is a wine with significant levels of carbon dioxide in it, making it fizzy. Sparkling wines like Champagne can add a little sweetness and acidity to a dish. People can use it for making creme dishes as well as pork, lamb, and turkey.
The sparkling quality of these wines comes from its carbon dioxide content and may be the result of natural fermentation, either in a bottle, as with the traditional method, in a large tank designed to withstand the pressures involved (as in the Charmat process), or as a result of simple carbon dioxide injection in some cheaper sparkling wines.

Application Overview:

By application, the Social Occasions segment occupied the biggest share from 2018 to 2022.

Daily Meals

Dry White Wine can be used to the daily meals to add flavor. Drinking a glass of wine with a meal can elevate people’s dining experience to a whole new level, but combining wine and food isn’t always about pairing a glass with a dish. Cooking with wine is also a way to combine the two.

Social Occasions

Social occasions refer to the occasions for socializing and socializing with colleagues and business partners in public after work. Wine culture is very important in many countries and is closely related to people’s social life, marriage, work, etc.

Entertainment Venues

Generally speaking, Entertainment Venues refers to the singing and dancing, amusement and other places for profit-making and open to the public for consumers to entertain themselves. It mainly includes various singing and dancing entertainment venues such as song and dance halls and karaoke venues, and those that operate games and amusement equipment for entertainment.

Key Companies in the global Dry White Wine market covered in Chapter 3:

Treasury Wine Estates (TWE)
Castel
Kendall-Jackson Vineyard Estates
Accolade Wines
Dynasty
Pernod-Ricard
Concha y Toro
Changyu Group
Casella Wines
Constellation
E&J Gallo Winery
Trinchero Family
The Wine Group
Great Wall

In Chapter 4 and Chapter 14.2, on the basis of types, the Dry White Wine market from 2018 to 2029 is primarily split into:

Still Wines
Sparkling Wines

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Dry White Wine market from 2018 to 2029 covers:

Daily Meals Clients
Social Occasions Clients
Entertainment Venues Clients
Other Situations Clients

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)