Canada Wine Market Research Report Information by Type Category (Alcoholic, Non-Alcoholic), By Product Type (Red wine, White wine, Rose wine, Sparkling Wine, and others), By Consumer Group (Gen Z, Gen X, Millennial, Baby Boomer), By End User (Residential,
Canada Wine Market Research Report Information by Type Category (Alcoholic, Non-Alcoholic), By Product Type (Red wine, White wine, Rose wine, Sparkling Wine, and others), By Consumer Group (Gen Z, Gen X, Millennial, Baby Boomer), By End User (Residential, commercial), By Price Range (Economy, Premium), And by Distribution Channel (Off Premises, On Premises) Industry Forecast Till 2032
In 2023, the wine market in Canada was estimated to be worth USD 12,750.57 million. According to projections, the Canada Wine Market market will expand at a compound annual growth rate (CAGR) of 2.24 percent from 2024 to 2032, when it is expected to reach USD 15,678.67 million.
Changes in consumer preferences and innovations in regional production are driving growth trends and movements in the Canadian wine market. Canada's wine business has grown, especially in the epidemic years of 2020 and 2021, despite previously being overshadowed by its harsh climate. There was a rise in wine consumption during this time, indicating that the industry was growing and that sophisticated, well-brewed wines were preferred by emerging customers. Furthermore, in Canada, wines continue to be the most preferred variety of wine in terms of both quantity and quality.
Sparkling wines are becoming more and more popular, but so are organic wines and wines made using sustainable methods, which puts them in line with environmental and health consciousness worldwide. Customers who care about the environment are drawn to Canadian vineyards because they use sustainable viticulture more frequently. This approach enhances the marketability of Canadian wines and is supported by long-term environmental goals. The focus on regional and handcrafted goods is another noteworthy development. Customers are demonstrating a preference for wines that highlight the distinctive terroir and skill of Canadian wine producers.
Insights on Market Segments The wine market in Canada has been divided into two categories: alcoholic and non-alcoholic. The market has been divided into categories such as red wine, white wine, rose wine, sparkling wine, and others based on the type of product. The Canadian wine market has been divided into four segments: Gen Z, Gen X, Millennials, and Baby Boomers, based on customer demographics. The market has been divided into residential and commercial segments based on the end-user. The wine market in Canada has been divided into economy and premium segments based on price range. The market has been divided into two segments: off-premises and on-premises, based on the distribution channel.
Principal Players Constellation Brands, Inc., Andrew Peller Ltd., Treasury Wine Estates Ltd., Diamond Estates Wines & Spirits LTD, Corby Spirit and Wine, Magnotta Inc., Accolade Wines, Colio Estate Wines, Pelee Island Winery, and Chateau des Charmes are important players in the Philippines agrichemicals business.
1 Executive Summary
1.1 Market Attractiveness Analysis
1.1.1 Canada Wine Market, By Product Type
1.1.2 Canada Wine Market, By Category
1.1.3 Canada Wine Market, By Consumer Group
1.1.4 Canada Wine Market, By End-user
1.1.5 Canada Wine Market, By Price Range
1.1.6 Canada Wine Market, By Distribution Channel
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Research Objective
2.4 Market Structure
3 Research Methodology
3.1 Overview
3.2 Data Flow
3.2.1 Data Mining Process
3.3 Purchased Database:
3.4 Secondary Sources:
3.4.1 Secondary Research Data Flow:
3.5 Primary Research:
3.5.1 Primary Research Data Flow:
3.5.2 Primary Research: Number Of Interviews Conducted
3.5.3 Primary Research: Regional Coverage
3.6 Approaches For Market Size Estimation:
3.6.1 Consumption & Net Trade Approach
3.6.2 Revenue Analysis Approach
3.7 Data Forecasting
3.7.1 Data Forecasting Technique
3.8 Data Modeling
3.8.1 Microeconomic Factor Analysis:
3.8.2 Data Modeling:
3.9 Teams And Analyst Contribution
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increasing Wine Tourism And International Recognition
4.2.2 Introduction Of Innovative Product Variants
4.3 Restraints
4.3.1 Price Volatility
4.3.2 Competition From Imports
4.4 Opportunity
4.4.1 Increasing Domestic Market Growth
4.4.2 Expanding Its Wine Exports
4.5 Challenges
4.5.1 Decreasing Sales
4.5.2 Climate And Geography
4.6 Strategic Insights
4.6.1 Technology Update
4.7 Regulatory Update
4.8 Market Trends
4.9 Impact Analysis Of Covid-19
4.9.1 Impact On Overall Alcoholic Beverage Industry
4.9.1.1 Economic Impact
4.9.2 Impact On Canada Wine Market
4.9.3 Impact On Supply Chain Of Wine
4.9.4 Impact On Market Demand Of Wine
4.9.4.1 Impact Due To Restrictions/Lockdown
4.9.4.2 Consumer Sentiments
4.9.5 Impact On Pricing Of Wine
4.9.6 Consumer Behavior Analysis
5 Market Factor Analysis
5.1 Value Chain Analysis
5.1.1 Harvesting
5.1.2 Crushing And Pressing
5.1.3 Fermentation
5.1.4 Packing And Labeling
5.2 Supply Chain Analysis
5.2.1 Participants (At Different Nodes)
5.2.1.1 Raw Material Suppliers
5.2.1.2 Manufacturers
5.2.1.3 Distribution Channels
5.2.1.4 End Users
5.2.2 Integration Levels
5.2.3 Key Issues Addressed (Key Success Factors)
5.3 Porter’s Five Forces Model
5.3.1 Bargaining Power Of Suppliers
5.3.2 Bargaining Power Of Buyers
5.3.3 Threat Of New Entrants
5.3.4 Threat Of Substitutes
5.3.5 Intensity Of Rivalry
5.4 Key Market Buzz
5.5 Sentiment Analysis
5.6 Price-point Assessment
5.6.1 Economy/Regular
5.6.2 Premium
5.7 Consumer Expanses On Non-alcoholic Beverages Across The Country
5.7.1 Ontario
5.7.2 Quebec
5.7.3 Alberta
5.7.4 British Columbia
5.7.5 Manitoba
5.8 Canada Demand - Supply Analysis
6 Canada Wine Market, By Product Type
6.1 Introduction
6.2 Red Wine
6.3 White Wine
6.4 Rose Wine
6.5 Sparkling Wine
6.6 Others
7 Canada Wine Market, By Category
7.1 Introduction
7.2 Alcoholic
7.3 Non-alcoholic
8 Canada Wine Market, By Consumer Group
8.1 Introduction
8.2 Gen Z
8.3 Gen X
8.4 Millennial
8.5 Baby Boomer
9 Canada Wine Market, By End-user
9.1 Introduction
9.2 Residential
9.3 Commercial
10 Canada Wine Market, By Price Range
10.1 Introduction
10.2 Economy
10.3 Premium
11 Canada Wine Market, By Distribution Channel
11.1 Introduction
11.2 Off-premises
11.2.1 Supermarkets & Hypermarkets
11.2.2 Specialty Store
11.2.3 Distributors/B2b
11.2.4 Off-license Shops/Liquor Shops
11.2.5 Online
11.2.6 Others
11.3 On-premises
12 Competitive Landscape
12.1 Introduction
12.2 Competition Dashboard
12.2.1 Product Portfolio
12.2.2 Regional Presence
12.2.3 Strategic Alliances
12.2.4 Industry Experiences
12.3 Market Share Analysis, 2023
12.4 Who Are The Major Disruptors & Innovators
12.5 What Strategies Are Being Adopted By Market Leaders