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Wine Market 2020- projected to grow at a Significant Rate with Leading Industry Players- Accolade Wines, The Wine Group, Davide Campari-Milano S.p.A., E. & J. Gallo Winery, Constellation Brands

Wine Market with Insights and Key Business Factors:

The latest Market report by a Data Bridge Market Research with the title [Global Wine Market – Industry Trends and Forecast to 2026]. Wine Market report contains reviews about key players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies. While preparing this credible Wine market research report, markets on the local, regional as well as global level are explored. For generation of an excellent Wine market analysis report, principal attributes such as highest level of spirit, Porter’s Five Analysis, practical solutions, dedicated research and analysis, innovation, talent solutions, integrated approaches, CAGR, SWOT Analysis,  most advanced technology and commitment plays a key role.

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The study considers the Wine Market value and volume generated from the sales of the following segments:
Major Market manufacturers covered in the Wine Market are:
Accolade Wines, The Wine Group, Davide Campari-Milano S.p.A., E. & J. Gallo Winery, Constellation Brands, Inc., John Distilleries, India, Castel Group, CDV · Compagnia del Vino, AMVYX, BACARDI, Pernod Ricard, TREASURY WINE ESTATES, Caviro, Miguel Torres S. A., Concha y Toro, Sula Vineyards Pvt. Ltd., Chapel Down and others.

  • On the basis of type, the market is segmented into still wines, sparkling wines, fortified wines and others. In 2019, still wines segment is expected to grow at the CAGR of 7.0% in the forecast period of 2019 to 2026. However, sparkling wines segment is growing with highest CAGR 8.0% in the forecast period of 2019 to 2026.
    • In July 2018, Accolade Wines launched Batch X. This Batch X contains two new wines that helped in completing consumer needs. With this the company has increased its product portfolio and increase their business by adding more retail partners hence that maximized the sales of wine in market.
  • On the basis of colour, the market is segmented into red wine, white wine, rose wine and others. In 2019, red wine segment is expected to grow at the CAGR of 7.30% in the forecast period of 2019 to 2026. However, white wine segment is growing with highest CAGR 7.33% in the forecast period of 2019 to 2026.
    • In March 2018, Accolade Wines launched first Echo Falls product in their Prosecco sector for the first time. With this launch prosecco market increased with high growth rate in wine industries.
  • On the basis of product type, the market is segmented into flavoured and unflavoured. In 2019, unflavoured segment is expected to grow at the highest CAGR of 7.4% in the forecast period of 2019 to 2026.
    • In January 2018, Accolade Wines launched fine wine partners in the U.K. and Ireland and increased its product portfolio including petaluma and stonier. This launch increased its business in many countries as they have launched the products in different countries.
  • On the basis of packaging type, the market is segmented into bottles, cans and others. Bottles segment is sub-segmented into glass and plastic. In 2019, bottles segment is expected to grow at the CAGR of 6.9% in the forecast period of 2019 to 2026. However, can segment is growing with highest CAGR 7.9% in the forecast period of 2019 to 2026.
    • In June 2017, Pernod Ricard India has launched a Spanish wine produced by using Tempranillo grapes. By launching the new wine in India and hence increased their portfolio of wines in India.
  • On the basis of body type, the market is segmented into light-bodied, medium-bodied and full-bodied. In 2019, full-bodied segment is expected to grow at the highest CAGR of 7.2% in the forecast period of 2019 to 2026.
    • In June 2017, Pernod Ricard India has launched a Spanish wine produced by using Tempranillo grapes. By launching the new wine in India and hence increased their portfolio of wines in India.
  • On the basis of distribution channel, the market is segmented into off trade and on trade. The on trade is sub segmented into specialty stores, online retailers and others. In 2019, off trade segment is expected to grow at the highest CAGR of 7.2% in the forecast period of 2019 to 2026.
    • In May 2016, Concha y Toro UK launched free advice app that helped the company to maximize wine sales on the shop floor. With this launch the company’s product selling increased and also the company enhanced its business in wine market.

Based on regions, the Wine Market is classified into North America, Europe, Asia- Pacific, Middle East & Africa, and Latin America
Middle East and Africa (GCC Countries and Egypt)
North America (United States, Mexico, and Canada)
South America (Brazil, Argentina etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

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Wine is derived from grapes by the process of fermentation where sugar and yeast combines and produces alcohol and carbon dioxide. The process of fermentation with an availability of sugar and yeast gives around 15.0% of alcohol. Three major types of wine are available in the market and they are table, sparkling wine and fortified wine.
The Wine making process involves picking fresh grapes, sorting, De-stemmed and crushing, Placing must (crushed grapes) into a vat with (red) or without skins (white), Fermentation process that takes 4- 20 days, Pressed into barreled and aged filtered bottle. Global wine market is expected to reach a healthy CAGR of 7.1 % in the forecast period 2019 to 2026. The new market report contains data for historic years 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

Product launch:

  • In July 2018, Accolade Wines launched Batch X. This Batch X contains two new wines that helped in completing consumer needs. With this the company has increased its product portfolio and increase their business by adding more retail partners hence that maximized the sales of wine in market.
  • In March 2018, Accolade Wines launched first Echo Falls product in their Prosecco sector for the first time. With this launch prosecco market increased with high growth rate in wine industries.
  • In January 2018, Accolade Wines launched fine wine partners in the U.K. and Ireland and increased its product portfolio including petaluma and stonier. This launch increased its business in many countries as they have launched the products in different countries.
  • In June 2017, Pernod Ricard India has launched a Spanish wine produced by using Tempranillo grapes. By launching the new wine in India and hence increased their portfolio of wines in India.
  • In October 2017, Jacob’s creek, Brand of Pernod Ricard launched ‘double barrel’ wine. This is the innovation of wine by the company and with this the company increased their product portfolio.

Key Benefits for Wine Market:

  1. In-depth analysis of the Market is conducted by constructing Market estimations for the key Market segments between 2020 and 2026. The report provides an extensive analysis of the current and emerging Wine Market trends and dynamics.
  2. Key Market players within the Market are profiled in this report and their strategies are analyzed thoroughly, which helps to understand the competitive outlook of the industry.
  3. Extensive analysis of the Market is conducted by following key product positioning and monitoring of the top manufacturers within the Market
  4. A comprehensive analysis of all the regions (North America, Europe, Asia-Pacific, South America, The Middle East and Africa)

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Data Bridge Market research endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best Market opportunities and foster efficient information for your business to thrive in the Market.

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