Wine Market Global Trends 2022 - Size, Growth, Analysis, Demand and Forecast to 2027

by George Poter Market Analyst

According to the latest report by IMARC Group, "Global Wine Market Trends, Size, Share, Industry Growth, Opportunity and Forecast 2022-2027", the global wine market size reached US$ 430.54 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 605.22 Billion by 2027, exhibiting a CAGR of 5.70% during 2022-2027.


Wine is an alcoholic beverage that is acquired from fermented grapes. It can be of various types, such as still wine, sparkling wine, fortified wine, etc. Wine variants comprise of water, acids, alcohol, sugar, aromatics, tannins, calcium carbonate, potassium sorbate, sulfur dioxide, and potassium metabisulfite. They are extensively used for consumption and cooking purposes as they enhance the flavor and color of finished dishes. Wine drinks are a rich source of antioxidants and help in managing bad cholesterol, reducing the risk of cancer, and preventing cell damage. As a result, they are in high demand among consumers across the globe.


Wine Market Trends and Drivers:


The rising product premiumization in the food and beverages (F&B) sector and the increasing inclination of buyers towards new exotic flavors are primarily driving the global wine market. Additionally, the strategic collaborations amongst the key players to launch several new variants, including cannabis-infused wines, for catering to the shifting preferences of the masses are acting as significant growth-inducing factors.


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Besides this, the expanding adoption of Western cultures and the emerging trend of alcohol socialization among global consumers are also positively influencing the market growth. Apart from this, the inflating popularity of e-commerce channels for buying alcohol is expected to augment the wine market over the forecasted period. 


Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.


Global Wine Market 2022-2027 Analysis and Segmentation:


Competitive Landscape:


The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.


Accolade Wines, Asahi Group Holdings Ltd., Bacardi Limited, Bronco Wine Company, Castel Frères, Chapel Down Group PLC, Constellation Brands Inc., E. & J. Gallo Winery, Foley Family Wines, Pernod Ricard, The Wine Group and Treasury Wine Estates Limited.


The report has segmented the market on the basis of region, product type, color and distribution channel.


Breakup by Product Type:

  • Still Wine
  • Sparkling Wine
  • Fortified Wine and Vermouth


Breakup by Color:

  • Red Wine
  • Rose Wine
  • White Wine


Breakup by Distribution Channel:

  • Off-Trade

o     Supermarkets and Hypermarkets

o     Specialty Stores

o     Online Stores

o     Others

  • On-Trade


Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa


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If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.


Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape


If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.


About Us:


IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.


IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.


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About George Poter Innovator   Market Analyst

20 connections, 1 recommendations, 84 honor points.
Joined APSense since, June 2nd, 2022, From Noida, India.

Created on Aug 17th 2022 04:15. Viewed 337 times.


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