Global Wine Market Size, Share, Analysis, Industry Report and Forecast 2019-2025
The global wine market is estimated to grow at a CAGR of 3.7% during the forecast period. The wine industry valued at $157.6 billion in 2018 and is estimated to reach $201.2 billion in 2025. Health benefits and premiumization of wine products along with innovation in flavor and more advanced distribution networks across the globe are the major factors that drive the growth of the global wine market. The wine contains antioxidants that, when consumed, fight with free radicals to avoid diseases such as cancer. Additionally, the growing demand in emerging economies such as China and India are also contributing to the global wine market.
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According to the Wine Institute of the US, the consumption of wine has
been increased over the past 4 years from 919 million gallons in 2015 to 966
million gallons in 2018. However, the consumption of wine per individual has
not seen a sharp increase. In 2015, the wine consumption per individual was
2.86 gallons and in 2018 the wine consumption per individual was 2.95 gallons.
According to the World Health Organization, in 2016, wine holds 28% of share
(in terms of volume) in the overall alcoholic beverage consumption across the
globe. Barefoot, Concha Toro, Gallo, Changyu, Yello Tail, Sutter Home, Robert
Mondavi, hardy’s, Beringer, and Great Wall among others are the major wine
brands across the globe.
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Global Wine Market
Segmentation
By Type
·
Still
Wine
·
Sparkling
Wine
·
Dessert
Wine
·
Fortified
Wine
By
Distribution Channel
·
Online
·
Offline
Regional
Analysis
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
Rest oF APAC
Rest of The World
Company
Profiles
·
Accolade
Wines
·
Asahi
Group Holdings, Ltd.
·
Bronco
Wine Co.
·
Bundaberg
Brewed Drinks Pvt. Ltd.
·
Carlsberg
Breweries A/S
·
China
Resources Snow Breweries
·
Constellation
Brands Inc.
·
Craft
Brew Alliance
·
DGB
(Pty) Ltd.
·
Diageo
PLC
·
Halewood
International, Ltd.
·
Heineken
Holding N.V.
·
Kirin
Holdings Co. Ltd.
·
Molson
Coors Brewing Co.
·
SABMiller
PLC
·
Suntory
Holdings, Ltd.
·
Thai
Beverage PLC
·
The
Boston Beer Company, Inc.
·
The
Wine Group, Inc.
·
Treasury
Wine Estates
·
Tsingtao
Beer (H.K.) Trading Co., Ltd.
·
United
Breweries, Ltd.
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