Key Findings of the Wine Market | Top Players Covered Sula , Vinsura Winery, Fratelli Wines, York Wines, John Distilleries

HTF Market Intelligence released a new research report of 95 pages on title 'India Wine Market Outlook, 2023' with detailed analysis, forecast and strategies.

REPORT DESCRIPTION

'India Wine Market Outlook, 2023' gives a comprehensive analysis on the Indian wine industry. The market has observed high growth owing to increasing popularity of wines, increase in disposable income, growing consumption of alcohol between women, etc. The market further shows high growth potential as all the segments show high growth rate. Wine in India is gaining importance as a mainstream drink and is being consumed on various occasions, both at home and at restaurants/bars. Buyers mostly prefer to consume at home with relatives, which indicate that wine is increasing social acceptance between Indian family. In restaurants, wine is mostly consumed during large gatherings, business parties or dinning meetings.

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India Wine market observed growth with CAGR of more than 25% from year 2011-12 to 2016-18. The market observed high growth in all segments of as the Indian wine market was a very young market during this period. The period observed increasing awareness of wine and wine brands in India. The vineries have started becoming picnic spots and provide educational tours as well as consist of tasting rooms in it. While the increasing craze of Bollywood also helped Indian wine market as many of the heroines are observed consuming wine in the movies.In India, Nashik in Maharashtra is known as the Napa Valley of India, most of the renowned vineyards of the country are located in this belt. More than half of the Indian wine estates are situated in Maharashtra. Other popular wine growing regions are found in southern India, in the state of Karnataka and a small number of vineyards are available in Andhra Pradesh, Tamil Nadu and Himachal Pradesh
The popularity of champagne which is known as sparkling wine is also increasing in India.

People in India have started following the western culture of popping Champlain on good occasions such as signing new deals, earning high profit, corporate parties, wedding, dinners, etc. This has led to growth of sparkling wine in the Indian Wine market and has boosted sales. The market has also witnessed the growth of white and rose wines in the past as new variants and brands emerged into this category. The current Indian wine market is dominated by Red wines while future shoes growth in market share of White, Sparkling and Rose wine.

Covered in the report:
• India Wine
• Red wine
• Rose wine
• Sparkling wine
• White wine

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How it will help solving your strategic decision-making process??
The report gives an in-depth understanding of the Wine market in India and consists of:
- India Alcoholic Beverages Market Outlook.
- India Alcoholic Beverages MarketBy Value & Forecast.
- India Alcoholic Beverages MarketByVolume& Forecast.
- India Wine Market Size By Value & Forecast.
- India Wine Market Size By Volume & Forecast.
- India wine Market Segmental Analysis: By Company, By type.
- India Red WineMarket Size By Value & Forecast.
- India Red WineMarket Size By Volume & Forecast.
- India White Wine Market Size By Value & Forecast.
- India White Wine Market Size By Volume & Forecast.
- India Sparkling Wine Market Size By Value & Forecast.
- India Sparkling Wine Market Size By Volume & Forecast.
- India Rose Wine Market Size By Value & Forecast.
- India Rose Wine Market Size By Volume & Forecast.
- India Other Wine Market Size By Value & Forecast.
- India Other Wine Market Size By Volume & Forecast.

This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Report Methodology

The information contained in this report is based upon both primary and secondary research. Primary research included interviews with various channel partners of Wine products in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
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Companies Profiled in the Report

1. Grover Zampa Vineyards Limited
2. Sula Vineyards Limited
3. Vinsura Winery Pvt. Ltd.
4. Fratelli Wines Private Limited
5. York Wines Private Limited
6. John Distilleries Private Limited
7. Pernod Ricard India Private Limited
8. United Spirit Limited (Diageo Group)
9. Heritage Grape Winery Private Limited
10. Terroir India Wineries Pvt. Ltd. (Indus Wines)

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