Wine Market 2020-2026 Sets the Table for Continued Growth | Global Players - Accolade Wines, The Wine Group, Davide Campari-Milano S.p.A., E. & J. Gallo Winery

Global Wine Market report endows with a profound overview of product specification, product type, production analysis, and technology by taking into consideration the major factors such as revenue, cost, and gross margin. According to this business document, key players are taking actions such as developments, product launches, acquisitions, mergers, joint ventures and competitive analysis in the industry.

 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.

Few of the leading organizations’ names are listed here- 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.

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Succinct Description of the Market:

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.

The Wine is segmented on the basis of types and breadth of solutions offered by each of them. The first type is by Type (Still Wines, Sparkling Wines, Fortified Wines, Others), Colour (Red Wine, White Wine, Rose Wine, Others), Product Type (Unflavoured, Flavoured), Packaging (Bottles, Can, Others), Body Type (Full-Bodied, Light-Bodied, Medium-Bodied), Distribution Channel (Off Trade, On Trade)

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.

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Crucial Market Segment details-:

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.

Research strategies and tools used-:

This WINE market research report helps the readers to know about the overall market scenario, strategy to further decide on this market project. It utilizes SWOT analysis, Porter’s Five Forces Analysis and PEST analysis.

Table of Contents

1 Wine Market Overview

2 Manufacturers Profiles

3 Global Wine Market Competitions, by Players

3.1 Global Wine Revenue and Share by Players

3.2 Market Concentration Rate

3.2.1 Top 5 Wine Players Market Share

3.2.2 Top 10 Wine Players Market Share

3.3 Market Competition Trend

4 Global Wine Market Size by Regions

5 North America Wine Revenue by Countries

6 Europe Wine Revenue by Countries

7 Asia-Pacific Wine Revenue by Countries

8 South America Wine Revenue by Countries

9 Middle East and Africa Revenue Wine by Countries

10 Global Wine Market Segment by Type

11 Global Wine Market Segment by Application

12 Global Wine Market Size Forecast (2019-2027)

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Conclusion:  

This Wine research report gives the outcome that matters most to the client. The research carried out in this report suggests what is going to be beneficial and how the report will help the business to grow.

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