Press release
White Wine Market Report by Growth, Size, Share and Forecast 2023 To 2023 - Key Players are E&J Gallo Winery, Caviro, Grupo Penaflor S.A., The Wine Group, Accolade Wines Australia Limited
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's White Wine Global Market Report 2023 identifies The rise in the consumption of wine as the major driver for the White Wine market's growth in the forecast period. Wine is an alcoholic drink created from fermented crushed to release their sweet liquid, which is then transformed into alcohol by alcoholic fermentation. The most popular global wines are red wines and white wines. The consumption of wine is increasing mainly due to concern and precariousness, its taste and the digital environment.
The global white wine market size is expected to grow from $37.71 billion in 2022 to $39.72 billion in 2023 at a compound annual growth rate (CAGR) of 5.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global white wine market size is expected to grow to $47.99 billion in 2027 at a CAGR of 4.8%.
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Major competitors in the White Wine market are E&J Gallo Winery, Caviro, Grupo Penaflor S.A., The Wine Group, Accolade Wines Australia Limited, Casella Family Brands, Treasury Wine Estates (TWE), Great Wall, Viña Concha y Toro SA, Château Lafite Rothschild, Penfolds.
A key trend in the White Wine market includes Product innovations. Major companies operating in the white wine market are focused on developing innovative white wine products to strengthen their position in the market.
Read More On The Global White Wine Market Report Here:
https://www.thebusinessresearchcompany.com/report/white-wine-global-market-report
The White Wine market is segmented -
1) By Type: Chardonnay, Pinot Grigio, Sauvignon Blanc, Viognier, Torrontes, Albarino, Other types
2) By Body Type: Light Bodied , Medium Bodied, Full-Bodied
3) By Sweetness Level: Dry, Semi-Sweet, Sweet
4) By Sales Channels: Modern trade, Grocery Store, Convenience Stores, E-Commerce
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the White Wine market.
The Business Research Company's "Global White Wine Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The White Wine Market Include:
1. Executive Summary
2. White Wine Market Characteristics
3. White Wine Market Trends And Strategies
4. White Wine Market - Macro Economic Scenario
5. White Wine Market Size And Growth
……
27. White Wine Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The White Wine Market
29. White Wine Market Future Outlook And Potential Analysis
30. Appendix
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