White Wine Market Research 2024-2033 - Size, Share, Trends, Outlook, Overview

The white wine market size has grown strongly in recent years. It will grow from $39.8 billion in 2023 to $41.9 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to changing retail landscapes, rise in wine enthusias, consumer education and awarenes, export and trade growth, marketing and branding initiatives..

The white wine market size is expected to see strong growth in the next few years. It will grow to $51.88 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to cultural shifts and drinking habits, climate change adaptation, exploration of new markets, sustainable and organic practices, innovation in production and marketing.. Major trends in the forecast period include artisanal and small-batch productions, rise in health-conscious consumers, increasing wine tourism, innovative packaging and branding, exploration of indigenous varietals..

Market Overview -
White wine refers to a light-colored wine made from green, yellow, or black grapes without their skins that has a pale-yellow hue. White wine has an average alcohol concentration of 10% ABV (alcohol by volume), ranging from 5% to 14% ABV.

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White Wine Market Flourishes Amidst Global Rise In Wine Consumption
The rise in the consumption of wine is expected to propel the growth of the white wine market going forward. Wine is an alcoholic drink created from fermented grape juice. Grapes are 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. For instance, according to the statistics shared by the Wine Institute, a US-based association of 1,000 California wineries and wine-related businesses, in the USA, 1.1 billion gallons of wine was consumed in 2021. Therefore, the rise in the consumption of wine is driving the growth of the white wine market.

Competitive Landscape -
Major companies operating in the white wine market report are E. & J. Gallo Winery, Caviro S.c.a., Grupo Peñaflor S.A., The Wine Group Inc., Accolade Wines Australia Limited, Casella Family Brands Pty Ltd, Treasury Wine Estates Limited, China Great Wall Wine Co. Ltd., Vina Concha y Toro S.A., Domaines Barons de Rothschild (Lafite), Louis Roederer S.A., Marchesi Antinori S.p.A., Harlan Estate Winery LLC, Screaming Eagle Winery and Vineyards, Yantai Changyu Pioneer Wine Company Limited, Pernod Ricard SA, Constellation Brands Inc., Jackson Family Wines, Trinchero Family Estates, Bronco Wine Company, Kendall-Jackson Vineyard Estates, Ste. Michelle Wine Estates Ltd., Miguel Torres S.A., Robert Mondavi Winery, Kim Crawford Wines, Wente Vineyards, Rodney Strong Vineyards, Fetzer Vineyards, Hogue Cellars, Beringer Vineyards, Simi Winery, La Crema Winery LLC, Francis Ford Coppola Winery LLC, J. Lohr Vineyards & Wines, Bogle Vineyards Inc., Segura Viudas S.A., Mumm Napa Valley .

Pioneering Product Developments Reshape The Landscape Of The White Wine Market
Product innovations have emerged as a key trend gaining popularity in the white wine market. Major companies operating in the white wine market are focused on developing innovative white wine products to strengthen their position in the market. For instance, in May 2021, Oddbird Winery, a Sweden-based crafted wine producer, launched Intervention Organic White No. 1, the world's first natural wine completely liberated from alcohol. The wine's flavor is enhanced, as well as the region's rich biodiversity of animals, plants, and insects, which are protected by the wine's cultivation process, which is 100% organic and uses no fertilizer, irrigation, or spraying. Compared to an ordinary vineyard, the CO2 impact is significantly smaller. For freshness, the fermentation of this natural white wine occurs in steel tanks. Stone fruit, beeswax, and clean, fresh, mineral-rich citric acid are all present in the flavor, along with notes of August pears.

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Key Segments -

The white wine market covered in this report 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

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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