Press release
Global White Wine Market: Unleashing Growth Opportunities and Major Trends for 2024 to 2029
White Wine Market Size
What Is The Projected Market Size Of The Global White Wine Market And Its Growth Rate?
The global white wine market has been showing strong performance in recent years. Key statististics include:
• Growth projection from $42.36 billion in 2024 to $44.7 billion in 2025 at a compound annual growth rate (CAGR) of 5.5%. This growth can be tied to changing retail landscapes, a rise in wine enthusiasts, increased consumer education and awareness, export and trade growth, and marketing and branding initiatives.
• The market is expected to expand to $55.89 billion in 2029 at a compound annual growth rate (CAGR) of 5.7%. This forecast period growth can be attributed to cultural shifts and changing drinking habits, climate change adaptation, exploration of new markets, commitment to sustainability, and innovations in production and marketing.
What Is Driving The Growth In The White Wine Market?
The growth in the global white wine market can be attributed to the increasing consumption of wine. Wine, created from the fermentation of grape juice, is gaining popularity mainly due to its intricate flavors, the sense of escapism it provides, and the growth of online platforms nurturing the culture of wine consumption. As per the data published by Wine Australia, the regular wine-drinking population increased from 72 million adults in 2021 to 86 million in 2022, demonstrating a clear indicator of the growing market.
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Who Are the Key Players Driving White Wine Market Growth?
Key players in the global white wine market include:
• 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)
• Pernod Ricard SA, Constellation Brands Inc.
What Are The Key Trends In The White Wine Market?
Upcoming trends in the global white wine market include:
• Artisanal and small-batch productions
• Rise in health-conscious consumers
• Increasing trend of wine tourism
• Innovative packaging and branding
• Exploration and promotion of indigenous varietals
What Are The Segments Of The Global White Wine Market?
The market report segments the white wine market by:
1) Type: Chardonnay, Pinot Grigio, Sauvignon Blanc, Viognier, Torrontes, Alberino, and Other types
2) Body Type: Light Bodied, Medium Bodied, Full-Bodied
3) Sweetness Level: Dry, Semi-Sweet, Sweet
4) Sales Channels: Modern trade, Grocery Store, Convenience Stores, E-Commerce
Which Region Leads The White Wine Market?
Europe was the dominant region in the white wine market in 2024. Alongside Europe, the white wine market report also covers Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The White Wine Market Global Market Report?
• Market Size Analysis: Analyze the White Wine Market size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the White Wine Market for effective categorization.
• Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall White Wine Market growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the White Wine Market.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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