Press release
Dry White Wine Market Valued at USD 42.75 Billion in 2023: Projected to Reach USD 60.76 Billion by 2030 with a CAGR of 5.15%
The ๐๐ซ๐ฒ ๐๐ก๐ข๐ญ๐ ๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ was valued at US$ 42.75 Billion in 2023 and is projected to grow at a CAGR of 5.15% during the forecast period 2024-2030, reaching nearly US$ 60.76 Billion by 2030. This growth is attributed to increasing wine consumption in established and emerging markets, along with growing awareness of the health benefits of moderate wine consumption.๐๐ซ๐ฒ ๐๐ก๐ข๐ญ๐ ๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Dry white wine, characterized by its minimal residual sugar and crisp acidity, is a popular choice among wine enthusiasts globally. Known for its versatility in food pairings and its refreshing flavor profiles, dry white wines are often favored in Western countries and increasingly in developing economies. The growing trend of using dry white wine in cooking, particularly in Western cuisines, is also contributing to its rising demand. Health-conscious consumers are drawn to its lower sugar content compared to other wine types, further driving market interest.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ญ๐ก๐ ๐๐ซ๐๐ง๐๐ฌ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ:https://www.stellarmr.com/report/req_sample/Dry-White-Wine-Market/1507
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐ฒ ๐๐ก๐ข๐ญ๐ ๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
The rising popularity of dry white wines is driven by shifting consumer preferences toward lighter, crisper beverages with a broader flavor range. The perception of dry white wine as a healthier alternative due to its lower sugar content has resonated with health-conscious buyers. Moreover, the wine industry is leveraging marketing strategies to educate consumers about dry white wine's unique characteristics, boosting demand. The influence of regional terroir on grape quality and the growing recognition of regions producing high-quality dry white wines are also propelling market growth. Additionally, the rise of e-commerce has simplified access to premium dry white wines, expanding their reach globally.
๐๐ซ๐ฒ ๐๐ก๐ข๐ญ๐ ๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Key trends in the Dry White Wine Market include the increasing demand for sparkling dry white wines, driven by their refreshing qualities and perceived health benefits. Modern trade channels and online platforms are becoming dominant sales channels for dry white wines, making them accessible to a wider audience. The Asia Pacific region, particularly China and Japan, is witnessing a surge in wine consumption, driven by a growing middle class and interest in Western lifestyles. Sustainable and organic winemaking practices are gaining traction, with wineries adopting eco-friendly production methods to cater to environmentally conscious consumers. Additionally, the use of dry white wine in culinary applications, such as sauces and risottos, is boosting its appeal in both household and commercial segments.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:https://www.stellarmr.com/report/enquire_now/Dry-White-Wine-Market/1507
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐ฒ ๐๐ก๐ข๐ญ๐ ๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฉ๐๐๐ญ๐๐ฌ
๐๐ข๐๐ญ๐ง๐๐ฆ: ๐๐ซ๐ฒ ๐๐ก๐ข๐ญ๐ ๐๐ข๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's wine market is steadily growing as a result of its increasing urbanization and adoption of Western dining habits. Dry white wine has gained popularity among the younger demographic. Companies like Ladofoods are actively introducing premium white wine varieties to cater to the growing demand. Trends highlight a rise in partnerships between local distributors and international brands to expand market reach in Vietnam.
๐๐ก๐๐ข๐ฅ๐๐ง๐: ๐๐ซ๐ฒ ๐๐ก๐ข๐ญ๐ ๐๐ข๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's hospitality and tourism sectors are fueling the growth of the dry white wine market. The market is expected to grow at a CAGR of 4.0%, supported by the rising demand in upscale restaurants and resorts. Key players like Siam Winery and Treasury Wine Estates are introducing a diverse range of dry white wines to attract high-end consumers. Consolidation activities include collaborations with premium wine producers to enhance product availability across Thailand.
๐๐๐ฉ๐๐ง: ๐๐ซ๐ฒ ๐๐ก๐ข๐ญ๐ ๐๐ข๐ง๐ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan's sophisticated wine culture has contributed significantly to the growth of the dry white wine market. The market is driven by demand for high-quality wines in urban centers like Tokyo and Osaka. Leading companies such as Suntory Holdings and Mercian Corporation are focusing on introducing limited-edition and regionally inspired white wines. Recent trends indicate a growing inclination toward organic and sustainably produced wines among Japanese consumers.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐๐ซ๐ฒ ๐๐ก๐ข๐ญ๐ ๐๐ข๐ง๐ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea's evolving wine market is witnessing a surge in demand for dry white wine, particularly among millennials. Recent mergers, such as Hite Jinro's collaboration with French wine producers, have strengthened market accessibility. The rise of e-commerce platforms specializing in wine distribution is also contributing to the market's consolidation. South Korean consumers are increasingly opting for wines with lower sugar content, aligning with the health-conscious trend.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐๐ซ๐ฒ ๐๐ก๐ข๐ญ๐ ๐๐ข๐ง๐ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's position as a global hub for luxury goods has propelled the growth of the dry white wine market. Companies like The Straits Wine Company are leading the market by offering an extensive selection of premium white wines. Updation efforts include wine education programs and curated tasting experiences aimed at enhancing consumer engagement. Collaborations between international vineyards and local distributors are further driving market innovation.
๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ: ๐๐ซ๐ฒ ๐๐ก๐ข๐ญ๐ ๐๐ข๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐
The United States dominates the global dry white wine market, accounting for a significant share due to high consumer demand and a thriving wine culture. With a projected CAGR of 4.5%, the US market is set to grow substantially by 2030. Companies such as E. & J. Gallo Winery and Constellation Brands are focusing on expanding their product portfolios with premium and organic dry white wines. Recent acquisitions, including E. & J. Gallo's purchase of smaller vineyards, highlight the market's ongoing consolidation.
๐๐ฎ๐ซ๐จ๐ฉ๐: ๐๐ซ๐ฒ ๐๐ก๐ข๐ญ๐ ๐๐ข๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe remains the largest market for dry white wine, supported by its rich winemaking heritage and diverse consumer base. Countries like France, Italy, and Germany are at the forefront, with significant investments in organic and sustainable wine production. Key players such as Pernod Ricard and Moรซt Hennessy are leading the market by introducing innovative blends and expanding distribution networks. Trends indicate growing exports to emerging markets, further strengthening Europe's dominance.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.stellarmr.com/report/req_sample/Dry-White-Wine-Market/1507
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ซ๐ฒ ๐๐ก๐ข๐ญ๐ ๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
By Type:
Still Wines
Sparkling Wines
By Application
Households
Commercials
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/Dry-White-Wine-Market/1507
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ซ๐ฒ ๐๐ก๐ข๐ญ๐ ๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
E&J Gallo Winery
Constellation
Castel
The Wine Group
Accolade Wines
Concha y Toro
Treasury Wine Estates (TWE)
Trinchero Family
Pernod-Ricard
Diageo
Changyu Group
Kendall-Jackson Vineyard Estates
Great Wall
Dynasty
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
sales@stellarmr.com
๐๐๐จ๐ฎ๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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