Europe Wine Market, 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), Country (Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe) Industry Trends and Forecast to 2028.
The wine market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the wine market will project a CAGR of 7.6% for the forecast period of 2021-2028.
Wine is alcoholic drink derived from fermented grapes by the process of fermentation where yeast and sugar combines and forms alcohol and carbon dioxide. The process of fermentation with an availability of sugar and yeast gives around 15.0% of alcohol. Three of the major types of wine are available in the market and they are table, sparkling wine and fortified wine.
The various medicinal properties provided by wine such as, it relieves symptoms associated with depression, pain, and stress which is significant factor fostering the growth of the wine market. Additionally, it health benefits, taste and refreshing properties will further induce growth in the wine market value. However, high cost of the wine and the myths associated with it will obstruct the growth of the wine market. The invasion of soft drinks and health drinks and strict regulation and rules amid varied regions also impedes the market growth.
Increase innovation in terms of flavor, color and packaging customizations generate various opportunities for the market. On the flip side, complex regulatory structure such as high tax and advertising restrictions will also pose as a major challenge for the market growth rate.
This wine market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on wine market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Europe Wine Market Scope and Market Size
The wine market is segmented on the basis of type, color, product type, packaging, body type and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the wine market is segmented into still wines, sparkling wines, fortified wines and others.
- On the basis of color, the wine market is segmented into red wine, white wine, rose wine and others.
- On the basis of product type, the wine market is segmented into unflavored and flavored.
- On the basis of packaging, the market is bifurcated into bottles, can and others.
- On the basis of body type, the wine market is segmented into full-bodied, light-bodied and medium-bodied.
- On the basis of distribution channel, the wine market is segmented into off trade and on trade.
Europe Wine Market Country Level Analysis
The wine market is analyses and market size, volume information is provided by type, color, product type, packaging, body type and distribution channel as referenced above.
The countries covered in the wine market report are Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe.
Italy leads the wine market owing to its abundant availability of grapes for wine production and availability of fine quality wine, huge consumer base and the frequency of wine consumption within the region.
The country section of the wine market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Europe brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Wine Market Share Analysis
The wine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to wine market.
The major players covered in the wine market report are Accolade Wines, The Wine Group, Davide Campari-Milano N.V.., E. & J. Gallo Winery, Constellation Brands, Inc., John Distilleries, India, Castel, Compagnia del Vino, AMVYX, BACARDI, Pernod Ricard, TREASURY WINE ESTATES, Caviro, Miguel Torres S. A., Concha y Toro, Sula Vineyards., Chapel Down, Treasury Wine Estate, Remy Cointreau, E & J Gallo Winery, Vina Concha y Toro, Andrew Peller Ltd, Diageo Plc, Miguel Torres SA, among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.