Global Still Wine Market and the Impact of COVID-19 on It in the Medium Term – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “The Global Still Wine Market and the Impact of COVID-19 on It in the Medium Term” report has been added to ResearchAndMarkets.com’s offering.

The global still wine market was equal to 244.61 billion USD (calculated in retail prices) in 2015. Until 2025, the wine market in the world is forecast to reach 383.67 billion USD (in retail prices), thus increasing at a CAGR of 3.92% per annum for the period 2020-2025. This is a decrease, compared to the growth of about 5.48% per year, registered in 2015-2019.

The average consumption per capita in value terms reached 74.82 USD per capita (in retail prices) in 2015. In the next five years, it grew at a CAGR of 4.16% per annum. In the medium term (by 2025), the indicator is forecast to slow down its growth and increase at a CAGR of 3.30% per annum.

Based on type, orange wines are gaining popularity on the market during the last few years, as they developed as an individual segment such as rose or red. What is more, the interest in red wines and rose remains prevalent on a global scale, especially when it comes to lighter-style wines with floral scent. As for the white wines, demand witnessed a decline in 2019, owing to the poor harvest in important European regions. While the market for commercial still wines has been experiencing a decline of about 0.2% per year over the last decade, the premium segment has been actually growing. In fact, only 7 of the top 25 still wine markets globally are growing, which is significantly lower, compared to the sparkling wine category.

During the last few years there has been an obvious process of consolidation on the overall wine market. Mergers and acquisitions within the market have been driven mainly by the premiumization trend, as well as by the companies’ aim to expand geographically. One of the recent deals on the global market was the purchase of Outpost, a winery on Napa Valley’s Howell Mountain by AXA Millesimes in 2019. Furthermore, the corporate restructurings involving wine distributors and retailers are also growing.

This report presents a strategic analysis of the global still wine market and a forecast for its development in the medium term, taking into account the impact of COVID-19 on it. It provides a comprehensive overview of the market volume and value, dynamics, segmentation, characteristics, main players, prices, international trade, trends and insights, growth and demand drivers, challenges, etc.

This is the most detailed (COVID-19 updated) and comprehensive report about the global still wine market, covering all global regions and 151 single countries. The report presents information on each indicator for each of the 151 countries covered, offering unmatched value, accuracy and expert insights.

The report on the global still wine market covers:

• Market volume, value and dynamics for the last five years;
• Market segmentation (by region and each covered country; by product groups, etc.) for the last five years;
• Analysis of the factors, influencing the market development (market trends and insights, drivers and challenges) and the impact COVID-19 has and will have on the market in both the short and the medium term;
• Value chain analysis and structure of price formation;
• Analysis of retail price levels and their dynamics for the last five years (broken down by region and each covered country);
• Analysis of the major international trade flows;
• Volume, value, dynamics, segmentation (by region and each covered country) and analysis of imports for the last five years;
• Volume, value, dynamics, segmentation (by region and each covered country) and analysis of exports for the last five years;
• Volume and dynamics of the average import and export prices for the last five years (broken down by region and each covered country);
• Volume, value, dynamics, segmentation and analysis of per capita consumption for the last five years (broken down by region and each covered country);
• Forecast for market development in the medium term (volume, value and segmentation by region and each covered country);
• Characteristics of the main players on the market;
• Analysis of the competitive landscape;
• Five Forces analysis;
• Analysis and forecast for the global economy and demographics.

Companies Mentioned

• Accolade Wines
• Constellation Brands, Inc.
• Miguel Torres SA
• The Wine Group- Diageo
• E.&J. Gallo Winery
• Treasury Wine Estates
• Castel Group- Pernod Ricard
• Trinchero Family Estates Inc
• Vina Concha y Toro S.A.
• Casella Wines
• Changyu Group
• Kendall-Jackson Vineyard Estates
• GreatWall

For more information about this report visit https://www.researchandmarkets.com/r/7exl82

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

[email protected]

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900