250 Pages White Wine Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider
The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.
The report offers actionable and valuable market insights of White Wine. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of White Wine Market across various industries and regions.
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According to Fact.MR, the global market for white wine surpassed a market value of US$ 37 Bn by 2020. Manufacturers of white wines are focusing on incorporating new flavours catering to consumer requirements, a trend which is spurring constant innovations in white wine brews and formulations.
The COVID-19 pandemic hampered the sales as commercial spaces like hotels and restaurants were largely closed. But the residential sector observed an upsurge in the sales of white wines. Thus, the market is expected to exceed US$ 60 Bn by registering a CAGR of 5% until 2031.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of White Wine market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of White Wine
This newly published and insightful report sheds light on Market Insights of White Wine, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of White Wine Market.
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Key Segments Covered
-
Product Type
- Reisling
- Gewürztraminer
- Chardonnay
- Sauvignon Blanc
- Chenin Blanc
- Grüner Veltliner
- Moscato
- Pinot Grigio
- Other White Wines
-
Sales Channel
- White Sale Sales via Modern Trade
- White Sale Sales via Grocery Stores
- White Sale Sales via Convenience Stores
- White Sale Sales via E-commerce
- White Sale Sales via Other Retail Formats
-
Body Type
- Light Bodied White Wine
- Medium Bodied White Wine
- Full-Bodied White Wine
-
Sweetness Level
- Dry White Wine
- Semi-sweet White Wine
- Sweet White Wine
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Key Takeaways from the Market Study
- Riesling white wine expected to hold a significant share, yielding over 1/5th of global demand
- Pinot Grigio to exhibit absolute $ opportunity worth US$ 500 Mn by 2022
- By 2022, over US$ 6 Bn of total market revenue to be stimulated by Chardonnay white wines
- By body type, light bodied wines to account for nearly 2/5th of the global white wine demand
- By sales channel, modern trade outlets to capture over 33% of total market revenue
- The white wine industry expected to hold a market share of more than 50% throughout Europe
- Asia is expected to contribute 35% revenue to the white wine market.
“Increasing inclusion of different flavours and enhanced tastes and flavors along with health benefits is propelling the demand for white wine across several regions,” opines a Fact.MR analyst.
Competitive Landscape
Manufactures of white wines are focusing on leveraging existing and new products by using various sales distribution channels.
- Penfold California Collection has launched duty free retailers in Asia Pacific that would include online and offline initiatives for selling wine in the region.
- In September 2021, Louis Roederer, will launch wine collected that would be named multi-vintage Cuvee. Also, the collection would have different expressions with each passing year for enhancing the taste and the flavour of wine.
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Key Question answered in the survey of White Wine market report:
- Sales and Demand of White Wine
- Growth of White Wine Market
- Market Analysis of White Wine
- Market Insights of White Wine
- Key Drivers Impacting the White Wine market
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- Restraints Shaping Market Growth
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More Valuable Insights on White Wine Market
Fact.MR, in its new report, offers an unbiased Market Analysis of White Wine, Sales and Demand of White Wine, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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