In 2022, the worldwide White Wine Market was valued at USD 472.9 billion, and it is anticipated to reach USD 826 billion by 2032, with a compound annual growth rate (CAGR) of 6.4% during the forecast period. The growth of the market revenue is being driven by several factors, including the increasing demand for premium wine, the wine's popularity as a symbol of social status among consumers, and the rising consumption of wine in developing countries such as India, Brazil, and China.
Moreover, as consumers become more health-conscious and prefer natural and healthier products, the demand for organic and natural wine is growing, which is further driving the market revenue growth. This trend is being driven by the rising demand for natural and organic wine, which is produced from grapes grown without synthetic fertilisers, pesticides, or herbicides. Additionally, organic wine is gaining popularity due to its potential health benefits, such as a lower risk of heart disease, diabetes, and stroke, associated with moderate wine consumption.
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Top Companies Operating in the Global White Wine Market Report:
- Constellation Brands Inc.
- E. & J. Gallo Winery
- The Wine Group Inc.
- Treasury Wine Estates
- Pernod Ricard SA
- Diageo plc
- Brown-Forman Corporation
- Accolade Wines Holdings Australia Pty Ltd.
- Codorníu Raventós Group
- Concha y Toro
Trends of White Wine Market
- Increasing global wine consumption: Wine consumption has been on the rise worldwide, driven by factors such as changing consumer preferences, increased wine knowledge, and expanding wine culture in emerging markets. Countries like China, India, and Brazil have seen significant growth in wine consumption.
- Growth of premium and luxury wines: There has been a growing demand for premium and luxury wines, particularly in emerging markets and among affluent consumers. This trend has led to an increase in the production and marketing of high-end wines by established wineries and new entrants alike.
- Sustainable and organic wines: Consumers are showing an increasing preference for sustainably produced wines. Wineries are adopting eco-friendly practices, such as organic and biodynamic farming, to cater to this demand. Certification programs for sustainable viticulture and winemaking have gained prominence.
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The global White Wine Market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Product Type Outlook (Revenue, USD Billion; 2019-2032)
- Red Wine
- White Wine
- Rose Wine
- Sparkling Wine
- Others
Distribution Channel Outlook (Revenue, USD Billion; 2019-2032)
- Supermarkets/Hypermarkets
- Specialty Stores
- Online Retail
- Others
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market? What kind of strategic business plans have they made?
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