The canned wine market is expected to grow at a growth rate of 7.2% in the forecast period of 2021 to 2028 and is estimated to reach 16.088 USD billion by 2028. The growing demand from the working population and college students in the urban areas will act as a driving factor to the growth of the canned wine market.
Industry Analysis
Data Bridge Market Research report on Canned Wine Market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in health consciousness globally is escalating the growth of dairy alternative market.
Dairy alternatives refer to the products that are generally made from plant-based products such as soy, pea, and almond, among others. These products possess a number of advantages such as gluten-free, sugar free, lactose-free, GMO-free, and cholesterol free.
The rise in prevalence of lactose intolerance across the globe acts as one of the major factors driving the growth of dairy alternative market. The high adoption of the products owning to their ability to risk of heart disease, obesity, and diabetics, among others and shift in consumer eating patterns and change in diet trends accelerate the market growth. The rise in the trend of almond milk among population because of its low in calories, enriched with vitamin D and provide strengthen bone, and growing consumer base that is opting for plant-based and other dairy alternatives further influence the market. Additionally, rise in health consciousness, adoption of natural food products, surge in spending on food and media influence on consumer awareness positively affect the dairy alternative market. Furthermore, rise in demand for organic food products and favorable marketing and correct positioning of dairy alternatives extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, allergies associated with plant-based sources, such as soy and almonds, and volatile prices of raw materials are expected to obstruct the market growth. The increase in preference for genetically modified (GM) soybeans and limited awareness among consumers are projected to challenge the Canned Wine Marketin the forecast period of 2021 to 2028.
This Canned Wine Marketreport 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 Canned Wine Marketcontact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Canned Wine MarketScope and Market Size
The Canned Wine Marketis segmented on the basis of product type, type, formulation, application, nutritive and distribution channel. The growth among segments helps you analyze 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 nature, the Canned Wine Marketis segmented into soy milk, almond milk, coconut milk, cashew milk, oat milk, and rice milk.
- On the basis of type, the Canned Wine Marketis segmented into inorganic and organic.
- On the basis of formulation, the Canned Wine Marketis segmented into plain & sweetened, flavored & unsweetened, flavored & sweetened, and plain & unsweetened.
- On the basis of application, the Canned Wine Marketis segmented into food and beverages.
- On the basis of nutritive, the Canned Wine Marketis segmented into protein, vitamins, and carbohydrates.
- On the basis of distribution channel, the Canned Wine Marketis segmented into supermarkets/hypermarkets, online and specialized stores.
Get TOC Details: https://www.databridgemarketresearch.com/toc/?dbmr=global-canned-wine-market
Canned Wine MarketCountry Level Analysis
The Canned Wine Marketis segmented on the basis of product type, type, formulation, application, nutritive and distribution channel.
The countries covered in the global Canned Wine Marketreport are the U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa.
Asia-Pacific dominates the Canned Wine Marketbecause of the large population and rising disposable incomes in emerging countries, such as India, China, and Japan. North America is expected to witness growth during the forecast period of 2021 to 2028 due to the rise in consumer demand for sweetened flavored soy and almond milk.
The country section of the Canned Wine Marketreport 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 global 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 Canned Wine MarketShare Analysis
The Canned Wine Marketcompetitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global 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 dairy alternative market.
The major players covered in the Canned Wine Marketreport are OMIRA Oberland Milchverwertung Ravensburg, Parmalat, lpro, Amul, Amy's Kitchen, Barry Callebaut, Cargill, Chr. Hansen, Crowley Foods, Daiya Foods, Doves Farm Food, Edlong Dairy Technologies, Emmi, Fonterra, Galaxy Nutritional Foods, General Mills, Green Valley Organics, HP Hood, Kerry Group, Murray Goulburn, Sweet William, TINE Laktosefri, and WhiteWave Foods, and Valio, Arla Foods, and McNeil Nutritionals, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Global Canned Wine Marketby Product & Procedure type
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