PUBLISHER: TechNavio | PRODUCT CODE: 1762911
PUBLISHER: TechNavio | PRODUCT CODE: 1762911
The wine and spirits market is forecasted to grow by USD 203.9 bn during 2024-2029, accelerating at a CAGR of 3.3% during the forecast period. The report on the wine and spirits market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased demand for craft drinks, growing number of new product launches by companies, and increasing number of mergers and acquisitions among companies.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 3.1% |
CAGR | 3.3% |
Incremental Value | $203.9 bn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's wine and spirits market is segmented as below:
By Distribution Channel
By Type
By Packaging
By Geographical Landscape
This study identifies the increasing dependence on technology throughout value chain as one of the prime reasons driving the wine and spirits market growth during the next few years. Also, rise in organic and natural wines and growing online sales of alcohol will lead to sizable demand in the market.
The report on the wine and spirits market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wine and spirits market vendors that include Anheuser Busch InBev SA NV, Bacardi and Co. Ltd., Bayadera Group, Brown Forman Corp., Campari Group, Constellation Brands Inc., Diageo PLC, E. and J. Gallo Winery, Hite Jinro Co. Ltd., LVMH Moet Hennessy Louis Vuitton SE, Miguel Torres SA, Pernod Ricard SA, Som Distilleries and Breweries Ltd., Sula Vineyards Ltd., Suntory Beverage and Food Ltd., Thai Beverage Public Co. Ltd., The Wine Group LLC, and Treasury Wine Estates Ltd.. Also, the wine and spirits market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: