Market Research Report
Wine And Brandy Global Market Report 2022
|Wine And Brandy Global Market Report 2022|
The Business Research Company
Content info: 300 Pages
Delivery time: 2-10 business days
Wine And Brandy Global Market Report 2022 from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global wine and brandy (wineries) market as it emerges from the COVID-19 shut down.
Where is the largest and fastest growing market for the wine and brandy (wineries)? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Wine And Brandy (Wineries) market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider wine and brandy (wineries) market, and compares it with other markets.
Markets Covered: 1) By Type: Wine; Brandy
2) By Distribution Channel: Off-Trade Channels; On-Trade Channels
3) By Category: Mass; Premium
Subsegments Covered: Still Wine; Sparkling Wine; Cognac0; Armagnac
Companies Mentioned: Pernod Ricard; kirin holdings co ltd; Christian Dior SE; The Molson Coors Brewing Company; Constellation Brands
Metrics Covered: Number of Enterprises; Number of Employees
Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, wine and brandy (wineries) indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Major companies in the wine and brandy market include Pernod Ricard, kirin holdings co ltd, Christian Dior SE, The Molson Coors Brewing Company, Constellation Brands, Suntory Holdings Limited, Asahi Group Holdings Ltd, Treasury Wine Estates Limited, Anheuser-Busch InBev sa/nv, and Altria Group Inc.
The global wine and brandy market is expected to grow from $149.14 billion in 2021 to $168.01 billion in 2022 at a compound annual growth rate (CAGR) of 12.7%. The market is expected to grow to $265.23 billion in 2026 at a compound annual growth rate (CAGR) of 12.1%.
The wine and brandy market consists of sales of wines, ciders, fortified wines, and brandies by entities (organizations, sole traders, and partnerships) that grow grapes and other fruits, and/or produce wines and brandies, and blend wines and brandies. The companies in the wineries industry process raw materials into wines, brandies, ciders, and fortified wines, package and distribute them through various distribution channels to both individual customers and commercial establishments. Their produce includes champagne, alcoholic cider, fortified wines, ice wines, sparkling wines, and vermouth.
The main types of wine and brandy are wine, brandy. Wine is an alcoholic beverage made primarily from fermented grapes. The sugar in the grapes is consumed by yeast, which transforms it into ethanol and carbon dioxide while producing heat in the procedure. The different categories include mass, premium, and distributed through various channels such as off-trade channels, on-trade channels.
Western Europe was the largest region in the wine and brandy market in 2021. Asia Pacific was the second-largest region in the wine and brandy market. The regions covered in this report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Increasing demand for ready-to-drink (RTD) beverages is expected to drive the wine and brandy manufacturing (wineries) market in the forecast period. RTD is a single-use packaged beverage that is ready for immediate consumption at the time of purchase. RTD drinks are gaining popularity among working adults due to their clean label and functionality. The introduction of new flavors in the range of RTD alcoholic beverages, ease of carrying, and convenience are expected to boost the demand for RTD alcoholic beverages. Increasing demand for RTD beverages, including RTD alcoholic beverages, is expected to drive the wine and brandy manufacturing (wineries) market going forward
The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the wine and brandy manufacturing (wineries) market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China, and spread globally including Western Europe, North America, and Asia. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the wine and brandy manufacturing (wineries) market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy.
Wine manufacturers are increasingly using augmented reality mobile applications to effectively promote their products. Mobile phones with augmented reality applications when held over a wine bottle label display creative video content that conveys a brand's story and helps engage customers. For instance, Treasury Wine Estates launched the 19 Crimes augmented reality mobile application that animated criminals pictured on its bottle labels when a phone camera is pointed. Other wineries that have launched augmented reality mobile applications include E. & J. Gallo Winery and The Walking Dead.
The countries covered in the wine and brandy market are Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam.