PUBLISHER: The Business Research Company | PRODUCT CODE: 1409896
PUBLISHER: The Business Research Company | PRODUCT CODE: 1409896
White Wine Global Market Report 2024
“White Wine Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on white wine market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for white wine? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The white wine 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.
Scope
Markets Covered:
- 1) By Type: Chardonnay; Pinot Grigio; Sauvignon Blanc; Viognier; Torrontes; Albarino; Other types
- 2) By Body Type: Light Bodied ; Medium Bodied; Full-Bodied
- 3) By Sweetness Level: Dry; Semi-Sweet; Sweet
- 4) By Sales Channels: Modern trade; Grocery Store; Convenience Stores; E-Commerce
- Companies Mentioned: E. & J. Gallo Winery; Caviro S.c.a.; Grupo Penaflor S.A.; The Wine Group Inc.; Accolade Wines Australia Limited
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- 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,
- 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.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
White wine refers to a light-colored wine produced from green, yellow, or black grapes without their skins, resulting in a pale-yellow hue. White wine typically has an average alcohol concentration of 10% ABV (alcohol by volume), with variations ranging from 5% to 14% ABV.
The primary types of white wine include chardonnay, pinot grigio, sauvignon blanc, viognier, torrontes, albarino, and others. Chardonnay, for example, is a dry white table wine primarily derived from a single type of white grape. White wines are categorized based on body types, which include light-bodied, medium-bodied, and full-bodied, and sweetness levels, ranging from dry and semi-sweet to sweet. Major sales channels for white wine include modern trade, grocery stores, convenience stores, and e-commerce.
The white wine market research report is one of a series of new reports from The Business Research Company that provides white wine market statistics, including white wine industry global market size, regional shares, competitors with a white wine market share, detailed white wine market segments, market trends and opportunities, and any further data you may need to thrive in the white wine industry. This white wine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The white wine market size has grown strongly in recent years. It will grow from $39.8 billion in 2023 to $41.9 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth observed during the historical period can be attributed to changing retail landscapes, an increase in wine enthusiasts, consumer education and awareness, growth in export and trade, as well as marketing and branding initiatives.
The white wine market size is expected to see strong growth in the next few years. It will grow to $51.88 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The anticipated growth in the forecast period can be attributed to cultural shifts and evolving drinking habits, adaptation to climate change, exploration of new markets, adoption of sustainable and organic practices, and innovation in both production and marketing. Major trends expected in the forecast period include the rise of artisanal and small-batch productions, an increase in health-conscious consumers, a growth in wine tourism, the adoption of innovative packaging and branding, and an exploration of indigenous varietals.
The anticipated increase in wine consumption is poised to drive the growth of the white wine market in the future. Wine, an alcoholic beverage crafted from fermented grape juice, has become a global favorite with red and white wines being the most popular variants. Factors contributing to the rise in wine consumption include health concerns, the allure of its taste, and the influence of the digital environment. Notably, statistics from the Wine Institute, a US-based association representing 1,000 California wineries and wine-related businesses, reveal that in the USA alone, 1.1 billion gallons of wine were consumed in 2021. This surge in wine consumption is a key driver fueling the expansion of the white wine market.
The growth of disposable income is expected to be a significant factor propelling the expansion of the white wine market. Disposable income, reflecting the total funds available for spending and saving after income taxes have been deducted, plays a pivotal role in driving the consumption of non-essential items such as white wine. As individuals experience an increase in disposable income, there is a corresponding rise in their capacity for discretionary spending. For instance, data from the Bank of Korea indicates an upswing in disposable personal income in South Korea, reaching 2191418.90 KRW billion ($1696.84) in 2022 from 2099125.20 KRW billion ($1625.38) in 2021. This economic trend is a key driver contributing to the growth of the white wine market.
Innovations in product offerings have emerged as a noteworthy trend gaining traction in the white wine market. Major companies within the industry are dedicating efforts to develop innovative white wine products, positioning themselves strategically in the market. An illustrative example is Oddbird Winery, a Sweden-based crafted wine producer, introducing Intervention Organic White No. 1 in May 2021. This natural wine, entirely devoid of alcohol, enhances flavor and demonstrates a commitment to biodiversity through its organic cultivation process. The wine's fermentation occurs in steel tanks, resulting in a fresh taste with notes of stone fruit, beeswax, and mineral-rich citric acid.
Major companies operating in the white wine market are focusing on innovations aligned with organic and sustainable practices. These wines are crafted with a commitment to environmental and social responsibility. For instance, Winc, Inc., a US-based wine company, launched Wonders in April 2022-a brand of no sugar, organic, sustainable wine. This release includes red, white, and rose varietals and emphasizes health-conscious and sustainable choices in wine consumption.
In January 2021, E. & J. Gallo Winery (Gallo), a US-based winery and distributor, made a significant acquisition by purchasing Constellation Brands, Inc. for $810 million. This strategic move enables Gallo to acquire over 30 wine brands and 5 wineries from Constellation Brands Inc., enhancing its production capacity and market share in the wine industry. Constellation Brands Inc., a US-based company, is renowned for producing and marketing beer, wine, and spirits.
Major companies operating in the white wine market report are E. & J. Gallo Winery, Caviro S.c.a., Grupo Penaflor S.A., The Wine Group Inc., Accolade Wines Australia Limited, Casella Family Brands Pty Ltd, Treasury Wine Estates Limited, China Great Wall Wine Co. Ltd., Vina Concha y Toro S.A., Domaines Barons de Rothschild (Lafite), Louis Roederer S.A., Marchesi Antinori S.p.A., Harlan Estate Winery LLC, Screaming Eagle Winery and Vineyards, Yantai Changyu Pioneer Wine Company Limited, Pernod Ricard SA, Constellation Brands Inc., Jackson Family Wines, Trinchero Family Estates, Bronco Wine Company, Kendall-Jackson Vineyard Estates, Ste. Michelle Wine Estates Ltd., Miguel Torres S.A., Robert Mondavi Winery, Kim Crawford Wines, Wente Vineyards, Rodney Strong Vineyards, Fetzer Vineyards, Hogue Cellars, Beringer Vineyards, Simi Winery, La Crema Winery LLC, Francis Ford Coppola Winery LLC, J. Lohr Vineyards & Wines, Bogle Vineyards Inc., Segura Viudas S.A., Mumm Napa Valley .
Europe was the largest region in the white wine market in 2023. The regions covered in the white wine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the white wine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The white wine market consists of sales of potassium sorbate, grape juice concentrate, and calcium carbonate white wines. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Table of Contents
1. Executive Summary
2. White Wine Market Characteristics
3. White Wine Market Trends And Strategies
4. White Wine Market - Macro Economic Scenario
- 4.1. Impact Of High Inflation On the Market
- 4.2. Ukraine-Russia War Impact On the Market
- 4.3. COVID-19 Impact On the Market
5. Global White Wine Market Size and Growth
- 5.1. Global White Wine Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
- 5.2. Global White Wine Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
- 5.3. Global White Wine Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. White Wine Market Segmentation
- 6.1. Global White Wine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- Chardonnay
- Pinot Grigio
- Sauvignon Blanc
- Viognier
- Torrontes
- Albarino
- Other types
- 6.2. Global White Wine Market, Segmentation By Body Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- Light Bodied
- Medium Bodied
- Full-Bodied
- 6.3. Global White Wine Market, Segmentation By Sweetness Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- Dry
- Semi-Sweet
- Sweet
- 6.4. Global White Wine Market, Segmentation By Sales Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- Modern trade
- Grocery Store
- Convenience Stores
- E-Commerce
7. White Wine Market Regional And Country Analysis
- 7.1. Global White Wine Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 7.2. Global White Wine Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific White Wine Market
- 8.1. Asia-Pacific White Wine Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific White Wine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 8.3. Asia-Pacific White Wine Market, Segmentation By Body Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 8.4. Asia-Pacific White Wine Market, Segmentation By Sales Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China White Wine Market
- 9.1. China White Wine Market Overview
- 9.2. China White Wine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
- 9.3. China White Wine Market, Segmentation By Body Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
- 9.4. China White Wine Market, Segmentation By Sales Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India White Wine Market
- 10.1. India White Wine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 10.2. India White Wine Market, Segmentation By Body Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 10.3. India White Wine Market, Segmentation By Sales Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan White Wine Market
- 11.1. Japan White Wine Market Overview
- 11.2. Japan White Wine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 11.3. Japan White Wine Market, Segmentation By Body Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 11.4. Japan White Wine Market, Segmentation By Sales Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia White Wine Market
- 12.1. Australia White Wine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 12.2. Australia White Wine Market, Segmentation By Body Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 12.3. Australia White Wine Market, Segmentation By Sales Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia White Wine Market
- 13.1. Indonesia White Wine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 13.2. Indonesia White Wine Market, Segmentation By Body Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 13.3. Indonesia White Wine Market, Segmentation By Sales Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea White Wine Market
- 14.1. South Korea White Wine Market Overview
- 14.2. South Korea White Wine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 14.3. South Korea White Wine Market, Segmentation By Body Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 14.4. South Korea White Wine Market, Segmentation By Sales Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe White Wine Market
- 15.1. Western Europe White Wine Market Overview
- 15.2. Western Europe White Wine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 15.3. Western Europe White Wine Market, Segmentation By Body Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 15.4. Western Europe White Wine Market, Segmentation By Sales Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK White Wine Market
- 16.1. UK White Wine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 16.2. UK White Wine Market, Segmentation By Body Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 16.3. UK White Wine Market, Segmentation By Sales Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany White Wine Market
- 17.1. Germany White Wine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 17.2. Germany White Wine Market, Segmentation By Body Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 17.3. Germany White Wine Market, Segmentation By Sales Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France White Wine Market
- 18.1. France White Wine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 18.2. France White Wine Market, Segmentation By Body Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 18.3. France White Wine Market, Segmentation By Sales Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy White Wine Market
- 19.1. Italy White Wine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 19.2. Italy White Wine Market, Segmentation By Body Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 19.3. Italy White Wine Market, Segmentation By Sales Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain White Wine Market
- 20.1. Spain White Wine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 20.2. Spain White Wine Market, Segmentation By Body Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 20.3. Spain White Wine Market, Segmentation By Sales Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe White Wine Market
- 21.1. Eastern Europe White Wine Market Overview
- 21.2. Eastern Europe White Wine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 21.3. Eastern Europe White Wine Market, Segmentation By Body Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 21.4. Eastern Europe White Wine Market, Segmentation By Sales Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia White Wine Market
- 22.1. Russia White Wine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 22.2. Russia White Wine Market, Segmentation By Body Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 22.3. Russia White Wine Market, Segmentation By Sales Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America White Wine Market
- 23.1. North America White Wine Market Overview
- 23.2. North America White Wine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 23.3. North America White Wine Market, Segmentation By Body Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 23.4. North America White Wine Market, Segmentation By Sales Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA White Wine Market
- 24.1. USA White Wine Market Overview
- 24.2. USA White Wine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 24.3. USA White Wine Market, Segmentation By Body Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 24.4. USA White Wine Market, Segmentation By Sales Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada White Wine Market
- 25.1. Canada White Wine Market Overview
- 25.2. Canada White Wine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 25.3. Canada White Wine Market, Segmentation By Body Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 25.4. Canada White Wine Market, Segmentation By Sales Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America White Wine Market
- 26.1. South America White Wine Market Overview
- 26.2. South America White Wine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 26.3. South America White Wine Market, Segmentation By Body Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 26.4. South America White Wine Market, Segmentation By Sales Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil White Wine Market
- 27.1. Brazil White Wine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 27.2. Brazil White Wine Market, Segmentation By Body Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 27.3. Brazil White Wine Market, Segmentation By Sales Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East White Wine Market
- 28.1. Middle East White Wine Market Overview
- 28.2. Middle East White Wine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 28.3. Middle East White Wine Market, Segmentation By Body Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 28.4. Middle East White Wine Market, Segmentation By Sales Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa White Wine Market
- 29.1. Africa White Wine Market Overview
- 29.2. Africa White Wine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 29.3. Africa White Wine Market, Segmentation By Body Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 29.4. Africa White Wine Market, Segmentation By Sales Channels, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. White Wine Market Competitive Landscape And Company Profiles
- 30.1. White Wine Market Competitive Landscape
- 30.2. White Wine Market Company Profiles
- 30.2.1. E. & J. Gallo Winery
- 30.2.1.1. Overview
- 30.2.1.2. Products and Services
- 30.2.1.3. Strategy
- 30.2.1.4. Financial Performance
- 30.2.2. Caviro S.c.a.
- 30.2.2.1. Overview
- 30.2.2.2. Products and Services
- 30.2.2.3. Strategy
- 30.2.2.4. Financial Performance
- 30.2.3. Grupo Penaflor S.A.
- 30.2.3.1. Overview
- 30.2.3.2. Products and Services
- 30.2.3.3. Strategy
- 30.2.3.4. Financial Performance
- 30.2.4. The Wine Group Inc.
- 30.2.4.1. Overview
- 30.2.4.2. Products and Services
- 30.2.4.3. Strategy
- 30.2.4.4. Financial Performance
- 30.2.5. Accolade Wines Australia Limited
- 30.2.5.1. Overview
- 30.2.5.2. Products and Services
- 30.2.5.3. Strategy
- 30.2.5.4. Financial Performance
- 30.2.1. E. & J. Gallo Winery
31. Global White Wine Market Competitive Benchmarking
32. Global White Wine Market Competitive Dashboard
33. Key Mergers And Acquisitions In The White Wine Market
34. White Wine Market Future Outlook and Potential Analysis
- 34.1 White Wine Market In 2028 - Countries Offering Most New Opportunities
- 34.2 White Wine Market In 2028 - Segments Offering Most New Opportunities
- 34.3 White Wine Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies
35. Appendix
- 35.1. Abbreviations
- 35.2. Currencies
- 35.3. Historic And Forecast Inflation Rates
- 35.4. Research Inquiries
- 35.5. The Business Research Company
- 35.6. Copyright And Disclaimer
