Growing indulgence of consumers towards a glass of fine, white wine in summers indicates the rising popularity of white wine in dietary cultures across several parts of the world. European consumers may agree that the amount of white wine consumed by them on an average basis is way higher compared to their consumption of any other drink. However, consumers across the globe are becoming more aware about white wine’s potential in harming the health of consumers. Manufacturers of white wine are being constrained by limited application of white wine in food & beverage industry. That, and increasing presence of new research studies that prove the association of white wine consumption in incidence of inflammatory infections, are collectively observed to restrain the global market for white wine from expanding unceasingly.
A typical white wine is straw-yellow in color, but some variants are also available in the shades of yellow-green or yellow gold. In the production of white wine, non-colored pulp of grapes are fermented with alcohol. The first white wine can be dated back to at least 2500 years. In many cultures, white wine is used as an aperitif during the meal, between meals, and with dessert.
According to Fact.MR, the global market for white wine is expected to grow at a sluggish pace, procuring a little over US$ 46 Bn revenues by the end of forecast period, 2017-2022.
Market Taxonomy
|
Product Type |
Sales Channel |
Body Type |
Sweetness Level |
|
Riesling |
Modern Trade |
Light Bodied |
Dry |
|
Gewürztraminer |
Grocery Store |
Medium Bodied |
Semi-sweet |
|
Chardonnay |
Convinience Store |
Full-Bodied |
Sweet |
|
Sauvignon Blanc |
E-Commerce |
|
|
|
Chenin Blanc |
Other Retail Format |
|
|
|
Grüner Veltliner |
|
|
|
|
Moscato |
|
|
|
|
Pinot Grigio |
|
|
|
|
Others |
|
|
|
(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)
Consumers to Remain More Indulged in Riesling White Wine
While the overall market for white wine is anticipated to witness sluggish growth at less than 3.5% CAGR, manufacturers are still counting on product quality to improve their market standings. Companies are shifting their focus towards production of Riesling wines. In 2017, close to one-fifth share of global revenues is expected to come from sales of Riesling white wines. On the other hand, Gewürztraminer and Chardonnay will be two key products in the global white wine market that will showcase around 10% share on global revenues, individually, through 2022.
Modern Trade Sales of White Wine indicate High Preference to the Semi-Sweet Taste
During the forecast period, modern trade outlets will be observed as largest sales channel for white wine in the global market. By procuring more than one-third share on global revenues, manufacturers will be directing a majority of their products to modern trade outlets. Sales estimations compiled in the report also indicate a high preference for semi-sweet taste among white wine consumers. By 2022, more than US$ 17.8 Bn worth of white wine will have a semi-sweet taste. Following this is the dry-tasting white wine, which will also witness considerable revenue share in the global market through 2022.
Competition Tracking
Companies such as Constellation Brands, Inc., Diageo Plc., E&J Gallo Winery, Viña Concha y Toro SA, Caviro, The Wine Group, Grupo Peñaflor S.A., Casella Family Brands, Accolade Wines Australia Limited, and Treasury Wine Estates are expected to remain active in expansion of global white wine market through 2022.
Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Fact.MR
Pertaining to the versatility of white wines in satisfying all winetasting criteria, consumers are expected to witness higher application of white wines in innovative food & beverage products. However, the global market for white wine, by no means, will witness a robust growth as manufacturers continue to witness impedance from tricky temperatures used for storing white wine, and inferior health benefits associated with its consumption. This report, published by Fact.MR, provides in-depth analysis of the global white wine market for the forecast period 2017-2022, and offers key insights about future market direction.
Scope
The scope of Fact.MR’s report is to analyze the global white wine market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. White wine manufacturers, stakeholders, and suppliers in the global food & beverage sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to white wine.
Summary
The report commences with a brief information of the global white wine market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global white wine market.
Overview
The next section offers an overview of the global white wine market. This comprises an introduction to the market, along with a standard definition of the product – white wine. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.
The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.
In order to offer readers with up-to-date information about the latest advancements in the global white wine market, the report provides updates about market opportunities, which can benefit leading manufacturers of white wine. With continuous evolution of the food & beverage sector, keeping a record of latest developments and trends is fundamental for white wine manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.
Considering the wide scope of the global white wine market, Fact.MR offers in-depth insights through a segment-wise analysis and forecast. The white wine market has been categorized on the basis of product type, sales channel, body type, sweetness level, and region. This segmentation analysis is comprehensive, coupled with a detailed country-wise forecast provided on all parameters.
The report’s last section comprises of the global white wine market competitive landscape, to provide readers with the dashboard view of company analysis and market players. This competitive intelligence is based on the providers’ categories across value chain, and their presence in the global white wine market.
Research Methodology
Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research. We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,
- Primary research
- Secondary research
- Trade research
- Focused interviews
- Social media analysis
Fact.MR offers custom research services that help clients to get specific research solutions
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White Wine Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022