Still Wine Market:
Executive Summary
Still wine is a form of table wine made from white grapes and black. After the fermentation process, the wine left to release its carbon dioxide content in order to minimize the effervescence is referred to it as still wine. Increasing the popularity of wine among consumers is a key driver of the growth of the still global wine market. Still wine contains resveratrol which helps fight bacteria and fungi as well as protects against ultraviolet (UV) radiation. According to Statista, the total volume of wine production was approximated to be around 260 million hectolitres worldwide in 2019. Even though global wine production has shown a net increase in the last two decades, the area covered by vineyards had also reduced over that time frame. Over-consumption of still wine sometimes can cause addiction, mental health problems, hypertension, stroke, etc., which can be the restraining factors. Developing advanced storage techniques which can prevent wine from being exposed to direct sunlight as well as viable temperature control systems could even produce significant revenue opportunities for players in the still-wine world market. The International Organization of Wine and Wine OIV estimates that world wine production had also dropped to a historic low over the last year,2018 The OIV puts the production volume at some 250 million hectolitres, a decrease of 8.6 per cent compared with 2016.
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The regional analysis of global Still Wine market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. The market in Europe has a significant revenue share and is anticipated to stay dominant over the projected timeline followed by North America. Increased consumption of still wine as well as the presence of major wine-producing countries like France, Germany, Italy, Spain, etc. are driving market growth in the European region. The Asia-Pacific market is predicted to see the fastest growth, particularly in emerging economies in the coming years, due to the growing number of wine producers in the region as well as the development of the retail and e-commerce sector.
Major market player included in this report are:
E&J Gallo Winery
Constellation
Castel
The Wine Group
Accolade Wines
Concha y Toro
Treasury Wine Estates (TWE)
Trinchero Family
Pernod-Ricard
Diageo
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Red wine
White wine
Others
By distribution channel
Supermarkets and Hypermarkets
Specialty Stores
Convenience Stores
Online Channels
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Urgent Care Center Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Continuous…
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NOTE : Our team is studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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