Still Wine Market In-Depth Qualitative Insights, Global Industry Size, Analysis And Forecast Report -2023

07/mar/2019 07:57:04 Tejas Amale Contatta l'autore

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Market Highlights

Still wine is a fermented beverage free from carbon dioxide. The prominent market players are adopting mergers and acquisitions as their main growth strategy to gain a competitive edge. For instance, in April 2017, E. & J. Rooster Winery acquired Stagecoach Vineyard with an aim to gain market dominance.

Based on type, the Global Still Wine Market has been segmented into white wine, red wine, and rosé wine. The red wine segment is expected to be the highest revenue share of the global market. The health benefits offered by the main determinants The white wine segment is also expected to account for a significant market share.

The global still wine market has been segregated, by distribution channel, into store and non-store. The store segment has been further divided into supermarkets and hypermarkets, specialty stores, and others. The supermarkets and hypermarkets segment is expected to gain the major share, in terms of revenue, of the global still wine market. As per MRFR analysis, of the total alcohol sold in supermarkets, still wine accounted for nearly 1/3rd in 2017. However, the non-store segment is expected to register the higher CAGR during the forecast period owing to the rising trend of e-retailing. The Chinese still wine market is focusing on e-retail as a sales channel, which is paving the way for international wine brands to enter the country-level market.

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Key Players

Some of the key players in the Global Still Wine Market are Accolade Wines (Australia), Constellation Brands, Inc. (US), Miguel Torres SA (Spain), the Wine Group (California), Diageo (UK), Concha y Toro ( Chile), E. & J. Gallo Winery (US), Treasury Wine Estates (Australia), Castel Group (France), and Pernod Ricard (France).

Segmentation

The global still wine market has been segmented on the basis of the type, distribution channel, and region.

The global still wine market has been divided, by type, into white wine, red wine, and rosé wine.

Based on distribution channel, the global still wine market has been segregated into the store and non-store. The store has been further segmented into supermarkets and hypermarkets, specialty stores, and others.

Regional Analysis

The global still wine market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.

Europe is expected to lead the global still wine market. Development of the regional market.

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The still wine market in Asia-Pacific is expected to be the fastest-growing in the region. Moreover, the increasing export of the Australian wine to China has been boosting the growth of the regional market.

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