About Still Wine
Still wine is a type of table wine that is absent of any carbon dioxide which is what makes them still, not bubbly, sparkling or fizzy. Carbon dioxide (CO2) is a part of the fermentation process and is released when yeast and sugar mix, so all wines at one point in their development have bubbles present. Still wine is manufactured by fermenting grape juice. It is one of the most commonly drunk and easily available alcoholic drinks. With a variety of styles dry and off-dry, and red, white or rose.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Still Wine market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
E&J. Gallo Winery Inc. (United States), Constellation Brands Inc. (United States), Treasury Wine Estates Limited (Australia), The Wine Group LLC (United States), Trinchero Family Estates Inc. (United States), CASTEL S.A. (France), Accolade Wines Australia Limited (Australia), Diageo plc (United Kingdom), Pernod Ricard SA. (France), Concha y Toro (Chile) and Casella Wines (Australia) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Still Wine market by Type (White Wine, Red Wine, Sparkling Wine, Dessert or Sweet Wine and Others) and Region.
On the basis of geography, the market of Still Wine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. On-trade will boost the Still Wine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sweetness Level, the sub-segment i.e. Dry will boost the Still Wine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. At home will boost the Still Wine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Various Brands Are Lunching Different Types of Sparkling Wines and Innovations in Flavors and Textures
Market Growth Drivers:
Rise in Disposable Income and Urbanization, Increasing Awareness of Health Benefits of Wines and Demand of Low Calorie Beverages
Challenges:
Direct Branding Cannot Be Done In Some Countries and Limited Resources to Sell Win
Restraints:
High Prices for Wines
Opportunities:
Growing Demand from Female Population of Developing Countries and Increasing Number of Wine Manufacturing Companies
Market Leaders and their expansionary development strategies
In June 2022, Moët Hennessy, the world leading luxury wines and spirits division of LVMH, is pleased to announce the addition of Joseph Phelps Vineyards to its portfolio. This acquisition follows Moët Hennessy's development strategy, which aims to satisfy its consumers and distribution partners' aspirations with an increasingly diversified and comprehensive portfolio.
In November 2023, CHANDON Aurva, the latest addition to the portfolio is a premium still red wine crafted from Shiraz grapes grown in Nashik. It represents Chandon India's foray into the still wine category.
Labeling And Advertising Provisions of The FAA Act - Section 105(e) of the FAA Act, codified in the United States Code at 27 U.S.C. 205(e), sets forth requirements for labeling of wine, which is defined in the FAA Act to cover only wines that contain at least 7 percent alcohol by volume, distilled spirits, and malt beverages.
Key Target Audience
Manufacturers of Still Wine, Suppliers of Still Wine, Wholesalers, Distributors and Retailers of Still Wine, Regulatory Bodies and Governmental Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.