What is White Wine Market?
White wine is a wine which is made from red or white grapes by the fermentation and removing grapes skin. It has color such as yellow-green, straw-yellow, or yellow-gold. It is further processed by fermentation of juice in tanks by setting it on a low temperature to preserve its essence. While this process is carried out the yeast and sugar are added in the grape juice to convert it in the form of alcohol. Moreover, the white wine of found to be the most popular choice of alcoholic beverage among the users in celebrations, romantic dates, and meal.
The market study is being classified by Type (Chardonnay, Pinot Grigio, Sauvignon Blanc, Viognier, Torrontes, Albarino and Others) and major geographies with country level break-up.
Changyu Pioneer Wine Co. Inc., (China), Constellation Brands, Inc. (United States), E&J Gallo Winery (United States), Vina Concha y Toro SA (Chile), Caviro (Italy), Grupo Penaflor S.A. (Argentina), The Wine Group (United States), Accolade Wines Australia Limited (Australia), Casella Family Brands (Australia) and Treasury Wine Estates (Australia) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global White Wine market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global White Wine market by Type, Application and Region.
On the basis of geography, the market of White 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Consumption of Alcoholic Beverages Among Consumers
- Growing Indulgence of Consumers Towards a Glass of Fine, White Wine
Market Trend
- Changing Consumer Lifestyle
Restraints
- Health Issues Associated with Alcoholic Beverages
- Stringent Government Regulations
Opportunities
- Increasing Disposable Income
- Increasing Direct-to-Consumer (D2C) Sales of White Wine Due to Online Sales
Challenges
- Increasing Awareness About the Health Effects of Alcohol
On February 2020, Sula Vineyards launched India’s first Wine-In-A-Can 'Dia Sparkler', in an attractive can design and in two variants of red and white wine.
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organizations and Others