The White Wine Global Market Report 2023, provides comprehensive information on the white wine market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s White Wine Global Market Report 2023, the global white wine market size is expected to grow from $37.71 billion in 2022 to $39.72 billion in 2023 at a compound annual growth rate (CAGR) of 5.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global white wine market size is expected to grow to $47.99 billion in 2027 at a CAGR of 4.8%.
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Product innovations have emerged as a key trend gaining popularity in the white wine market. Major companies operating in the white wine market are focused on developing innovative white wine products to strengthen their position in the market. For instance, in May 2021, Oddbird Winery, a Sweden-based crafted wine producer, launched Intervention Organic White No. 1, the world’s first natural wine completely liberated from alcohol. The wine’s flavor is enhanced, as well as the region’s rich biodiversity of animals, plants, and insects, which are protected by the wine’s cultivation process, which is 100% organic and uses no fertilizer, irrigation, or spraying. Compared to an ordinary vineyard, the CO2 impact is significantly smaller. For freshness, the fermentation of this natural white wine occurs in steel tanks. Stone fruit, beeswax, and clean, fresh, mineral-rich citric acid are all present in the flavor, along with notes of August pears.
The white wine market is segmented:
1) By Type: Chardonnay, Pinot Grigio, Sauvignon Blanc, Viognier, Torrontes, Albarino, Other types
2) By Body Type: Light Bodied , Medium Bodied, Full-Bodied
3) By Sweetness Level: Dry, Semi-Sweet, Sweet
4) By Sales Channels: Modern trade, Grocery Store, Convenience Stores, E-Commerce
Europe was the largest region in the white wine market in 2022.
The table of contents in TBRC’s white wine market report includes:
- Executive Summary
- White Wine Market Characteristics
- White Wine Market Trends And Strategies
- White Wine Market – Macro Economic Scenario
- White Wine Market Size And Growth
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- Africa White Wine Market
- White Wine Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The White Wine Market
- White Wine Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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