Industry Analysis & Industry Trends
Growth will gradually improve over the five years as the oversupply of wine alleviates and the economic outlook improves in wine-consuming markets. Although they constitute only minor proportions of the global wine market at present, China and other developing Asian countries loom as major growth markets in the long term, with rising disposable income and more sophisticated consumer palates expected to push sales of imported wines... read more
Industry Key Buyers
The Global Wine Manufacturing industry is highly fragmented, with the top four global wine manufacturers generating less than 10.0% of industry revenue. Very few wine manufacturers hold a substantial market share, particularly in Europe, where the market for wine is saturated with winemakers of all sizes and varieties. In Europe, wine is often produced from estate-grown grapes and made according to strict appellation regulations.
Across other continents, producers do not use traditional appellations and instead rely on wine that is marketed by grape varietal. For example, the US has a far shorter history in wine production and consumers do not judge the prestige of a particular wine based on the region in which the wine was bottled... read more