Market Overview:
The global dry white wine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising disposable income, changing lifestyle and preferences of consumers, and increasing demand for premium wines. In terms of type, the still wines segment is expected to dominate the market during the forecast period owing to its high demand from daily meals and social occasions applications. However, in terms of CAGR, the sparkling wines segment is expected to grow at a higher rate than other segments during the forecast period. Geographically, Europe is estimated to be one of the leading markets for dry white wine due to high demand from countries such as France and Italy.
Product Definition:
A dry white wine is a wine that has very little sugar content. It is typically made from white grapes and has a crisp, acidic flavor. Dry white wines are often used in cooking or paired with food, as they have a clean taste that does not overpower the flavors of other dishes.
Still Wines:
By understanding the concept of still wines, it helps to understand the growth factor in dry white wine market. The basic ingredients used for producing still wines are grapes (both red and white), water, yeast, and sugar. While making wine there is a process known as “ fermentation” where yeasts converts the sugar into ethanol (alcohol) and carbon dioxide.
Sparkling Wines:
Sparkling wines are fizzy wine additives that provide aperitif or as a companion to food. They can be categorized as still wines or sparkling wines. The product is gaining popularity among consumers due to its effervescent properties which makes it suitable for consumption with food and also provides an excellent complement to the meal.
The global dry white wine market size was valued at USD 5,61,848 in 2016.
Application Insights:
The entertainment venues segment dominated the global market with a share of over 40% in 2017. The rising number of bars and clubs has been contributing significantly to the consumption of dry white wine. Moreover, this is also one of the primary reasons for which consumers prefer dry white wine as it goes well with food and enhances its taste.
The social occasions application segment held a significant share in 2017 and is expected to grow at a steady growth rate over the forecast period owing to its increasing popularity among millennials as an alternative to rosé wines for various events such as weddings, anniversaries, parties etcetera. These types of occasions require different types of alcohols according to their food accompaniment so that each dish tastes better when served along with it; this factor will drive demand further especially during winters across countries like India where weddings are majorly held on weekends or holidays due to religious functions pre-dating them on certain dates annually (for example Diwali).
Regional Analysis:
Europe was the largest market for dry wines, accounting for more than 35% of the global revenue in 2017. The region is expected to continue its dominance over the forecast period owing to high consumption in countries like France and Italy. Asia Pacific is projected to be one of the fastest-growing markets with a CAGR exceeding 5% from 2018 to 2030 due mainlyto increasing per capita income levels and changing consumer preferences towards wine as a beverage among youth population especially in China, India, South Korea, Taiwan and Japan. Moreover rising disposable incomes are leading consumers into buying better quality products which Dry White Wine represents thus making it an ideal product category for growth through supply chain expansion.
Growth Factors:
- Increasing demand for premium quality wine: There is a growing demand for premium quality wine, which is driving the growth of the dry white wine market. This trend is particularly prominent in developed countries such as the US and Europe.
- Rising disposable income: The increasing disposable income of consumers is fueling their demand for high-quality products, including dry white wines. This is helping to drive the growth of the market.
- Growing popularity of wine tourism: Wine tourism has been gaining popularity in recent years, with people traveling to different parts of the world to experience various wineries and vineyards firsthand. This is contributing significantly to the growth of the dry white wine market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Dry White Wine Market Research Report
By Type
Still Wines, Sparkling Wines
By Application
Daily Meals, Social Occasions, Entertainment Venues, Other Situations
By Companies
E&J Gallo Winery, Constellation, Castel, The Wine Group, Accolade Wines, Concha y Toro, Treasury Wine Estates (TWE), Trinchero Family, Pernod-Ricard, Diageo, E&J Gallo Winery, Changyu Group, Kendall-Jackson Vineyard Estates, Great Wall, Dynasty
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Dry White Wine Market Report Segments:
The global Dry White Wine market is segmented on the basis of:
Types
Still Wines, Sparkling Wines
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Daily Meals, Social Occasions, Entertainment Venues, Other Situations
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- E&J Gallo Winery
- Constellation
- Castel
- The Wine Group
- Accolade Wines
- Concha y Toro
- Treasury Wine Estates (TWE)
- Trinchero Family
- Pernod-Ricard
- Diageo
- E&J Gallo Winery
- Changyu Group
- Kendall-Jackson Vineyard Estates
- Great Wall
- Dynasty
Highlights of The Dry White Wine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Still Wines
- Sparkling Wines
- By Application:
- Daily Meals
- Social Occasions
- Entertainment Venues
- Other Situations
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dry White Wine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dry white wine is a wine that has had its water removed, resulting in a drier and more acidic wine.
Some of the key players operating in the dry white wine market are E&J Gallo Winery, Constellation, Castel, The Wine Group, Accolade Wines, Concha y Toro, Treasury Wine Estates (TWE), Trinchero Family, Pernod-Ricard, Diageo, E&J Gallo Winery, Changyu Group, Kendall-Jackson Vineyard Estates, Great Wall, Dynasty.
The dry white wine market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Dry White Wine Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Dry White Wine Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Dry White Wine Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Dry White Wine Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Dry White Wine Market Size & Forecast, 2020-2028 4.5.1 Dry White Wine Market Size and Y-o-Y Growth 4.5.2 Dry White Wine Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Still Wines
5.2.2 Sparkling Wines
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Daily Meals
6.2.2 Social Occasions
6.2.3 Entertainment Venues
6.2.4 Other Situations
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Dry White Wine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Dry White Wine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Still Wines
9.6.2 Sparkling Wines
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Daily Meals
9.10.2 Social Occasions
9.10.3 Entertainment Venues
9.10.4 Other Situations
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Still Wines
10.6.2 Sparkling Wines
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Daily Meals
10.10.2 Social Occasions
10.10.3 Entertainment Venues
10.10.4 Other Situations
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Still Wines
11.6.2 Sparkling Wines
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Daily Meals
11.10.2 Social Occasions
11.10.3 Entertainment Venues
11.10.4 Other Situations
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Still Wines
12.6.2 Sparkling Wines
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Daily Meals
12.10.2 Social Occasions
12.10.3 Entertainment Venues
12.10.4 Other Situations
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Still Wines
13.6.2 Sparkling Wines
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Daily Meals
13.10.2 Social Occasions
13.10.3 Entertainment Venues
13.10.4 Other Situations
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Dry White Wine Market: Competitive Dashboard
14.2 Global Dry White Wine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 E&J Gallo Winery
14.3.2 Constellation
14.3.3 Castel
14.3.4 The Wine Group
14.3.5 Accolade Wines
14.3.6 Concha y Toro
14.3.7 Treasury Wine Estates (TWE)
14.3.8 Trinchero Family
14.3.9 Pernod-Ricard
14.3.10 Diageo
14.3.11 E&J Gallo Winery
14.3.12 Changyu Group
14.3.13 Kendall-Jackson Vineyard Estates
14.3.14 Great Wall
14.3.15 Dynasty