Market Overview:
The global sweet white wine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for sweet white wines across the globe, especially in emerging markets such as Asia Pacific and Latin America. Sweet white wines are generally consumed with daily meals, social occasions, entertainment venues, and other situations. North America is currently the largest market for sweet white wines globally, followed by Europe and Asia Pacific.
Product Definition:
Sweet white wine is a type of wine that is made from white grapes and has a sweet flavor. It is often used as a dessert wine or as a beverage to drink with meals.
Still Wines:
By understanding the factors that influence consumers to purchase white wine, it helps in enhancing market growth. The key factor is still wines. It comprises of a variety of grapes and their products such as must, juice, and wine. These are made from the fermented pulp left after pressing the grape skins. There are various types of white wines such as table wines (ease), ice wines (sherries), fortified & sparkling wines (champagne).
Sparkling Wines:
The sparkling wines are the modern-day party drinks that have been gaining popularity among consumers across the globe. The wine has gained a significant traction in all age groups ranging from 18 to 34 years. The young generation prefers these drinks as they have low alcohol by volume and high acidity which makes them more appealing to the young population base.
Sparkling wine is made from red grapes.
Application Insights:
The daily meals application segment led the global sweet white wine market in 2017. This is attributed to rising disposable income among consumers, increasing awareness regarding health and wellness, and changing lifestyles. Furthermore, growing demand for low-calorie beverages such as juices has increased the consumption of still wines in this category. Social occasions accounted for a significant share of the overall revenue in 2017 owing to an increase in social gatherings with friends and family members at hotels or restaurants. These occasions require different types of wine depending on their food pairings; therefore, sweet white wines are highly consumed on these occasions due to their compatibility with various foods.
Entertainment venues are expected to be one of the fastest-growing segments over the forecast period owing to an increase in nightlife activities across various regions including North America and Europe coupled with a rise in popularity for live music events especially rock concerts that require large quantities of alcohol such as sparkling wine or beer along with it.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of sweet wine producers, particularly in China, India, Australia and New Zealand. Asia Pacific is also one of the largest consumers of still wines due to their health benefits as compared to sparkling wines. Moreover, increasing disposable income levels coupled with rising consumer awareness about health are some other factors driving demand for sweet wines in this region. Europe accounted for more than 25% share of global revenue in 2017 owing to high consumption levels especially among women population groups across countries such as Spain and Italy.
Growth Factors:
- Increasing demand for sweet white wine from the young population in developing countries.
- Rising disposable income of the consumers, especially in the developed countries, is expected to boost the demand for sweet white wine during the forecast period.
- The increasing popularity of cocktails and other mixed drinks is projected to fuel growth of sweet white wine market over next few years.
- Growing awareness about various health benefits associated with consumption of sweet white wine is anticipated to propel its demand in near future
Scope Of The Report
Report Attributes
Report Details
Report Title
Sweet 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
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Sweet White Wine Market Report Segments:
The global Sweet 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 Sweet 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 Sweet 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Sweet white wine is a type of wine that is made from grapes that have been harvested before they are fully ripe. This results in a wine with a higher sugar content than other types of wines, which gives it its sweet taste.
Some of the major companies in the sweet 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 sweet 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 Sweet 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 Sweet White Wine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sweet 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 Sweet 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 Sweet White Wine Market Size & Forecast, 2020-2028
4.5.1 Sweet White Wine Market Size and Y-o-Y Growth
4.5.2 Sweet 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 Sweet 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 Sweet 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 Sweet White Wine Market: Competitive Dashboard
14.2 Global Sweet 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
