Market Overview:
The global ice wine market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in the market can be attributed to various factors such as rising demand for premium wines, increasing disposable income of consumers, and growing awareness about ice wine among consumers. The global ice wine market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into white ice wine and red ice wine. On the basis of application, the market is segmented into daily meals, social occasions, entertainment venues, and other situations. The daily meals segment accounted for a major share in 2017 owing to rising demand for premium wines for regular consumption. Geographically, North America accounted for a major share in 2017 due to high per capita consumption of alcoholic beverages in countries such as Canada and U.S.
Product Definition:
Ice wine is a type of dessert wine that is made from grapes that have been frozen while still on the vine. The freezing process concentrates the sugars and flavors in the grapes, resulting in a wine that is both sweet and full-bodied. Ice wines are typically served chilled, and they can be enjoyed either on their own or with dessert.
White Ice Wine:
White ice wine is a sub-type of dessert wine that is made from the fermentation of red grapes and then frozen to preserve it. The process preserves all the good qualities of the grape, such as color, flavor, and sugar content. It also helps in increasing its shelf life which can be stored for a longer time period.
The global white ice wine market size was valued at USD 536 million in 2016.
Red Ice Wine:
Red ice wine is a product that is made from the red fruits of the vine and it contains higher levels of resveratrol than any other type. It has antioxidant properties which help in reducing aging effects on skin, preventing hair loss, and improving blood circulation. The growing demand for healthy drinks among consumers across the globe has been driving manufacturers to introduce various products with health benefits in their portfolio.
Application Insights:
The entertainment venues segment dominated the global market in 2017. The application of ice wine has been witnessed in various forms of events such as galas, parties, and other occasions. For instance, Mumm Napa Ice Wine is used for special occasions like New Year¢â‚¬â„¢s Eve and Christmas Eve to add a touch of luxury to the food served. It can also be used as an alternative to Champagne when it comes time for celebration meals or dinner parties at home.
The daily meals segment is expected to witness significant growth over the forecast period owing to rising awareness about health benefits associated with ice wine including its ability reduce blood pressure levels.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high demand from countries, such as France, Italy, and Spain. The Asia Pacific is expected to be the fastest-growing region over the forecast period due to increasing awareness about ice wine among consumers and rising disposable income of consumers. Furthermore, new product developments by manufacturers are likely to contribute toward growth in this region. For instance, Sula Vineyards has introduced a new range of premium wines under its Ice Wine label that includes red and white varieties for different occasions; Navarro Blanc (white) and Navarro Rosé (red). These products have received positive reviews from customers worldwide.
Asia Pacific is anticipated to register significant growth over the forecast period owing with growing middle-class populations along with an increase in consumer disposable income levels across emerging economies including China & India.
Growth Factors:
- Increasing demand for premium and luxury products: The growth of the Ice Wine market can be attributed to the increasing demand for premium and luxury products. This is because consumers are becoming more aware of the unique flavor profile and taste of Ice Wine, which is different from other wine varieties.
- Rising popularity of wine tourism: Another key growth driver for the Ice Wine market is rising popularity of wine tourism, as consumers are keen to explore different types of wines from around the world. This has helped to boost sales of Ice Wine in recent years.
- Growing interest in food pairing: There is also growing interest in food pairing among consumers, with many looking to pair different types of wines with various dishes. This has helped to drive demand for Ice Wine, as it pairs well with a variety of foods due its sweet flavor profile.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ice Wine Market Research Report
By Type
White Ice Wine, Red Ice Wine
By Application
Daily Meals, Social Occasions, Entertainment Venues, Other Situations
By Companies
Inniskillin, Pillitteri Estates, Pelee Island, Peller Estates, Kittling Ridge, Reif Estate Winery, Jackson-Triggs
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Ice Wine Market Report Segments:
The global Ice Wine market is segmented on the basis of:
Types
White Ice Wine, Red Ice Wine
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:
- Inniskillin
- Pillitteri Estates
- Pelee Island
- Peller Estates
- Kittling Ridge
- Reif Estate Winery
- Jackson-Triggs
Highlights of The Ice 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:
- White Ice Wine
- Red Ice Wine
- 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 Ice 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?
Ice wine is a type of wine made from grapes that have been frozen before they are harvested. This process allows the grapes to retain more of their natural sugar and acidity, which gives the wine its characteristic icy taste. Ice wines are typically less sweet than regular wines and can be enjoyed chilled or over ice
Some of the key players operating in the ice wine market are Inniskillin, Pillitteri Estates, Pelee Island, Peller Estates, Kittling Ridge, Reif Estate Winery, Jackson-Triggs.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ice Wine Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ice Wine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ice Wine Market - Supply Chain
4.5. Global Ice Wine Market Forecast
4.5.1. Ice Wine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ice Wine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ice Wine Market Absolute $ Opportunity
5. Global Ice Wine Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ice Wine Market Size and Volume Forecast by Type
5.3.1. White Ice Wine
5.3.2. Red Ice Wine
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ice Wine Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ice Wine Market Size and Volume Forecast by Application
6.3.1. Daily Meals
6.3.2. Social Occasions
6.3.3. Entertainment Venues
6.3.4. Other Situations
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ice Wine Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ice Wine Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ice Wine Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ice Wine Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ice Wine Demand Share Forecast, 2019-2026
9. North America Ice Wine Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ice Wine Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ice Wine Market Size and Volume Forecast by Application
9.4.1. Daily Meals
9.4.2. Social Occasions
9.4.3. Entertainment Venues
9.4.4. Other Situations
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ice Wine Market Size and Volume Forecast by Type
9.7.1. White Ice Wine
9.7.2. Red Ice Wine
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ice Wine Demand Share Forecast, 2019-2026
10. Latin America Ice Wine Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ice Wine Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ice Wine Market Size and Volume Forecast by Application
10.4.1. Daily Meals
10.4.2. Social Occasions
10.4.3. Entertainment Venues
10.4.4. Other Situations
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ice Wine Market Size and Volume Forecast by Type
10.7.1. White Ice Wine
10.7.2. Red Ice Wine
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ice Wine Demand Share Forecast, 2019-2026
11. Europe Ice Wine Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ice Wine Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ice Wine Market Size and Volume Forecast by Application
11.4.1. Daily Meals
11.4.2. Social Occasions
11.4.3. Entertainment Venues
11.4.4. Other Situations
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ice Wine Market Size and Volume Forecast by Type
11.7.1. White Ice Wine
11.7.2. Red Ice Wine
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ice Wine Demand Share, 2019-2026
12. Asia Pacific Ice Wine Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ice Wine Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ice Wine Market Size and Volume Forecast by Application
12.4.1. Daily Meals
12.4.2. Social Occasions
12.4.3. Entertainment Venues
12.4.4. Other Situations
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ice Wine Market Size and Volume Forecast by Type
12.7.1. White Ice Wine
12.7.2. Red Ice Wine
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ice Wine Demand Share, 2019-2026
13. Middle East & Africa Ice Wine Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ice Wine Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ice Wine Market Size and Volume Forecast by Application
13.4.1. Daily Meals
13.4.2. Social Occasions
13.4.3. Entertainment Venues
13.4.4. Other Situations
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ice Wine Market Size and Volume Forecast by Type
13.7.1. White Ice Wine
13.7.2. Red Ice Wine
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ice Wine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ice Wine Market: Market Share Analysis
14.2. Ice Wine Distributors and Customers
14.3. Ice Wine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Inniskillin
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Pillitteri Estates
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Pelee Island
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Peller Estates
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kittling Ridge
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Reif Estate Winery
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Jackson-Triggs
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
