Market Overview:
The global port wine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for port wine across the globe, especially in North America and Europe. Additionally, the rising popularity of online and store-based retail formats is also propelling the growth of this market. On the basis of type, red wine dominates the global port wine market with a share of more than 60%. This segment is expected to grow at a CAGR of 5.7% during 2018-2030 owing to its high demand from consumers across different regions.
Product Definition:
Port wine is a type of fortified wine made from red grapes, Portugal. It is typically sweet, viscous and rich in tannins. Fortification takes place by adding grape brandy to the must before fermentation.
Red Wine:
Wine is a fermented beverage derived from the grapes of the vine plant. The fermentation process can be carried out with the help of both, mechanical as well as biological (bacteria) methods. Wines are produced in various styles and varieties depending upon the type of grape used, vintage, and country of origin.
White Wine:
White wine is a clear, fresh and cold fermented grape juice. It contains the same amount of sugar as that in red wine but usually has less than 40% of Alcohol by Volume (ABV). The color of white wines depends on the type of grapes used for its production. Some types are made from frozen grapes while some are made from fully ripe grapes.
Application Insights:
The online segment held the largest share of over 70.0% in 2017. The growth can be attributed to growing demand for various port wines across the world, especially from countries such as U.S., China, and India where people prefer to drink wine instead of other alcoholic drinks such as beer and whiskey. Moreover, consumers are increasingly becoming aware about the health benefits associated with drinking wine which is one reason why they prefer buying it from stores rather than directly accessing it from a vineyard or winery website.
The store-based application segment is expected to witness significant growth over the forecast period owing to increasing penetration of retail chains including supermarkets and hypermarkets across different regions worldwide including North America, Europe, Asia Pacific and Middle East & Africa countries etcetera (see Table 1).
Regional Analysis:
Europe was the largest market, accounting for more than 35% of global revenue in 2017. The region is expected to continue its dominance over the forecast period on account of high consumption in countries such as U.K., Spain, and France. In Europe, red wine is predominantly consumed whereas white wine is preferred in some countries such as Greece and Italy. Portugal has emerged a prominent exporter due to rising demand from overseas especially from U.S.
Asia Pacific port wine market was valued at USD X billion in 2017 owing to increasing demand for these wines particularly by women drinkers aged between 25.
Growth Factors:
- Increasing demand for premium quality port wine from the emerging markets of Asia Pacific and Latin America.
- Rising disposable income levels in developing countries, which is resulting in an increase in demand for luxury goods, including port wine.
- Growing popularity of port wine as a gift item, especially among the affluent consumers in developed countries.
- Proliferation of online retail channels that offer a wide variety of port wines at competitive prices, thereby boosting sales growth prospects for the market players.
Scope Of The Report
Report Attributes
Report Details
Report Title
Port Wine Market Research Report
By Type
Red Wine, White Wine,
By Application
Online, Store-based,
By Companies
AA Calem, C.N. Kopke, Cockburn Smithes & Cia, Delaforce Sons & Companhia, Grupo Sogevinus SGPS SA, Martinez Gassiot, Vinhos SA, Offley, Forrester & Weber, Quinta do Crasto, Ramos Pinto
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Port Wine Market Report Segments:
The global Port Wine market is segmented on the basis of:
Types
Red Wine, White 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
Online, Store-based,
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:
- AA Calem
- C.N. Kopke
- Cockburn Smithes & Cia
- Delaforce Sons & Companhia
- Grupo Sogevinus SGPS SA
- Martinez Gassiot
- Vinhos SA
- Offley
- Forrester & Weber
- Quinta do Crasto
- Ramos Pinto
Highlights of The Port 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:
- Red Wine
- White Wine
- By Application:
- Online
- Store-based
- 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 Port 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?
Port wine is a type of wine made from grapes that were grown in the Douro Valley region of Portugal. The name comes from the town of Porto, where many of these wines are produced.
Some of the key players operating in the port wine market are AA Calem, C.N. Kopke, Cockburn Smithes & Cia, Delaforce Sons & Companhia, Grupo Sogevinus SGPS SA, Martinez Gassiot, Vinhos SA, Offley, Forrester & Weber, Quinta do Crasto, Ramos Pinto.
The port wine market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Port 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. Port Wine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Port Wine Market - Supply Chain
4.5. Global Port Wine Market Forecast
4.5.1. Port Wine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Port Wine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Port Wine Market Absolute $ Opportunity
5. Global Port 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. Port Wine Market Size and Volume Forecast by Type
5.3.1. Red Wine
5.3.2. White Wine
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Port 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. Port Wine Market Size and Volume Forecast by Application
6.3.1. Online
6.3.2. Store-based
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Port 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. Port 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 Port 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. Port 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 Port Wine Demand Share Forecast, 2019-2026
9. North America Port 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 Port 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 Port Wine Market Size and Volume Forecast by Application
9.4.1. Online
9.4.2. Store-based
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Port Wine Market Size and Volume Forecast by Type
9.7.1. Red Wine
9.7.2. White 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 Port Wine Demand Share Forecast, 2019-2026
10. Latin America Port 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 Port 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 Port Wine Market Size and Volume Forecast by Application
10.4.1. Online
10.4.2. Store-based
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Port Wine Market Size and Volume Forecast by Type
10.7.1. Red Wine
10.7.2. White 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 Port Wine Demand Share Forecast, 2019-2026
11. Europe Port 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 Port 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 Port Wine Market Size and Volume Forecast by Application
11.4.1. Online
11.4.2. Store-based
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Port Wine Market Size and Volume Forecast by Type
11.7.1. Red Wine
11.7.2. White 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
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Port Wine Demand Share, 2019-2026
12. Asia Pacific Port 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 Port 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 Port Wine Market Size and Volume Forecast by Application
12.4.1. Online
12.4.2. Store-based
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Port Wine Market Size and Volume Forecast by Type
12.7.1. Red Wine
12.7.2. White 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 Port Wine Demand Share, 2019-2026
13. Middle East & Africa Port 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 Port 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 Port Wine Market Size and Volume Forecast by Application
13.4.1. Online
13.4.2. Store-based
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Port Wine Market Size and Volume Forecast by Type
13.7.1. Red Wine
13.7.2. White 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 Port Wine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Port Wine Market: Market Share Analysis
14.2. Port Wine Distributors and Customers
14.3. Port Wine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AA Calem
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. C.N. Kopke
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cockburn Smithes & Cia
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Delaforce Sons & Companhia
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Grupo Sogevinus SGPS SA
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Martinez Gassiot
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Vinhos SA
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Offley
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Forrester & Weber
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Quinta do Crasto
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ramos Pinto
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
