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Western European Wine Sector Opportunities to 2025: Hypermarkets & Supermarkets were Leading Distribution Channel in 2020
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Research and Markets: Western European Wine Sector Opportunities to 2025: Hypermarkets & Supermarkets were Leading Distribution Channel in 2020
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Research and Markets: Outlook on Opportunities in the Western Europe Wine Sector Market to 2024 - ResearchAndMarkets.com
ResearchAndMarkets.com s offering.
The global wine sector was valued at US$372,482.4 million in 2019 and is projected to grow at a CAGR of 4.2%, to reach US$ 456,963.2 million by 2024.
Western Europe was the largest market for wine, accounting for 40.8% value share of the global wine sector in 2019. The region valued US$152,087.2 million in 2019 and is expected to register a negative CAGR of 0.5% during the forecast period. Based on the relative performance of countries on multiple metrics, Denmark, Sweden, Luxembourg, and Austria were shortlisted as high-potential countries, primarily due to the large wine sector size, projected high-value growth rates, and projected rising per capita value growth levels.
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Outlook on Opportunities in the Western Europe Wine Sector Market to 2024 - ResearchAndMarkets.com
January 15, 2021 GMT
DUBLIN (BUSINESS WIRE) Jan 15, 2021
The global wine sector was valued at US$372,482.4 million in 2019 and is projected to grow at a CAGR of 4.2%, to reach US$ 456,963.2 million by 2024.
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Western Europe was the largest market for wine, accounting for 40.8% value share of the global wine sector in 2019. The region valued US$152,087.2 million in 2019 and is expected to register a negative CAGR of 0.5% during the forecast period. Based on the relative performance of countries on multiple metrics, Denmark, Sweden, Luxembourg, and Austria were shortlisted as high-potential countries, primarily due to the large wine sector size, projected high-value growth rates, and projected rising per capita value growth levels.
Australia Wine Market Assessment and Forecasts to 2024: Leading Players are Constellation Brands, Treasury Wine Estates Vintners and Pernod Ricard - ResearchAndMarkets.com
ResearchAndMarkets.com s offering.
The report provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures, distribution data and companies market shares.
The Australian wine sector was led by still wine category in value and volume terms in 2019. Furthermore, the sparkling wine category is forecast to register fastest value growth, while still wine is forecast to register fastest volume growth during 2019-2024. Hypermarkets & supermarkets is the leading channel for distribution of wine in the country. Glass was the most commonly used pack material in Australia. Constellation Brands, Inc, Treasury Wine Estates Vintners Limited and Pernod Ricard SA are the leading players in the Australia wine sector.
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