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2021
Red Wine Market

Red Wine Market by Type (Cabernet Sauvignon Wine, Merlot Wine, Syrah/Shiraz Wine, and Others), Pricing (Mass and Premium), and Distribution Channel (On-trade and Off-trade): Global Opportunity Analysis and Industry Forecast, 2021–2028

A13400
Pages: 310
Sep 2021 | 327 Views
   
Author(s) : Samriddhi Chauhan , Roshan Deshmukh
Tables: 153
Charts: 65
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The red wine market size was valued at $182.0 billion in 2020, and is projected reach $278.5 billion by 2028, registering a CAGR of 5.4% from 2021 to 2028. The cabernet sauvignon wine segment led in terms of the red wine market share in 2020, and is expected to retain its dominance during the forecast period.

Red wine is produced by fermenting the dark colored grapes and the color of the red wine varies from light to dark depending over the acid present in the wine. The older the wine the darker the color, this occurs due to the reaction between the molecules present in the wine with aging. Much of the red-wine production process; therefore, involves extraction of color and flavor components from the grape skin. It is a delicacy around the world.

Red-Wine-Market-2021-2028

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Lucrative packaging in terms of wine includes color, shape, and packaging of the red wine container. The key red wine market players are investing into packaging and labeling to get distinctiveness and centrality in their products. Moreover, the key players are coming up with new packaging styles which are handy and attractive. Likewise, in Australia, some market players introduced red wine packaging in can and are selling their wines in 250 ml cans with ring-pull tabs. In addition, the cans are made of aluminum and have a shelf life of five years, and are convenient for single or two-glass servings. Therefore, the packaging is the key attracting factor which is pulling the consumers to try or purchase different red wine options available in the red wine market. Also, rise in awareness and acceptance toward recycling of used beverage containers among consumers is fueling the need for lucrative packaging of red wines. These factors are propelling high demand for red wine majorly across the regions of Western Europe and North America red wine markets.

Nevertheless, the red wine industry faces multiple challenges including but not limited to counterfeiting, adulteration, and deception. Adulteration of red wine results in a big loss to the key players as there is a large number of counterfeited wines in the red wine market. In China, approximately 50% of the foreign wines were found to be fake. Also, it was estimated that 70% of Château Lafite Rothschild bottles sold in China were fake and 60% of the wines sold in China as French wines were fake, which shows that wine counterfeiting is one of the major trends in the Chinese market, which is one of the biggest red wine markets of the world. Furthermore, counterfeiting of established brands often tarnishes the brand image and brand loyalty; such malpractices challenges the market expansion of leading players operating in the market. 

The red wine market is segmented on the basis of product type, pricing, distribution channel, and region. By product type, the market is categorized into cabernet sauvignon wine, merlot wine, syrah/shiraz wine, and others. By pricing, the market is divided into mass and premium. By distribution channel, the market is categorized into on-trade and off-trade. Region wise the market is categorized into North America (U.S., Canada and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia, Portugal. and rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific) and LAMEA (Brazil, Argentina, South Africa, and rest of LAMEA).

Red Wine Market
By Product Type

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Merlotsegment would exhibit the highest CAGR of7.4% during 2021-2028.

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On the basis of product type, the global market is categorized into cabernet sauvignon wine, merlot wine, syrah/shiraz wine, and others. In 2020, the cabernet sauvignon wine segment accounted for the highest market share owing to its richness in flavor and tannins, which is good for brain and also it fights inflammation.

Red Wine Market
By Pricing

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Premium segment would exhibit the highest CAGR of 6.8% during 2021-2028.

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On the basis of pricing, the red wine market is bifurcated into mass and premium. The mass segment leads in terms of red wine market share and is contributing to more than half of the red wine revenue. However, the premium segment is expected to be the fastest growing segment during the forecast period. 

Red Wine Market
By Distribution Channel

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On-Trade segment would exhibit the highest CAGR of 6.0% during 2021-2028.

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On the basis of distribution channel, the market is classified into on-trade and off-trade. The off-trade segment is dominating the market. However, the on-trade segment is expected to grow with the highest CAGR during the forecast period.

Red Wine Market
By Region

2028
Europe 
North America
Asia-pacific
Lamea

Asia Pacific region would exhibit the highest CAGR of 7.0% during 2021-2028.

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Some of the major players profiled in the red wine market analysis include The Carlyle Group, Brown-Forman, Campari Group, Castel Winery Plc., Caviro sca, Constellation Brands, Inc., Rémy Cointreau, The Wine Group, Treasury Wine Estates, and Viña Concha y Toro.

COVID-19 impact analysis

  • The on-trade segment of the red wine market was impacted severely due to the pandemic owing to the closure of hotels and restaurants across the globe in an attempt to prevent the spread of coronavirus.
  • Manufacturers are comprehending strategies to revive from the current situation by means of reshaping their sales channels as well as product innovation.
  • The duration of the virus outbreak remains a key factor in assessing the overall impact of the pandemic. However, the global red wine industry for food service segment is expected to stabilize after 2021.

Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current and emerging red wine market trends and opportunities.
  • The report provides detailed qualitative and quantitative analysis of the current trends and future estimations that help evaluate the prevailing red wine market opportunities in the market.
  • The red wine market forecast is offered along with information related to key drivers, restraints, and opportunities.
  • The market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
  • The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable red wine market growth.

Key Market Segments

By Type

  • Cabernet Sauvignon wine
  • Merlot wine
  • Syrah/ Shiraz
  • Others 

By Pricing

  • Mass 
  • Premium

By Distribution Channel

  • On-trade
  • Off-trade

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Portugal
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Argentina
    • South Africa
    • Rest of LAMEA
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study

2.1.1.Top impacting factors

2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Porter’s five forces analysis

3.3.1.Bargaining power of suppliers
3.3.2.Bargaining power of buyers
3.3.3.Threat of substitution
3.3.4.Threat of new entrants
3.3.5.Intensity of competitive rivalry

3.4.Consumer Behavior Analysis
3.5.Global wine consumption break down
3.6.Global wine production and consumption in million hectoliter
3.7.Global wine production and consumption forecast (2020-28)

3.7.1.Production
3.7.2.Consumption

3.8.Country wise consumption
3.9.Per capita consumption +15 (l) of wine in top consuming country
3.10.Breakdown of global trade volume in 2020
3.11.Breakdown of global trade value in 2020
3.12.COVID-19 impact on red wine market

3.12.1.Multiple scenario

3.13.Value chain analysis
3.14.Pricing analysis
3.15.Parent market analysis
3.16.Regulatory Analysis

3.16.1.China
3.16.2.Australia

3.17.Market dynamics

3.17.1.Drivers
Lucrative packaging is driving the red wine market.
Premiumisation is an emerging market trend
Mounting on-premise consumption is catering the red wine market
3.17.2.Restraint
Counterfeited wines challenging market expansion.
Presence of alternative is hampering the market growth.
3.17.3.Opportunities
The opportunity for sustainable wines is on the rise
Organic & biodynamic wine red wine will be the future market driver

CHAPTER 4:RED WINE MARKET, BY PRODUCT TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Cabernet Sauvignon wine

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast
4.2.3.Market analysis, by country

4.3.Merlot wine

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast
4.3.3.Market analysis, by country

4.4.Syrah/Shiraz wine

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast
4.4.3.Market analysis, by country

4.5.Others

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast

4.5.3.Market analysis, by country

CHAPTER 5:RED WINE MARKET, BY PRICING

5.1.Overview

5.1.1.Market size and forecast

5.2.Mass

5.2.1.Overview
5.2.2.Key market trends, growth factors, and opportunities
5.2.3.Market size and forecast
5.2.4.Market analysis, by country

5.3.Premium

5.3.1.Overview
5.3.2.Key market trends, growth factors, and opportunities
5.3.3.Market size and forecast
5.3.4.Market analysis, by country

CHAPTER 6:RED WINE MARKET, BY DISTRIBUTION CHANNEL

6.1.Overview

6.1.1.Market size and forecast

6.2.On-trade

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast
6.2.3.Market analysis by country

6.3.Off-trade

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast
6.3.3.Market analysis by country

CHAPTER 7:RED WINE MARKET, BY REGION

7.1.Overview

7.1.1.Market size and forecast, by region

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by product type
7.2.3.Market size and forecast, by pricing
7.2.4.Market size and forecast, by distribution channel
7.2.5.Market size and forecast, by country
U.S.
Market size and forecast, by product type
Market size and forecast, by pricing
Market size and forecast, by distribution channel
CANADA
Market size and forecast, by product type
Market size and forecast, by pricing
Market size and forecast, by distribution channel
MEXICO
Market size and forecast, by product type
Market size and forecast, by pricing
Market size and forecast, by distribution channel

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by product type
7.3.3.Market size and forecast, by pricing
7.3.4.Market size and forecast, by distribution channel
7.3.5.Market size and forecast, by country
UK
Market size and forecast, by product type
Market size and forecast, by pricing
Market size and forecast, by distribution channel
GERMANY
Market size and forecast, by product type
Market size and forecast, by pricing
Market size and forecast, by distribution channel
FRANCE
Market size and forecast, by product type
Market size and forecast, by pricing
Market size and forecast, by distribution channel
ITALY
Market size and forecast, by product type
Market size and forecast, by pricing
Market size and forecast, by distribution channel
SPAIN
Market size and forecast, by product type
Market size and forecast, by pricing
Market size and forecast, by distribution channel
RUSSIA
Market size and forecast, by product type
Market size and forecast, by pricing
Market size and forecast, by distribution channel
PORTUGAL
Market size and forecast, by product type
Market size and forecast, by pricing
Market size and forecast, by distribution channel
REST OF EUROPE
Market size and forecast, by product type
Market size and forecast, by pricing
Market size and forecast, by distribution channel

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by product type
7.4.3.Market size and forecast, by pricing
7.4.4.Market size and forecast, by distribution channel
7.4.5.Market size and forecast, by country
CHINA
Market size and forecast, by product type
Market size and forecast, by pricing
Market size and forecast, by distribution channel
INDIA
Market size and forecast, by product type
Market size and forecast, by pricing
Market size and forecast, by distribution channel
JAPAN
Market size and forecast, by product type
Market size and forecast, by pricing
Market size and forecast, by distribution channel
AUSTRALIA
Market size and forecast, by product type
Market size and forecast, by pricing
Market size and forecast, by distribution channel
REST OF ASIA-PACIFIC
Market size and forecast, by product type
Market size and forecast, by pricing
Market size and forecast, by distribution channel

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by product type
7.5.3.Market size and forecast, by pricing
7.5.4.Market size and forecast, by distribution channel
7.5.5.Market size and forecast, by country
BRAZIL
Market size and forecast, by product type
Market size and forecast, by pricing
Market size and forecast, by distribution channel
ARGENTINA
Market size and forecast, by product type
Market size and forecast, by pricing
Market size and forecast, by distribution channel
SOUTH AFRICA
Market size and forecast, by product type
Market size and forecast, by pricing
Market size and forecast, by distribution channel
REST OF LAMEA
Market size and forecast, by product type
Market size and forecast, by pricing
Market size and forecast, by distribution channel

CHAPTER 8:COMPETITION LANDSCAPE

8.1.Top player positioning
8.2.Top winning strategies
8.3.Product mapping
8.4.Competitive dashboard
8.5.Competitive heat map
8.6.Key developments

8.6.1.Acquisition
8.6.2.Business Expansion
8.6.3.Product Launch

CHAPTER 9:COMPANY PROFILES

9.1.THE CARLYLE GROUP

9.1.1.Company overview
9.1.2.Key Executives
9.1.3.Company snapshot
9.1.4.Operating business segments
9.1.5.Product portfolio
9.1.6.Business performance
9.1.7.Key strategic moves and developments

9.2.THE BROWN–FORMAN CORPORATION

9.2.1.Company overview
9.2.2.Key Executives
9.2.3.Company snapshot
9.2.4.Product portfolio
9.2.5.Business performance

9.3.CAMPRI GROUP

9.3.1.Company overview
9.3.2.Key Executives
9.3.3.Company snapshot
9.3.4.Operating business segments
9.3.5.Product portfolio
9.3.6.Business performance
9.3.7.Key strategic moves and developments

9.4.CASTEL WINERY PLC.

9.4.1.Company overview
9.4.2.Company snapshot
9.4.3.Product portfolio

9.5.CAVIRO SCA

9.5.1.Company overview
9.5.2.Key Executives
9.5.3.Company snapshot
9.5.4.Product portfolio

9.6.CONSTELLATION BRANDS, INC.

9.6.1.Company overview
9.6.2.Key Executives
9.6.3.Company snapshot
9.6.4.Operating business segments
9.6.5.Product portfolio
9.6.6.Business performance
9.6.7.Key strategic moves and developments

9.7.REMY COINTREAU SA

9.7.1.Company overview
9.7.2.Key Executives
9.7.3.Company snapshot
9.7.4.Operating business segments
9.7.5.Product portfolio
9.7.6.Business performance
9.7.7.Key strategic moves and developments

9.8.THE WINE GROUP

9.8.1.Company overview
9.8.2.Key Executives
9.8.3.Company snapshot
9.8.4.Product portfolio
9.8.5.Key strategic moves and developments

9.9.TREASURY WINE ESTATES LIMITED

9.9.1.Company overview
9.9.2.Key Executives
9.9.3.Company snapshot
9.9.4.Operating business segments
9.9.5.Product portfolio
9.9.6.Business performance

9.9.7.Key strategic moves and developments

9.10.VIÑA CONCHA Y TORO SA

9.10.1.Company overview
9.10.2.Key Executives
9.10.3.Company snapshot
9.10.4.Product portfolio
9.10.5.Key strategic moves and developments

LIST OF TABLES

TABLE 01.RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 02.RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 03.CABERNET SAUVIGNON RED WINE MARKET REVENUE, BY REGION, 2020–2028 ($MILLION)
TABLE 04.MERLOT RED WINE MARKETREVENUE, BY REGION, 2020–2028 ($MILLION)
TABLE 05.SYRAH/SHIRAZ RED WINE MARKET REVENUE, BY REGION, 2020–2028 ($MILLION)
TABLE 06.OTHER RED WINE MARKET REVENUE, BY REGION, 2020–2028 ($MILLION)
TABLE 07.GLOBAL RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 08.MASS RED WINE MARKET REVENUE, BY REGION, 2020–2028 ($MILLION)
TABLE 09.PREMIUM RED WINE MARKET REVENUE, BY REGION, 2020–2028 ($MILLION)
TABLE 10.GLOBAL RED WINE MARKETREVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 11.GLOBAL RED WINE MARKET REVENUE FOR ON-TRADE, BY REGION, 2020-2028($MILLION)
TABLE 12.GLOBAL RED WINE MARKET FOR OFF-TRADE REVENUE, BY REGION, 2020-2028($MILLION)
TABLE 13.RED WINE MARKET REVENUE, BY REGION, 2020–2028 ($MILLION)
TABLE 14.NORTH AMERICA RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 15.NORTH AMERICA RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 16.NORTH AMERICA RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 17.NORTH AMERICA RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 18.NORTH AMERICA RED WINE MARKET REVENUE, BY COUNTRY, 2020–2028 ($MILLION)
TABLE 19.U.S. RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 20.U.S. RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 21.U.S. RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 22.U.S RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 23.CANADA RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 24.CANADA RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 25.CANADA RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 26.CANADA RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 27.MEXICO RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 28.MEXICO RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 29.MEXICO RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 30.MEXICO RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 31.EUROPE RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 32.EUROPE RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 33.EUROPE RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 34.EUROPE RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 35.EUROPE RED WINE MARKET REVENUE, BY COUNTRY, 2020–2028 ($MILLION)
TABLE 36.UK RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 37.UK RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 38.UK RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 39.UK RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 40.GERMANY RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 41.GERMANY RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 42.GERMANY RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 43.GERMANY RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 44.FRANCE RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 45.FRANCE RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 46.FRANCE RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 47.FRANCE RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 48.ITALY RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 49.ITALY RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 50.ITALY RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 51.ITALY RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 52.SPAIN RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 53.SPAIN RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 54.SPAIN RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 55.SPAIN RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 56.RUSSIA RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 57.RUSSIA RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 58.RUSSIA RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 59.RUSSIA RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 60.PORTUGAL RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 61.PORTUGAL RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 62.PORTUGAL RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 63.PORTUGAL RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 64.REST OF EUROPE RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 65.REST OF EUROPE RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 66.REST OF EUROPE RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 67.REST OF EUROPE RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 68.ASIA-PACIFIC RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 69.ASIA-PACIFIC RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 70.ASIA-PACIFIC RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 71.ASIA-PACIFIC RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 72.ASIA-PACIFIC RED WINE MARKET REVENUE, BY COUNTRY, 2020–2028 ($MILLION)
TABLE 73.CHINA RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 74.CHINA RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 75.CHINA RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 76.CHINA RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 77.INDIA RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 78.INDIA RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 79.INDIA RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 80.INDIA RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 81.JAPAN RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 82.JAPAN RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 83.JAPAN RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 84.JAPAN RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 85.AUSTRALIA RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 86.AUSTRALIA RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 87.AUSTRALIA RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 88.AUSTRALIA RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 89.REST OF ASIA-PACIFIC RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 90.REST OF ASIA-PACIFIC RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 91.REST OF ASIA-PACIFIC RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 92.REST OF ASIA-PACIFIC RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 93.LAMEA RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 94.LAMEA RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 95.LAMEA RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 96.LAMEA RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 97.LAMEA RED WINE MARKET REVENUE, BY COUNTRY, 2020–2028 ($MILLION)
TABLE 98.BRAZIL RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 99.BRAZIL RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 100.BRAZIL RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 101.BRAZIL RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 102.ARGENTINA RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 103.ARGENTINA RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 104.ARGENTINA RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 105.ARGENTINA RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 106.SOUTH AFRICA RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 107.SOUTH AFRICA RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 108.SOUTH AFRICA RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 109.SOUTH AFRICA RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 110.REST OF LAMEA RED WINE MARKET REVENUE, BY PRODUCT TYPE, 2020–2028 ($MILLION)
TABLE 111.REST OF LAMEA RED WINE MARKET VOLUME, BY PRODUCT TYPE, 2020–2028 (KILO LITER)
TABLE 112.REST OF LAMEA RED WINE MARKET REVENUE, BY PRICING, 2020–2028 ($MILLION)
TABLE 113.REST OF LAMEA RED WINE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020-2028($MILLION)
TABLE 114.THE CARLYLE GROUP: KEY EXECUTIVES
TABLE 115.THE CARLYLE GROUP: COMPANY SNAPSHOT
TABLE 116.THE CARLYLE GROUP: OPERATING SEGMENTS
TABLE 117.THE CARLYLE GROUP: PRODUCT PORTFOLIO
TABLE 118.THE CARLYLE GROUP: NET SALES, 2018–2020 ($MILLION)
TABLE 119.THE BROWN–FORMAN CORPORATION : KEY EXECUTIVES
TABLE 120.THE BROWN–FORMAN CORPORATION : COMPANY SNAPSHOT
TABLE 121.THE BROWN–FORMAN CORPORATION : PRODUCT PORTFOLIO
TABLE 122.THE BROWN–FORMAN CORPORATION : NET SALES, 2018–2020 ($MILLION)
TABLE 123.CAMPRI GROUP: KEY EXECUTIVES
TABLE 124.CAMPRI GROUP: COMPANY SNAPSHOT
TABLE 125.CAMPRI GROUP: OPERATING SEGMENTS
TABLE 126.CAMPRI GROUP: PRODUCT PORTFOLIO
TABLE 127.CAMPRI GROUP: NET SALES, 2018–2020 ($MILLION)
TABLE 128.CASTEL WINERY PLC.: COMPANY SNAPSHOT
TABLE 129.CASTEL WINERY PLC.: PRODUCT PORTFOLIO
TABLE 130.CAVIRO SCA: KEY EXECUTIVES
TABLE 131.CAVIRO SCA: COMPANY SNAPSHOT
TABLE 132.CAVIRO SCA: PRODUCT PORTFOLIO
TABLE 133.CONSTELLATION BRANDS, INC. : KEY EXECUTIVES
TABLE 134.CONSTELLATION BRANDS, INC. : COMPANY SNAPSHOT
TABLE 135.CONSTELLATION BRANDS, INC. : OPERATING SEGMENTS
TABLE 136.CONSTELLATION BRANDS, INC. : PRODUCT PORTFOLIO
TABLE 137.CONSTELLATION BRANDS, INC. : NET SALES, 2018–2020 ($MILLION)
TABLE 138.REMY COINTREAU SA: KEY EXECUTIVES
TABLE 139.REMY COINTREAU SA: COMPANY SNAPSHOT
TABLE 140.REMY COINTREAU SA: OPERATING SEGMENTS
TABLE 141.REMY COINTREAU SA: PRODUCT PORTFOLIO
TABLE 142.REMY COINTREAU SA: NET SALES, 2017–2019 ($MILLION)
TABLE 143.THE WINE GROUP: KEY EXECUTIVES
TABLE 144.THE WINE GROUP: COMPANY SNAPSHOT
TABLE 145.THE WINE GROUP: PRODUCT PORTFOLIO
TABLE 146.TREASURY WINE ESTATES LIMITED: KEY EXECUTIVES
TABLE 147.TREASURY WINE ESTATES LIMITED: COMPANY SNAPSHOT
TABLE 148.TREASURY WINE ESTATES LIMITED: OPERATING SEGMENTS
TABLE 149.TREASURY WINE ESTATES LIMITED: PRODUCT PORTFOLIO
TABLE 150.TREASURY WINE ESTATES LIMITED: NET SALES, 2018–2020 ($MILLION)
TABLE 151.VIÑA CONCHA Y TORO SA: KEY EXECUTIVES
TABLE 152.VIÑA CONCHA Y TORO SA: COMPANY SNAPSHOT
TABLE 153.VIÑA CONCHA Y TORO SA: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.RED WINE MARKET SNAPSHOT
FIGURE 02.TOP IMPACTING FACTORS
FIGURE 03.GLOBAL RED WINE MARKET SEGMENTATION
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 06.LOW BARGAINING POWER OF BUYERS
FIGURE 07.HIGH THREAT OF SUBSTITUTION
FIGURE 08.LOW THREAT OF NEW ENTRANTS
FIGURE 09.MODERATE INTENSITY OF COMPETITIVE RIVALRY
FIGURE 10.RED WINE MARKET: DRIVERS, RESTRAINTS, AND OPPORTUNITIES
FIGURE 11.RED WINE MARKET, BY PRODUCT TYPE, 2019 (%)
FIGURE 12.COMPARATIVE COUNTRY MARKET SHARE ANALYSIS OF CABERNET SAUVIGNONRED WINE MARKET, 2020 & 2028 (%)
FIGURE 13.COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF MERLOT RED WINE MARKET, 2019 AND 2027 (%)
FIGURE 14.COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF MERLOT RED WINE MARKET, 2020 AND 2028 (%)
FIGURE 15.COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF OTHER RED WINE MARKET, 2019 AND 2027 (%)
FIGURE 16.GLOBAL RED WINE MARKET SHARE, BY PRICING, 2020(%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF MASS RED WINE MARKETREVENUE, BY COUNTRY, 2020& 2028 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF PREMIUM RED WINE MARKET REVENUE, BY COUNTRY, 2020 & 2028 (%)
FIGURE 19.GLOBAL RED WINE MARKET, BY DISTRIBUTION CHANNEL, 2019 (%)
FIGURE 20.COMPARATIVE MARKET SHARE ANALYSIS OF RED WINE MARKET REVENUE FOR ON-TRADE, BY COUNTRY, 2020 & 2028 (%)
FIGURE 21.COMPARATIVE REGIONAL MARKET SHARE ANALYSISOF GLOBAL RED WINE MARKETFOR SPECIALTY STORE, 2019 AND 2027(%)
FIGURE 22.RED WINE MARKET, BY REGION, 2019 (%)
FIGURE 23.U.S. RED WINE MARKET REVENUE, 2020–2028 ($MILLION)
FIGURE 24.CANADA RED WINE MARKET REVENUE, 2020–2028 ($MILLION)
FIGURE 25.MEXICO RED WINE MARKET REVENUE, 2020–2028 ($MILLION)
FIGURE 26.UK RED WINE MARKETREVENUE, 2020–2028 ($MILLION)
FIGURE 27.GERMANY RED WINE MARKETREVENUE, 2020–2028 ($MILLION)
FIGURE 28.FRANCE RED WINE MARKETREVENUE, 2020–2028 ($MILLION)
FIGURE 29.ITALY RED WINE MARKETREVENUE, 2020–2028 ($MILLION)
FIGURE 30.SPAIN RED WINE MARKETREVENUE, 2020–2028 ($MILLION)
FIGURE 31.RUSSIA RED WINE MARKETREVENUE, 2020–2028 ($MILLION)
FIGURE 32.PORTUGAL RED WINE MARKETREVENUE, 2020–2028 ($MILLION)
FIGURE 33.REST OF EUROPE RED WINE MARKETREVENUE, 2020–2028 ($MILLION)
FIGURE 34.CHINA RED WINE MARKET REVENUE, 2020–2028 ($MILLION)
FIGURE 35.INDIA RED WINE MARKET REVENUE, 2020–2028 ($MILLION)
FIGURE 36.JAPAN RED WINE MARKETREVENUE, 2020–2028 ($MILLION)
FIGURE 37.AUSTRALIA RED WINE MARKET REVENUE, 2020–2028 ($MILLION)
FIGURE 38.REST OF ASIA-PACIFIC RED WINE MARKET REVENUE, 2020–2028 ($MILLION)
FIGURE 39.BRAZIL RED WINE MARKET REVENUE, 2020–2028 ($MILLION)
FIGURE 40.ARGENTINA RED WINE MARKET REVENUE, 2020–2028 ($MILLION)
FIGURE 41.SOUTH AFRICA RED WINE MARKET REVENUE, 2020–2028 ($MILLION)
FIGURE 42.REST OF LAMEA RED WINE MARKET REVENUE, 2020–2028 ($MILLION)
FIGURE 43.TOP WINNING STRATEGIES, BY YEAR, 2017–2020*
FIGURE 44.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2020* (%)
FIGURE 45.TOP WINNING STRATEGIES, BY COMPANY, 2017–2020*
FIGURE 46.PRODUCT MAPPING OF TOP 10 KEY PLAYERS
FIGURE 47.COMPETITIVE DASHBOARD OF TOP 10 KEY PLAYERS
FIGURE 48.COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS
FIGURE 49.THE CARLYLE GROUP: NET SALES, 2018–2020 ($MILLION)
FIGURE 50.THE CARLYLE GROUP: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 51.THE CARLYLE GROUP: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 52.THE BROWN–FORMAN CORPORATION : NET SALES, 2018–2020 ($MILLION)
FIGURE 53.THE BROWN–FORMAN CORPORATION: REVENUE SHARE BY PRODUCT CATEGORY, 2020 (%)
FIGURE 54.THE BROWN–FORMAN CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 55.CAMPRI GROUP: NET SALES, 2018–2020 ($MILLION)
FIGURE 56.CAMPRI GROUP: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 57.CONSTELLATION BRANDS, INC. : NET SALES, 2018–2020 ($MILLION)
FIGURE 58.CONSTELLATION BRANDS, INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 59.CONSTELLATION BRANDS, INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 60.REMY COINTREAU SA: NET SALES, 2018–2020 ($MILLION)
FIGURE 61.REMY COINTREAU SA: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 62.REMY COINTREAU SA: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 63.TREASURY WINE ESTATES LIMITED: NET SALES, 2018–2020 ($MILLION)
FIGURE 64.TREASURY WINE ESTATES LIMITED: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 65.TREASURY WINE ESTATES LIMITED: REVENUE SHARE BY REGION, 2020 (%)

 
 

In view of CXO, mass produced red wines are highly prevalent in developed countries of the Asia-Pacific region such as India however, the premium red wine segment has seen a surge in demand from the past half decade.  In addition, urbanization, rising disposable income, and growth in middle class population has positively impact the premium red wine market. With growing number of pubs, bars, and breweries serving alcoholic beverages, premium red wine are driving the market expansion in both developed and developing economies. CXO further added, with increased awareness and consciousness, consumers now a days are scrutinizing food as well as beverages labels these days, with wines being no exception. Clean label, organic, natural, no additives, GMO free alcohol including red wine have been successfully launched in the market. For instance, Santa Julia Organic have launched organic red wine in malbec and cabernet catergory. With more players entering into organic market the market for organic red wine likely to gain high traction with new flavours and offerings to lure consumers.  Counterfeiting and adulteration of red wines negatively impacts the market expansion. High extent of counterfeiting can be witnessed in developing countries such as India and China. The counterfeiting were as high as 50% for foreign liquors in some provinces of China. Counterfeiting negatively impacts the brand image and overall market growth thus act as a major challenge for engagged stakeholders. 

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A. Red wine market is estimated to reach $278.5 billion by 2028.

A. The CAGR of red wine market is 5.4%

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A. The forecast period in the market report is 2021-2028.

A. The red wine market is segmented on the basis of product type, pricing, distribution channel, and region.

A. top companies in the red wine market analysis include The Carlyle Group, Brown-Forman, Campari Group, Castel Winery Plc.

A. The cabernet sauvignon wine segment holds the maximum market share

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A. The on-trade segment of the red wine market was impacted severely due to the pandemic owing to the closure of hotels and restaurants across the globe

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