The global canned wine market is expected to be growing at a growth rate of 7.2% in the forecast period of 2021 to 2028 and is estimated to reach 16.088 USD billion by 2028. The growing demand from the working population and college students in the urban areas will act as a driving factor to the growth of the canned wine market.
Market Analysis and Insights: Global Canned Wine Market
The global canned wine market is expected to be growing at a growth rate of 7.2% in the forecast period of 2021 to 2028 and is estimated to reach 16.088 USD billion by 2028. The growing demand from the working population and college students in the urban areas will act as a driving factor to the growth of the canned wine market.
Food and beverage services refer to the preparation, presentation, and delivery of food and drinks in various settings such as restaurants, hotels, catering companies, cafes, bars, and other hospitality establishments. These services encompass a wide range of activities and roles involved in providing meals and beverages to customers. Some key components of food and beverage services include
A wine is an alcoholic drink that generally comes in a bottle and has its place at the table. It is one of the most popular hard drink, which customers relish in every party or in a small gathering. But it is not easy to carry a bottle of wine with glasses in outdoor activities such as picnics. Therefore, to overcome the constraint, canned wines came into being.
Canned wine Market Scope and Market Size
The canned wine market is segmented on the basis of product type, color and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on the product type, the canned wine market is segmented into still wine, sparkling wine, fortified wine and vermouth.
- Based on the color, the canned wine market is segmented into red wine, rose wine, white wine.
- Based on the distribution channel, the canned wine market is segmented into on-trade and off-trade. Off-trade is further sub segmented into supermarkets or hypermarkets, specialty stores, online retailers and other distribution channels.
Competitive Landscape and Canned Wine Market Share Analysis
The canned wine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to canned wine market.
The major players covered in canned wine market report are E. & J. Gallo Winery., Constellation Brands Inc., The Wine Group, Treasury Wine Estates, Castel Group, Accolade Wines, Total Wine & More, GRUPO PEÑAFLOR, Rogue Ales & Spirits, ASDA, The Cooper Spirits Co., bighammer.com., Bacardi Limited, Anheuser-Busch InBev, Brown-Forman, Diageo, A.G. Barr, 34 North Cocktail Co., Pernod Ricard, Manchester Drinks., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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