The Asia Pacific Still Wine Market would witness market growth of 10.3% CAGR during the forecast period (2022-2028).
Wine is a beverage made only from the complete or partial alcoholic fermentation of fresh grapes or grape must whether, crushed or not. Yeasts convert sugars in the juice into ethanol (51.34%) and carbon dioxide (48.16%), as well as other compounds in trace amounts, during fermentation. Additionally, the fermentation of alcoholic beverages generates heat. The temperature at which red wines are produced is higher than that at which white wines are made. Fermentation temperatures for red wines range from 20°C to 32°C (68°F to 90°F), while white and rose wines are fermented between 12°C to 22°C (54°F to 72°F). When the must is heated, it forms bubbles.
The regional still wine market is being driven by a growing population of female alcohol consumers, the expansion of bars and restaurants, the exploration of new forms of entertainment, such as night parties, increasing demand from emerging economies, and a preference for low-calorie alcoholic beverages. In India, for example, the number of pubs and bars has significantly increased in recent years. Moreover, the number of cafes offering a wide variety of wines also increased during the same period. Wine's health benefits, such as a lower risk of heart disease, type 2 diabetes, and cataracts, are also fueling the still wine market in this region.
Moreover, as a growing number of millennials switch from beer and spirit-based drinks to wine across China, the demand for still wine across the region is estimated to rapidly surge in the coming years. Furthermore, the constantly rising disposable income of the regional population is another major factor that is encouraging them to include still wine in their lifestyle. Owing to all these factors, the growth of the regional market is being majorly augmented.
The China market dominated the Asia Pacific Still Wine Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $38,834.2 million by 2028. The Japan market is poised to grow at a CAGR of 9.6% during (2022 - 2028). Additionally, The India market would display a CAGR of 10.9% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Liquor Stores, Internet Retailing, Supermarkets, Pub, Bars & Restaurants, and Others. Based on Type, the market is segmented into Red Wine, White Wine, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Still Wine Market is Projected to reach USD 505.1 Billion by 2028, at a CAGR of 9.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Constellation Brands, Inc., The Wine Group, E. & J. Gallo Winery, Diageo PLC, Pernod Ricard S.A., Treasury Wine Estates Limited, Trinchero Family Estates, CASTEL Familial et international, Zhang Yu Wine Company, and Casella Wines Pty Limited.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- Liquor Stores
- Internet Retailing
- Supermarkets
- Pub, Bars & Restaurants
- Others
By Type
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Constellation Brands, Inc.
- The Wine Group
- E. & J. Gallo Winery
- Diageo PLC
- Pernod Ricard S.A.
- Treasury Wine Estates Limited
- Trinchero Family Estates
- CASTEL Familial et international
- Zhang Yu Wine Company
- Casella Wines Pty Limited
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Still Wine Market, by Distribution Channel
1.4.2 Asia Pacific Still Wine Market, by Type
1.4.3 Asia Pacific Still Wine Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. Asia Pacific Still Wine Market by Distribution Channel
4.1 Asia Pacific Liquor Stores Market by Country
4.2 Asia Pacific Internet Retailing Market by Country
4.3 Asia Pacific Supermarkets Market by Country
4.4 Asia Pacific Pub, Bars & Restaurants Market by Country
4.5 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Still Wine Market by Type
5.1 Asia Pacific Red Wine Market by Country
5.2 Asia Pacific White Wine Market by Country
5.3 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Still Wine Market by Country
6.1 China Still Wine Market
6.1.1 China Still Wine Market by Distribution Channel
6.1.2 China Still Wine Market by Type
6.2 Japan Still Wine Market
6.2.1 Japan Still Wine Market by Distribution Channel
6.2.2 Japan Still Wine Market by Type
6.3 India Still Wine Market
6.3.1 India Still Wine Market by Distribution Channel
6.3.2 India Still Wine Market by Type
6.4 South Korea Still Wine Market
6.4.1 South Korea Still Wine Market by Distribution Channel
6.4.2 South Korea Still Wine Market by Type
6.5 Singapore Still Wine Market
6.5.1 Singapore Still Wine Market by Distribution Channel
6.5.2 Singapore Still Wine Market by Type
6.6 Malaysia Still Wine Market
6.6.1 Malaysia Still Wine Market by Distribution Channel
6.6.2 Malaysia Still Wine Market by Type
6.7 Rest of Asia Pacific Still Wine Market
6.7.1 Rest of Asia Pacific Still Wine Market by Distribution Channel
6.7.2 Rest of Asia Pacific Still Wine Market by Type
Chapter 7. Company Profiles
7.1 Constellation Brands, Inc.
7.1.1 Company Overview
7.1.1 Financial Analysis
7.1.2 Segmental and Regional Analysis
7.1.3 Recent strategies and developments:
7.1.3.1 Acquisition and Mergers:
7.2 The Wine Group
7.2.1 Company Overview
7.2.2 Recent strategies and developments:
7.2.2.1 Partnerships, Collaborations, and Agreements:
7.2.2.2 Product Launches and Product Expansions:
7.3 E. & J. Gallo Winery
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Partnerships, Collaborations, and Agreements:
7.3.2.2 Product Launches and Product Expansions:
7.3.2.3 Acquisition and Mergers:
7.3.2.4 Geographical Expansions:
7.4 Diageo PLC
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.5 Pernod Ricard S.A.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Recent strategies and developments:
7.5.4.1 Acquisition and Mergers:
7.6 Treasury Wine Estates Limited
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Recent strategies and developments:
7.6.4.1 Partnerships, Collaborations, and Agreements:
7.6.4.2 Product Launches and Product Expansions:
7.6.4.3 Acquisition and Mergers:
7.6.4.4 Geographical Expansions:
7.7 Trinchero Family Estates
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Partnerships, Collaborations, and Agreements:
7.8 CASTEL Familial et international (Copagef, SA)
7.8.1 Company Overview
7.9 Zhang Yu Wine Company
7.9.1 Company Overview
7.10. Casella Wines Pty Limited
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Acquisition and Mergers:
TABLE 1 Asia Pacific Still Wine Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Still Wine Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Still Wine Market
TABLE 4 Product Launches And Product Expansions – Still Wine Market
TABLE 5 Acquisition and Mergers – Still Wine Market
TABLE 6 Geographical Expansions – Still Wine Market
TABLE 7 Asia Pacific Still Wine Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Still Wine Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Liquor Stores Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Liquor Stores Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Internet Retailing Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Internet Retailing Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Supermarkets Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Supermarkets Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Pub, Bars & Restaurants Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Pub, Bars & Restaurants Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Still Wine Market by Type, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Still Wine Market by Type, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Red Wine Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Red Wine Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific White Wine Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific White Wine Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Still Wine Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Still Wine Market by Country, 2022 - 2028, USD Million
TABLE 29 China Still Wine Market, 2018 - 2021, USD Million
TABLE 30 China Still Wine Market, 2022 - 2028, USD Million
TABLE 31 China Still Wine Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 32 China Still Wine Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 33 China Still Wine Market by Type, 2018 - 2021, USD Million
TABLE 34 China Still Wine Market by Type, 2022 - 2028, USD Million
TABLE 35 Japan Still Wine Market, 2018 - 2021, USD Million
TABLE 36 Japan Still Wine Market, 2022 - 2028, USD Million
TABLE 37 Japan Still Wine Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 38 Japan Still Wine Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 39 Japan Still Wine Market by Type, 2018 - 2021, USD Million
TABLE 40 Japan Still Wine Market by Type, 2022 - 2028, USD Million
TABLE 41 India Still Wine Market, 2018 - 2021, USD Million
TABLE 42 India Still Wine Market, 2022 - 2028, USD Million
TABLE 43 India Still Wine Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 44 India Still Wine Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 45 India Still Wine Market by Type, 2018 - 2021, USD Million
TABLE 46 India Still Wine Market by Type, 2022 - 2028, USD Million
TABLE 47 South Korea Still Wine Market, 2018 - 2021, USD Million
TABLE 48 South Korea Still Wine Market, 2022 - 2028, USD Million
TABLE 49 South Korea Still Wine Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 50 South Korea Still Wine Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 51 South Korea Still Wine Market by Type, 2018 - 2021, USD Million
TABLE 52 South Korea Still Wine Market by Type, 2022 - 2028, USD Million
TABLE 53 Singapore Still Wine Market, 2018 - 2021, USD Million
TABLE 54 Singapore Still Wine Market, 2022 - 2028, USD Million
TABLE 55 Singapore Still Wine Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 56 Singapore Still Wine Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 57 Singapore Still Wine Market by Type, 2018 - 2021, USD Million
TABLE 58 Singapore Still Wine Market by Type, 2022 - 2028, USD Million
TABLE 59 Malaysia Still Wine Market, 2018 - 2021, USD Million
TABLE 60 Malaysia Still Wine Market, 2022 - 2028, USD Million
TABLE 61 Malaysia Still Wine Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 62 Malaysia Still Wine Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 63 Malaysia Still Wine Market by Type, 2018 - 2021, USD Million
TABLE 64 Malaysia Still Wine Market by Type, 2022 - 2028, USD Million
TABLE 65 Rest of Asia Pacific Still Wine Market, 2018 - 2021, USD Million
TABLE 66 Rest of Asia Pacific Still Wine Market, 2022 - 2028, USD Million
TABLE 67 Rest of Asia Pacific Still Wine Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 68 Rest of Asia Pacific Still Wine Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 69 Rest of Asia Pacific Still Wine Market by Type, 2018 - 2021, USD Million
TABLE 70 Rest of Asia Pacific Still Wine Market by Type, 2022 - 2028, USD Million
TABLE 71 Key Information – Constellation Brands, Inc.
TABLE 72 Key Information – The Wine Group
TABLE 73 Key Information – E. & J. Gallo Winery
TABLE 74 Key Information – Diageo PLC
TABLE 75 Key Information – Pernod Ricard S.A.
TABLE 76 Key Information – Treasury Wine Estates Limited
TABLE 77 Key Information – Trinchero Family Estates
TABLE 78 Key Information – CASTEL Familial et international
TABLE 79 Key Information – Zhang Yu Wine Company
TABLE 80 Key Information – Casella Wines Pty Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Recent strategies and developments: E. & J. Gallo Winery
FIG 5 Recent strategies and developments: Treasury Wine Estates Ltd.