The Europe Still Wine Market would witness market growth of 9.5% CAGR during the forecast period (2022-2028).
The alcoholic fermentation of freshly picked grape juice produces wine. The most critical ingredients for the fermentation process, sugar, and yeast are found naturally in grapes. A wine's characteristics are influenced by the grape variety used in its production. Winemaking techniques are used in accordance with local customs and traditions. The wine created by spontaneous fermentation is known as a table or still wine, and its alcoholic level typically ranges between 10% and 14%.
Grape harvesting is the first phase in the winemaking process, and it can be done either by machines or manually. Since it selects the greatest quality grapes, the handpicked process is expensive and time-consuming. It's frequently employed in the production of high-end wines. Mechanical harvesting is more effective, cost-efficient, and suitable for vast vineyards. The grapes are quickly crushed and destemmed after they have been harvested. The grapes are crushed in a variety of ways according to the preferences of the manufacturer.
The goal of crushing is not to extract all of the juice from the grapes but to gently tear the skin and enable the juice to flow. The must is poured into a fermentation tank, which can be made of wood or stainless steel. The wine would be spoilt if wild yeasts or molds are allowed to grow. Yeasts react with the sugars in the juice to produce carbon dioxide gas as well as ethyl alcohol during the fermentation process. During fermentation, heat is released, which affects the wine's flavor and accelerates the fermentation process.
Still wine is a well-established business in Europe. Still wine production is dominated by countries such as Italy, France, Spain, and Germany in the region. According to the United States Department of Agriculture's 2017 Report on the German Wine Industry, the total consumption of still and sparkling wine in Germany varied between 19.3 and 20.5 million hl between 2015 and 2017. Furthermore, in 2017, per capita wine consumption climbed from 20.1 to 21.1 liters. In 2015, Germany imported about 1.5 billion liters of wine, with bulk wine accounting for 58%, bottled wine for 37%, and sparkling wine accounting for 4%. These factors are likely to contribute to the growth of the European still wine market.
Further, wine production in England and Wales, which was once a cottage business, is now growing on a slight basis. According to a 2016 report of the organization, in 2014, production totaled 4.7 million liters, or 6.3 million bottles, increasing 42% over the previous year's record-breaking output. In addition, in 2014, revenue was reported to be BPS 78 million, and it was predicted to be BPS 100 million in 2015.
The Germany market dominated the Europe Still Wine Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $37,113.8 million by 2028. The UK market is anticipated to grow at a CAGR of 8.6% during (2022 - 2028). Additionally, The France market would showcase a CAGR of 10.3% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Still Wine Market will Hit $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.
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