Canned Wines Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2024 to 2031)


Posted February 29, 2024 by mansi3210

Canned wine market is anticipated to grow at a significant CAGR of 13.2% during the forecast period.

 
Canned wine market is anticipated to grow at a significant CAGR of 13.2% during the forecast period. Wine is considered a luxury alcoholic drink that comes in a glass bottle with different flavours, and colours such as red, rose, and white. Thus, the increase in the consumption of wine over the past decade has significantly raised the demand and growth of the global canned wine market. According to the Wine Institute, in 2021, the US population consumes around 1.1 billion wine gallons. Additionally, as per the same source, each resident has been estimated to consume around 3.18 gallons of total wine.

The global canned wine market is segmented based on product, colour, and distribution channel. Based on the product, the market is segmented into still wine, sparkling wine, fortified wine, and vermouth. Based on the colour, the market is sub-segmented into red wine, rose wine, and white wine. Based on the distribution channel, the market is sub-segmented into online and offline. Among the product segment, the sparkling wine sub-segment is expected to hold a prominent share in the growth of the canned wines market globally due to rising production and import of sparkling wine during the forecast period.

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Canned Wines Market Segmentation

By Product

Still Wine
Sparkling Wine
Fortified Wine
Vermouth
By Colour

Red Wine
Rose Wine
White Wine
By Distribution Channel

Online
Offline
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Regional Analysis

North America

United States
Canada
Europe

UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific

India
China
Japan
South Korea
Rest of APAC
Rest of the World

Latin America
Middle East and Africa
Company Profiles

Accolade Wines
AMVYX SA
Babe Wine
Canned Wine Co.
Constellation Brands, Inc.
& J. Gallo Winery
Fratelli Wines Pvt. Ltd.
GRUPO PEÑAFLOR
Heineken USA Inc.
House of BNG
Integrated Beverage Group
Pernod Ricard S.A.
Sans Wine Co.
Sula Vineyards
The Family Coppola
THE VICE WINE
The Wine Group LLC
Treasury Wine Estates Ltd.
Union Wine Co.
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Categories Business , Food , Manufacturing
Last Updated February 29, 2024