Wine Market in India by Sales Type and Wine Type - Forecast and Analysis 2022-2026

  • Published: Nov 2021
  • Pages: 120
  • SKU: IRTNTR71551
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The wine market share in India is expected to increase by USD 274.00 million from 2021 to 2026, and the market’s growth momentum will decelerate at a CAGR of 19.78%.

This wine market research report of India provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers wine market segmentation in India by sales type (domestic and imported) and wine type (red, fortified, white, and sparkling). The wine market report of India also offers information on several market vendors, including Chateau d Ori, Fratelli Wines Pvt Ltd., Good Drop Wine Cellars Pvt Ltd., Grover Zampa Vineyards Ltd., KRSMA Estates Pvt. Ltd., LVMH Moet Hennessy Louis Vuitton SE, Mandala Wines, RENAISSANCE Winery Pvt. Ltd., Sula Vineyards, and Vallonne Vineyards Pvt. Ltd. among others.

What will the Wine Market Size in India be During the Forecast Period?

Download the Free Report Sample to Unlock the Wine Market Size in India for the Forecast Period and Other Important Statistics

 

Wine Market in India: Key Drivers and Trends

The increasing use of online sales channels is notably driving the wine market growth in India, although factors such as campaigns against alcohol consumption may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the wine industry in India. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Wine Market Driver in India

The availability of online stores and online specialty retailers provides a wide range of choices to consumers in addition to online shopping conveniences. The increasing use of online channels for purchasing products is likely to drive the growth of the wine market in India. The presence of strong online distribution channels and platform providers is expected to boost the growth of online sales. The increase in the use of online sales channels is expected to create new opportunities for vendors where they can target customers without geographical boundaries, improve operational efficiencies, and provide customized products to consumers. Thus, the growing adoption of online sales channels will increase the profit margins of wine vendors, which, in turn, will drive the growth of the wine market in India

Key Wine Market Challenge in India

The growing incidence of alcohol abuse and alcohol-related accidents, especially among the younger population, has led to many regulatory and social organizations launching campaigns against alcohol consumption and players to prevent this. The increasing preference for non-alcoholic beverages, such as health drinks, is also affecting the growth of the market in the country. The stringent advertising restrictions on alcoholic beverages, along with increasing campaigns against alcohol consumption in India, can hamper the growth of the wine market in India.

This wine market analysis report of India also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Wine Market Vendors in India?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Chateau d Ori
  • Fratelli Wines Pvt Ltd.
  • Good Drop Wine Cellars Pvt Ltd.
  • Grover Zampa Vineyards Ltd.
  • KRSMA Estates Pvt. Ltd.
  • LVMH Moet Hennessy Louis Vuitton SE
  • Mandala Wines
  • RENAISSANCE Winery Pvt. Ltd.
  • Sula Vineyards
  • Vallonne Vineyards Pvt. Ltd.

 

This statistical study of the wine market in India encompasses successful business strategies deployed by the key vendors. The wine market in India is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The wine market in India forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

What are the Revenue-generating Sales Type Segments in the Wine Market in India?

To gain further insights on the market contribution of various segments Request for a FREE sample

The wine market share growth in India by the domestic segment will be significant during the forecast period. The demand for premium wine brands is increasing among consumers in India. Rising consumer preferences for smooth, rare, and innovative flavors of wine have increased, which has fostered the domestic production of wine. The rising demand for premium wine in recent years has led to an increase in the launch of innovative products. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the wine market size in India and actionable market insights on post COVID-19 impact on each segment.

 

Wine Market Scope in India

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 19.78%

Market growth 2022-2026

$ 274.00 million

Market structure

Fragmented

YoY growth (%)

29.30

Regional analysis

India

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Chateau d Ori, Fratelli Wines Pvt Ltd., Good Drop Wine Cellars Pvt Ltd., Grover Zampa Vineyards Ltd., KRSMA Estates Pvt. Ltd., LVMH Moet Hennessy Louis Vuitton SE, Mandala Wines, RENAISSANCE Winery Pvt. Ltd., Sula Vineyards, and Vallonne Vineyards Pvt. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Wine Market Report of India?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive wine market growth in India during the next five years
  • Precise estimation of the wine market size in India and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of wine market vendors in India

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Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2021
  • Market outlook: Forecast for 2021 - 2026

Five Forces Analysis

  • Five forces analysis
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Sales type

  • Market segments
  • Comparison by Sales type
  • Domestic - Market size and forecast 2021-2026
  • Imported - Market size and forecast 2021-2026
  • Market opportunity by Sales type

Market Segmentation by Wine type

  • Market segments
  • Comparison by Wine type
  • Red - Market size and forecast 2021-2026
  • Fortified - Market size and forecast 2021-2026
  • White - Market size and forecast 2021-2026
  • Sparkling - Market size and forecast 2021-2026
  • Market opportunity by Wine type

Customer landscape

  • Overview
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Chateau d Ori
  • Fratelli Wines Pvt Ltd.
  • Good Drop Wine Cellars Pvt Ltd.
  • Grover Zampa Vineyards Ltd.
  • KRSMA Estates Pvt. Ltd.
  • LVMH Moet Hennessy Louis Vuitton SE
  • Mandala Wines
  • RENAISSANCE Winery Pvt. Ltd.
  • Sula Vineyards
  • Vallonne Vineyards Pvt. Ltd.

Appendix

  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The wine market growth will increase by $274.00 million during 2021-2026.
The wine market is expected to grow at a CAGR of 19.78% during 2021-2026.
Technavio has segmented the wine market by other1 (Domestic and Imported) ,other2 (Red, Fortified, White, and Sparkling) , and geographic (Africa).
Chateau d Ori, Fratelli Wines Pvt Ltd., Good Drop Wine Cellars Pvt Ltd., Grover Zampa Vineyards Ltd., KRSMA Estates Pvt. Ltd., LVMH Moet Hennessy Louis Vuitton SE, Mandala Wines, RENAISSANCE Winery Pvt. Ltd., Sula Vineyards, Vallonne Vineyards Pvt. Ltd. are a few of the key vendors in the wine market.
Africa will register the highest growth rate of NaN% among the other regions. Therefore, the wine market in Africa is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the wine market growth are:
  • Increasing use of online sales channels
The wine market vendors should focus on grabbing business opportunities from the domestic segment as it accounted for the largest market share in the base year.
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