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European Wine Market Growth, Size, Share and Industry Report to 2019-2025.

Feb 14th 2020 at 4:58 AM

 

The European wine market is estimated to grow at a CAGR of 3.8% during the forecast period. The wine industry valued at $50.4 billion in 2018 and is estimated to reach $65.1 billion in 2025. Alcoholic beverages are among the most traded sectors in the European Union. As per FoodDrinkEurope, in 2017, the European Union countries exported drinks (including spirit, wine, beer, mineral water & soft drinks) of worth more than $34 billion, out of which around $12 billion comprises of spirits, $3.8 billion comprises of wine and $12.6 billion of beer with a growth of 5%, 12%, and -2% respectively YoY. Total imports related to drinks were near to $6.6 billion mostly comprises of wine and spirits. Wine import rate has been reduced by 1% YoY in 2017.

Request a Free Sample of our Report European Wine Market: https://www.omrglobal.com/request-sample/european-wine-market

As per the WHO, Wine consumption is highest in France with around 59% in 2016 of the total consumption followed by spirit and beer respectively. The excise duty is implemented on beer, wine, and spirit. The minimum age to drink alcoholic beverages is 18 years. Around 24.7% of the people were abstainers in the country in 2016 with 9.8% lifetime abstainers whereas 14.8% had not to drink an alcoholic beverage from the last 12 months.

A full Report of European Wine Market is Available at: https://www.omrglobal.com/industry-reports/european-wine-market

European Wine Market Segmentation

By Type

  • Still Wine
  • Sparkling Wine
  • Dessert Wine
  • Fortified Wine

By Distribution Channel

  • Online
  • Offline

Regional Analysis

  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe

Company Profiles

  • Bacardi, Ltd.
  • Carlsberg Breweries A/S
  • Constellation Brands, Inc.
  • DGB (Pty). Ltd.
  • Diageo PLC
  • Halewood International, Ltd.
  • Heineken Holding N.V.
  • Kirin Holdings Co. Ltd.
  • Molson Coors Brewing Co.
  • Pernod Ricard SA
  • SABMiller PLC

 

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/european-wine-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit Orion Market Research

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +1 646-755-7667, +91 7803040404

 

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