Canned Wines Market to Signify Strong Growth by 2024-2031

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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Article source: https://article-realm.com/article/Food-Beverage/62843-Canned-Wines-Market-to-Signify-Strong-Growth-by-2024-2031.html