Wine

Asia Pacific is the second largest market for wine consumption in volume terms, driven primarily by China, Japan and South Korea. The region offers significant potential due to its large customer base, rising disposable incomes and favourable ...

Formed as a result of Constellation Brands’s divestment of its UK and Australian operations, Accolade became one of the top three global vintners as a result of its acquisition strategy and strong position in the UK and Australia. Carlyle’s purchase ...

E&J Gallo continues to lead global wine volumes, as a result of its undisputed leadership in its domestic US market. In line with other global vintners, the company is working to position its wine offer upmarket and expand its geographic scope, ...

Treasury Wine Estates’ key strategy is to expand its product portfolio upmarket and divest its low priced commercial wines. It also aims to increase its geographic coverage, supported by an improved distribution network in key markets, in particular ...

The world’s seventh largest vintner in volume terms, Viña Concha y Toro, is engaged in a strategy of aggressive, export-driven international expansion. This profile analyses the Chilean company’s strategic development across its key markets, ...

With Euromonitor’s latest annual research now out, the global alcoholic drinks landscape points to heady heights. But could there be froth foaming behind the strongest volume growth figures in half a decade? Which are the categories spearheading the ...

Historically, the consumption of wine in Bolivia was driven mainly by imported wines of Argentinean and Chilean origin, and local wines were perceived by consumers as lower quality. However, this perception changed drastically in recent years. Major ...

Suntory Holdings is one of the world’s largest spirits companies, with particular strength in US and Japanese whiskies. This core focus will not change in the years ahead, although the company is looking to diversify geographically, as well as into ...

Sales of wine barely increased in total volume terms in 2018, as the new tax scheme discouraged consumption and motivated a shift towards beer. The changes in the legislation had a negative impact on reserve and mid-priced wines, which saw strong ...

In most parts of the country, excluding Herzegovina, beer was always the dominant alcoholic drink, and wine was viewed as an upscale option, with which most consumers were not comfortable experimenting. The reason for such a perception is the culture...

Croatia is a traditional wine-making country, but not able to break into the markets of the EU. While some blame this on overwhelming competition from global giants like Italy, Spain or France, others point out that Croatia has not yet positioned its...

Local consumers drank more wine during 2018. Total wine consumption continued to see a dynamic development in the country, with sales recording a healthy increase. The local market has not reached its wine consumption limits and there is still ...

In the Italian market, a change in tastes occurred following a change in consumption habits. Italian consumers used to prefer strong red wines, when it was more common to consume wine with the main meal. Nowadays, Italians prefer lighter white wines ...

The domestic market has an overstock of wine in Uruguay, as it produces more wine than is consumed. In addition, the percentage of imports, although not high, has increased the supply of wine in the country. Due to surpluses, which make the internal ...

Off-trade is the major channel through which wine is sold in Nigeria. Many consumers in the country make their purchases via grocery stores such as supermarkets and hypermarkets. The growing patronage of wine by consumers in Nigeria is a result of it...

Key consumers of wine in Ecuador are men and women in the middle, mid-high and high socioeconomic groups. Special celebrations involving lunch or dinner typically include still light red wine, with a lower presence of white or rosé. A niche consumer ...

In line with ongoing Westernisation, wine is an alcoholic drink which is increasingly accepted by Egyptian consumers. It is typically purchased on-trade through restaurants or bars, although the share of off-trade sales is increasing. Domestic wine ...

Wine is not available in Saudi Arabia as alcoholic drinks are not permitted in the country under Islamic Law....

Wine continues growing, but it is specifically white and rosé that are being rediscovered by consumers. These days there is a strong shift, especially among younger generations, from “traditional sophistication” to “fresh and young simplicity”, and ...

In 2018 the wine-drinking culture further developed in Malaysia due to increasing awareness through media coverage and branding campaigns. Brand owners held various tasting and pairing events throughout the year to promote new product variants as ...