Angola Wine Market 2024

Description

Anticipated to grow steadily, the Angola wine market is expected to rise from USD 629.5 million in 2023 to USD 1,097.1 million by 2029, with a CAGR of 9.7% throughout the forecast period. Angola’s wine market is witnessing growth, primarily driven by the country’s rising affluence and increasing demand for premium beverages. As the middle class expands and more consumers seek out refined alternatives to traditional spirits, wine consumption is on the rise. The growing number of wine importers and retailers in urban centers like Luanda is enhancing wine accessibility. Furthermore, wine is increasingly becoming a staple in social settings, with wine-related events and tastings gaining popularity, helping to foster a more sophisticated wine culture in Angola.

This report provides a thorough assessment of the Angola wine industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product type, packaging and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the wine industry.

Market Segmentation

The Angola wine market is categorized into the following segments:
Product type: sparkling wine (champagne, others), still wine (still red wine, still rosé wine, still white wine)
Packaging: glass, metal, others
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, food and drinks stores, grocery stores, bars and HoReCa, others

The Angola wine market is categorized by product type, packaging and distribution channel. By product type, the market features sparkling wine (champagne, others), and still wine (still red wine, still rosé wine, still white wine). Packaging segments encompass glass, metal, and others. Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, discounters, food and drinks stores, grocery stores, bars and HoReCa, and others.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Angola wine market.
Gain in-depth analysis and forecasts for the key segments of the Angola wine market: product type, packaging and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Angola wine market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Angola wine market with informed projections.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Angola Wine Market – Product Type Analysis
Angola Wine Market – Packaging Analysis
Angola Wine Market – Distribution Channel Analysis
Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Angola Wine Market 2019-2029
Chart Angola Wine Market, Net Growth, 2019-2029
Chart Angola Wine Market, Growth Rates, 2019-2029
Table Angola Wine Market by Product Type, 2019-2029
Chart Angola Wine Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Angola Wine Market by Product Type, 2019-2029
Table Angola Wine Market by Packaging, 2019-2029
Chart Angola Wine Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Angola Wine Market by Packaging, 2019-2029
Table Angola Wine Market by Distribution Channel, 2019-2029
Chart Angola Wine Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Angola Wine Market by Distribution Channel, 2019-2029
Table Angola – Population (Millions) and Forecast
Table Angola – Consumer Price Index (CPI) and Forecast
Table Angola – Gross Domestic Product and Forecast
Table Angola Wine Market: Spend as a Proportion of GDP (%)
Table Angola Wine Market: Consumption per Capita (Population)