Belgium Wine Market 2024

Description

The outlook for the Belgium wine market indicates a modest growth of USD 0.2 billion, with an expected compound annual growth rate (CAGR) of approximately 0.9% over the next five years. Belgium’s wine market is growing, with increasing consumer interest in both local and imported wines. As Belgian consumers become more sophisticated in their drinking preferences, wine is increasingly seen as an ideal choice for social occasions. The growing trend towards premium and organic wines is also driving demand, with more consumers seeking out high-quality options. Additionally, Belgium’s expanding hospitality sector, with more wine bars and restaurants offering diverse wine lists, is helping to introduce wine to a wider audience, further contributing to market growth.

This report presents a detailed overview of the Belgium wine industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type, pricing, packaging and distribution channel. This detailed analysis supports the identification of growth opportunities within the wine industry.

Market Segmentation

The Belgium wine market is structured as follows:
Product type: fortified wine (port, sherry, vermouth), sparkling wine (champagne, others), still wine (still red wine, still rosé wine, still white wine), non-alcoholic wine
Pricing: mass, mid-priced, premium
Packaging: glass, metal, others
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, others

The Belgium market for wine is divided based on product type, pricing, packaging and distribution channel. By product type, the market is categorized into fortified wine (port, sherry, vermouth), sparkling wine (champagne, others), still wine (still red wine, still rosé wine, still white wine), and non-alcoholic wine. Pricing categories include mass, mid-priced, and premium. Packaging segments consist of glass, metal, and others. Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, discounters, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, and others.

Competitive Landscape

The market features leading players such as Vranken Pommery Monopole SA, Vina Concha Y Toro S.A., Univers Drink S.A., Treasury Wine Estates Limited, Symington Family Estates Vinhos SA, Sogrape Group, S.V.S. La Martiniquaise, S.A. Vina Santa Rita, Pernod Ricard Group, Neobulles S.A., LVMH Moet Hennessy Louis Vuitton SA (LVMH), Les Grands Chais De France, Laurent-Perrier S.A., KWV Holdings Ltd., Edenvale Pty. Ltd., E. & J. Gallo Winery, Dr. August Oetker, Davide Campari-Milano S.p.A., Castel Group, Carlyle Group Inc., Bacardi Limited and Accolade Wines Limited.

The report provides a detailed assessment of prominent companies within the wine market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Belgium wine market.
Gain in-depth analysis and forecasts for the key segments of the Belgium wine market: product type, pricing, 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 Belgium wine market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Belgium wine market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.

Table of Contents

TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Belgium Wine Market – Product Type Analysis
Belgium Wine Market – Pricing Analysis
Belgium Wine Market – Packaging Analysis
Belgium Wine Market – Distribution Channel Analysis
Key Players and Market Share
– Vranken Pommery Monopole SA
– Vina Concha Y Toro S.A.
– Univers Drink S.A.
– Treasury Wine Estates Limited
– Symington Family Estates Vinhos SA
– Sogrape Group
– S.V.S. La Martiniquaise
– S.A. Vina Santa Rita
– Pernod Ricard Group
…
Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Belgium Wine Market 2019-2029
Chart Belgium Wine Market, Net Growth, 2019-2029
Chart Belgium Wine Market, Growth Rates, 2019-2029
Table Belgium Wine Market by Product Type, 2019-2029
Chart Belgium Wine Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Belgium Wine Market by Product Type, 2019-2029
Table Belgium Wine Market by Pricing, 2019-2029
Chart Belgium Wine Market by Pricing, CAGR Historic and Forecast, 2019-2029
Chart Belgium Wine Market by Pricing, 2019-2029
Table Belgium Wine Market by Packaging, 2019-2029
Chart Belgium Wine Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Belgium Wine Market by Packaging, 2019-2029
Table Belgium Wine Market by Distribution Channel, 2019-2029
Chart Belgium Wine Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Belgium Wine Market by Distribution Channel, 2019-2029
Table Belgium Wine Market Share (%), by Companies, 2019-2023
Chart Belgium Wine Market, by Companies, 2023
Table Belgium Wine Market Share (%), by Brands, 2019-2023
Chart Belgium Wine Market, by Brands, 2023
Table Belgium – Population (Millions) and Forecast
Table Belgium – Consumer Price Index (CPI) and Forecast
Table Belgium – Gross Domestic Product and Forecast
Table Belgium Wine Market: Spend as a Proportion of GDP (%)
Table Belgium Wine Market: Consumption per Capita (Population)

Companies Mentioned

Vranken Pommery Monopole SA
Vina Concha Y Toro S.A.
Univers Drink S.A.
Treasury Wine Estates Limited
Symington Family Estates Vinhos SA
Sogrape Group
S.V.S. La Martiniquaise
S.A. Vina Santa Rita
Pernod Ricard Group
Neobulles S.A.
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
Les Grands Chais De France
Laurent-Perrier S.A.
KWV Holdings Ltd.
Edenvale Pty. Ltd.
E. & J. Gallo Winery
Dr. August Oetker
Davide Campari-Milano S.p.A.
Castel Group
Carlyle Group Inc.
Bacardi Limited
Accolade Wines Limited