Hungary Wine Market 2024

Description

Anticipated to grow steadily, the Hungary wine market is expected to rise from USD 1,626.6 million in 2023 to USD 2,595.6 million by 2029, with a CAGR of 8.1% throughout the forecast period. Hungary’s wine market is experiencing strong growth, driven by both domestic production and an increasing demand for premium wines. The country’s reputation for high-quality wines, particularly from regions like Tokaj, is fostering greater domestic and international interest. The growing sophistication of Hungarian wine consumers, combined with an expanding wine tourism industry, is contributing to the market’s development. Additionally, the rising popularity of organic and biodynamic wines aligns with global consumer trends, boosting demand for Hungarian wines that meet these preferences.

The report offers a comprehensive evaluation of the Hungary wine market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product type, pricing, packaging and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the wine industry.

Market Segmentation

The Hungary wine market is classified into the following segments:
Product type: fortified wine, non-grape wine, 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, forecourt, supermarkets and hypermarkets, discounters, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, others

The wine market in Hungary is segmented based on product type, pricing, packaging and distribution channel. By product type, the market features fortified wine, non-grape wine, sparkling wine (champagne, others), still wine (still red wine, still rosé wine, still white wine), and non-alcoholic wine. Pricing segmentation includes mass, mid-priced, and premium. Packaging segments comprise glass, metal, and others. Distribution channel segmentation includes convenience stores, forecourt, supermarkets and hypermarkets, discounters, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, and others.

Competitive Landscape

The report provides profiles of notable companies, including Weinhaus Kft., Varga Pinceszet Kft., Sauska Tarsa Kft., RODIA s.p.a., Ostoros-Novaj Bor Zrt., Les Grands Chais De France, KUNVIN Boraszati Kft., Koch-Vin Kft., Kiss es Tarsai Kft., Juhaszvin Kft., Hilltop Neszmely Zrt., Grape-Vine Kft. , Grand Tokaj Zrt., Egri Korona Borhaz Kft., Dr. August Oetker, Davide Campari-Milano S.p.A., Bonafarm Group, Bock Pince Kft and Bacardi Limited.

This analysis offers a comprehensive overview of the main players in the wine market, evaluating their performance trends from 2019 to 2023. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Hungary wine market.
Gain in-depth analysis and forecasts for the key segments of the Hungary 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 Hungary wine market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Hungary 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
Hungary Wine Market – Product Type Analysis
Hungary Wine Market – Pricing Analysis
Hungary Wine Market – Packaging Analysis
Hungary Wine Market – Distribution Channel Analysis
Key Players and Market Share
– Weinhaus Kft.
– Varga Pinceszet Kft.
– Sauska Tarsa Kft.
– RODIA s.p.a.
– Ostoros-Novaj Bor Zrt.
– Les Grands Chais De France
– KUNVIN Boraszati Kft.
– Koch-Vin Kft.
– Kiss es Tarsai Kft.
…
Macroeconomic Data and Forecast
Disclaimer

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

Companies Mentioned

Weinhaus Kft.
Varga Pinceszet Kft.
Sauska Tarsa Kft.
RODIA s.p.a.
Ostoros-Novaj Bor Zrt.
Les Grands Chais De France
KUNVIN Boraszati Kft.
Koch-Vin Kft.
Kiss es Tarsai Kft.
Juhaszvin Kft.
Hilltop Neszmely Zrt.
Grape-Vine Kft. 
Grand Tokaj Zrt.
Egri Korona Borhaz Kft.
Dr. August Oetker
Davide Campari-Milano S.p.A.
Bonafarm Group
Bock Pince Kft
Bacardi Limited