Lithuania Wine Market 2024

Description

The Lithuania wine market is expected to experience robust growth, with a projected increase of USD 100.3 million and a compound annual growth rate (CAGR) of approximately 5.2% throughout the forecast period. In Lithuania, wine consumption is on the rise, fueled by the growing interest in European wines and a shift towards healthier alcoholic beverage options. As consumers become more discerning, wine is increasingly seen as a more sophisticated and low-calorie option compared to other alcoholic drinks. The increasing popularity of wine tourism in the country is also contributing to the growth of the market, with more people exploring local wine regions and developing a taste for both domestic and imported wines. Wine culture is becoming more embedded in social gatherings, further driving demand.

The report provides a comprehensive analysis of the Lithuania wine industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type, packaging and distribution channel. The insights gained from this evaluation help reveal the growth potential within the wine sector.

Market Segmentation

The segmentation of the Lithuania wine market is outlined below:
Product type: fortified wine (port, vermouth, others), non-grape wine, sparkling wine (champagne, others), still wine (still red wine, still rosé wine, still white wine), non-alcoholic wine
Packaging: glass, metal, others
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, food and drinks stores, grocery stores, bars and HoReCa, others

In Lithuania, the wine market is segmented by product type, packaging and distribution channel. By product type, the market is categorized into fortified wine (port, vermouth, others), non-grape wine, sparkling wine (champagne, others), still wine (still red wine, still rosé wine, still white wine), and non-alcoholic wine. Packaging segments cover 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 Lithuania wine market.
Gain in-depth analysis and forecasts for the key segments of the Lithuania 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 Lithuania wine market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Lithuania wine market with informed projections.
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Table of Contents

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

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