North America Wine Market 2024

Description

The North America wine market is poised for steady growth, with an expected increase of USD 26.2 billion, reflecting a compound annual growth rate (CAGR) of approximately 5.2% from 2024 to 2029. The wine market in North America is buoyed by the growing demand for premium and organic wines, especially among younger consumers who are increasingly seeking wines that are sustainable, organic, and authentically produced. The U.S. continues to be one of the largest wine consumers globally, with states like California leading the charge in both production and consumption. Wine-tasting tourism, especially in California’s Napa Valley and Oregon’s Willamette Valley, is also contributing to the region’s market growth. Canada’s wine market is similarly expanding, supported by a growing interest in locally-produced wines, particularly in regions like British Columbia and Ontario. A key factor driving growth in both the U.S. and Canadian markets is the rise of wine education, through online platforms, wine clubs, and events, which is helping to foster a more sophisticated wine culture among consumers.

The report delivers an in-depth analysis of the North America wine industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type, packaging, distribution channel and country. By offering this detailed analysis, the report assists in uncovering the untapped potential of the wine market.

Market Segmentation

The following outlines the segmentation of the North America wine market:
Product type: fortified wine (port, sherry, 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, forecourt, supermarkets and hypermarkets, discounters, warehouse clubs, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, others
Country: USA, Canada

The wine market in the North America is segmented by product type, packaging, distribution channel and country. In terms of product type, the market is segmented into fortified wine (port, sherry, 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 are categorized into glass, metal, and others. Distribution channel segmentation includes convenience stores, forecourt, supermarkets and hypermarkets, discounters, warehouse clubs, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, and others. Geographically, the market encompasses USA and Canada.

Competitive Landscape

The North America wine market remains highly competitive, with major players including W.J. Deutsch & Sons Ltd., Vina Concha Y Toro S.A., Trinchero Family Estates, Treasury Wine Estates Limited, The Wine Group, The Manischewitz Company, Takara Holdings Inc., Pernod Ricard Group, Pelee Island Vineyard Inc., Palm Bay International Inc., Masi Agricola S.p.A., LVMH Moet Hennessy Louis Vuitton SA (LVMH), La Agricola S.A., Kendall-Jackson Wine Estates, F. Korbel & Bros. Inc, E. & J. Gallo Winery, Dr. August Oetker, Delicato Vineyards Manteca, Constellation Brands Inc., Casella Wines Pty. Ltd., Cantine Riunite & CIV S.C.Agr., Cantina Viticoltori Consorzio Cantine Sociali del Trentino (CAVIT) scarl, Brown-Forman Corporation, Bronco Wine Company, Bosca S.p.A., Bacardi Limited, Arterra Wines Canada Inc., Andrew Peller Limited, Altria Group Inc. and Accolade Wines Limited.

This report delivers an in-depth examination of leading companies in the wine sector, analyzing their performance from 2019 to 2023. The results indicate changes in market share, emphasizing both established leaders and new entrants.

Why Buy This Report?

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

TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
North America Wine Market – Product Type Analysis
North America Wine Market – Packaging Analysis
North America Wine Market – Distribution Channel Analysis
North America Wine Market – Country Analysis
Key Players and Market Share
– W.J. Deutsch & Sons, Ltd.
– Vina Concha Y Toro S.A.
– Trinchero Family Estates
– Treasury Wine Estates Limited
– The Wine Group
– The Manischewitz Company
– Takara Holdings Inc.
– Pernod Ricard Group
– Pelee Island Vineyard Inc.
…
Macroeconomic Data and Forecast
Disclaimer

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

Companies Mentioned

W.J. Deutsch & Sons, Ltd.
Vina Concha Y Toro S.A.
Trinchero Family Estates
Treasury Wine Estates Limited
The Wine Group
The Manischewitz Company
Takara Holdings Inc.
Pernod Ricard Group
Pelee Island Vineyard Inc.
Palm Bay International Inc.
Masi Agricola S.p.A.
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
La Agricola S.A.
Kendall-Jackson Wine Estates
F. Korbel & Bros. Inc
E. & J. Gallo Winery
Dr. August Oetker
Delicato Vineyards Manteca
Constellation Brands, Inc.
Casella Wines Pty. Ltd.
Cantine Riunite & CIV S.C.Agr.
Cantina Viticoltori, Consorzio Cantine Sociali del Trentino (CAVIT) scarl
Brown-Forman Corporation
Bronco Wine Company
Bosca S.p.A.
Bacardi Limited
Arterra Wines Canada, Inc.
Andrew Peller Limited
Altria Group, Inc.
Accolade Wines Limited