Turkey Wine Market 2024

Description

Forecasts highlight a favorable growth outlook for the Turkey wine market, with a projected increase of USD 1.1 billion and a compound annual growth rate (CAGR) close to 8.8% through 2029. Turkey’s wine market is developing, supported by both local production and growing consumer interest in premium wines. Turkish wines, particularly those made from indigenous grape varieties, are gaining recognition for their quality and uniqueness, attracting both local and international consumers. The increasing urbanization of the country and rising affluence, especially in cities like Istanbul, are contributing to higher demand for premium wines. Additionally, the expansion of wine-related events and festivals is raising awareness about Turkey’s emerging wine culture and stimulating both domestic consumption and exports.

The report offers a comprehensive evaluation of the Turkey 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 Turkey 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)
Pricing: mass, mid-priced, premium
Packaging: glass, metal, others
Distribution channel: supermarkets and hypermarkets, food and drinks stores, bars and HoReCa, others

The wine market in the Turkey is segmented by product type, pricing, packaging and distribution channel. By product type, the market is categorized into fortified wine, non-grape wine, sparkling wine (champagne, others), and still wine (still red wine, still rosé wine, still white wine). Pricing segments are divided into mass, mid-priced, and premium. Packaging segments comprise glass, metal, and others. Distribution channel segmentation includes supermarkets and hypermarkets, food and drinks stores, bars and HoReCa, and others.

Competitive Landscape

Key players in the wine market consist of Sevilen Sarap Sanayi A.S., Selim Erdogan Alkollu Alkolsuz Icecekler San. Ve Tic. A.S., Pamukkale Sarapcilik AS, LVMH Moet Hennessy Louis Vuitton SA (LVMH), Kutman Saraplari AS, Kup Sarapcilik Ltd., Kavaklidere Saraplari A. S., Doluca Bagcilik Ve Sarapcilik A.S., Diren Sarapcilik, Diageo plc, Aykut Ozkan Sarapcilik Ltd. Sti., Akdeniz Insaat ve Malzeme Kati Sivi Gida Alkollu-Alkolsuz Icekeler San ve Tic Ltd. and Akberg Sirince Sarapcilik Hayvancilik Tarim Urunleri Gida Turizm A.S.

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 Turkey wine market.
Gain in-depth analysis and forecasts for the key segments of the Turkey 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 Turkey wine market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Turkey 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
Turkey Wine Market – Product Type Analysis
Turkey Wine Market – Pricing Analysis
Turkey Wine Market – Packaging Analysis
Turkey Wine Market – Distribution Channel Analysis
Key Players and Market Share
– Sevilen Sarap Sanayi A.S.
– Selim Erdogan Alkollu Alkolsuz Icecekler San. Ve Tic. A.S.
– Pamukkale Sarapcilik AS
– LVMH Moet Hennessy Louis Vuitton SA (LVMH)
– Kutman Saraplari AS
– Kup Sarapcilik Ltd.
– Kavaklidere Saraplari A. S.
– Doluca Bagcilik Ve Sarapcilik A.S.
– Diren Sarapcilik
…
Macroeconomic Data and Forecast
Disclaimer

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

Companies Mentioned

Sevilen Sarap Sanayi A.S.
Selim Erdogan Alkollu Alkolsuz Icecekler San. Ve Tic. A.S.
Pamukkale Sarapcilik AS
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
Kutman Saraplari AS
Kup Sarapcilik Ltd.
Kavaklidere Saraplari A. S.
Doluca Bagcilik Ve Sarapcilik A.S.
Diren Sarapcilik
Diageo plc
Aykut Ozkan Sarapcilik Ltd. Sti.
Akdeniz Insaat ve Malzeme Kati Sivi Gida Alkollu-Alkolsuz Icekeler San ve Tic Ltd.
Akberg Sirince Sarapcilik Hayvancilik Tarim Urunleri Gida Turizm A.S.