Uruguay Wine Market 2024

Description

The Uruguay wine market is poised for moderate growth, projected to increase from USD 996.6 million in 2023 to USD 1,608.0 million by 2029, achieving a CAGR of 8.3% during the forecast period. Uruguay’s wine market is flourishing, fueled by its unique wine culture and a growing interest in local wines, particularly Tannat. As Uruguay’s middle class expands and consumers become more affluent, the demand for premium wines is increasing. Wine tourism plays a significant role in this growth, with visitors flocking to Uruguay’s wine regions for tours and tastings. Additionally, the rise of wine-related events, such as festivals and wine fairs, is helping to promote local wines and educate consumers. The increased availability of both local and international wines through retail outlets is also stimulating demand.

This report presents a detailed overview of the Uruguay 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, packaging and distribution channel. This detailed analysis supports the identification of growth opportunities within the wine industry.

Market Segmentation

The Uruguay wine market is structured as follows:
Product type: fortified wine, sparkling wine (champagne, others), still wine (still red wine, still rosé wine, still white wine)
Packaging: glass, metal, others
Distribution channel: supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, others

In Uruguay, the wine market is segmented by product type, packaging and distribution channel. The categorization of the market by product type includes fortified wine, sparkling wine (champagne, others), and still wine (still red wine, still rosé wine, still white wine). Packaging segments consist of glass, metal, and others. Distribution channel segmentation includes supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, and others.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Uruguay wine market.
Gain in-depth analysis and forecasts for the key segments of the Uruguay 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 Uruguay wine market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Uruguay wine market with informed projections.
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Table of Contents

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

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