PUBLISHER: Renub Research | PRODUCT CODE: 1594273
PUBLISHER: Renub Research | PRODUCT CODE: 1594273
Cabernet Sauvignon Market Size
Cabernet Sauvignon Market is expected to grow from 2024 at US$ 320.3 billion to reach US$ 627.06 billion by 2033 with a CAGR of 7.75% in the estimated period of 2025 to 2033. The factor driving this growth are increasing demand for premium wines, wider availability of distribution channels, and increased consumption of wine in social events and gatherings.
Global Cabernet Sauvignon Industry Overview
Cabernet Sauvignon is the most widespread red wine grape variety in the world by popularity, valued for its full-bodied flavor, deep colours, and bold personality. Born in the Bordeaux area of France, it is now cultivated almost everywhere around the world-from the United States Napa Valley to Australia, Chile, and all around. Cabernet Sauvignon: Full flavoured wines, deep blackcurrant and blackberry with hints of plum, sometimes tobacco, black pepper and with age oak. The grape has high tannin and acidity, and the wines are great candidates to store to develop the flavours.
Varietal Cabernet Sauvignon makes the best wine when enjoyed full-bodied and red, particularly paired with red meats, grilled vegetables, and rich sauces. Its strong profile makes it an excellent candidate for blending with other grape varieties in wines as complex as a Bordeaux blend. The flavors are robust and long aging makes it the choice of many collectors and enthusiasts.
Growth Drivers for the Cabernet Sauvignon Market
Rising Demand for Premium Wines
Increasing demand for high-quality premium wines is a key driver for the Cabernet Sauvignon market. With increasing incomes among consumers all over the globe, lux and authenticity in wine are sought more than ever before, and people tend to look for premium varieties like Cabernet Sauvignon. This grape variety, being rich with flavor and with an ability to age well, epitomizes class. The demand is further fueled by its increased willingness to spend on quality wines, especially by its aficionados who appreciate the Cabernet Sauvignon complex taste and its ability to mature over time. Its market presence further deepens with flagship RASA Cabernet Sauvignon 2022, which Sula Vineyards has bagged the most coveted Gold Medal for Global Cabernet Sauvignon Masters 2024.
Expansion of Global Distribution Channels
The increased availability of global distribution channels has a significantly heightened demand in the Cabernet Sauvignon market. E-commerce, specialty wine retailers, and international networks have increased consumer accessibility to premium wines from other regions. More importantly, online shopping for wine allows customers to find and shop for Cabernet Sauignons with greater ease from across the globe. This makes the wine available to more people, thereby increasing its consumption while expanding the market in different geographic regions. La Crema Winery has just announced that it will introduce a single Sonoma County Cabernet Sauvignon this September. It would be the first Sonoma County Cabernet Sauvignon from this premium cool-climate producer of Pinot Noir, Chardonnay, and Sauvignon Blanc. This increasing wine consumption, highly socially and in events, fueled the Cabernet Sauvignon market.
Growing Popularity of Wine at Social Events
Cabernet Sauvignon: This is that perfect drink for socialization. Its bold flavor is refined and sophisticated, becoming extremely popular because people demand more refined flavors for dinner parties, celebrations, and parties, and it goes well with most meats and cheeses, which can be served on numerous types of occasions. This more and more popular pour of wine at parties increases the market for Cabernet Sauvignon, thus further increasing the sales and the market. Oct 2024: France welcomes the globe to the 45th World Congress of Vine and Wine, Dijon, home to the new headquarters of the OIV.
USA Cabernet Sauvignon Market
The market of the USA Cabernet Sauvignon continues to keep the steady pace of growth, as rising demand for prestige wines and an elegant culture of wine consumption are very favorable factors. Cabernet Sauvignon remains still the leader in red wine in the USA, rich with full-bodied flavor, even at this time. Interest in wine tasting and wine tourism continues to grow with an emphasis on luxury wine experience support these trends. Such extension of distribution channels, including online retail and wine clubs, has only increased the accessibility of the consumer towards wide variety across Cabernet Sauvignons, thereby increasing its popularity in the United States. Kylie Minogue 0% Sparkling Rose Wine Alternative launched in February 2024-from the success of Kylie Minogue Prosecco Rose in the US, which emerged as the fastest-growing premium Sparkling Rose under $20.
Germany Cabernet Sauvignon Market
The German Cabernet Sauvignon market is growing since German wine consumers are increasingly accepting premium international wines. Its rich flavor and aging ability make Cabernet Sauvignon a highly sought-after variety for wine enthusiasts looking for full-bodied red wines that are bold. The growing culture of wine in Germany has also led to increased demand for quality wines in cities like Berlin and Munich. German wine is becoming increasingly accessible to a wider audience with the advent of online retailers and local wine shops offering Cabernet Sauvignon. However, tourism and wine-tasting interest also help boom the German market.
China Cabernet Sauvignon Market
Consumers prefer premium wines, and one of the most in-demand varieties of this class is Cabernet Sauvignon, which, it's true, is very critically acclaimed for the flavors it produces. The country has developed a wine culture especially in big cities like Beijing and Shanghai, which has created higher demands for quality wines. Better distribution channels in the form of online sales and wine clubs have, as expected, made shopping for Cabernet Sauvignon for consumers easier, and China enjoyed the advantage. The Great World, a Shanghai historic landmark, opened its doors to a grand German wine carnival in June 2024, where Wines of Germany launched their 2024 consumer campaign, "Summer of Riesling." Market in Saudi Arabia: Cabernet Sauvignon In Saudi Arabia, wine consumption is fast gaining popularity despite the still restrictive alcohol laws in the country.
Saudi Arabia Cabernet Sauvignon Market
The growing expat population and interest in quality drinks raise the demand for imported wines, such as Cabernet Sauvignon. When Saudi consumers are having a special event or an exquisite dining experience, the focus is on purchasing quality wine. The increase in luxury retail stores and e-commerce has further increased the availability of premium wines. Added to these are the growing awareness of the global wine culture and the development of the food and beverage scene in the region, which fuel the growth of the market.
Cabernet Sauvignon Company Analysis
The major participants in the Cabernet Sauvignon market include 19 Crimes GBL, Aberdeen Wine Company Pty Ltd., Amapola Creek Vineyards & Winery, Anakota Winery, Arietta Wine, Bota Box Vineyards, Decoy Co. Ltd., Disruption Wine Company, Josh Cellars Co. Ltd., Juggernaut Wine Company, etc.
Cabernet Sauvignon Company News
In April 2023, "Summer Release Chenin Blanc and Viognier," Bota Box's inaugural limited-edition wine, was introduced.
The newest addition to Juggernaut Wines' collection of intensely expressive wines, the Sonoma Coast Chardonnay, was announced in March 2023.
Grape Type- Industry is divided into 2 viewpoints:
Basis of Kind- Industry is divided into 2 viewpoints:
Flavors- Industry is divided into 7 viewpoints:
Distribution Channel- Industry is divided into 5 viewpoints:
Countries- Industry is divided into 25 viewpoints:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
All companies have been covered with 5 Viewpoints
Company Analysis