PUBLISHER: Value Market Research | PRODUCT CODE: 1402128
PUBLISHER: Value Market Research | PRODUCT CODE: 1402128
The global demand for Canned Wine Market is presumed to reach the market size of nearly USD 789.33 MN by 2030 from USD 271.52 MN in 2022 with a CAGR of 14.27% under the study period 2023 - 2030.
Canned wine refers to wine packaged and sold in aluminum cans instead of traditional glass bottles. It's a relatively newer trend in the wine industry that offers a convenient and portable alternative to bottled wine. These cans typically come in smaller sizes, ranging from 250 milliliters (8.4 ounces) to 375 milliliters (12.7 ounces), making them suitable for single servings.
Convenience and portability are key growth drivers of canned wine, as it offers single-serving, easy-to-carry options suitable for outdoor activities and events where glass bottles might be less practical. This format caters to changing consumer lifestyles, appealing to those seeking a more casual and approachable way to enjoy wine. Moreover, it aligns with the preferences of younger demographics, offering a less intimidating entry point into the world of wine exploration. The versatility of canned wine, available in various types and styles, caters to diverse consumer tastes and occasions. Environmental concerns also contribute, as aluminum cans are more recyclable and lightweight than glass bottles, appealing to environmentally conscious consumers. Additionally, innovative marketing strategies and improved quality of wines in cans enhance their appeal and dispel previous perceptions about the quality of canned wine.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of canned wine. The growth and trends of canned wine industry provide a holistic approach to this study.
This section of the canned wine market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Canned Wine market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Canned Wine market include E & J Gallo Winery, Union Wine Company, Integrated Beverage Group LLC, Sans Wine Co., Sula Vineyards Pvt. Ltd., The Family Coppola, The Canned Wine Company. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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