Opportunities in the Americas Wine Sector, 2018: Analysis of Opportunities Offered by Countries - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 22, 2019--The “Opportunities in the Americas Wine Sector: Analysis of Opportunities Offered by Countries in the Region” report has been added to ResearchAndMarkets.com’s offering.
Opportunities in the Americas Wine Sector brings together multiple data sources to provide a comprehensive overview of the region’s wine sector. It includes market overview, high growth country analysis, top brands, key distribution channels, packaging formats and case studies.
The Americas had a value share of 20.6% in the global wine sector in 2017, representing the second largest regional market. The region is expected to register a value CAGR of 5.8% over the forecast period (2017-2022). Growth in the region will be driven by the rising consumption of wine among the young adult population, combined with an increasing interest towards premium categories.
At a country level, the US held a 61% value share in the sector with US$40,272.8 million in 2017, which is projected to reach US$49,947.1 million by 2022, registering a CAGR of 4.4% during 2017-2022. The US was also the largest market in the region in terms of volume, with 3,4511 million kg In 2017.
The region’s wine sector is estimated to grow from US$660,11.6 million in 2017 to US$87,391 million by 2022, at a CAGR of 5.8% during 2017-2022. In terms of volume, the Americas market was estimated at 6,088.4 million liters in 2017 and is forecast to record the third-fastest CAGR of all regions with 2.1% during 2017-2022. The overall wine sector in the Americas is fragmented, with the top five brands - Franzia, Barefoot, Toro, Carlo Rossi, and Woodbridge - accounting for 18.7% of overall volume sales in the sector in 2017.
Hypermarkets & supermarkets was the leading distribution channel in the Americas wine sector with a volume share of 42.3% in 2017, followed by food & drinks specialists, which accounted for 26.8%. Among the high-potential countries, the share of hypermarkets & supermarkets was the highest in the US at 51.6%, followed by Canada (34.4%). Glass was the most commonly used package material in the Americas wine sector, accounting for an 83.1% share in 2017, while stopper was the most commonly used closure type, accounting for a share of 65.9%.
This report brings together multiple data sources to provide a comprehensive overview of the Wine sector in the region. It includes analysis on the following:
1. Executive summary
2. Market size and growth analysis (regional analysis)
3. Identifying high-potential countries in the Americas
4. Market size and growth analysis (high-potential countries in the Americas)
5. Country profiles (high-potential countries in the Americas)
6. Success stories
7. Company and brand analysis
8. Key distribution channels
9. Key packaging formats
10. Challenges and future outlook
For more information about this report visit https://www.researchandmarkets.com/research/xr2m4f/opportunities_in?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190222005415/en/
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KEYWORD: NORTH AMERICA SOUTH AMERICA
INDUSTRY KEYWORD: RETAIL WINE & SPIRITS
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 02/22/2019 12:34 PM/DISC: 02/22/2019 12:34 PM