The report titled "India Wine Market Overview, 2018-2023" provides deep analysis of the Indian Wine market with size in terms of both value and volume of Wine market and also provides market share of different segments. The report formed by segregating data from various sources and various time frame. It consists of various historic data and based on current situation of market and key factors provides forecast based on best suitable method. Which could defiantly be helpful in identifying the market segments which are driving growth. The report consists profiles of leading companies.
The young Indian Wine market which was not so well developed in past observed high growth in past five years. The market saw growth of all categories of wine. The Indian Wine market observed growth with a CAGR of around 25% from 2011-12 to 2016-17. With highest sales of red wine, the Indian wine market offers wine in different segments such as Red wine, White wine, Sparkling wine, Rose wine and other wine containing fruit and other ingredients. The market share of red wine segment is currently more than 50%. For future the share is expected to go down with increasing awareness, variants and new brands in the segments of White, Rose, Sparkling and other wines. Wines in India are promoted as a health beneficial drink by many of the doctors. With growing Wine festivals and educational tours of wine yards resulting into more awareness between the consumers, the growth line Indian wine market is expected to continue going up and up achieving new heights in near future.
Objective of the study:
- To present an Indian Overview on Indian Wine industry.
- To analyse and forecast the India Wine market size, in terms of value.
- To analyse and forecast the India Wine market size, in terms of volume.
- To define, classify and forecast Wine market on the basis of segments like rose wine, white wine, red wine, sparkling wine and other wines
- To strategically profile leading players, which are operating in the Wine industry of India
Approach for the Report:
- The researcher performed primary as well as secondary research for this study. Initially, a list of manufacturers and suppliers operating in the Wine market of India were sourced through secondary sources. With the identified companies and consumers, primary research was carried out which included conducting online surveys, competitor analysis and exhaustive personal interviews - both face to face as well as telephonic basis, to extract maximum information from participants like industry executives/ distributors or consumers. Primary research gave us an idea of company revenues, export, pricing, geographical presence, channel partner model, USP etc. and also helped us to identify various small players who otherwise have less presence on the web.
- The researcher seeks secondary data from third-party sources such as published articles, company websites, magazine articles, associations, trade journals, annual reports, government official websites and other paid database sources. In addition, data is also mined from a host of reports in our repository, as well as a number of paid databases of Indian government. Using both primary and secondary information, Bonafide Research calculated the market size through a bottom-up approach, where manufacturers’ value sales data for different types of Wine were recorded and subsequently forecasted for the future years.
Scope of the Report:
“India Wine Market overview,2018- 2023” discusses the following aspects of Wine market in India:
- Indian Alcoholic Beverages Market Outlook by Value & Forecast
- Indian Alcoholic Beverages Market Outlook by Volume & Forecast
- Indian Wine Market Outlook by Value, Volume & Forecast
- Indian WhiteWine market by value, by volume and forecast
- Indian RedWine market by value, by volumeand forecast
- Indian RoseWine market by value, by volume and forecast
- Indian SparklingWine market by value, by volume and forecast
- Indian other wine market by value, by volume and forecast
1. Executive Summary
2. India Alcoholic Beverages Market Outlook
2.1. Market Size
2.1.1. By Value
2.1.2. By Volume
2.2. Market Share
2.2.1. By Region (Alcohol Consumption)
2.2.2. By Demographics
2.2.3. By Distribution Channels
3. India Wine Market Outlook
3.1. Market Size
3.1.1. By Value
3.1.2. By Volume
3.2. Market Share
3.2.1. By Type
3.2.2. By Company
3.3. Pricing Analysis
3.4. Red Wine Market Outlook
3.4.1. Market Size
18.104.22.168. By Value
3.4.2. By Volume
3.5. White Wine Market Outlook
3.5.1. Market Size
22.214.171.124. By Value
3.5.2. By Volume
3.6. Sparkling Wine Market Outlook
3.6.1. Market Size
126.96.36.199. By Value
3.6.2. By Volume
3.7. Rose Wine Market Outlook
3.7.1. Market size
188.8.131.52. By Value
184.108.40.206. By Volume
3.8. Others Wine Market Outlook
3.8.1. Market Size
220.127.116.11. By Value
18.104.22.168. By Volume
4. Product Price Variant Analysis
5. Company Profile
5.1. Grover Zampa Vineyards Limited
5.2. Sula Vineyards Limited
5.3. Fratelli Wines Private Limited
5.4. York Wines Private Limited
5.5. John Distilleries Private Limited
Is wine a boon or a bane for the consumer’s health?
A large number of theories suggest that moderate consumption of wine provides you with some amount of health benefits, specially the red wine consumption is said to help people live longer, provides protection against certain cancers, improves mental health, and enhances heart health.
According to the report, the Indian wine market has achieved excellent growth in past five years with a CAGR of around 25% and rising imports from foreign countries such as France, Australia, Italy, etc. This high market growth was result of joint efforts from vineyards and government to promote the consumption of wine and increase awareness in Indian consumers. The major reasons for such high growth of Indian wine market are the rising disposable income of Indian consumers, changing demography structure, increasingexposure to western culture, Growth in the foreign tourists, increasing women consumption, etc. While the past few years saw growth of imports of foreign wines as still some of the consumers does not consider Indian wines up to the mark in terms of quality. The wines in Indian wine market are generally segmented as Red wines, White wines, Sparkling wines, Rose wines and other wines.
The Nashik, Sangli and Pune districts in Maharashtra region is the largest wine producing region of India. With large wine yards such as Sula Vineyards, York Winery, Soma Vineyards, Grover Zampa, etc present in this region. The other major regions are Bangalore Region in Karnataka with presence of Grover Vineyards, Himachal Region (Himachal Pradesh) with presence of large grape producing regions, etc.
In ancient times, wine was considered as a royal drink and many times it was used to treat various health conditions. A large number of studies have stated various benefits of consuming Red wine in which some are proved and many are not. Some studies suggest that drinking small quantities of wine (up to one standard drink per day for women and one to two drinks per day for men) can resultindecreasing risk of heart disease, stroke, diabetes mellitus, metabolic syndrome and early death. While, other studies found no such effect. Also drinking more than the standard drink amount will increase the risk of heart disease, high blood pressure, atrial fibrillation, stroke and cancer. Still a large number of doctors are found to be suggestion moderate consumption of wines for better health.