DUBLIN--(BUSINESS WIRE)--The "Assessment of India's Wine Market 2019" report has been added to ResearchAndMarkets.com's offering.
The global wine production reached a new height in 2018, at 292.3 MHL from 246.7 MHL in 2017. Wine production stabilized in 2018 post-Spain, Italy and France experiencing normal harvests. Italy was the leading wine producer followed by France and Spain. These countries together contribute over 50% of the world wine market by volume and are also the largest wine exporters, primarily to the United States.
While traditionally whisky and rum are the largest consumed alcoholic beverages in India, the growing availability of locally produced wine over the past 10 years, has boosted consumer interest in the beverage.
Although the Indian wine industry is facing several challenges such as high marketing costs, lack of skilled labour, and high duty on alcoholic beverages, our analysts feel that there is huge growth potential. It is projected that in the period 2016-2024, the India alcoholic beverages market will grow at a CAGR of 7.4%. The market has remained strong even after the demonetization and liquor bans in several Indian states. It is projected that the wine market in India will grow at a rate of 40% to reach 65.3 million litres by 2021.
Key Topics Covered
1. Analyst Opinion
2. Global Wine Market
2.2 Market Performance & Statistics
2.3 Market Drivers
2.4 Market Challenges
2.5 Market Outlook
2.6 Industry Speak
3. India Wine Market
3.2 Market Performance & Statistics
3.3 Market Drivers
3.4 Market Challenges
3.5 Market Outlook
3.6 Industry Speak
4. Competitive Landscape
4.1 Sula Vineyards
4.2 Grover Zampa
4.4 Mot Hennessy
5. List of Charts and Graphs
5.1 Global Leading Grape Producing Countries (2018, million tonnes)
5.2 Global Leading Wine Producing Countries (2018, million tonnes)
5.3 Global Leading Wine Consuming Countries (2018, MHL)
5.4 Global Leading Wine Exporting Countries by Volume (2018, million hectoliters)
5.5 Global Leading Wine Importing Countries by Volume (2018, million hectoliters)
5.6 India Wine Market Consumption (2014, 2015 & 2018 P, million liter)
5.7 India Volume of Wine Imports (2013-2018, million liters)
5.8 Volume of Wine Imports to India, by Country of Origin (2018, in 1,000 Liters)
5.9 Wine Exports from India (2018, liters)
5.10 Wine Export to India from Major Suppliers (2018, USD)
6. Research Methodology
For more information about this report visit https://www.researchandmarkets.com/r/46ulqd.
Laura Wood, Senior Press Manager
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