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India Wine Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:  

The India wine market is expected to exhibit a CAGR of XX% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Wine refers to an alcoholic beverage made with the fermented juice of grapes. It consists of additional condiments, such as potassium sorbate, water, aromatics, potassium metabisulfite, acids, alcohol, tannins, and sugar, to inhibit enzymatic browning. Wine is rich in antioxidants that are beneficial in treating a common cold, lowering bad cholesterol, regulating blood sugar levels, reducing the risk of cancer, and protecting against cell damage. It is widely consumed directly or used in cooking applications to intensify the flavor and aroma of finished dishes. Commonly available in still, fortified, sparkling, and vermouth variants, moderate consumption of wine further prevents circulatory and heart diseases, such as atherosclerosis, coronary heart disease, heart attack, failure, and stroke.

India Wine Market Trends:

The widespread product adoption in the food and beverage (F&B) industry across the country is creating a positive outlook for the market. Wine is widely used to impart delicate flavors and bring out the richness of products. Additionally, the increasing product demand among young consumers due to the emerging trend of socializing at restaurants and bars is favoring the market growth. Apart from this, the introduction of organic wines that restrict the use of chemicals in their harvest and preparation is propelling the market growth. The practice of such sustainable methods by growers offers various health and environmental benefits, such as higher concentration of antioxidants, better heart health, easier to process by the liver, and lower carbon footprint. In line with this, the increasing demand for gluten-free alcoholic beverages due to the rising health consciousness among the masses and the increasing incidences of celiac disease is propelling the market growth. Furthermore, the rising demand for premiumization of wine manufactured with high-quality ingredients and the launch of new flavored fortified wines are positively impacting the market growth. Other factors, including increasing expenditure capacities of consumers, improving lifestyles, and easy product availability across e-commerce platforms, are supporting the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India wine market report, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on product type, color and distribution channel.

Breakup by Product Type:

  • Still Wine
  • Sparkling Wine
  • Fortified Wine and Vermouth
     

Breakup by Color:

  • Red Wine
  • Rose Wine
  • White Wine
     

Breakup by Distribution Channel:

  • Off-Trade
    • Supermarkets and Hypermarkets
    • Specialty Stores
    • Online Stores
    • Others
  • On-Trade
     

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Product Type, Color, Distribution Channel, Region
Region Covered North India, West and Central India, South India, East India
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the India wine market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the India wine market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the color?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the India wine market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    India Wine Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product Type
    6.1    Still Wine
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Sparkling Wine
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Fortified Wine and Vermouth
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Color
    7.1    Red Wine
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Rose Wine
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    White Wine
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Distribution Channel
    8.1    Off-Trade
        8.1.1 Market Trends
        8.1.2 Key Segments
           8.1.2.1 Supermarkets and Hypermarkets
           8.1.2.2 Specialty Stores
           8.1.2.3 Online Stores
           8.1.2.4 Others
        8.1.3 Market Forecast
    8.2    On-Trade
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Region
    9.1    North India
        9.1.1 Market Trends
        9.1.2 Market Breakup by State
        9.1.3 Market Forecast
    9.2    West and Central India
        9.2.1 Market Trends
        9.2.2 Market Breakup by State
        9.2.3 Market Forecast
    9.3    South India
        9.3.1 Market Trends
        9.3.2 Market Breakup by State
        9.3.3 Market Forecast
    9.4    East India
        9.4.1 Market Trends
        9.4.2 Market Breakup by State
        9.4.3 Market Forecast 
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Policy and Regulatory Landscape
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players

List of Figures

Figure 1: India: Wine Market: Major Drivers and Challenges
Figure 2: India: Wine Market: Sales Value (in Million US$), 2016-2021 
Figure 3: India: Wine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: India: Wine Market: Breakup by Product Type (in %), 2021
Figure 5: India: Wine Market: Breakup by Color (in %), 2021
Figure 6: India: Wine Market: Breakup by Distribution Channel (in %), 2021
Figure 7: India: Wine Market: Breakup by Region (in %), 2021
Figure 8: India: Wine (Still Wine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: India: Wine (Still Wine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: India: Wine (Sparkling Wine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: India: Wine (Sparkling Wine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: India: Wine (Fortified Wine and Vermouth) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: India: Wine (Fortified Wine and Vermouth) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: India: Wine (Red Wine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: India: Wine (Red Wine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: India: Wine (Rose Wine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: India: Wine (Rose Wine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: India: Wine (White Wine)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: India: Wine (White Wine)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: India: Wine (Off-Trade) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: India: Wine (Off-Trade) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: India: Wine (On-Trade) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: India: Wine (On-Trade) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: North India: Wine Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: North India: Wine Market: Breakup by State (in %), 2021
Figure 26: North India: Wine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: West and Central India: Wine Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: West and Central India: Wine Market: Breakup by State (in %), 2021
Figure 29: West and Central India: Wine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: South India: Wine Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: South India: Wine Market: Breakup by State (in %), 2021
Figure 32: South India: Wine Market Forecast: Sales Value (in Million US$), 2022-2027 
Figure 33: East India: Wine Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: East India: Wine Market: Breakup by State (in %), 2021
Figure 35: East India: Wine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: India: Wine Industry: SWOT Analysis
Figure 37: India: Wine Industry: Value Chain Analysis
Figure 38: India: Wine Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: India: Wine Market: Key Industry Highlights, 2021 and 2027
Table 2: India: Wine Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: India: Wine Market Forecast: Breakup by Color (in Million US$), 2022-2027
Table 4: India: Wine Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 5: India: Wine Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: India: Wine Market: Competitive Structure
Table 7: India: Wine Market: Key Players 


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