Share on Social Media:
The Top 5 Wine Consuming Countries 2008 (per capita)
| Country | Wine Consumption (litres/capita) |
|
|---|---|---|
| 1 | Luxembourg | 55.91 (litres per capita) |
| 2 | France | 53.17 (litres per capita) |
| 3 | Italy | 46.31 (litres per capita) |
| 4 | Portugal | 44.78 (litres per capita) |
| 5 | Slovenia | 44.74 (litres per capita) |
Special Report
- According to a recent Research and Markets report, in the last twenty years, the worldwide wine industry has become increasingly internationalized and sophisticated, though over the years, the market has become fragmented, international, multilingual, operating in many currencies, and information-intensive. The wine industry globally faces continued shake-up and consolidation and the generation of mega wine companies has become inevitable as no one wine company - listed or private - currently has more than one percent of the world wine market, in stark contrast to other beverages. According to the report's findings, the world's wine markets are going though a fascinating period of structural adjustment. (a.)
- Globally, the two countries that are leading the wine production and consumption businesses are France and Italy. However, the irony is that these two countries are also witnessing a steady erosion of their global market share. These markets are also predicted to continue losing their market share of global consumption from 50% in 1975 to just 25% by 2010. On the other hand, the UK market accounted for 8.9% of the share of world wine consumption in 2003, while the US has a share of 19.4%, followed by France with 11%. (a.)
- Growth of wine imports, between the years 2002-2007 has been the most significant in China (+272%); Russia (+75%); Italy (+39%); Czech Republic (+40%); United States (+34%); Canada (+24%); France (+15%); United Kingdom (+14%) and Germany (+9%). During 2002-2007 wine imports decreases were reported in several significant wine markets including Japan (-11%); Denmark (-8%); Portugal (-30%) and South Africa (- 73%). (b.)
- The U.S. wine market is one of the fastest growing markets of the world, both in terms of production and consumption. It has expanded rapidly over the past few years on the back of increased consumption, government support, on-line wine purchasing and a growing young population. The U.S. wine market will continue growing at a rapid pace in coming years also and will also become the largest wine consumer in the world, surpassing France, says a new report "US Wine Market Forecast to 2012"by Research And Markets group. (c.)
- In terms of value, the U.S. wine market is expected to hit a value of around US$ 33.5 Billion with 871 Million Gallons of wine sales by 2013. The market (in volume terms) will grow at a CAGR of over 3% during 2010-2013. The economic recession had little impact on the US wine industry as consumers started enjoying low-priced bottles and wines by glasses. Restaurants' wine sales value declined by 10% as consumers dined out less to save funds. (c.)
- Research And Markets. (2010) "Market Analysis - Competition in Global Wine Market" (summary). Retrieved December, 2010.
- California Wine Export Program. (2007). "Analysis of Global Wine Imports and Wine Imports in Selected Countries". Retrieved December, 2010.
- Research And Markets. (2010). "US Wine Market Forecast to 2012" Retrieved December, 2010.
Tags:
Business, Finance & Industry, Crops, Food & Drink
Sources: Organisation Internationale de la Vigne et du Vin (O.I.V.).
List Notes: Data is per capita wine consumption in litres for the year 2008.
Sources: Organisation Internationale de la Vigne et du Vin (O.I.V.).
List Notes: Data is per capita wine consumption in litres for the year 2008.
