India Wine Market Assessment, By Wine Type [Red Wine, White Wine, Rose Wine, Sparkling Wine, Fortified Wine, Others], By Packaging [Canned Wine, Bottled Wine], By Retail Channel [Off-Premises-E-Commerce, Multi-Brand Liquor Stores, Small Liquor Stores, Brand Vineyards, Duty-Free Stores, Canteen Stores Department; On-Premises-Restaurants (Fine Dine, Casual, Buy Your Own Liquor), Café/Bars/Pubs, Distilleries], By Production [Locally Produced, Imported Wine], By Region, Opportunities, and Forecast, FY2016-FY2030F

The wine market in India was valued at US$196.27 million in FY2022 and its value market size will increase above US$708.75 million in FY2030.

Home>Industry Reports>India Wine Market Assessment, Opportunities and Forecast, 2016-2030

The India wine market will witness a strong double digit CAGR of 17.41% during the forecast period between FY2023 and FY2030 led by growth drivers such as increasing disposable income, rapidly changing lifestyles among urban consumers particularly women, exposure to western cultures and growing number of foreign business and leisure tourists in India have contributed to the rising consumption of wine in India.

The wine market in India was valued at US$196.27 million in FY2022 and its value market size will increase above US$708.75 million in FY2030. Multiple factors will contribute to this growth including the country’s large Gen Z and Millennials population base of over 600 million that falls above the legal drinking age and major shift towards drinking culture especially in the urban areas. Drinking alcohol including wine is now increasingly considered as status symbol and the earlier social & cultural taboo around consumption of alcoholic beverages is disappearing. Among the total consumption of wine in terms of volume in India, imported wine accounted for more than 25 percent while the rest was produced locally.

Process for Wine Production

Wine is an alcoholic beverage that has an alcohol concentration between 5 and 13%. The earliest fermented food known to humankind is wine. The primary fruit used in the creation of many types of wine is grapes. Other fruits, such as the apple renowned for cider; the pear known for perry, and the plum known for table and white wines; are also used to produce wine. 

Increase in Online Trade

The growth of Indian wine market is also being driven by the rise in the usage of online platforms for alcohol including wine purchases. Purchasing wine online adds to the convenience of the consumers. Thus, the manufacturers and retailers are now concentrating on creating new online wine trade platforms. Technology advancement and distribution of wine through e-commerce networks will lead to further grow of wine market in the forecast period.

Health Benefit of Wine

Wine by-products are well-flavoured and visually appealing, which makes it easier to use them in the creation of new food products that are packed with health advantages. Wine and allied products possess antioxidant, antibacterial, anticancer and anti-inflammatory properties due to high polyphenol content.

Government Scheme

For the production and sale of wines in India, the state governments are in-charge of establishing laws for governing the imports of alcoholic beverages, including wine in their respective regions. The state's wine industry is considered as a small-scale industry for the purposes of trade and investment barriers established for small-scale businesses in India.

Impact of COVID-19 on India Wine Market

The wine and allied alcoholic beverages market had witnessed a significant decline during mid-2020 and mid-2021 because of the strict social distancing norms and lockdown imposed by the Indian government to curb the spread of COVID-19 pandemic. The widespread shutdown of numerous wine retail sites including the HoReCa sector and restrictions on public transport adversely impacted the distribution of wine throughout the country. However, the biggest change witnessed during the pandemic was the consumer’s purchasing behaviour as they moved to online trade channels for buying wine. The industry is on a rapid recovery path in 2022 and early 2023 post relaxation of COVID-19 social distancing norms and opening of domestic and international tourism related sectors.

Impact of Russia-Ukraine War on India Wine Market

Indian wine farmers were affected in various ways because of the conflict in Ukraine and Russia. Due to the war between the two large European nations, grape exports were completely ceased by both of them. The drop in supply of grapes had affected the production of wine globally as well as in India. 

India Wine Market Assessment, Opportunities and Forecast, FY2016-FY2030: Report Scope

"India Wine Market Assessment, Opportunities and Forecast, FY2016-FY2030F,” is a comprehensive report by Market Xcel, providing in-depth analysis and assessment of wine market in India, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, COVID-19 impact, opportunities and forecast between FY2023 and FY2030. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.

Report Attribute

Details

Base Year of the Analysis

FY2022

Historical Period

FY2016-FY2022

Forecast Period

FY2023-FY2030

Market Size in FY2022

USD 196.27 Million

Growth Rate

CAGR of 17.41% between FY2023 and FY2030

Revenue forecast in FY2030

USD 708.75 Million

Units

Revenue in Million USD

Segments Covered

·         By Wine Type

·         By Packaging Type

·         By Retail Channel (Off-Premises and On-Premises)

·         By Production

Regions Covered

·         East

·         West

·         Central

·         South

·         North

Key Companies Profiled

Sula Vineyards Ltd, Fratelli Wines Pvt Ltd, Grover Zampa Vineyards Ltd, Pernod Ricard India Private Ltd., Chateau Indage Vintners Private Limited, York Winery Limited, Soma Vine Village Private Limited, SDU Winery Pvt Ltd., Four Seasons Wines Ltd, KRSMA Estates Pvt. Ltd.

Customization Scope

15% free report customization with purchase.

Pricing and Purchase Options

Avail the customized purchase options to fulfil your precise research needs.

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/PDF format on special request).

Download Free Sample Report

 

In this report, India Wine Market has been segmented into following categories:

1.        India Wine Market, By Wine Type

1.1.    Red Wine

1.2.    White Wine

1.3.    Rose Wine

1.4.    Sparkling Wine

1.5.    Fortified Wine

1.6.    Others

2.        India Wine Market, By Packaging

2.1.    Canned Wine

2.2.    Bottled Wine

3.       India Wine Market, By Retail Channel

3.1.    Off-Premises

3.1.1.E-Commerce

3.1.2.Multi-Brand Liquor Stores

3.1.3.Small Liquor Stores

3.1.4.Brand Vineyards

3.1.5.Duty-Free Stores

3.1.6.Canteen Stores Department

3.2.    On-Premises

3.2.1.Restaurants (Fine Dine, Casual, Buy Your Own Liquor)

3.2.2.Café/Bars/Pubs

3.2.3.Distilleries

4.        India Wine Market, By Production

4.1.    Locally Produced

4.2.    Imported Wine

5.        India Wine Market, By Region

5.1.    East

5.2.    West and Central

5.3.    South

5.4.    North

Key Players Landscape and Outlook  

India wine market report presents a comprehensive competitive landscape analysis and evaluates the competitive position of various players based on a variety of performance metrics. The report includes financials of the public/listed companies over the previous few years, their growth plans, product development, launch of new products, market share, investments, etc. For instance, Sula Vineyards Limited, the largest wine producer in the country holding market share above 50 percent expressed confidence to generate INR 10 billion in revenues by FY2024 while maintaining its profitability margin.

Key Players operating in India Wine Market

·         Sula Vineyards Ltd

·         Fratelli Wines Pvt Ltd

·         Grover Zampa Vineyards Ltd

·         Pernod Ricard India Private Ltd.

·         Chateau Indage Vintners Private Limited

·         York Winery Limited

·         Soma Vine Village Private Limited

·         SDU Winery Pvt Ltd.

·         Four Seasons Wines Ltd

·         KRSMA Estates Pvt.

If you can't find what you're searching for or have any custom requirements for India Wine Market, you may approach our team at info@marketsandata.com.

Table of Content

1.       Product Overview

2.       Impact of COVID-19 on India Wine Market

3.       Impact of Russia-Ukraine War on India Wine Market

4.       Executive Summary

5.       Voice of Customer

5.1.    Demographics

5.2.    Brand Awareness and Loyalty

5.3.    Brand Satisfaction

5.3.1.Quantity

5.3.2.Price

5.3.3.Quantity w.r.t Price

5.3.4.Packaging

5.4.    Factors Considered While Making Purchase

5.5.    Medium of Purchase

5.6.    Frequency of Purchase

5.7.    Understanding of Retail Channels by Consumers

5.8.    Responsible Consumption

6.       India Wine Market Outlook, FY2016-2030F

6.1.    Market Size & Forecast

6.1.1.By Value

6.1.2.By Volume

6.2.    Market Share & Forecast

6.2.1.By Wine Type

6.2.1.1.              Red Wine

6.2.1.2.              White Wine

6.2.1.3.              Rose Wine

6.2.1.4.              Sparkling Wine

6.2.1.5.              Fortified Wine

6.2.1.6.              Others

6.2.2.By Packaging

6.2.2.1.              Canned Wine

6.2.2.2.              Bottled Wine

6.2.3.By Retail Channel

6.2.3.1.              Off-Premises

6.2.3.1.1.                    E-Commerce

6.2.3.1.2.                    Multi-Brand Liquor Stores

6.2.3.1.3.                    Small Liquor Stores

6.2.3.1.4.                    Brand Vineyards

6.2.3.1.5.                    Duty-Free Stores

6.2.3.1.6.                    Canteen Stores Department

6.2.3.2.              On-Premises

6.2.3.2.1.                    Restaurants (Fine Dine, Casual, Buy Your Own Liquor)

6.2.3.2.2.                    Café/Bars/Pubs

6.2.3.2.3.                    Distilleries

6.2.4.By Production

6.2.4.1.              Locally Produced

6.2.4.2.              Imported Wine

6.2.5.By Region

6.2.5.1.              East

6.2.5.2.              West and Central

6.2.5.3.              South

6.2.5.4.              North

7.       Marketing Mix of India Wine Market

7.1.    By Wine Type

7.2.    By Packaging

7.3.    By Retail Channel

7.4.    By Production

7.5.    By Region

8.       Macro-Business Environmental Scope

8.1.    PESTEL Analysis

8.1.1.Political Factors

8.1.2. Economic Factors

8.1.3.Social Factors

8.1.4.Environmental Factors

8.1.5.Legal Factors & Regulatory Policies

8.1.5.1.              Government Laws including Licensing Terms for Distribution

8.1.5.2.              Importing Regulations

8.1.5.3.              Taxation Policies

8.2.    Ease of Doing Business

8.3.    Pricing Analysis

8.4.    Margin Analysis 

8.5.    Value Chain Analysis

8.6.    Supply Demand Analysis

8.7.    Import Export Analysis

9.       Market Dynamics

9.1.    Growth Drivers

9.2.    Growth Inhibitors

10.   Infrastructure and Facilities Requirements

11.   Market Trends & Developments

12.   Best Practice Case Studies (Upto Three)

13.   Competitive Landscape

13.1.                     Core Competence and Key Value Proposition of Top Five Market Leaders

13.2.                     Overall Revenue, Pricing and Profitability Analysis of Top Five Wine Companies

13.3.                     Market Share Analysis of Top Five Players

13.4.                     Emerging Players and Substitutes (If Any)

13.5.                     Mergers & Acquisitions/ Joint Ventures (If Applicable)

13.6.                     SWOT Analysis (For Five Market Players)

14.   Leading Players – Competitive Landscape 

14.1.                     Sula Vineyards Ltd

14.1.1.    Company Details

14.1.2.    Key Management Personnel

14.1.3.    Products & Services

14.1.4.    Financials (As reported)

14.1.5.    Key Market Focus & Geographical Presence

14.1.6.    Recent Developments

14.2.                     Fratelli Wines Pvt Ltd

14.3.                     Grover Zampa Vineyards Ltd

14.4.                     Pernod Ricard India Private Ltd.

14.5.                     Chateau Indage Vintners Private Limited

14.6.                     York Winery Limited

14.7.                     Soma Vine Village Private Limited

14.8.                     SDU Winery Pvt Ltd.

14.9.                     Four Seasons Wines Ltd

14.10.                  KRSMA Estates Pvt. Ltd.

*Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work

15.   Strategic Recommendations

16.   About Us & Disclaimer

List of Figures

Figure 1. India Wine Market, By Value, In USD Million, FY2016 - 2030F

Figure 2. India Wine Market, By Volume, In Thousand Units, FY2016 - 2030F

Figure 3. India Wine Market Share, By Wine Type, In USD Million, FY2016 - 2030F

Figure 4. India Wine Market Share, By Wine Type, In Thousand Units, FY2016 - 2030F

Figure 5. India Wine Market Share, By Packaging, In USD Million, FY2016 - 2030F

Figure 6. India Wine Market Share, By Packaging, In Thousand Units, FY2016 - 2030F

Figure 7. India Wine Market Share, By Retail Channel, In USD Million, FY2016 - 2030F

Figure 8. India Wine Market Share, By Retail Channel, In Thousand Units, FY2016 - 2030F

Figure 9. India Wine Market Share, By Production, In USD Million, FY2016 - 2030F

Figure 10. India Wine Market Share, By Production, In Thousand Units, FY2016 - 2030F

Figure 11. India Wine Market Share, By Region, In USD Million, FY2016 - 2030F

Figure 12. India Wine Market Share, By Region, In Thousand Units, FY2016 - 2030F

Figure 13. Wine Type Map-Market Size (USD Million) & Growth Rate (%), FY2022

Figure 14. Packaging Map-Market Size (USD Million) & Growth Rate (%), FY2022

Figure 15. Retail Channel Map-Market Size (USD Million) & Growth Rate (%), FY2022

Figure 16. Production Map-Market Size (USD Million) & Growth Rate (%), FY2022

Figure 17. Region Map-Market Size (USD Million) & Growth Rate (%), FY2022

List of Table_India Wine Market

Table 1. Pricing Analysis of Products from Key Players

Table 2. Competition Matrix of Top 5 Market Leaders

Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)

Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

Frequently Asked Questions

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