The wine market in Asia Pacific is anticipated to increase by USD 26.4 billion till 2029 at an average annual growth of 4.9 percent as per the latest market estimates. Rapid economic development in countries like China, India, and Southeast Asian nations has resulted in increasing disposable incomes. The burgeoning middle class in these regions is more inclined to explore and purchase premium and imported wines.
As lifestyles in Asia Pacific become more westernized, wine is increasingly being embraced as a part of social and dining culture. Additionally, younger generations are more adventurous in their beverage choices, showing a preference for wine over traditional spirits.
The report offers a comprehensive evaluation of the Asia Pacific wine market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product, distribution channel, and country. This comprehensive evaluation aids in identifying the growth potential within the wine industry.
Market Segmentation
The wine market in Asia Pacific is classified into the following segments:
Product: fortified wine, non-grape wine, sparkling wine, still wine, others
Distribution channel: convenience stores, supermarkets and hypermarkets, specialty stores, small grocery stores, foodservice channels, e-commerce, others
Country: Australia, China, India, Indonesia, Japan, Philippines, South Korea, Thailand, Vietnam, others
The Asia Pacific wine market is segmented on the basis of product, distribution channel, and country. Based on product, the wine market in Asia Pacific is categorized into fortified wine, non-grape wine, sparkling wine, still wine, and others. On the basis of distribution channel, the wine market in Asia Pacific has been segmented into convenience stores, supermarkets and hypermarkets, specialty stores, small grocery stores, foodservice channels, e-commerce, and others. In terms of geographical distribution, the wine market in Asia Pacific has been divided into Australia, China, India, Indonesia, Japan, Philippines, South Korea, Thailand, Vietnam, and others.
Competitive Landscape
The Asia Pacific wine market is highly competitive. The competitive landscape of the industry has also been examined along with the profiles of the key players Asahi Group Holdings Ltd., Bel Mondo Italia Corporation, Bright Food (Group) Co. Ltd., China National Cereals Oils and Foodstuffs Import and Export Corporation (COFCO), China Shaoxing Yellow Rice Wine Group Co. Ltd., Gekkeikan Sake Co. Ltd., Hakutsuru Sake Brewing Co. Ltd., Jiangsu Zhangjiagang Brewing Co. Ltd., Jipyeong Brewing Co. Ltd., Kirin Holdings Co. Ltd., Kizakura Sake Brewing Co. Ltd., Kooksoondang Brewery Co. Ltd., Koyama Honke Shuzo Co.Ltd., Kuaijishan Shaoxing Rice Wine Co. Ltd., Lotte Corporation, Nihonsakari Co. Ltd., Ozeki Co. Ltd., Pernod Ricard Group, PT. Perindustrian Bapak Djenggot, Pusan Takju Association, Samant Soma Wines Limited, Santa Helena SA, Seoul Takju Manufacturers Association, ShangHai JinFeng Wine Co. Ltd., Suntory Holdings Limited, Takara Holdings Inc., Treasury Wine Estates Limited, Vina Concha Y Toro S.A., Yantai Changyu Group Company Limited, Zhejiang Pagoda Brand Shaoxing Rice Wine Co. Ltd.
The report presents a detailed analysis of the Asia Pacific wine market, focusing on the performance of major companies between 2019 and 2023. The data offers valuable insights into market share fluctuations, identifying established leaders and the ascent of new entrants. Such information provides companies with the tools needed to enhance their strategic positioning and remain competitive, even as market conditions evolve.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Asia Pacific wine market.
Gain deep insights into the dynamics of the Asia Pacific wine market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Asia Pacific wine market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewAsia Pacific wine market – product analysis
Asia Pacific wine market – distribution channel analysis
Asia Pacific wine market – country analysis
Key players and market share
– Asahi Group Holdings, Ltd.
– Bel Mondo Italia Corporation
– Bright Food (Group) Co., Ltd.
– China National Cereals, Oils and Foodstuffs Import and Export Corporation (COFCO)
– China Shaoxing Yellow Rice Wine Group Co., Ltd.
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Asia Pacific wine market 2019-2029
Chart Asia Pacific wine market, net growth, 2019-2029
Chart Asia Pacific wine market, growth rates, 2019-2029
Table Asia Pacific wine market by product, 2019-2029
Chart Asia Pacific wine market by product, CAGR historic and forecast, 2019-2029
Chart Asia Pacific wine market by product, 2019-2029
Table Asia Pacific wine market by distribution channel, 2019-2029
Chart Asia Pacific wine market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Asia Pacific wine market by distribution channel, 2019-2029
Table Asia Pacific wine market by country, 2019-2029
Chart Asia Pacific wine market by country, CAGR historic and forecast, 2019-2029
Chart Asia Pacific wine market by country, 2019-2029
Table Asia Pacific wine market share (%), by companies, 2019-2023
Chart Asia Pacific wine market, by companies, 2023
Table Asia Pacific wine market share (%), by brands, 2019-2023
Chart Asia Pacific wine market, by brands, 2023
Table Asia Pacific – population (millions) and forecast
Table Asia Pacific – consumer price index (CPI) and forecast
Table Asia Pacific – gross domestic product and forecast
Table Asia Pacific wine market: spend as a proportion of GDP (%)
Table Asia Pacific wine market: consumption per capita (population)