Anticipated to experience rapid growth, the Serbia wine market is set to rise from USD 1,603.0 million in 2023 to USD 3,014.5 million by 2029, achieving a CAGR of 11.1% throughout the 2024-2029 timeframe. Serbia’s wine market is growing steadily, driven by a strong domestic winemaking tradition and increasing consumer interest in premium wines. As Serbian consumers become more affluent, their wine preferences are shifting towards higher-quality offerings, both local and international. The growing popularity of wine tourism is also enhancing market dynamics, with more international tourists visiting wine regions like Vojvodina and Sumadija, driving demand for both local and international wines. Additionally, an increase in wine-related events and wine clubs is raising awareness and fostering a more sophisticated wine culture in the country.
The report provides a comprehensive analysis of the Serbia wine industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type, packaging and distribution channel. The insights gained from this evaluation help reveal the growth potential within the wine sector.
Market Segmentation
The segmentation of the Serbia wine market is outlined below:
Product type: fortified wine (port, vermouth), non-grape wine, sparkling wine, still wine (still red wine, still rosé wine, still white wine)
Packaging: glass, metal, others
Distribution channel: convenience stores, forecourt, supermarkets and hypermarkets, discounters, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, others
The wine market in Serbia is segmented across product type, packaging and distribution channel. By product type, the market features fortified wine (port, vermouth), non-grape wine, sparkling wine, and still wine (still red wine, still rosé wine, still white wine). Packaging segments cover glass, metal, and others. Distribution channel segmentation includes convenience stores, forecourt, supermarkets and hypermarkets, discounters, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, and others.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Serbia wine market.
Gain in-depth analysis and forecasts for the key segments of the Serbia wine market: product type, packaging and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Serbia wine market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Serbia wine market with informed projections.
A single unlimited user license within the same organization, with no additional charges for extra users.
Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Serbia Wine Market – Product Type Analysis
Serbia Wine Market – Packaging Analysis
Serbia Wine Market – Distribution Channel Analysis
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Serbia Wine Market 2019-2029
Chart Serbia Wine Market, Net Growth, 2019-2029
Chart Serbia Wine Market, Growth Rates, 2019-2029
Table Serbia Wine Market by Product Type, 2019-2029
Chart Serbia Wine Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Serbia Wine Market by Product Type, 2019-2029
Table Serbia Wine Market by Packaging, 2019-2029
Chart Serbia Wine Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Serbia Wine Market by Packaging, 2019-2029
Table Serbia Wine Market by Distribution Channel, 2019-2029
Chart Serbia Wine Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Serbia Wine Market by Distribution Channel, 2019-2029
Table Serbia – Population (Millions) and Forecast
Table Serbia – Consumer Price Index (CPI) and Forecast
Table Serbia – Gross Domestic Product and Forecast
Table Serbia Wine Market: Spend as a Proportion of GDP (%)
Table Serbia Wine Market: Consumption per Capita (Population)