South Africa Wine Market 2024

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Insights reveal that the South Africa wine market is set for a healthy expansion, with an anticipated growth of USD 2.7 billion, corresponding to a compound annual growth rate (CAGR) of nearly 9.3% from 2024 to 2029. South Africa’s wine market is expanding, driven by the country’s long history of wine production and increasing global demand for its wines. South African wines, particularly those from regions like Stellenbosch, are gaining recognition for their quality and value, attracting both local consumers and international buyers. The growing popularity of wine tourism, with tourists visiting vineyards and wineries, is also contributing to market growth. Additionally, South Africa’s emerging middle class and increasing disposable incomes are fueling demand for both local and imported wines, with more consumers opting for premium varieties.

This report provides a thorough assessment of the South Africa wine industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product type, pricing and packaging. Through this detailed assessment, the report helps uncover the growth potential of the wine industry.


Market Segmentation


The South Africa wine market is categorized into the following segments:
Product type: fortified wine (vermouth, others), sparkling wine (champagne, others), still wine (still red wine, still rosé wine, still white wine), non-alcoholic wine
Pricing: mass, mid-priced, premium
Packaging: glass, metal, others

The South Africa market for wine is divided based on product type, pricing and packaging. By product type, the market includes fortified wine (vermouth, others), sparkling wine (champagne, others), still wine (still red wine, still rosé wine, still white wine), and non-alcoholic wine. Pricing categories include mass, mid-priced, and premium. Packaging segments encompass glass, metal, and others.


Competitive Landscape


Prominent players in the wine market include Wine People Pty Ltd., Van Loveren Wines, Robertson Winery, Raisin Social Ltd., Orange River Cellars Ltd., LVMH Moet Hennessy Louis Vuitton SA (LVMH), House of J.C. le Roux Ltd., Heineken N.V., DGB (Pty) Ltd., Craighall, Boland Wine Co (Pty) Ltd. and Boland Cellar.

This comprehensive report analyzes the performance of leading companies in the wine sector from 2019 to 2023. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.


Why Buy This Report?


Obtain precise statistical data and forecasts for the South Africa wine market.
Gain in-depth analysis and forecasts for the key segments of the South Africa wine market: product type, pricing and packaging.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the South Africa wine market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the South Africa wine market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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
South Africa Wine Market – Product Type Analysis
South Africa Wine Market – Pricing Analysis
South Africa Wine Market – Packaging Analysis
Key Players and Market Share
– Wine People Pty Ltd.
– Van Loveren Wines
– Robertson Winery
– Raisin Social Ltd.
– Orange River Cellars Ltd.
– LVMH Moet Hennessy Louis Vuitton SA (LVMH)
– House of J.C. le Roux Ltd.
– Heineken N.V.
– DGB (Pty) Ltd.

Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table South Africa Wine Market 2019-2029
Chart South Africa Wine Market, Net Growth, 2019-2029
Chart South Africa Wine Market, Growth Rates, 2019-2029
Table South Africa Wine Market by Product Type, 2019-2029
Chart South Africa Wine Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart South Africa Wine Market by Product Type, 2019-2029
Table South Africa Wine Market by Pricing, 2019-2029
Chart South Africa Wine Market by Pricing, CAGR Historic and Forecast, 2019-2029
Chart South Africa Wine Market by Pricing, 2019-2029
Table South Africa Wine Market by Packaging, 2019-2029
Chart South Africa Wine Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart South Africa Wine Market by Packaging, 2019-2029
Table South Africa Wine Market Share (%), by Companies, 2019-2023
Chart South Africa Wine Market, by Companies, 2023
Table South Africa Wine Market Share (%), by Brands, 2019-2023
Chart South Africa Wine Market, by Brands, 2023
Table South Africa – Population (Millions) and Forecast
Table South Africa – Consumer Price Index (CPI) and Forecast
Table South Africa – Gross Domestic Product and Forecast
Table South Africa Wine Market: Spend as a Proportion of GDP (%)
Table South Africa Wine Market: Consumption per Capita (Population)


Companies Mentioned


Wine People Pty Ltd.
Van Loveren Wines
Robertson Winery
Raisin Social Ltd.
Orange River Cellars Ltd.
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
House of J.C. le Roux Ltd.
Heineken N.V.
DGB (Pty) Ltd.
Craighall
Boland Wine Co (Pty) Ltd.
Boland Cellar


Product Type

Industry Statistics

Region

Middle East and Africa

Published Date

2024

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