Canned Wine Market by Type (Red, White, and Rose), Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Online Retail, and Others): Global Market Size Estimates and Forecast (2022-2030)

Code: BMIRE00026647 | Pages: 100 | Industry: Food and Beverages | Date: Oct 2022 | Type: Global

The market crossed US$ 272.0 million mark in 2022 and is expected to hit US$ 676.0 million by 2030, recording a CAGR of 12.0% during the forecast period.

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Increasing demand for a variety of packed beverage products drives market growth 

Increasing demand for various portable, convenient and ready-to-drink canned beverage products is expected to drive the market growth. In addition, increasing consumers’ demand for canned wines of different flavors and formulations is expected to fuel the product demand globally. A busy working lifestyle and an increasing global population’s inclination toward instant beverage products are likely to accelerate market growth. Travellers increasingly buy portable canned food & beverage products to fulfil their dietary consumption needs in airport and airline settings. Hence, the rising number of international travellers and their spending on duty-free products is expected to favor the market growth during the forecast period.        

Within the report, the global canned wine market is segmented based on type, distribution channel, and geography. The global market is further segmented by type into red, white, and rose. Based on the distribution channel, the market is segregated into supermarkets & hypermarkets, specialty stores, online retail, and others. Geographically, the global market is sub-segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.

Rising demand for recyclable canned products to augment market growth

Increasing manufacturers’ focus on offering canned wines of recyclable materials is expected to offer new growth opportunities. In addition, growing consumer awareness regarding using biodegradable and recyclable packaging based on food and beverage products to contribute toward environmental sustainability is likely to create new growth avenues. Drinking red wines has various health benefits, such as maintaining cholesterol levels, regulating blood sugar, and improving brain health. Increasing awareness regarding the health benefits of consuming red wine is likely to drive the red wine segmental growth.  

Significant wine consumption in North America

The North America region is expected to hold a major market share due to the significant wine consumption among the population in US and Canada. As per the data presented by the Wine Institute Organisation, in 2021, total wine consumption in the US reached 879 million gallons, up from 860 million gallons in 2020. Increasing manufacturers’ focus on producing aluminium-based canned wines due to the easy recyclability of such cans is expected to support the market growth.  

Recent strategic developments in the canned wine market

The canned wine market has undergone several significant developments, and a few of these have been mentioned below:

  • In August 2022, Constellation Brands acquired Archer Roose, a premium canned wine brand, to expand its business in manufacturing canned wine products.
  • In September 2019, A-B InBev acquired Riot Wine Co., an Australian wine company, to expand its business in the canned wine market.

The canned wine market is driven by several players implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. E & J Gallo Winery, Union Wine Company, Integrated Beverage Group LLC., Sans Wine Co., and Sula Vineyards Pvt. Ltd. are the prominent players operating in the market.

The target audience for the report:

  • Canned wine products manufacturers
  • Canned wine products suppliers
  • Canned wine products distributors and exporters
  • Beverage manufacturers
  • Beverage industry-related associations, organizations, forums, and alliances
  • Government bodies, such as policymakers and regulating authorities
  • Venture capitalists, private equity firms, and start-up companies
  • Research institutes, organizations, and consulting companies

Scope of the report:

In this report, the global market has been segmented based on:

  • Type:
    • Red
    • White
    • Rose
  • Distribution Channel:
    • Supermarkets & Hypermarkets
    • Specialty Stores
    • Online Retail
    • Others    
  • Region
    • North America
    • Europe
    • Asia Pacific (APAC)
    • South & Central America
    • Middle East & Africa
  • Companies profiled
  • E & J Gallo Winery
  • Union Wine Company
  • Integrated Beverage Group LLC.
  • Sans Wine Co.
  • Sula Vineyards Pvt. Ltd.

The List of Companies
- E & J Gallo Winery
- Union Wine Company
- Integrated Beverage Group LLC.
- Sans Wine Co.
- Sula Vineyards Pvt. Ltd.

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