Consumer and Market Insights: Wine in Venezuela

Consumer and Market Insights: Wine in Venezuela

  • August 2016 •
  • 46 pages •
  • Report ID: 4144638 •
  • Format: PDF
Summary
The Venezuelan Wine market is led by the Still Wine category in both value and volume terms. The Fortified Wine category is forecast to witness the fastest growth in volume terms, while the Still wine category is expected to record the fastest value growth during 2015-2020. Davide Campari-Milano S.p.A., LVMH Moët Hennessy - Louis Vuitton S.A. and Viña San Pedro Tarapacá S.A. are the leading market players in Venezuela.

Key Findings
- The Wine market in Venezuela is forecast to grow at a CAGR of 2.1% during 2015-2020.

- The Fortified Wine category is forecast to register the fastest volume growth.

- The Still Wine category is expected to register the fastest value growth during 2015-2020.

- The Red Wine segment is expected to gain maximum share growth within the Still Wine category.

- The Wine market in Venezuela account for nearly one-fifth of the overall Wine and Spirits retail sales in the country.

Synopsis
Canadean's Consumer and Market Insights report on the Wine market in Venezuela provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.

What else is contained?

- Market data: Overall market value and volume data with growth analysis for 2010-2020

- Category coverage: Value and growth analysis for Fortified Wine, Sparkling Wine and Still Wine with inputs on individual segment share within each category and the change in their market share forecast for 2015-2020

- Leading players: Market share of brands from 2012-2015

- Distribution data: Percentage of sales within each category through distribution channels such as Hypermarkets and Supermarkets, Convenience Stores, Food and Drinks Specialists and others in 2015

- Packaging data: consumption breakdown for packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging material data for Glass and Paper and Board; container data for: Bottle, Carton and Bag-In-Box

Reasons To Buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis

- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities

- Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
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