Wine Market in Hong Kong 2021
Wine is a fermented beverage produced from grapes and sometimes other fruits. Yeast consumes the sugar in the grapes and converts it to ethanol, carbon dioxide and heat. Wine ABV (alcohol by volume) can range from as low as 5.5% to as much as 23%. According to a report by StrategyHelix, the wine market in Hong Kong is set to increase by US$ 173 million during 2021-2027, growing at a CAGR of 2% during the forecast period. Rise in number of wineries, increase in wine production, growth in disposable personal income levels and a consumer trend in alcoholic beverages toward premium products, such as wine, and away from beer are the key factors driving market growth.
The report provides up-to-date market size data for period 2017-2020 and forecast to 2027 covering key market aspects like sales value for wine. The Hong Kong wine market is segmented on the basis of product, and distribution channel. On the basis of product, the wine market in Hong Kong has been segmented into fortified wine, fruit wine, sparkling wine, still wine. Among these, the still wine segment was accounted for the highest revenue generator in 2020. By distribution channel, the wine market in Hong Kong has been segmented into supermarkets & hypermarkets, food & drink specialists, online retail, others.
The Hong Kong wine market is highly competitive. The report also includes the profiles of leading companies such as Baron Philippe de Rothschild S.A., Delegat Group Limited, Domaines Barons de Rothschild (Lafite), E & J Gallo Winery Inc, LVMH Moet Hennessy Louis Vuitton SA, Pernod Ricard Groupe, Treasury Wine Estates Limited.
The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the wine market to help drive informed decision making for industry executives, policy makers, academic, and analysts.
Report Scope
Product: fortified wine, fruit wine, sparkling wine, still wine
Distribution channel: supermarkets & hypermarkets, food & drink specialists, online retail, others
Years considered: this report covers the period 2017 to 2027
Key Benefits for Stakeholders
Get a comprehensive picture of the Hong Kong wine market
Identify regional strategies and strategic priorities on the basis of local data
Pinpoint growth sectors and trends for investment
The report provides up-to-date market size data for period 2017-2020 and forecast to 2027 covering key market aspects like sales value for wine. The Hong Kong wine market is segmented on the basis of product, and distribution channel. On the basis of product, the wine market in Hong Kong has been segmented into fortified wine, fruit wine, sparkling wine, still wine. Among these, the still wine segment was accounted for the highest revenue generator in 2020. By distribution channel, the wine market in Hong Kong has been segmented into supermarkets & hypermarkets, food & drink specialists, online retail, others.
The Hong Kong wine market is highly competitive. The report also includes the profiles of leading companies such as Baron Philippe de Rothschild S.A., Delegat Group Limited, Domaines Barons de Rothschild (Lafite), E & J Gallo Winery Inc, LVMH Moet Hennessy Louis Vuitton SA, Pernod Ricard Groupe, Treasury Wine Estates Limited.
The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the wine market to help drive informed decision making for industry executives, policy makers, academic, and analysts.
Report Scope
Product: fortified wine, fruit wine, sparkling wine, still wine
Distribution channel: supermarkets & hypermarkets, food & drink specialists, online retail, others
Years considered: this report covers the period 2017 to 2027
Key Benefits for Stakeholders
Get a comprehensive picture of the Hong Kong wine market
Identify regional strategies and strategic priorities on the basis of local data
Pinpoint growth sectors and trends for investment
PART 1. INTRODUCTION
Scope of the study
Study period
Geographical scope
Research methodology
PART 2. WINE MARKET OVERVIEW
PART 3. MARKET BREAKDOWN BY PRODUCT
Fortified wine
Fruit wine
Sparkling wine
Still wine
PART 4. MARKET BREAKDOWN BY DISTRIBUTION CHANNEL
Supermarkets & hypermarkets
Food & drink specialists
Online retail
Others
PART 5. KEY COMPANIES
Baron Philippe de Rothschild S.A.
Delegat Group Limited
Domaines Barons de Rothschild (Lafite)
E & J Gallo Winery Inc
LVMH Moet Hennessy Louis Vuitton SA
Pernod Ricard Groupe
Treasury Wine Estates Limited
About StrategyHelix
Disclaimer
Scope of the study
Study period
Geographical scope
Research methodology
PART 2. WINE MARKET OVERVIEW
PART 3. MARKET BREAKDOWN BY PRODUCT
Fortified wine
Fruit wine
Sparkling wine
Still wine
PART 4. MARKET BREAKDOWN BY DISTRIBUTION CHANNEL
Supermarkets & hypermarkets
Food & drink specialists
Online retail
Others
PART 5. KEY COMPANIES
Baron Philippe de Rothschild S.A.
Delegat Group Limited
Domaines Barons de Rothschild (Lafite)
E & J Gallo Winery Inc
LVMH Moet Hennessy Louis Vuitton SA
Pernod Ricard Groupe
Treasury Wine Estates Limited
About StrategyHelix
Disclaimer
