Key Findings
The Germany wine market is anticipated to grow with a CAGR of 2.59% in terms of revenue as well as 0.12% in terms of volume over the estimated years of 2023 to 2030. The country’s market growth is influenced by the increasing adoption of e-commerce for wine sales, the health benefits associated with wine consumption, and the high demand for still ros? wine and sparkling wine.

Market Insights
Germany holds the position of the fourth-largest wine producer within the European Union (EU), falling behind France, Italy, and Spain. According to statistics from the United States Department of Agriculture, the projected German wine production from the 2022 harvest for 2023 is estimated to reach around 9.4 million hectoliters. This projection indicates a growth of 9.8% when compared to the numbers from 2022. Alongside its significant domestic production, Germany also stands as the foremost global wine importer when considering volume. In terms of value, Germany secures the third position, following the United States and the United Kingdom.
Moreover, the sales volume of sparkling wine in off-trade scenarios exhibited resilience, with premium choices like cr?mant from France and Luxembourg, along with Italian prosecco, delivering strong performances in 2021. Despite facing competition from alternative sparkling wine options available at lower price points through discount chains, the trend of heightened home-based social activities during the pandemic bolstered the demand for sparkling wine. Hence, such factors are expected to boost the Germany wine market growth over the estimated period.

Competitive Insights
Eminent firms operating in the market include Grands Chais de France SA, Pernod Ricard SA, Rotk?ppchen-Mumm, etc.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation caters to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments