The port wine market share is expected to increase to USD 157.04 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 3.13%.
Furthermore, this report extensively covers port wine market segmentations by the following:
- Distribution channel - On trade and off trade
- Geography - Europe, North America, APAC, South America, and Middle East and Africa
The port wine market report offers information on several market vendors, including Calabria Family Wines, Davy and Co. Ltd., DOWS Port, Fonseca Port Wine, Mazurans Vineyards Ltd., Precept Wine, Quinta do Crasto SA, Ramos Pinto, SOGEVINUS FINE WINES SA, Sogrape SGPS SA, Sula Vineyards, Symington Family Estates Vinhos S.A., Taylors Port, THE FLADGATE PARTNERSHIP, The Great Wine Co., Van Zellers and Co., Vinbros and Co., Vinimark Trading Pty Ltd., and Vinoquel Vinhos Oscar Quevedo Lda among others.
This port wine market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches.
What will the Port Wine Market Size be During the Forecast Period?
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Port Wine Market: Key Drivers, Trends, and Challenges
The health benefits of port wine is notably driving the port wine market growth, although factors such as campaigns against alcohol consumption may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the port wine industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Port Wine Market Driver
- The health benefits of port wine is one of the key drivers fueling the port wine market growth.
- Port wines contain a variety of supplements, the majority of which are carbohydrates, which account for more than 99% of the nutrients.
- Moderate port wine consumption has various health benefits, including the prevention of chronic diseases, autoimmune diseases, and the maintenance of mental health.
- Significantly, consuming port wine provides healthier skin and reduces cholesterol levels. These health benefits will drive the port wine market growth during the forecast period.
Key Port Wine Market Trend
- Expansion of the e-commerce sector is one of the key port wine market trends supporting the market growth.
- The increase in the use of online sales channels is expected to create new opportunities for vendors where they can target customers without geographical boundaries, improve operational efficiencies, and provide customized products to consumers.
- The evolving landscape of the retail industry across the world is enabling vendors to develop online strategies to target new market segments and retain old customers.
- The online sales platform eliminates middlemen such as distributors and enables vendors to offer products at competitive prices while maintaining their profit margins.
Thus, the growing adoption of online sales channels will increase the profit margins of port wine vendors, which, in turn, will drive the growth of the global port wine market during the forecast period.
Key Port Wine Market Challenge
- Campaigns against alcohol consumption is one of the factors hindering the port wine market growth.
- The growing incidence of alcohol abuse and alcohol-related accidents, especially among the younger population, has led to many regulatory and social organizations launching campaigns against alcohol consumption and players preventing this.
- For instance, in October 2021, Gaon Connection collaborated with the World Health Organization (WHO) to initiate campaigns against alcohol abuse in Goa.
- The long-term consumption of alcohol can cause mental issues, heart problems, and liver failure. Such associated health issues will hinder the port wine market growth during the forecast period.
This port wine market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Who are the Major Port Wine Market Vendors?
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- Calabria Family Wines
- Davy and Co. Ltd.
- DOWS Port
- Fonseca Port Wine
- Mazurans Vineyards Ltd.
- Precept Wine
- Quinta do Crasto SA
- Ramos Pinto
- SOGEVINUS FINE WINES SA
- Sogrape SGPS SA
- Sula Vineyards
- Symington Family Estates Vinhos S.A.
- Taylors Port
- THE FLADGATE PARTNERSHIP
- The Great Wine Co.
- Van Zellers and Co.
- Vinbros and Co.
- Vinimark Trading Pty Ltd.
- Vinoquel Vinhos Oscar Quevedo Lda
This statistical study of the port wine market encompasses successful business strategies deployed by the key vendors. The port wine market is fragmented and the vendors are deploying growth strategies such as quality, price, service, brand image, distribution, and marketing to compete in the market.
Product Insights and News
- Calabriawines.com.au - The company offers port wine products such as Francesco Show Reserve Grand Tawny.
- Davywine.co.uk - The company offers port wine products such as finest reserve port, Graham's white port, and vingate port.
- Preceptwine.com - The company offers port wine products such as Twany port.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The port wine market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Port Wine Market?
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Distribution Channel
- 5.1 Market segments
- Exhibit 24: Chart on Distribution Channel - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Distribution Channel - Market share 2021-2026 (%)
- 5.2 Comparison by Distribution Channel
- Exhibit 26: Chart on Comparison by Distribution Channel
- Exhibit 27: Data Table on Comparison by Distribution Channel
- 5.3 On trade - Market size and forecast 2021-2026
- Exhibit 28: Chart on On trade - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on On trade - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on On trade - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on On trade - Year-over-year growth 2021-2026 (%)
- 5.4 Off trade - Market size and forecast 2021-2026
- Exhibit 32: Chart on Off trade - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Off trade - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Off trade - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Off trade - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Distribution Channel
- Exhibit 36: Market opportunity by Distribution Channel ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 Europe - Market size and forecast 2021-2026
- Exhibit 42: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.4 North America - Market size and forecast 2021-2026
- Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 Australia - Market size and forecast 2021-2026
- Exhibit 66: Chart on Australia - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on Australia - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on Australia - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Australia - Year-over-year growth 2021-2026 (%)
- 7.10 Germany - Market size and forecast 2021-2026
- Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.11 Canada - Market size and forecast 2021-2026
- Exhibit 74: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 7.12 UK - Market size and forecast 2021-2026
- Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 Calabria Family Wines
- Exhibit 89: Calabria Family Wines - Overview
- Exhibit 90: Calabria Family Wines - Product / Service
- Exhibit 91: Calabria Family Wines - Key offerings
- 10.4 Davy and Co. Ltd.
- Exhibit 92: Davy and Co. Ltd. - Overview
- Exhibit 93: Davy and Co. Ltd. - Product / Service
- Exhibit 94: Davy and Co. Ltd. - Key offerings
- 10.5 Precept Wine
- Exhibit 95: Precept Wine - Overview
- Exhibit 96: Precept Wine - Product / Service
- Exhibit 97: Precept Wine - Key offerings
- 10.6 Quinta do Crasto SA
- Exhibit 98: Quinta do Crasto SA - Overview
- Exhibit 99: Quinta do Crasto SA - Product / Service
- Exhibit 100: Quinta do Crasto SA - Key offerings
- 10.7 Ramos Pinto
- Exhibit 101: Ramos Pinto - Overview
- Exhibit 102: Ramos Pinto - Product / Service
- Exhibit 103: Ramos Pinto - Key offerings
- 10.8 SOGEVINUS FINE WINES SA
- Exhibit 104: SOGEVINUS FINE WINES SA - Overview
- Exhibit 105: SOGEVINUS FINE WINES SA - Product / Service
- Exhibit 106: SOGEVINUS FINE WINES SA - Key offerings
- 10.9 Sula Vineyards
- Exhibit 107: Sula Vineyards - Overview
- Exhibit 108: Sula Vineyards - Product / Service
- Exhibit 109: Sula Vineyards - Key offerings
- 10.10 Symington Family Estates Vinhos S.A.
- Exhibit 110: Symington Family Estates Vinhos S.A. - Overview
- Exhibit 111: Symington Family Estates Vinhos S.A. - Product / Service
- Exhibit 112: Symington Family Estates Vinhos S.A. - Key offerings
- 10.11 THE FLADGATE PARTNERSHIP
- Exhibit 113: THE FLADGATE PARTNERSHIP - Overview
- Exhibit 114: THE FLADGATE PARTNERSHIP - Product / Service
- Exhibit 115: THE FLADGATE PARTNERSHIP - Key offerings
- 10.12 Vinoquel Vinhos Oscar Quevedo Lda
- Exhibit 116: Vinoquel Vinhos Oscar Quevedo Lda - Overview
- Exhibit 117: Vinoquel Vinhos Oscar Quevedo Lda - Product / Service
- Exhibit 118: Vinoquel Vinhos Oscar Quevedo Lda - Key offerings
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 119: Inclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 120: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 121: Research methodology
- Exhibit 122: Validation techniques employed for market sizing
- Exhibit 123: Information sources
- 11.5 List of abbreviations
- Exhibit 124: List of abbreviations
- from other alcoholic beverages: Growing popularity of other alcoholic beverages such as vodka, rum, tequila, and whiskey in different regions is a challenge for the market. For instance, in the US and European countries such as Germany, France, Italy, Belgium, and Sweden, the demand for other alcoholic beverages such as vodka, rum, and tequila has witnessed an increase, which will hamper the market for beer.
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