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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Australia Wine Market Growth
Changing consumer preferences, a growing focus on environmental issues, and the inclusion of new technologies into wine production are set to stimulate demand in Australia's wine market.
The wine business is responding to environmental concerns by putting a greater emphasis on sustainability in its winemaking methods. Aside from that, Australian wineries are gradually introducing eco-friendly measures, ranging from vineyard management to packaging, in accordance with the greater push for ethical and sustainable practices which is contributing to the Australia wine industry growth.
Australia Wine Market Report Snapshots
Australia Wine Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the Australia wine market attained a value of nearly USD 1.90 billion.
The Australia wine market is assessed to grow at a CAGR of 3.87% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach USD 2.64 billion by 2032.
Sparkling Wine, Still Wine, Fortified Wine and Vermouth is considered in the report.
The competitive landscape consists of Treasury Wine Estates Ltd., Accolade Wines Australia Limited, Casella Wines Pty Limited, Pernod Ricard S.A., Australian Vintage Limited, Kingston Estate Wines Pty Ltd., De Bortoli Wines Pty Limited, Qualia Wine Services Pty Ltd., Andrew Peace Wines, Zilzie Wines, Nugan Estate Pty Limited, among others.
The significant colours in the market are red wine, rose wine, and white wine.
Regions considered in the market are New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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