Posts Tagged ‘India’

Wine – BRIC (Brazil, Russia, India, China) Industry Guide – new report released

Sunday, November 15th, 2009

Wine – BRIC (Brazil, Russia, India, China) Industry Guidenew market research report from companiesandmarkets.com

* Market:  Food and Drink
* Published Date: 21/10/2009
* Report Title: Wine – BRIC (Brazil, Russia, India, China) Industry Guide
* Table of Contents: View Table of Contents
* Report Type: Market Report
* Country: Global
* Number of Pages: 102

The Wine – BRIC (Brazil, Russia, India, China) Industry Guide is an essential resource for top-level data and analysis covering the BRIC (Brazil, Russia, India, China) Wine industry. The report includes easily comparable data on market value, volume, segmentation and market share, plus full five year market forecasts. It examines future problems, innovations and potential growth areas within the market.

Scope of the Report

  • Contains an executive summary and data on value, volume and segmentation
  • Provides textual analysis of the industry´s prospects, competitive landscape and profiles of the leading companies
  • Incorporates in-depth five forces competitive environment analysis and scorecards
  • Compares data from Brazil, Russia, India, and China, alongside individual chapters on each BRIC country; Brazil, Russia, India and China
  • Includes a five-year forecast of the industry

Highlights

  • The BRIC Wine market grew by 8.5% between 2004 and 2008 to reach a value of $25.3 billion.
  • In 2013, the market is forecast to have a value of $34.6 billion, an increase of 6.5% from 2008.
  • India was the fastest growing country with a CAGR of 21.2% over the 2004?08 period.
  • Why you should buy this report
    • Spot future trends and developments
    • Inform your business decisions
    • Add weight to presentations and marketing materials
    • Save time carrying out entry-level research

Market Definition

The wine market consists of fortified wine, sparkling wine and still wine. The market is valued according to retail selling price (RSP) and includes any applicable taxes.

Click here to view the table of contents from the report

The China chapter breaks down as follows:CHAPTER 6 WINE IN CHINA 78

6.1 Market Overview 78
6.2 Market Value 79
6.3 Market Volume 80
6.4 Market Segmentation I 81
6.5 Market Segmentation II 82
6.6 Market Share 83
6.7 Five Forces Analysis 84
6.8 Leading Companies 92
6.9 Distribution 97
6.10 Market Forecasts 98
6.11 Macroeconomic Indicators 100

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The Global Wine Market

Wednesday, May 6th, 2009

Wine & Drinks Business Review – The world’s wine market- an evolving panorama

A consistent theme of this site will be discussion about the ever evolving state of global wine markets. MIR Global decided to start this site as a resource for people to come not only to keep current on major news/development in the wine scene but also to discuss the ever changing nature of it.

First lets talk about supply. During the past decade wine production has exploded in many new countries. Wines from the United States, Chile, Argentina, South Africa, Australia and New Zealand have become household names around the world. Europe is not the only kid on the block anymore.

Now, consider the demand side of things. China, South-East Asia, India and Russia have suddenly emerged as the future major wine markets. With incredibly large populations, robust economic growth and a ever more interconnected global economy wine producers have switched their focus to Asia.

Described in this article from the Wine & Drinks Business Review

Countries, such as China, India and Indonesia, will compensate for the stagnation of Western economies.

The companies with strong international orientation will benefit from the demand coming from Asia, which will balance the markets that are more inclined to a stability situation, such as the Northern-American and the European ones.

Some facts from the same article

* European wine production falls to 161.6 million hl versus 163.6 million hl in 2007

* French production falls to 41.4 million in 2008 from 46 million in 2007.

* Argentina is decreasing to production to 14.6 million hl

* Chile’s production grows to 8.6 million hl in 2008, not sure what it was in 2007, article doesn’t say and a google search did not yield immediate results. If anyone knows please share.

* South African wine production increased 5% to 10.2 million hl.

* Australia’s production grew a pretty stunning 30% to 12.3 million hl.

* New Zealand finishes off the count, growing a astounding 39% to 2 million hl.

Now in terms of exports from some traditional European markets, decline where seen across the board, with Italy taking the biggest hit proportionately.

* Italian exports fell to 17.8 million hl, which breaks down in layman terms to loosing about 7% of the share of Europe’s exports.

* Spanish exports on the other hand gained 8.5% of the European export market of fine wines, exporting 16.9 million hl.

* US exports rose over the threshold of one billion dollar sales (+6%), with a volume of 4.9 million hl (+8%), of which 90% came from California.

* France had a 10.5% fall in the volumes, at 13.7 million hl.

* Australia showed a decrease of 11% at a little less than 7 million hl.

Click here to access the full article: “The world’s wine market- an evolving panorama.”

Courtesy of [wine.drinks-business-review.com]

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New Zealand's wine industry to be used as a model in India

Monday, May 4th, 2009

Twenty years ago New Zealand barely had a wine industry. Now now only are their wines found on shelves in Europe, North America and Asia.

Zealand’s wine exports have grown at an average of 23.8% over the past two years, four times the rate of growth in any other export sector.

Marlborough, one of New Zealand’s primier wine growing regions and home to the country’s most famous Sauvignon Blanc’s, now accounts for 20% of ecomonomy. Not bad for a industry which as I already mentioned did not really exist 20 years ago

“For the industry the NZIER report represents a very positive analysis of the contribution grape growing and winemaking make to the New Zealand economy. That contribution totals over $3.5 billion of revenue through our own direct sales and the sales we generate in related sectors such as the tourism and hospitality industries,” Winegrowers chairman Stuart Smith says, according to a news report by the NZ National Business Review.

India, a relative new comer in the global wine scene is now looking to use growth of New Zealand’s wine industry as a template for nurturing their own infant industry.

Wairau Valley, Marlborough – New Zealand

Here are a few excerpts from a interesting article covering this topic, courtesy of The Indian Wine Academy.

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In India, Sula took the lead in wine tourism with a tasting room and a reasonably world-class structure has been commissioned but nothing much has been done by Indage or Grover- though Indage opened a wine bar outside the winery with a modern tasting room inside and Grover has also opened a tasting room recently.

The infra-structure to travel to Nashik is practically non-existent. It takes over 5 hours to reach Nashik from the airport with a private taxi and once you reach there, finding the winery locations is a nightmare for most visitors.

The tourism ministry does not seem to pay much attention to this aspect either. Even Destination India 2009 project to promote tourism in India seems to have ignored this lucrative part of the tourism. Hopefully, the Nashik grape growers association or the newly formed National Grape Board would have a look at the potential honey pot when it gets down to business.

Click here for complete article

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