Canada Wine Market Overview, 2028
In Canada it has seen a shift in consumer preferences towards premium and higher-quality wines, leading to an expansion of the domestic wine market. Canada has several wine-producing regions, with ... もっと見る
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SummaryIn Canada it has seen a shift in consumer preferences towards premium and higher-quality wines, leading to an expansion of the domestic wine market. Canada has several wine-producing regions, with the most prominent being British Columbia and Ontario. Other provinces such as Nova Scotia and Quebec also have emerging wine industries. The country's cool climate allows for the production of a range of wine styles. Wine tourism has grown in popularity in Canada, particularly in regions such as British Columbia's Okanagan Valley and Ontario's Niagara Peninsula. Wineries offer tastings, tours, and experiences, attracting visitors who are interested in learning about the local wine industry and enjoying the scenic vineyards. There is an increasing emphasis on organic and sustainable wine production in Canada. The Canadian wine industry is comprised of both large commercial wineries and smaller boutique operations. Many wineries are adopting environmentally friendly practices and obtaining organic certifications, catering to consumers who prioritize sustainable and eco-conscious products. The Canadian wine market operates under a complex regulatory framework that varies between provinces. Each province has its own regulations governing wine distribution, including licensing requirements and restrictions on interprovincial wine shipping. These regulations impact the flow of wine across provincial borders and can present challenges for wineries and consumers.According to the research report “Canada Wine Market Overview, 2028," published by Bonafide Research, The Canada Wine market is projected to reach market size of more than USD 14.67 Billion by 2028. The wine market in Canada has several distinctive features that contribute to its specialty and unique identity. Some notable specialties of the wine market in Canada are, Ice wine, Cool Climate Wines, VQA (Vintners Quality Alliance), Wine Regions, Sustainable and Organic Practices, Wine Tourism. The wine market in Canada offers a variety of product types to cater to different consumer preferences. There are the main product types in the Canadian wine market such as, Red Wine, White Wine, Rosé Wine, Sparkling Wine, Ice Wine, Fortified Wine, Blended Wines. In Canada, there are several popular wine brands that are widely recognized and enjoyed by consumers. Some well-known wine brands in Canada are Jackson-Triggs, Inniskillin, Mission Hill Family Estate, Peller Estates, Burrowing Owl Estate Winery, Gray Monk Estate Winery, Quails' Gate Winery, Cave Spring Cellars, Tinhorn Creek Vineyardsm, Nk'Mip Cellars, etc. The wine market in Canada can be categorized by color type, which refers to the color of the wine and the grape varieties used in production. There are the main color types in the Canadian wine market are, Red Wine, White Wine, Rosé Wine, Sparkling Wine, Ice Wine. In the Canadian wine market, one of the most popular wines is Icewine. Icewine holds a special place in Canada's wine industry due to its unique production process and exceptional flavors. Some of the reasons about Icewine mostly drinkable in Canada, such as Production, Specialtym, Grape Varieties and Popularity. In the Canadian wine market, wines are often categorized into different sweetness levels, ranging from bone dry to dessert-style sweet wines. Some common sweetness levels found in the Canadian wine market are, Bone Dry or Dry Wines, Off-Dry or Medium-Dry Wines, Semi-Sweet Wines, Sweet Wines. The wine market in Canada utilizes various distribution channels to make wine available to consumers. Observed as, Liquor Control Boards/Commissions (LCBO, SAQ, etc.), Winery Direct Sales, Private Wine Stores, Online Wine Sales, Restaurants and Bars, Wine Clubs and Subscription Services. The Canada Wine Market has some key drivers and opportunities which help the wine market of Canada to move forward towards growth. Such as, Key Drivers of the Wine Market in Canada are, Increasing Consumer Demand, Wine Tourism, International Recognition. Opportunities in the Canadian Wine Market are, Domestic Market Growth, Export Market Expansion, Innovation and Differentiation. Considered in this report • Geography: Canada • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Canada wine market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product type • Still Wine • Sparkling Wine By Colour • Red Wine • White Wine • Rose Wine • Others By Sweetness Level • Semi-Sweet • Dry • Sweet • Semi-Dry By Distribution Channel • On Trade • Off Trade The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to wine industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. Table of ContentsTable of Contents1. Executive Summary 2. Market Structure 2.1. Market Considerate 2.2. Assumptions 2.3. Limitations 2.4. Abbreviations 2.5. Sources 2.6. Definitions 2.7. Geography 3. Research Methodology 3.1. Secondary Research 3.2. Primary Data Collection 3.3. Market Formation & Validation 3.4. Report Writing, Quality Check & Delivery 4. US Macro Economic Indicators 5. Market Dynamics 5.1. Key Findings 5.2. Key Developments - 2021 5.3. Market Drivers & Opportunities 5.4. Market Restraints & Challenges 5.5. Market Trends 5.6. Covid-19 Effect 5.7. Supply chain Analysis 5.8. Policy & Regulatory Framework 5.9. Industry Experts Views 6. US Fruit & Vegetable Juice Market Overview 6.1. Market Size By Value 6.2. Market Size and Forecast By Product Types 6.3. Market Size and Forecast By Distribution Channel 7. US Fruit & Vegetable Juice Market Segmentations 7.1. US Fruit & Vegetable Juice Market, By Product Types 7.1.1. US Fruit & Vegetable Juice Market Size, By Fruit Juice, 2017-2028 7.1.2. US Fruit & Vegetable Juice Market Size, By Vegetable Juice, 2017-2028 7.1.3. US Fruit & Vegetable Juice Market Size, By Fruit and Vegetable Blend, 2017-2028 7.1.4. US Fruit & Vegetable Juice Market Size, By Nectar, 2017-2028 7.2. US Fruit & Vegetable Juice Market, By Distribution Channel 7.2.1. US Fruit & Vegetable Juice Market Size, By Supermarkets/Hypermarkets, 2017-2028 7.2.2. US Fruit & Vegetable Juice Market Size, By Convenience Stores, 2017-2028 7.2.3. US Fruit & Vegetable Juice Market Size, By Online, 2017-2028 7.2.4. US Fruit & Vegetable Juice Market Size, By Others (Cafes, Clubs, Restaurants, Etc.), 2017-2028 8. US Fruit & Vegetable Juice Market Opportunity Assessment 8.1. By Product Types, 2023 to 2028 8.2. By Distribution Channel, 2023 to 2028 9. Competitive Landscape 9.1. Porter's Five Forces 9.2. Company Profile 9.2.1. Company 1 9.2.1.1. Company Snapshot 9.2.1.2. Company Overview 9.2.1.3. Financial Highlights 9.2.1.4. Geographic Insights 9.2.1.5. Business Segment & Performance 9.2.1.6. Product Portfolio 9.2.1.7. Key Executives 9.2.1.8. Strategic Moves & Developments 9.2.2. Company 2 9.2.3. Company 3 9.2.4. Company 4 9.2.5. Company 5 9.2.6. Company 6 9.2.7. Company 7 9.2.8. Company 8 10. Strategic Recommendations 11. Disclaimer List of Figures Figure 1: US Fruit & Vegetable Juice Market Size By Value (2017, 2022 & 2028F) (in USD Million) Figure 2: Market Attractiveness Index, By Product Types Figure 3: Market Attractiveness Index, By Distribution Channel Figure 4: Porter's Five Forces of US Fruit & Vegetable Juice Market List of Table Table 1 : Influencing Factors for Global Fruit & Vegetable Juice Market, 2022 Table 2: US Fruit & Vegetable Juice Market Size and Forecast By Product Types (2017, 2022 & 2028F) Table 3: US Fruit & Vegetable Juice Market Size and Forecast By Distribution Channel (2017, 2022 & 2028F) Table 4: US Fruit & Vegetable Juice Market Size of Fruit Juice (2017 to 2028) in USD Million Table 5: US Fruit & Vegetable Juice Market Size of Vegetable Juice (2017 to 2028) in USD Million Table 6: US Fruit & Vegetable Juice Market Size of Fruit and Vegetable Blend (2017 to 2028) in USD Million Table 7: US Fruit & Vegetable Juice Market Size of Nectar (2017 to 2028) in USD Million Table 8: US Fruit & Vegetable Juice Market Size of Supermarkets/Hypermarkets (2017 to 2028) in USD Million Table 9: US Fruit & Vegetable Juice Market Size of Convenience Stores (2017 to 2028) in USD Million Table 10: US Fruit & Vegetable Juice Market Size of Online (2017 to 2028) in USD Million Table 11: US Fruit & Vegetable Juice Market Size of Others (Cafes, Clubs, Restaurants, Etc.) (2017 to 2028) in USD Million
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