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Small Bottles, Big Flavors: The Single Serve Wine Phenomenon
The Single Serve Wine Market has expanded dramatically in the last few years. Customers are searching for helpful portioned wine options as their demands for convenience and busy schedules grow. Single-serve wine products are quite popular since they are easy to use, always fresh, and generate less waste. The market is expected to keep growing as more consumers choose this easy and enjoyable way to enjoy their favourite wines.
The single-serve wine market is anticipated to grow at a compound annual growth rate (CAGR) of 3.4% over the projected period, hitting US$ 674.9 million by 2032 and reaching US$ 483.1 million in 2022. 2022–2032. The global rise in the need for convenient, high-quality beverages is propelling the market's expansion. One of the main factors contributing to single-serve wine's growing popularity is how many different uses it can have.
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Because they are less expensive, small bottles are accessible to consumers on a tight budget. Additionally, single serve wines come in a huge range of flavours and tastes. To entice customers, top brands are including nuts and unusual additives like vanilla. Manufacturers of single-serve wine are coming up with creative ways to mix this product into different processed foods in order to keep up with market trends.
Europe is anticipated to be the single serve market’s most lucrative region regionally during the forecast period. Growing wine consumption and the presence of prominent wineries in nations like France, Belgium, and Italy are credited with driving demand in the region. This is anticipated to increase demand for single serve wine.
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Key Takeaways:
Based on type, the red wine market segment is poised to expand at 4.2% CAGR in 2022.
White wine is expected to account for a market share of 7.4% in the global single serve wine market.
During the forecast period, the single serve wine market in the U.K. is expected to grow at a CAGR of 3.5%.
Germany single serve wine market is expected to account for a demand share of 24.1% over the upcoming decade.
The U.S. is expected to account for a share of 30.2% in the North America single serve wine market
Competitive landscape:
Top 5 manufacturers of single serve wine Wander + Ivy, Kim Crawford Sauvignon Blanc, Domaine Chandon Brut Rosé, 19 Crimes Red Blend, Union Wine Co., Pacific Rim – Eufloria, holding 20% to 30% single serve wine market share.
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Get More Valuable Insights
Future Market Insights, in its new offering, provides an unbiased analysis of Single Serve Wine presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-203
Single-serve wine Market by Category
By Type:
Red Wine
White Wine
Muscat Wine
Full Bodied Wine
Riesling
Sauvignon Blanc
By Texture:
Smooth
Course
Creamy
Waxy
Silky
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