Global oversupply of wine has defined the Global Wine Manufacturing industry over the past five years. In response, major wine producers from regions once renowned for high-quality products began manufacturing less wine in terms of total case volume. According to the International Organisation of Vine and Wine, total volume slid at an estimated 1.8% annualized rate to 248.2 million hectoliters from 2007 to 2012. Much of this production decline has occurred throughout Europe, which has prompted the European Union to enact various policy measures and financial incentives to reduce overall wine production.
The Global Wine Manufacturing industry consists of companies engaged in at least one component of the winemaking process. Industry players grow and harvest grapes, crush and press grape mixtures, ferment wine and eventually distribute wine for retail sale. The industry also manufactures wine and brandies from other fruit sources.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.