Market Share of Europe Wine Industry
The European wine market is competitive with the presence of several global as well as domestic players. The market is highly competitive with major players like Pernod Ricard, Campari Group, and Castel Group, among others. The major opportunity for the players to grab the market is by launching innovative solutions to cater to the market, amidst the stagnant market situation. The taste, type, and cost also play a major role in laying a heavy brand foundation. The global players have a strong hand due to their brand image and are, therefore, indulging in geographical expansions, while others are considering mergers, acquisitions, and partnerships to capture the regional market. The local wineries are developing new products with organic taste, owing to the traditionality of wine in the European region.
Europe Wine Market Leaders
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E & J Gallo Winery
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Constellation Brands
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Pernod Ricard SA
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Treasury Wine Estates
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Castel Group
*Disclaimer: Major Players sorted in no particular order
