Global Pinot Grigio Wine Market Insights, Forecast to 2028

Market Analysis and Insights: Global Pinot Grigio Wine Market
Pinot grigio or Grauburgunder is a white wine grape variety of the species Vitis vinifera. Thought to be a mutant clone of the pinot noir variety, it normally has a grayish-blue fruit, accounting for its name but the grapes can have a brownish pink to black and even white appearance. The word pinot could have been given to it because the grapes grow in small pine cone-shaped clusters. The wines produced from this grape also vary in color from a deep golden yellow to copper and even a light shade of pink, and it is one of the more popular grapes for skin-contact wine.Pinot grigio is grown around the globe with the "spicy" full-bodied Alsatian and lighter-bodied, more acidic Italian styles being most widely recognized. The Alsatian style, often duplicated in New World wine regions such as Marlborough, Tasmania, South Australia, Washington, Oregon and South Africa tend to have moderate to low acidity, higher alcohol levels and an almost "oily" texture that contributes to the full-bodied nature of the wine. The flavors can range from ripe tropical fruit notes of melon and mango to some botrytis-influenced flavors. In Italy, Pinot grigio grapes are often harvested early to retain the refreshing acidity and minimize some of the overt-fruitiness of the variety, creating a more neutral flavor profile. This style is often imitated in other Old World wine regions, such as Germany where the grape is known as Ruländer or more commonly Grauburgunder.

Due to the COVID-19 pandemic, the global Pinot Grigio Wine market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Minerally & Dry accounting for % of the Pinot Grigio Wine global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Food Service segment is altered to an % CAGR throughout this forecast period.

China Pinot Grigio Wine market size is valued at US$ million in 2021, while the US and Europe Pinot Grigio Wine are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Pinot Grigio Wine landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.

The global key manufacturers of Pinot Grigio Wine include Canyon Road, Pighin, Voga Italia, Livio Felluga, KRIS Pinot Grigio, Specogna, Jermann, Santa Margherita and Zenato, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

Market Segments

The authors of this research report have explored the key segments: Type and Application. The report offers an in-depth breakdown of type and application segments and their sub-segments. The lucrativeness and growth potential have been looked into by the industry experts in this report. This section of the report also provides sales and revenue forecast data by type and application segments based on sales, price, and revenue for the period 2017-2028. The specialists, to broaden the understanding of the users, have done value chain and raw material analysis in this section.

Segment by Type

Minerally & Dry

Fruity & Dry

Fruity & Sweet

Segment by Application

Food Service

Retail

Others

Consequence of Covid-19 Pandemic

The authors of this study have enlightened the readers on the rise and effect of the Covid-19 outbreak on the development. They have investigated the changes brought about in the demand/supply side, consumption, supply chain, and sales/manufacturing. The readers will get familiar with the measures that have helped the key players to bring the Pinot Grigio Wine market back to the pre-covid levels.

Trends & Prospects

In this segment of the report, the specialists have delved into the key growth opportunities that are likely to emerge. This will aid the key players to simplify complex issues related to business and frame future strategies to compete in this competitive environment. This section will certainly assist the players to boldly position their business.

By Region

North America

United States

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

China Taiwan

Indonesia

Thailand

Malaysia

Latin America

Mexico

Brazil

Argentina

Colombia

Middle East & Africa

Turkey

Saudi Arabia

UAE

Competitive Outlook

In this section of the report, the researchers have done a comprehensive analysis of the prominent players operating and the strategies they are focusing on to combat the intense competition. Company profiles and share analysis of the prominent players are also provided in this section. They have also provided reliable sales and revenue data of the manufacturers for the period 2017-2022. With the assistance of this report, key players, stakeholders, and other participants will be able to stay abreast of the recent and upcoming developments in the business, further enabling them to make efficient choices. Mentioned below are the prime players taken into account in this research report:

Canyon Road

Pighin

Voga Italia

Livio Felluga

KRIS Pinot Grigio

Specogna

Jermann

Santa Margherita

Zenato

Terlato

Gradis'ciutta

Venica & Venica

Sturm

Sistina

Frequently Asked Questions

Which is the most lucrative product segment in the Pinot Grigio Wine market?

Which are the prominent strategies of the Pinot Grigio Wine market players?

Which factors are increasing the competition in the Pinot Grigio Wine market?

Which are the recommendations provided by the Pinot Grigio Wine industry experts?

Which region will witness rewarding growth during the forecast period?

What factors will curb the Pinot Grigio Wine market growth?

Which product segment will register the fastest growth rate in the Pinot Grigio Wine market?

Which emerging trends will impact the Pinot Grigio Wine market growth?

Which are the high-impact rendering factors in the Pinot Grigio Wine market?

Which companies will maintain their lead on the Pinot Grigio Wine market?