Global Verdelho Wine Market Insights, Forecast to 2028

Market Analysis and Insights: Global Verdelho Wine Market
Verdelho is a white wine grape grown throughout Portugal, though most associated with the island of Madeira, and also gives its name to one of the four main types of Madeira wine. At the turn of the 20th century it was the most widely planted white grape in Madeira. The grape has traditionally been one of the most popular grapes planted on the small island of Madeira since vines were first planted there in the 15th century. It was however badly affected by the Phylloxera plague and the number of vines has decreased greatly in the century since then. Since 1993 any Madeira wine labeled as Verdelho must contain at least 85 percent of the grape, which was not previously required. The variety of Madeira wine known as Verdelho lies between those of Sercial and Bual in style, being drier than Bual but not as dry as Sercial. The variety is known for its high acidity when aged, but if drunk young generally possesses more fruit flavor than the other Madeiras. Some producers are experimenting with making a table-style wine by allowing the grapes to ripen more prior to harvesting and blending with the grape Arnsburger to balance Verdelho's naturally high acidity.

Due to the COVID-19 pandemic, the global Verdelho 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, Fortified Wine accounting for % of the Verdelho 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 Verdelho Wine market size is valued at US$ million in 2021, while the US and Europe Verdelho 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 Verdelho 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 Verdelho Wine include Vinhos Barbeito, Blandy's, HM Borges, Pereira d'Oliveira, J. Faria & Filhos, Henriques & Henriques, Justino's, Azores Wine Company and Vinden, 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

Fortified Wine

Dry Varietal White Wine

Others

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 Verdelho 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:

Vinhos Barbeito

Blandy's

HM Borges

Pereira d'Oliveira

J. Faria & Filhos

Henriques & Henriques

Justino's

Azores Wine Company

Vinden

ROBERT CHANNON

Sandalford

Yokel

Tamburlaine

Boydell

Frequently Asked Questions

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Which are the prominent strategies of the Verdelho Wine market players?

Which factors are increasing the competition in the Verdelho Wine market?

Which are the recommendations provided by the Verdelho Wine industry experts?

Which region will witness rewarding growth during the forecast period?

What factors will curb the Verdelho Wine market growth?

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

Which emerging trends will impact the Verdelho Wine market growth?

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