Australia Wine Market Overview, 2028

Australia is home to several renowned wine regions, each with its unique climate, soil composition, and grape varieties. Australia is considered a New World wine producer, meaning its wine industry emerged more. This relatively young wine industry has allowed Australian winemakers to embrace innovation, experiment with different grape varieties, and adopt modern winemaking techniques. Australia cultivates a variety of grape varieties, both traditional and international. Australia's wine regions attract both domestic and international tourists, offering unique wine tourism experiences. Winery tours, tastings, cellar door experiences, and food and wine events are popular attractions. Wine tourism has contributed to the growth of local economies and provides opportunities for consumers to learn about Australian wines and experience the beauty of vineyard landscapes. Australian winemakers are increasingly adopting sustainable practices in vineyard management and winemaking processes. This includes organic and biodynamic farming methods, water conservation, and reducing carbon emissions. The focus on sustainability aligns with the growing global demand for environmentally-friendly and ethically-produced wines. Wine consumption has become an integral part of Australian culture. Australians enjoy wine in various settings, including social gatherings, dining out, and at home. Wine appreciation and education have also gained popularity, with wine tastings, wine clubs, and wine education programs being widely available. Australian wine labels often provide clear and easy-to-understand information for consumers. The labels typically state the grape variety, vintage year, region of origin, and some may also include flavor descriptions. This transparent labeling approach aims to help consumers make informed choices and understand the characteristics of the wine they are purchasing. According to the research report "Australia Wine Market Overview, 2028," published by Bonafide Research, The Australia Wine Market was valued at above USD 7.90 Billion in 2022. The wine market in Australia has several specialties that make it unique and noteworthy. Such as, Quality and Diversity, New World Innovations, Cool Climate Regions, Sustainable Practices, Wine Education and Wine Shows, Wine Tourism, New World Wine Producer, Geographic Diversity, Shiraz Dominance, Wine Labels, Sustainable Practices, Wine Tourism, Indigenous Grape Varieties. The wine market in Australia offers a diverse range of products across various types and styles. The wine market in Australia by product type are, Red Wine, White Wine, Sparkling Wine, Rosé Wine, Fortified Wine, Organic and Biodynamic Wines. Australia is home to numerous wine brands that have gained popularity both domestically and internationally. Some popular wine brands from Australia are, Penfolds, Jacob's Creek, Yellow Tail, Wolf Blass, Hardys, d'Arenberg, Tyrrell's. One of the most popular wines in the Australian wine market is Shiraz (Syrah). Shiraz is widely planted across various wine regions in Australia and holds a special place in the hearts of Australian wine enthusiasts. Some reasons for its popularity and its special characteristics such as, Rich and Bold Flavor, Versatility, Regional Expression, Ageing Potential, Food Pairing, International Recognition. The wine market in Australia offers a diverse range of wines based on color types. Like, Red Wine, White Wine, Rosé Wine, Sparkling Wine, Fortified Wine. There are some popular and widely consumed wines based on color types. Here are the most drinkable wines in Australia by color type, such as Shiraz (Syrah) is one of the most drinkable red wines in Australia. It is known for its approachable and fruit-forward style, making it appealing to a wide range of wine drinkers. Chardonnay is a highly drinkable white wine in Australia. It is known for its versatility and can be found in a range of styles, from crisp and unoaked to rich and creamy. Sauvignon Blanc is another popular white wine known for its refreshing acidity and vibrant flavors, making it a great choice for easy-drinking. Rosé wines have seen a surge in popularity in recent years, and many Australian producers are crafting delicious and drinkable options. Such as Shiraz and Grenache, resulting in light, fruity, and refreshing wines that are perfect for casual enjoyment. Sparkling wines, including both traditional method (Champagne style) and tank method (Prosecco style) wines, are highly drinkable and celebratory options in Australia. In the Australian wine market, wines are often classified into different sweetness levels. Such as, Dry Wines, Off-Dry Wines, Sweet Wines, Sparkling Wines. The wine market in Australia encompasses various distribution channels through which wines are sold and distributed to consumers. Includes, Retail Stores, Cellar Doors, Restaurants and Bars, Online Sales, Wholesale and Distribution Networks. There are some notable Key Drivers of the Australian Wine Market such as, International Reputation, Wine Tourism, Export Market Growth, Innovation and Adaptability. Noteworthy Opportunities in the Australian Wine Market are, Asian Market Expansion, Premium Wine Segment, Organic and Sustainable Wines. Considered in this report • Geography: Australia • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Australia wine market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation

By Product type • Still Wine • Sparkling Wine By Colour • Red Wine • White Wine • Rose Wine • Others By Sweetness Level • Semi-Sweet • Dry • Sweet • Semi-Dry By Distribution Channel • On Trade • Off Trade The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to wine industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.