France Wine Market Overview, 2028

France has long been recognized as one of the most prestigious and influential countries in the global wine industry. With its rich viticultural heritage, diverse wine regions, and centuries-old winemaking traditions, France holds a prominent position as a leading producer, consumer, and exporter of wines. The history of winemaking in France dates back thousands of years, with evidence of grape cultivation and wine production found as early as the 6th century BC. Throughout the centuries, French winemakers have refined their techniques, developed distinct regional styles, and established a reputation for producing some of the finest wines in the world. France is home to numerous renowned wine regions, each known for its unique terroir and grape varietals. Some of the most prominent wine regions include Bordeaux, Burgundy, Champagne, Alsace, Rhône Valley, Loire Valley, and Provence. These regions showcase diverse climates, soils, and grape varieties, resulting in an impressive range of wine styles and flavour profiles. France is known for its strict and comprehensive appellation system, which regulates wine production and guarantees the origin and quality of wines. The system categorizes wines into various appellations, including Appellation d'Origine Contrôlée (AOC) and Vin de Pays (VDP), among others. These classifications provide consumers with a reliable indication of a wine's quality and provenance. According to the research report "France Wine Market Overview, 2028," published by Bonafide Research, The France Wine Market was valued at above USD 32.35 Billion in 2022. Vinexpo is one of the most significant wine trade shows in the world, held in Bordeaux, France. It brings together wine producers, distributors, and buyers from around the globe to showcase and explore a wide range of wines. The event features tastings, conferences, and networking opportunities. Salon des Vins de Loire is another annual wine fair takes place in the Loire Valley, highlighting the region's diverse wines. It provides an opportunity for winemakers to present their latest vintages, and buyers and enthusiasts can discover and taste a wide selection of Loire Valley wines. In addition, La Paulee de Meursault is an iconic Burgundy wine event held in Meursault. It celebrates the wines of Burgundy, bringing together winemakers, collectors, and enthusiasts to enjoy grand tastings, wine auctions, and communal meals. Furthermore, The Bordeaux Wine Festival is a popular event that takes place every two years, celebrating the wines of Bordeaux along the Garonne River. It offers tastings, exhibitions, concerts, and various activities to engage wine lovers and promote the region's wines. France boasts a wide array of grape varieties, both indigenous and international. Some of the most notable grape varieties include Cabernet Sauvignon, Merlot, Cabernet Franc, Chardonnay, Sauvignon Blanc, Pinot Noir, Syrah (Shiraz), Grenache, and Riesling. Each region often specializes in certain grape varieties, emphasizing the unique characteristics of their respective terroirs. France has a well-established appellation system that regulates the production and labeling of wines. The Appellation d'Origine Contrôlée (AOC) guarantees the origin and quality of wines, specifying the grape varieties, viticultural practices, and production methods allowed in each region. The French government classifies wines into different quality tiers, including Grand Cru and Premier Cru in regions like Bordeaux and Burgundy. These classifications indicate superior quality and often command higher prices. Also, France has strict labeling regulations to ensure transparency and protect consumers. Labels must include information such as the wine's origin, vintage, grape varieties used, alcohol content, and sometimes even tasting notes. The government enforces regulations on winemaking practices, including grape cultivation, harvesting techniques, and cellar management, to maintain quality and uphold the reputation of French wines. The wine market in France is subject to various taxes, including value-added tax (VAT) and excise duties, which can vary based on factors such as the alcohol content and type of wine. The France wine market is characterized by a strong domestic demand and a significant export market. French consumers have a deep appreciation for their country's wines and often prioritize local and regional products. However, there has been a growing interest in international wines, particularly those from the New World, as consumers explore new flavors and styles. France has long been a major player in the global wine export market. French wines are highly sought after worldwide, revered for their quality, craftsmanship, and association with luxury. Key export markets include the United States, the United Kingdom, Germany, China, and Belgium, among others. Bordeaux and Champagne are particularly renowned internationally, commanding premium prices. Like many wine-producing countries, France is witnessing an increased focus on sustainability and innovation in winemaking. Producers are adopting environmentally friendly practices, implementing organic and biodynamic farming methods, and exploring alternative packaging solutions. Additionally, there is a growing emphasis on wine tourism, with vineyard visits and tastings becoming popular attractions for both domestic and international visitors. The France wine market is deeply rooted in tradition and craftsmanship, offering a diverse range of wines that exemplify the country's viticultural heritage. With its esteemed wine regions, prestigious grape varieties, and stringent quality standards, France continues to play a pivotal role in shaping the global wine industry, captivating wine enthusiasts around the world with its exceptional offerings. Considered in this report • Geography: France • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • France 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.

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