Canned Wine Market Overview
Canned Wine Market size is forecast to reach US$3.1 billion by 2030, after growing at a CAGR of 12.7% during 2024-2030. Canned wines are growing in popularity due to their single serve, ready to consume and sustainability. Canned wine is made the same way bottled wine is however the majority of canned wine is fermented and aged in stainless steel tanks. The major factor behind canned wine’s popularity is sustainability, although glass bottles are recyclable, majority of wine bottles are discarded, on the other hand, aluminum cans are 100% recyclable and do not require excess packaging. Also, post pandemic, there has been a rising interest in concerts, music festivals, outdoor sporting events and more which drives the sales of canned beverages including wine.
The trends in the Canned Wine Market include the growing demand for omega-3 fatty acids and the increasing consumer focus on sustainability. Consumers are increasingly aware of the health benefits of omega-3 fatty acids, which are abundant in Wine. These essential fatty acids are known to support heart health, brain function and cognitive development. This growing awareness is driving demand for omega-3-rich foods, including canned Wine, as a convenient and affordable source of these essential nutrients. Consumers are increasingly concerned about the environmental impact of their food choices. Leading Wine producers, such as Mowi and Marine Harvest, have significantly ramped up their sustainability efforts. These companies have committed to reducing their carbon emissions, with Mowi aiming for net-zero emissions by 2040. Additionally, they are investing in more eco-friendly production methods, including offshore Wine farming and the use of sustainable feed. This is in line with the growing consumer demand for responsibly sourced seafood as per Mowi Annual Report ,2023.
Market Snapshot:
Canned Wine Market - Report Coverage:
The “Canned Wine Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Canned Wine Market.
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COVID-19 / Ukraine Crisis - Impact Analysis:
• The COVID-19 pandemic impacted the Canned Wine Market positively. Due to lockdowns may people began having a glass of wine at home and canned wine surged in popularity because of its readily available format and availability in controlled portion sizes. Closure of liquor stores and wineries led to rise in wine deliveries and canned wines were much more easier to transport compared to bottled wines which drove up the demand
• The Russia Ukraine war further exacerbated supply chain challenges, particularly affecting the canned Wine leading to higher costs for can production. This impacted the prices of canned wine, as transportation costs and aluminum shortages increased. However, rising inflation resulted in cans being favored over bottles.
Key Takeaways
Red Wine is the Largest Segment
Red wine dominates the canned wine market driven by its rich flavor, versatility and consumer preference. Red wine is known for its bold taste and compatibility with a variety of cuisines and it appeals to both casual drinkers and wine enthusiasts. Its availability in convenient canned packaging has expanded its reach to younger and on-the-go consumers who appreciate its portability and ease of consumption. In August 2024, English winemaker, The Uncommon, introduced a new collection of canned wines for onboard catering. The red wine, Percival, is a light wine of the pinot noir variety.Red wine’s long-standing reputation as a classic beverage makes it a popular choice for both casual and formal occasions. Additionally, its perceived health benefits such as antioxidant properties further contribute to its demand.
8.4 oz (250 ml) can is the largest segment
The 8.4oz (250ml) can size is the largest segment in the canned wine market. This size offers an ideal balance between convenience and portion control and is particularly popular among consumers seeking single-serve options for on-the-go consumption or casual occasions. In a survey of 1,700 consumers, 43% of respondents preferred the 250ml can, but only 21% of respondents favored the 375ml can. Its compact packaging makes it perfect for outdoor events, travel and picnics, catering to the needs of active and mobile lifestyles. The 8.4oz can also aligns with the trend of moderation as it provides a measured serving that prevents overconsumption. Each 250 mL can is ⅓ of a bottle of a wine, which is equivalent to 1.7 glasses of wine.
North America Dominates the Market
North America is the leading region in the global canned wine industry. In North America, particularly in the United States and Canada, production and consumption of canned wine are significant. Additionally, collaborations, partnerships and marketing campaigns in the region drive sales. In June 2024, Canadian company, Rosewood partnered with newly opened Shake Shack Canada to create a unique line of co-branded canned wines, available exclusively at Shake Shack Canada's first location at Younge & Dundas square, downtown Toronto. The region’s focus on sustainability also plays a role as canned wine is perceived to be an eco-friendly alternative to traditional glass bottles. According to Billboard online, in the U.S. alone, 32 million people go to at least one music festival every year. The popularity of outdoor activities such as camping, picnics and festivals further boosts the demand for canned wine.
Ready to Drink Format to Drive the Market
The growing popularity of ready-to-drink (RTD) beverages significantly boosts the demand for canned wine. Consumers increasingly seek convenient, portable and hassle-free options for their drinking experiences, making canned wine an ideal choice unlike traditional bottled wine that requires bottles and a corkscrew opener. Its compact and lightweight packaging allows for easy transportation and consumption during outdoor activities such as picnics, festivals and camping trips. According to Burning Man Organization's latest census, more women than men attended Burning Man in 2023. Women made up 49.1% of the attendees while 47.1% were men, with 3.0% identifying as non-binary. At most of the festivals, social drinking takes place, and the format of canned wine makes it a great option. Additionally, the rise of casual social drinking occasions has created a demand for single-serve and pre-portioned alcohol options which canned wine fulfills effectively.
Off Smell to Hamper the Market
The occurrence of off smells in canned wine poses a significant challenge to the market. Many consumers reported the odor of canned wine as rotten egg smell. These unpleasant odors can arise due to chemical reactions between the wine and its packaging materials or improper storage conditions. Such factors can negatively impact consumer perception of canned wine and preferring bottled version leading to declining canned wine sales
Key Market Players
Global Canned Wine top 10 companies include:
1. Union Wine Company
2. Nomadica
3. E & J Gallo Winery
4. Canned Wine Co.
5. Integrated Beverage Group
6. Sans Wine Co.
7. Archer Roose
8. Francis Ford Coppola Winery
9. MANCAN Wine
10. Sula Vineyards
Scope of the Report:
1. Canned Wine Market - Market Overview
1.1 Definitions and Scope
2. Canned Wine Market - Executive Summary
2.1 Key Trends by Type
2.2 Key Trends by Packaging
2.3 Key Trends by Distribution Channel
2.4 Key Trends by Geography
3. Canned Wine Market – Comparative analysis
3.1 Market Share Analysis- Major Companies
3.2 Product Benchmarking- Major Companies
3.3 Top 5 Financials Analysis
3.4 Patent Analysis- Major Companies
3.5 Pricing Analysis (ASPs will be provided)
4. Canned Wine Market - Startup Companies Scenario
4.1 Major startup company analysis:
4.1.1 Investment
4.1.2 Revenue
4.1.3 Product portfolio
4.1.4 Venture Capital and Funding Scenario
5. Canned Wine Market – Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing Business Index
5.3 Successful Venture Profiles
5.4 Customer Analysis – Major companies
6. Canned Wine Market - Market Forces
6.1 Market Drivers
6.2 Market Constraints
6.3 Porters Five Force Model
6.3.1 Bargaining Power of Suppliers
6.3.2 Bargaining Powers of Buyers
6.3.3 Threat of New Entrants
6.3.4 Competitive Rivalry
6.3.5 Threat of Substitutes
7. Canned Wine Market – Strategic Analysis
7.1 Value/Supply Chain Analysis
7.2 Opportunity Analysis
7.3 Product/Market Life Cycle
7.4 Distributor Analysis – Major Companies
8. Canned Wine Market – By Type (Market Size -US$ Million/Billion)
8.1 Red Wine
8.2 White Wine
8.3 Rosé
8.4 Sparkling Wine
9.Canned Wine Market - By Category (Market Size -US$ Million/Billion)
9.1 6.32 oz (187 ml)
9.2 6.76 oz (200 ml)
9.3 8.4 oz (250 ml)
9.4 12.7 oz (375 ml)
9.5 Others
10. Canned Wine Market – By Source (Market Size -US$ Million/Billion)
10.1 Conventional
10.2 Organic
11. Canned Wine Market – By Pricing (Market Size -US$ Million/Billion)
11.1 Budget
11.2 Mid-Range
11.3 Premium
12. Canned Wine Market – By Distribution Channel (Market Size -US$ Million/Billion)
12.1. Offline
12.1.1. Supermarkets/Hypermarkets
12.1.2. Specialty Stores
12.1.3. Wine and Liquor Stores
12.1.4 Others
12.2. Online
13. Canned Wine Market - By Geography (Market Size -US$ Million/Billion)
13.1 North America
13.1.1 USA
13.1.2 Canada
13.1.3 Mexico
13.2 Europe
13.2.1 UK
13.2.2 Germany
13.2.3 France
13.2.4 Italy
13.2.5 Netherlands
13.2.6 Spain
13.2.7 Denmark
13.2.8 Belgium
13.2.9 Rest of Europe
13.3 Asia-Pacific
13.3.1 China
13.3.2 Japan
13.3.3 India
13.3.4 South Korea
13.3.5 Australia and New Zealand
13.3.6 Indonesia
13.3.7 Thailand
13.3.8 Malaysia
13.3.9 Rest of APAC
13.4 South America
13.4.1 Brazil
13.4.2 Argentina
13.4.3 Colombia
13.4.4 Chile
13.4.5 Rest of South America
13.5 Rest of the World
13.5.1 Middle East
13.5.2 Africa
14. Canned Wine Market – Entropy
14.1 New Product Launches
14.2 M&As, Collaborations, JVs and Partnerships
15. Canned Wine Market – Industry/Segment Competition Landscape
15.1 Company Benchmarking Matrix – Major Companies
15.2 Market Share at Global Level – Major companies
15.3 Market Share by Key Region – Major companies
15.4 Market Share by Key Country – Major companies
15.5 Market Share by Key Application – Major companies
16. Canned Wine Market – Key Company List by Country Premium
17. Canned Wine Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
17.1 Union Wine Company
17.2 Nomadica
17.3 E & J Gallo Winery
17.4 Canned Wine Co.
17.5 Integrated Beverage Group
17.6 Sans Wine Co.
17.7 Archer Roose
17.8 Francis Ford Coppola Winery
17.9 MANCAN Wine
17.10 Sula Vineyards
“Financials to the Private Companies would be provided on best-effort basis.”
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The Canned Wine Market is projected to grow at 12.7% CAGR during the forecast period 2024-2030.
The Canned Wine Market size is estimated to be $ billion in 2023 and is projected to reach $3.1 billion by 2030
The leading players in the Canned Foods Union Wine Company, Nomadica, E & J Gallo Winery, Canned Wine Co., Integrated Beverage Group and Others