The grapes market is projected to register a CAGR of 7.1% during the forecast period, 2022-2027.
The COVID-19 pandemic impacted the distribution channels in the global market due to the movement restrictions implemented by the respective governments to curb the pandemic. However, as the agricultural activities continued despite the logistic restrictions and unfavorable weather, there was still stable demand for fresh and dried grapes. However, the year 2020 was not very beneficial for some grape producers and exporters as most of the shipments got stuck, and the majority of the consignments were on hold globally, which led to transportation losses. The delayed harvesting due to insufficient labor availability in the fields also affected the quality of grapes, thereby affecting the demand. According to the exporters, the demand for grapes in supermarkets in the United Kingdom and Germany has gone down drastically.
Grapes are one of the largest fruit crops, and table grapes are one of the major types of grapes grown worldwide, which are the fresh consumed grapes. The demand for table grapes is growing globally, particularly in Asia-Pacific, the Middle East, and Russia. As per the Food and Agriculture Organization, the global production of fresh grapes, including table grapes, reached 77.13 million metric ton in 2019, which had increased from 75.4 million metric ton in 2017. Hence, such an increase in production is anticipated to create an attractive market for grape growers globally due to the increased demand from various consumers.
The major exporters of grapes in the international market include Chile, the United States, and Italy. In 2018, the top three grape importing countries of Europe, the United Kingdom, Germany, and the Netherlands, imported around 25% of the grapes traded globally. Most countries of the European region import table grapes, while countries like Italy have huge acreage under vineyards for the production of wine. Most of the world’s finest quality wines are produced in European countries.
Scope of the Report
Grapes are one of the top 20 agricultural commodities produced worldwide. Grape is either consumed fresh as table grapes or processed into different forms, such as wine, raisins (dried grapes), jams, jellies, juices, and so on. Wine is the most expensive and creatively processed grape product. For the purpose of this report, the market is limited to freshly traded grapes used for tables or for processing purposes. The grapes market is segmented by geography (North America, Europe, Asia-Pacific, South America, and Africa). A detailed analysis of the production (volume), consumption (value and volume), imports (value and volume), and exports (value and volume), along with pricing and value chain analysis, has been provided in the report. The report offers the market size and forecasts in terms of volume in metric ton and value in USD thousand for all the above segments.
|Geography (Production Analysis by Volume, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis)|
Key Market Trends
The Growth of the Global Wine Industry is Driving the Grapes Market
Grapes are used for wine production, and with the increasing demand for wine, the demand for grapes is also increasing. The largest aggregated wine markets are the United States, China, and France due to their larger populations. The United States is one of the biggest importers of grapes, with a record of importing grapes of value USD 1,981,072 thousand in 2021. The majority of the imported grapes by the United States are used for manufacturing wines. There are many different grape varieties, each with its unique characteristics in terms of form, growth, suitability for different climates and regions, and winemaking features. Some of the varieties used typically for wines are Chardonnay, Sauvignon Blanc, Riesling, Muscat, Malbet, Pinot noir, etc.
To understand key trends, Download Sample Report
The United States is the Largest Grapes Importer
The United States is the largest importer of grapes in the world. The major countries from where the United States imports grapes include Chile, Mexico, and Peru, which together account for almost 99% of American grape imports.
The United States is a growing market for wines, with the domestic demand exceeding the wine production in the country. Almost all 50 states of the United States produce wine; however, most of the US wine production happens in California and Washington. The geological and climatic conditions of the United States have provided these states with favorable grape growing conditions, like higher altitude continental climes or coastal fog-laden areas.
While the domestic production of grapes is focused on supplying to the wine industry, the imports are mostly for human consumption. According to the California Grape Commission, in 2020, 46% of major shoppers perceive fresh grapes to be a staple in their household, rising from 32% in 2019. Another 35% claim grapes are frequently purchased in their households. This points out that consumers of grapes in the country are in a rising trend, which is further expected to increase in the coming years due to the rising veganism in the region.
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain/Supply Chain Analysis
4.4.1 Value Chain Overview
4.4.2 Price Markups in the Value Chain
4.4.3 Stakeholders in the Value Chain
5. MARKET SEGMENTATION
5.1 Geography (Production Analysis by Volume, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis)
5.1.1 North America
18.104.22.168 United States
22.214.171.124 Rest of North America
126.96.36.199 United Kingdom
188.8.131.52 Rest of Europe
184.108.40.206 Rest of Asia-Pacific
5.1.4 South America
220.127.116.11 Rest of South America
18.104.22.168 South Africa
22.214.171.124 Rest of Africa