Recent Study: Wine in Azerbaijan

Fast Market Research recommends "Wine in Azerbaijan" from Euromonitor International, now available

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Boston, MA -- (SBWire) -- 10/08/2014 --Ongoing but marginal growth is present in wine due to the saturation and maturity of the market as wine is considered one of the most traditional alcoholic drinks in Azerbaijan. Appearance of new launches from domestic manufacturers is a development that can be attributed to strong government support to help improve domestic production, increase the variety of grapes used by manufacturers and improve access to modern production technology. Wine is also widely consumed during large celebrations such as weddings, and those drinkers in the young and middle-aged generations who do not prefer vodka due to its strength, consume wine, mostly red still wine.

Competitive Landscape

The main companies in the field of wine in Azerbaijan are Ganja-Sharab Wine Factory JSC, Vinagro Goygol Sherab Zavodu ASC, Naig?s Co Tovuz Baltiya, Agro-Azerinvest MMC and Absheron Sharab ATSC. These operators lead because they operate in the most mature categories such as still light grape wines with their economy and standard brands. The companies managed to maintain their dominance because they have started to position their economy-priced brands in the standard segment by advertising them and positioning them alongside more expensive wines on retailers? shelves.

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Industry Prospects

Wine is expected to show good growth over the forecast period. Wine will benefit from weakening sales in vodka. Consumers are likely to continue trusting the wines they find in shops under the minimum pricing scheme as these wines are of much better quality and give a reasonable pricing.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Wine industry in Azerbaijan with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Wine industry in Azerbaijan, our research will save you time and money while empowering you to make informed, profitable decisions.

The Wine in Azerbaijan market research report includes:

- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes and values, company and brand market volume shares
- Five year forecasts of market trends and market growth
- Production, imports by origin, exports by destination
- Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

- What is the market size of Wine in Azerbaijan?
- What are the major brands in Azerbaijan?
- How do sales of new world wine perform in comparisons to old world wine?
- Which countries are the main wine exporters and importers?
- Is wine mainly consumed in on- or off-trade channels?
- Have other sparkling wines like cava and prosecco benefited during the recession at the cost of Champagne?

Reasons to Get this Report

- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions

Product coverage: Fortified Wine and Vermouth, Non-Grape Wine, Sparkling Wine, Still Light Grape Wine.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

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