Today: February 13, 2016, 6:24 pm

Australia wine market: Accolade Wines the leading player during 2012
Wine in Australia - a new market research report on 2014-04-21 09:26:02
Australia´s biggest wine company, Accolade Wines, held 15% share of wine in Australia in 2012. The company has remained at the height of current trends, and at present has been working on catering to the premiumisation trend, as well as trends in varietal blends.

In 2012, the Australian wine palate continued to develop due to international and local premiumisation influences, and Australians were enthusiastic to spend more on better-quality, premium wines. Assisting this premiumisation trend in wine is the drop in prices of many premium wines into the A$15-20 segment. This has enabled premium wines to be more accessible to the average Australian. As a result, the total wine category grew by 2% in volume terms in 2012.

In 2012, the ABS released data concluding a continuing fall in national vineyard areas. The previous oversupply of grapes and wine in Australia was a contributing factor to the profitability issues the wine industry had faced over the review period. The reduction of vineyards to meet emerging demand opportunities will improve profitability over the forecast period, as unit prices will be pushed up to a point where equilibrium of supply and demand in the market exists.

Click for report details: ..

Browse all Food and Drink Market Research Reports ..

Browse all Food and Drink Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 394 Words
Related Articles
More From Finance
Arizona Real Estate Stats 2015
COMMENTARY by Tom Ruff of The Information Market Permission is granted only to ARMLS® Subscribers for reproduction with attribution [..] Announces New Trader Counsel Services
LONDON - Jan. 25, 2016 - British financial news source has announced that it will now be offering the [..] Offers Free Advice For Getting Completely [..]
Everyone has some degree of debt to deal with. Some folks have a lot of it, and they need to [..]
Offshore Processing slashes credit card processing costs [..]
High risk and high volume merchants engaged in unconventional trades, such as Adult Content, Adult Goods, Online Casinos, Online [..]
Real-Estate-Yogi Offers Free Advice to Returning Veterans [..]
Veterans of the United States are returning from active duty and need places to live. It is up to lenders [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.