This report offers:
- Consumer data based on proprietary surveys and consumer group tracking and modeling for the following specific categories: Fortified Wine, Sparkling Wine, and Still Wine.
- Detailed consumer segmentation covering 26 consumer groups, 20 consumer trends, and consumption frequency for each product category.
- Consumer penetration for brands and private labels, based on the original survey results augmented with subsequent consumer tracking and modeling.
- Unique retailer choice data at the product category level, again based on the original survey results’ augmentation with consumer tracking and modeling.
This will facilitate:
- A clear understanding of who is consuming what and what is motivating this consumption.
- Accurate quantification of the impact of consumer trends on specific segments of the market, as well as the market as a whole.
- The informed updating of marketing tactics and strategic planning based on the very latest consumer behaviour.
Complete report available @ http://www.rnrmarketresearch.com/the-german-wine-market-what-consumers-drink-and-why-market-report.html .
Indulgence is having the Greatest
Impact on Consumer Behavior in the German Wine market.
As economic
and societal change drives incremental evolution of behavioral patterns,
consumers’ consumption patterns can undergo changes as a result of a multitude
of different trends: from indulgence to media influence, from aspirations for
healthy lifestyles to the shifting state of gender roles, an understanding of
which segments of society are consuming which products and why provides
companies with an invaluable insight into the motivating forces of the market,
allowing them to position their products with maximum efficiency and reap the
greatest rewards.
The report – The German Wine Market: What Consumers Drink
and Why? – is the result of its unique, highly detailed, and proprietary study of
consumers’ Soft Drinks consumption habits, offering highly segmented data on
the influence of 20 consumer trends on 26 consumer groups within the Wine
sector. Together with its provision of consumer penetration data for brands and
private labels, and unique retailer choice data at the product category level –
both of which augment original survey results with subsequent consumer tracking
and modeling – this report answers the key questions integral to any Consumer
Packaged Goods organization’s success: who
is consuming what, and what is motivating this consumption? With its
accurate quantification of the impact of consumer trends on specific segments
of the market, The German Wine Market: What Consumers Drink and Why? Facilitates informed updating of marketing tactics
and strategic planning, and should be considered required reading for those
serious about capitalizing on the opportunities in Germany’s Wine market.
Request a sample copy @ http://www.rnrmarketresearch.com/contacts/request-sample?rname=127361
.
Some key
insights include:
- consumer confidence increases proportionally to economic recovery, consumer trends will be directly affected. Since the global financial crisis of 2008–2009 the retail market has been characterized by an increase in the amount of discounted and own-brand products. Wines are not considered essential items and therefore consumption patterns have been negatively affected. As economic and market recovery continues over 2012, consumption patterns will record a positive trend in both the medium and heavy frequency bands and the amount of non-users should decrease
- The Better Off and Moderate Income wealth groups are the largest in the German Wine markets, indicating strong potential for mass market products.
- Still Wine has a significant market share, 70%, in the overall Wine market in Germany in terms of both value and volume.
- Urban consumers account for the majority of the German population and Wine consumption. As such, producers should take into account urban trends when marketing their products.
- Still Wine is the largest Wine category in the German market, comprising over half of the total value and volume. This is due to Still Wine’s more habitual consumption, with Sparkling Wine and Fortified Wine traditionally reserved for special occasions.
- Few Germans consume Fortified Wine, with consumption frequency particularly low among Early Young Adults and at similar levels across all other age groups.
The German
Wine market is characterized by women accounting for a higher market share in
terms of both value and volume. This is because men tend to have a wider range
of alcoholic beverages targeted at them, such as beer, lager, and whiskey.
Purchase a copy of this report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=127361 .
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