Wine Market by Product (Table Wine, Dessert Wine, Sparkling Wine), By Distribution Channel (On-trade, Off-trade), and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America), The Wine market size is projected to reach a CAGR of 6.6% to 2028.
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Wine is an alcoholic beverage made by the fermentation of grapes. The fermentation is carried out with the help of fungus know as yeast. Per 100gm of serving of wine contains about 83 calories.
Raised usage and adoption of wine amongst the youth are some of the factors that have supported long-term expansion for Wine Market.
Regional Analysis
Asia Pacific is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the raised customer base and the increased disposal income.
Key Players
· Asahi Group Holdings, Ltd.
· Beijing Yanjing Beer Group Corporation
· The Wine Group
· Castel Frères
· Accolade Wines
· E J Gallo
· Constellation Brands
· Treasury Wine Estate
· Vina Concha Y Toro
· Pernod Ricard and More
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Wine Market is segmented into product type, industry and region.
On the basis of Product Type
· Still Wine
· Sparkling Wine
· Fortified Wine
· Vermouthented
On the basis of Distribution Channel
· On-Trade
· Off-Trade
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
Reasons to Acquire
· Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
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· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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