The global Red Wine market was valued at 10663.21 Million USD in
2021 and will grow with a CAGR of 2.87% from 2021 to 2027, based on
HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market vendors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Wine is one of the most popular alcoholic beverages which is prepared by the fermentation of grape juice. Red wine is made up of the black varieties of grapes that are highly pigmented and are rich in anthocyanin and tannins. Aging of the fermented wines gives the wine their unique color which varies from brick red (for mature wine) to darker brown for older wines. Red wines are stored in barrels for aging and to further increase the alcohol content to the desired level. Red wines are found to be rich in anti-oxidants which adds to the health benefits obtained from red wines when consumed in the right amount.The global red wine market is segmented into North America, Europe, Asia Pacific, and the rest of the world (RoW). Europe is dominating the red wine market followed by North America. The U.S. in the North American region is experiencing a high demand for red wine owing to the shift in consumers` alcohol consumption preference and high inclination towards meeting the social dynamics. Asia Pacific is the fastest growing region for the red wine market owing to improved disposable income and rising demand for alcoholic beverages from the emerging markets of India and China.
By Market Vendors:
Viсa Concha y Toro S.A. (Chile)
E & J Gallo Winery (US)
The Wine Group (US)
Treasury Wine Estates (Australia)
Grupo Peсaflor S.A. (Argentina)
Diageo plc (U.K.)
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report
includes Global & Regional market status and outlook 2016-2027.
Further the report provides break down details about each region
& countries covered in the report. Identifying its sales, sales
volume & revenue forecast. With detailed analysis by types and
Market Trends: Market key trends which include
Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing
Demands and New Technology
Porters Five Force Analysis: The report provides
with the state of competition in industry depending on five basic
forces: threat of new entrants, bargaining power of suppliers,
bargaining power of buyers, threat of substitute products or
services, and existing industry rivalry.
Key Reasons to Purchase
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Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
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To understand the future outlook and prospects for the market.
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