Wine Market PDF: Research Report, Market Share, Size, Trends, Forecast by 2028

1. Global Wine Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

2. Report DescriptionAbout IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Global Wine Market Research Report: The latest report by IMARC, titled “Wine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” " the global wine market reached a value of US$ 458.5 Billion in 2022. Wine is a brewed alcoholic beverage prepared by harvesting, crushing, pressing, distilling, and fermenting the juice extracted from grapes. During its aging process, various additional condiments, including aromatics, water, calcium carbonate, sulfur dioxide, potassium sorbate, and metabisulfite, are also incorporated into the product to inhibit enzymatic browning. At present, wine is broadly categorized into rose, still, dessert, sparkling and fortified product types. Wine is rich in antioxidants that assist in preventing cardiovascular diseases (CVDs), lowering bad cholesterol, regulating blood sugar levels, and reducing depression and anxiety. As a result, it is frequently consumed directly or used as a key ingredient to intensify the flavor and aroma of various dishes. Request Free Sample Report: https://www.imarcgroup.com/wine-market/requestsample

4. Report Description and Highlights Report Description Global Wine Market Trends: The global wine market is primarily driven by the increasing consumption of various alcoholic beverages due to the emerging trend of socializing in socio-cultural environments, including clubs and bars. This is further influenced by rapid urbanization, inflating income levels, and the rising premiumization of the drink for catering to the evolving consumer preferences. In line with this, the extensive incorporation of distinct biotechnological approaches, including a two-step process to brew wine twice by adding yeast and sugar to enhance product quality, is acting as another growth-inducing factor. Additionally, the advent of low-calorie, marijuana-infused wines with diverse flavor profiles to provide a better drinking experience to consumers is contributing to the market growth. Moreover, the widespread adoption of various online distribution channels and e-commerce platforms to sell and purchase wine, especially during the COVID-19 pandemic, is impelling the market growth. Furthermore, the growing western-cultural influences on emerging economies, supported by the launch of sparkling and still wines due to their rising demand, is positively stimulating the market growth. Other factors, such as ongoing celebrity endorsements, fueling establishment of wineries, escalating awareness amongst consumers regarding the health benefits of wine, and strategic collaborations amongst key players to engineer novel product variants with enhanced taste in innovative packaging solutions, are creating a positive outlook for the market. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 635.8 Billion by 2028, growing at a CAGR of 5.5% during 2023-2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

5. Report Description and Highlights Report Description Market Summary: Breakup by Product Type: • Still Wine • Sparkling Wine • Fortified Wine and Vermouth Breakup by Color: • Red Wine • Rose Wine • White Wine Breakup by Distribution Channel: • Off-Trade • Supermarkets and Hypermarkets • Specialty Stores • Online Stores • Others • On-Trade

6. Report Description and Highlights Report Description Breakup by Region: • North America • United States • Canada • Asia-Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe • Germany • France • United Kingdom • Italy • Spain • Russia

7. Report Description and Highlights Report Description • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa

8. Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • • Accolade Wines Asahi Group Holdings Ltd. Bacardi Limited Bronco Wine Company Castel Frères Chapel Down Group PLC Constellation Brands Inc. E. & J. Gallo Winery Foley Family Wines Pernod Ricard The Wine Group Treasury Wine Estates Limited. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/wine-market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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