According to a new report published by Allied Market Research, titled, “Red Wine Market by Product Type, Pricing, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2028,” The red wine market size was valued at $182.0 billion in 2020, and is projected reach $278.5 billion by 2028, registering a CAGR of 5.4% from 2021 to 2028.
The key red wine market players are investing into packaging and labeling to get distinctiveness and centrality in their products. Moreover, the key players are coming up with new packaging styles which are handy and attractive. Likewise, in Australia, some market players introduced red wine packaging in can and are selling their wines in 250 ml cans with ring-pull tabs. In addition, the cans are made of aluminum and have a shelf life of five years, and are convenient for single or two-glass servings.
𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲:
https://www.alliedmarketresearch.com/request-sample/13769
Key Market Segments
By Type
- Cabernet Sauvignon wine
- Merlot wine
- Syrah/ Shiraz
- Others
By Pricing
- Mass
- Premium
By Distribution Channel
- On-trade
- Off-trade
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Russia
- Portugal
- Rest of Europe
- Asia-Pacific
- India
- China
- Japan
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- South Africa
- Rest of LAMEA
𝗕𝘂𝘆 𝗡𝗼𝘄 & 𝗚𝗲𝘁 𝗘𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗗𝗶𝘀𝗰𝗼𝘂𝗻𝘁: https://www.alliedmarketresearch.com/checkout-final/57ce78d2686df1cf0b981ef91df0ca45
Major Key Players:
Some of the major players profiled in the red wine market analysis include The Carlyle Group, Brown-Forman, Campari Group, Castel Winery Plc., Caviro sca, Constellation Brands, Inc., Rémy Cointreau, The Wine Group, Treasury Wine Estates, and Viña Concha y Toro.
The red wine market is segmented on the basis of product type, pricing, distribution channel, and region. By product type, the market is categorized into cabernet sauvignon wine, merlot wine, syrah/shiraz wine, and others. By pricing, the market is divided into mass and premium. By distribution channel, the market is categorized into on-trade and off-trade. Region wise the market is categorized into North America (U.S., Canada and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia, Portugal. and rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific) and LAMEA (Brazil, Argentina, South Africa, and rest of LAMEA).
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