Allied Market Research published a report, titled, “Red Wine Market by Type (Cabernet Sauvignon Wine, Merlot Wine, Syrah/Shiraz Wine, and Others), Pricing (Mass and Premium), and Distribution Channel (On-trade and Off-trade): Global Opportunity Analysis and Industry Forecast, 2021โ2028.” According to the report, the global red wine industry was estimated at $182.0 billion in 2020, and is anticipated to hit $278.5 billion by 2028, registering a CAGR of 5.4% from 2021 to 2028.
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐ง๐ต๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฃ๐๐ ๐ข๐ณ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.alliedmarketresearch.com/request-sample/13769
Drivers, restraints, and opportunities-
Increasing on-premise consumption and rapid premiumization drive the growth of the global red wine market. On the other hand, counterfeited wines and presence of alternative markets hamper the growth to some extent. However, growing preference for organic & biodynamic wine is expected to create lucrative opportunities in the industry.
๐ง๐ผ๐ฝ ๐๐ฒ๐ ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐๐ป๐ฐ๐น๐๐ฑ๐ฒ๐ฑ:
The Carlyle Group
Brown-Forman
Campari Group
Castel Winery Plc.
Caviro sca
Constellation Brands, Inc.
Rรฉmy Cointreau
The Wine Group
Treasury Wine Estates, and Viรฑa Concha y Toro.
๐๐๐ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ (๐ฏ๐ญ๐ฌ ๐ฃ๐ฎ๐ด๐ฒ๐ ๐ฃ๐๐ ๐๐ถ๐๐ต ๐๐ป๐๐ถ๐ด๐ต๐๐, ๐๐ต๐ฎ๐ฟ๐๐, ๐ง๐ฎ๐ฏ๐น๐ฒ๐, ๐ฎ๐ป๐ฑ ๐๐ถ๐ด๐๐ฟ๐ฒ๐): https://www.alliedmarketresearch.com/checkout-final/156bb319996ba56ac44840aa1ef2a9de
๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป๐ฎ๐น ๐ข๐๐๐น๐ผ๐ผ๐ธ:
Europe, followed by North America, garnered the major share in 2020-
Based on geography, Europe, followed by North America, garnered the highest share in 2019, holding around half of the global red wine market. Growing demand for premium and high-quality red wine boosts the market growth in this province. Simultaneously, the market across Asia-Pacific would showcase the fastest CAGR of 7.0% during the forecast period. In Asia-Pacific, the alcoholic beverages market is driven by growth factors such as modernization, adult population, disposable income and premium products.
๐ฅ๐ฒ๐ฎ๐๐ผ๐ป ๐๐ผ ๐๐๐:
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Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global Red Wine Market.
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Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
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The key findings and recommendations highlight crucial progressive industry trends in the Red Wine Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
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Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
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Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth to a certain extent.
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Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
๐๐ป๐พ๐๐ถ๐ฟ๐ฒ ๐๐ฒ๐ณ๐ผ๐ฟ๐ฒ ๐ฃ๐๐ฟ๐ฐ๐ต๐ฎ๐๐ถ๐ป๐ด ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.alliedmarketresearch.com/purchase-enquiry/13769
Based on product type, the Cabernet Sauvignon segment accounted for around one-third of the global red wine market share in 2019, and is expected to lead the trail by the end of 2028. Cabernet sauvignon is known for being relished better with food than without food. Its suitable experience with food has enriched its demand in the food sector. The merlot segment, on the other hand, would cite the fastest CAGR of 7.4% from 2021 to 2028. This is because merlot wine is famous for having a plummy taste and notes of chocolate. It is also considered to be smooth and easy to drink which attracts the consumer to crave for it even more.
๐๐ต๐ฒ๐ฐ๐ธ ๐ผ๐๐ ๐บ๐ผ๐ฟ๐ฒ ๐ฟ๐ฒ๐น๐ฎ๐๐ฒ๐ฑ ๐๐๐๐ฑ๐ถ๐ฒ๐ ๐ฝ๐๐ฏ๐น๐ถ๐๐ต๐ฒ๐ฑ ๐ฏ๐ ๐๐ ๐ฅ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต:
Craft Beer Market – https://www.alliedmarketresearch.com/craft-beer-market
Alcohol Gummies Market – https://www.alliedmarketresearch.com/alcohol-gummies-market-A31830
Malt Drink Market – https://www.alliedmarketresearch.com/malt-drink-market-A11004
๐๐ฏ๐ผ๐๐ ๐จ๐
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of โMarket Research Reportsโ and โBusiness Intelligence Solutions.โ AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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