Press release
Fortified Wine Market is Likely to Increase at a Significantly High CAGR during Forecast Period 2031 | Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc.
Chinese per capita consumer spending increased by 5.4% year-on-year in real terms to reach nearly $826 in the first quarter of 2019. This rising per capita income is further supporting to drive the market growth in the country. This, in turn, is expected to contribute to the adoption of premium fortified wine products. Further, the adoption of fortified wine are being primarily led by significant alcoholic consumption across the countries and increasing demand for beverages with different natural flavors. Millennials are primarily buying innovative alcoholic beverages products and therefore, the manufacturers are using natural flavors that enables to enhance the taste and fragrance of their alcoholic beverages.
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Market Coverage
Market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Fortified Wine Market- Segmentation
By Type
Port Wine
Sherry
Vermouth
Madeira
Others
By Distribution Channel
Online
Offline
A full report of Fortified Wine Market available @ https://www.omrglobal.com/industry-reports/fortified-market
Fortified Wine Market- Segment by Region
North America
United States
Canada
Europe
Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
Atsby Vermouth
Bacardi Ltd.
Backsberg
Contratto s.r.l.
Davide Campari-Milano S.p.A.
& J. Gallo Winery
Fratelli Gancia & C. S.p.A.
Imbue Cellars
Liberty Wines Ltd.
Sogevinus Fine Wines S.L.
Sogrape Group
Symington Family Estates Vinhos SA
Taylor's Port
The Dolin Co.
The Wine Group
Vinbros and Co.
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We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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