Wine Market 2019-2025: Trends, Analysis, Industrial Overview, Research Report by Top Manufacturer(The Wine Group, Bacardi Limited, Constellation Brands, Treasury Wine Estates, Caviro, Grupo Penaflor, E. & J. Gallo Winery)

Wine is an alcohol based drink that is usually made from grapes and is mainly directly consumed, while also extending its use for cooking purpose and religious rites. The changing consumer lifestyle and the growing awareness of the health benefits of wine has further led many consumers shift from beer and spirit based drinks to wine. The calorie content in beer is about 1.3 times more than that of wine resulting in many calorie and health conscious consumers shifting from beer to wine.

Although the major consumer base stands to be the middle and older age group, there is a growing demand amongst the millennial which is further helping the market to grow. In the US, over 80% of the millennial population and 75% of the Gen X population prefer dining outside compared to around 70% for the baby boomers. It is also noticed that the percentage of wine drinkers for millennials has increased by over 10.5% compared to just 5.5% for baby boomers showcasing a gradual shift in target customer group.

Free PDF Sample Brochure @ https://decisionmarketreports.com/request-sample?productID=982035

Market Dynamics

In terms of revenue, the wine market is expected to expand at a CAGR of over 3.23% during the forecast period (2017-2025). According to a study conducted by Coherent Market Insights, the still wine segment is estimated to reach $255.66 billion by the end of 2017. The demand for fortified wine is expected to increase while sparkling wine stands to be the fastest growing segment over the forecast period. For instance, demand for new flavors such as marijuana infused wine and people opting for strong alcohol content are helping the market for fortified wine to grow. However, rising import duties in countries such as Australia and Russia and economic instability will act as a major hindrance in the market during the forecast period. For instance, the price of wine increased by 3% in UK, an increase by around 1% over the past two years post Brexit.

Market Taxonomy

The wine market is segmented on the basis of product type and color. Both red and white wine will continue to witness surge in sales owing to the changing lifestyle patterns, ordering wine at social gatherings, the health benefits associated with it and different activities carried out by the government to promote the wine industry. Although Europe contributed over 63% of the global wine consumption in 2016, APAC stands to be the fastest growing market and is forecasted to grow at a CAGR of around 7% followed by Latin America with CAGR of 5%.

Know More About Wine Market @ https://decisionmarketreports.com/market-reports/982035/wine-market

Key features of the study:

• This report provides in-depth analysis of wine market and provides market size (US$ Billion) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025), considering 2016 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
• It profiles leading players in the global wine market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans

Key companies covered as a part of this study include E. & J. Gallo Winery, Concha y Toro, The Wine Group, Bacardi Limited, Constellation Brands, Pernod Ricard, Treasury Wine Estates, Caviro, Grupo Penaflor.

Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, market expansion and marketing tactics
The wine market report caters to various stakeholders in this industry including investors, suppliers, wine manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the wine market

Detailed Segmentation:

Global Wine Market, By Product Type:
• Still wine
• Sparkling wine
• Fortified wine

Global Wine Market, By Color:
• Red Wine
• White Wine
• Rose Wine

Table of Contents
1. Research Objective and assumption
o Research Objectives
o Assumptions
o Abbreviations

2. Market Purview
o Report Description
Market Definition and Scope
o Executive Summary
Market Snippet By Product Type
Market Snippet By Color
o Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis
o Market Dynamics
Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New Product Approvals/Launch
o Cost Tier Down Analysis
Continued…

About Us
Decision Market Reports is a one-stop solution, covers market research studies of all the industries, companies and regions. DMR aims at providing quality research, and insights about every market to helps our clients in taking right decisions. Our repository consists of most trending industry reports, niche areas, and leading company profiles. A comprehensive collection of reports is updated daily to offer hassle-free access to our latest updated report databases.

Contact Us
Gasper James
304, S Jones Blvd,
Las Vegas,
NV 89107, USA

US Toll Free +18666051052
Email: sales@decisionmarketreports.com
Web: http://decisionmarketreports.com/

This release was published on openPR.