openPR Logo
Press release

Red Wine Market: Future Forecast Indicates Impressive Growth Rate Till 2022 with Top Key Companies Accolade Wines Australia Limited., Casella Family Brands, Cavrio, Concha y Toro

03-19-2019 11:11 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Red Wine Market: Future Forecast Indicates Impressive Growth

Discerning consumer tastes, a rising disposable income, increased urbanization, and the popularity of different wine varieties for all sorts of social events and gatherings directly benefit the red wine market. Red wine finds a ready customer base in both the younger as well as older demographic as a substitute for ‘hard drinks’ and a healthy lifestyle alternative respectively. Wine consumption and production has noticeably increased in emerging markets and technological advancements in developed ones have given rise to new and unique flavors and textures in the red wine market.

According to Fact.MR, the red wine market is likely to record a modest CAGR of 2.7% from 2017-2022 and grow to just over US$ 77 billion by the end of the study.

Click here for Free Sample Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=160

Shiraz and Merlot Most Popular Products in the Red Wine Market

Shiraz and Merlot are the two most popular products as both have a revenue share in excess of 13% in the red wine market. The Shiraz wine segment is anticipated to be worth almost US$ 11.7 billion by end 2022 and key stakeholders in the red wine market are recommended to take note of this. With respect to Merlot, Europe alone accounts for more than half the regional contribution in the red wine market and is projected to retain its share throughout the duration of the forecast period.

Similar opportunity in Cabernet Sauvignon and Pinot Noir Products

A similar market opportunity exists in the Cabernet Sauvignon and Pinot Noir product segment in the red wine market as both have a roughly equal contribution. Even though Europe is the largest region in the Cabernet Sauvignon segment by a considerable margin, companies could seek to diversify by targeting Latin America as the region is predicted to grow with the highest CAGR of 4% from 2017 to 2022. With respect to Pinot Noir wines, APEJ is the second-most lucrative region after Europe.

View Full Report with Table of Content: https://www.factmr.com/report/160/red-wine-market

Modern Trade Segment Lucrative Channel in the Red Wine Market

The modern trade segment represents a revenue share of over 1/3rd the red wine market making it a segment too large to ignore. The modern trade segment in Europe is larger than that of North America, Latin America, and APEJ combined, making it perfectly understandable if companies decided to focus all their attention on this dynamic region in the red wine market.

Competition Dashboard

Fact.MR has profiled some of the prominent companies in the red wine market which are Accolade Wines Australia Limited, Casella Family Brands, Caviro, Viña Concha y Toro SA, Constellation Brands, Diageo Plc, E&J Gallo Winery, Grupo Peñaflor, The Wine Group, and Treasury Wine Estates.

For any query get easily connect with an Analyst: https://www.factmr.com/connectus/sample?flag=AE&rep_id=160

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at - https://www.industrynewsanalysis.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Red Wine Market: Future Forecast Indicates Impressive Growth Rate Till 2022 with Top Key Companies Accolade Wines Australia Limited., Casella Family Brands, Cavrio, Concha y Toro here

News-ID: 1661721 • Views:

More Releases from Fact.MR

Insights into the Medical Gloves Market to Exceed US$ 27 Billion by 2034
04-19-2024 | Health & Medicine
Fact.MR
Insights into the Medical Gloves Market to Exceed US$ 27 Billion by 2034
The global medical gloves market (医療用手袋市場) is projected to reach a valuation of over US$ 27,141.5 million by 2034, growing from an estimated worth of US$ 11,299 million in 2024, with a forecasted compound annual growth rate (CAGR) of 9.2% until 2034. The increasing emphasis on hygiene and infection control, particularly in healthcare environments, is driving demand for medical gloves. This demand is further fueled by stringent regulations governing healthcare standards.
Aerial Inspection Services Market is accelerate at a CAGR of 17.5% to top US$ 9.5 billion by 2033.
Aerial Inspection Services Market is accelerate at a CAGR of 17.5% to top US$ 9. …
The global Aerial Inspection Services is expected to reach a value of US$ 1.9 billion and is projected to grow at a compound annual growth rate (CAGR) of 17.5% over the next decade, reaching US$ 9.5 billion by 2033.Drone inspection services dominate this market, accounting for approximately 90.0% of the total aerial inspection services sector. Moreover, this segment represents a significant portion, around 25.0%, of the broader drone services market,
Bioink Market Expected to Reach US$ 1.03 Billion by 2034 with 18.8% CAGR
04-19-2024 | Health & Medicine
Fact.MR
Bioink Market Expected to Reach US$ 1.03 Billion by 2034 with 18.8% CAGR
In 2024, the global bioink market (バイオインク市場) is estimated at US$ 185.6 million. Forecasts project a remarkable Compound Annual Growth Rate (CAGR) of 18.8%, catapulting the demand for bioinks to reach a substantial market value of US$ 1.03 billion by 2034. Recent years have witnessed a consistent rise in the necessity for organ replacements and tissue regeneration. Innovations in these fields are anticipated to facilitate the transformation of damaged tissues into
Bonded Magnet Market is forecast to reach a valuation of US$ 10.9 Billion by 2032
Bonded Magnet Market is forecast to reach a valuation of US$ 10.9 Billion by 203 …
The Bonded Magnet Market is currently valued at around US$ 5.1 billion, and it is expected to experience substantial growth in the coming years. Projections suggest that the market will reach a valuation of US$ 10.9 billion by 2032, growing at an impressive compound annual growth rate (CAGR) of 7.8% from 2022 to 2032. Bonded magnets play a significant role in the global magnet market, accounting for approximately 14% of its

All 5 Releases


More Releases for Wine

Enotourism Market Is Expected to Boom | Great Oregon Wine Tour; Bulgaria Wine To …
This report studies the Enotourism market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Enotourism market analysis segmented by companies, region, type and applications in the report. New vendors in the market are facing tough competition from established international vendors as they
Global Rice Wine Market 2020-2028: Trend, Status Growth, Opportunity, Key Player …
Rice Wine is made by yeast-induced fermentation of glutinous rice starch that has been converted to sugars. It is an alcoholic beverage fermented and concentrated from rice. Rice wine is a clear wine prepared from fermented rice and is famous for its strong, unique taste. Its variants are rapidly gaining popularity in the wine markets around the world. Rice Wine Market is anticipated to grow at a CAGR of +3% during
Wine Logistics Market Report 2018: Segmentation by Product (Transportation, Ware …
Global Wine Logistics market research report provides company profile for Kerry Logistics, Wine Logistics International, DB Schenker, Mainfreight, Hellmann Worldwide Logistics, JF Hillebrand Group and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The
Wine Auction News - Langton Wine Auctions Sydney -Wine-Stocks 2017-09-20
Recommended investment wines were grounded on, wine trading day at Langtons Wine Auction, Sydney with mixed results The auction room at Langtons Wine Auction was carefully prepared, the bidders flooded into the auction room, after the wine tasting was finished. There were more then 500 lots offered and the wine auction closed with some remarkably results. The largest share of the complete range at the wine trading day, got wine bottles from
Global Fruit Wine Market market share and growth rate 2017 Fermented Fruit Wine, …
In this report, the global Fruit Wine market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Fruit Wine in these regions, from 2012 to 2022 (forecast), covering North
Global Rice Wine Market 2017 - Kuaijishan Shaoxing Rice Wine, Zhejiang Shanhao W …
Global Rice Wine Market 2017, presents a professional and in-depth study on the current state of the Rice Wine market globally, providing basic overview of Rice Wine market including definitions, classifications, applications and industry chain structure, Rice Wine Market report provides development policies and plans are discussed as well as manufacturing processes and cost structures. Rice Wine market size, share and end users are analyzed as well as segment markets