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Icewine Market 2020: Future Development, COVID-19 Impact, Manufacturers, Demands and Revenue Report discussed in a new market research report

01-05-2021 06:59 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Icewine is a dessert wine produced from grapes that have been frozen. The sugars and other dissolved solids do not freeze, but the water in the grapes freezes, allowing for a more concentrated grape juice to develop. The grapes juice is pressed from the frozen grapes, resulting in a smaller amount of more concentrated, very sweet wine. In icewines production, the freezing happens before the fermentation. Icewine production is risky and requires a large labor force to pick the whole crop within a few hours. This results in relatively small amounts of ice wine being made worldwide, making ice wines generally expensive.

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Key Players:
1. Pillitteri Estates
2. Pelee Island
3. Peller Estates
4. Kittling Ridge
5. Reif Estate Winery
6. Jackson-Triggs
7. Riverview Cellars Estate
8. Chateau Ste. Michelle
9. Joseph's Estate Wines
10. Konzelmann Estate Winery

Market Dynamics:
Consumption of icewine in social gatherings and celebrations has become a status symbol and very popular in developed countries, which is the primary reason for the increasing demand for icewine. Moreover, the high dispensable income of consumers and growth in the promotional and marketing strategies provides growth opportunities for the major market players. However, the high cost of production and the higher price of icewine is projected to hamper the overall growth of the icewine market.

Market Segmentation:
The global icewine market is segmented on the basis of type and application. On the basis of type, the icewine market is segmented into white ice wine and red ice wine. Based on application the market is segmented into daily meals, social occasions, entertainment venues, and others.

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Regional Outlook:
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global icewine market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The icewine market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the icewine market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the icewine market in these regions.

Sameer Joshi
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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