Still Wine Market Current Scenario and Future Growth Analysis by 2027

Still wine is a kind of table wine, which is specially treated to remove carbon dioxide, in order to make it non bubbly or fuzzy. Grapes are the most widely used raw material for still wine manufacturing. Manufacturing of still wine includes various processes such as sorting of raw material, crushing, maceration & pressing, fermentation, maturation, bottling, and bottle aging. Majority of wines are developed for immediate drinking, whereas some wines are manufactured to get benefits from bottle aging in optimum cellar conditions.

Increasing popularity of alcoholic beverages such as wine and beer in the high millennial population (above the legal drinking age) is expected to be the major factor for growth of the market. According to Millennial Engagement Initiative Report 2017, in 2014, over 36% of the U.S. workforce comprises millennial generation and nearly half (46%) of all the U.S. work force is projected to be millennial by 2020. Such factors are projected to create conducive environment for growth of the still wine market over the forecast period.

Request For Sample Copy of this Report : https://www.coherentmarketinsights.com/insight/request-sample/1579

Moreover, increasing investment by leading market players to expand wine production capacity to better serve the needs of local customers is an important factor for growth of the market. For instance, in November 2016, Accolade wines invested US$ 40 million into Berry Winery, to establish new packaging and glass bottling plant. The new facility possesses a bottling capacity of 8 million cases of wine annually.

Market Taxonomy

On the basis of product type, global still wine market is segmented into:
Still Red Wine
Still White Wine
Still Rose Wine

On the basis of distribution channel, global Still Wine market is segmented into:
Hypermarkets
Supermarkets
Specialty Stores
Online Stores
Others

Request Discount of This Report:
https://www.coherentmarketinsights.com/insight/request-discount/1579

Key players operating in the global still wine market include E. & J. Gallo Winery, Constellation Brands, Inc., Miguel Torres S. A., The Wine Group Inc., Treasury Wine Estate, Castel Group, Accolade Wines, Concha y Toro, and among others.

Contact Us:
Name: Mr. Shah
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com
Visit Our Blogs: https://blog.coherentmarketinsights.com

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

This release was published on openPR.