United States Wine Market Report 2022-2027, Size, Share, Growth, Trends and Forecast

According to IMARC Group's latest report, titled "United States Wine Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," The United States wine market is expected to exhibit a CAGR of 6.49% during 2022-2027.

Report Metric
Historical: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

A fermented fruit juice mixture, such as that from cranberries, grapes, apples, blueberries, kiwis, raspberries, or plums, is used to make wine, an alcoholic beverage. As a result of an imbalance between antioxidants and free radicals, it aids in reducing oxidative stress. Wine also includes resveratrol, which has a number of anti-inflammatory benefits. As a result, it reduces inflammation and guards against conditions including cancer, diabetes, Alzheimer's, and Parkinson's. Additionally, drinking wine improves brain and gastrointestinal health, cognitive function, and other factors.

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Market Trends:

The growing consumer awareness towards numerous associated benefits of the product as compared to other alcoholic beverages is primarily driving the United States wine market. Moreover, the escalating demand for nutrition-packed drinks that are easily available via online and offline distribution channels is stimulating the market growth. Besides this, the premiumization of wine products with high-quality ingredients and appealing packaging is acting as another significant growth-inducing factor. Additionally, the rising utilization of champagne, cognac, fruit-berry wines, etc., is further augmenting the market growth across the country. Apart from this, the leading manufacturers are extensively investing in R&D activities to introduce product variants in enhanced flavors, such as still, sparkling, red, rose, white, etc., and also focusing on adopting aggressive promotional strategies to increase their overall profitability, which is anticipated to fuel the United States wine market over the forecasted period.

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The report has segmented the market on the basis of product type, color, distribution channel, end-use industry and region.

Breakup by Product Type:

Still Wine
Sparkling Wine
Fortified Wine and Vermouth

Breakup by Color:

Red Wine
Rose Wine
White Wine

Breakup by Distribution Channel:

Off-Trade
Supermarkets and Hypermarkets
Specialty Stores
Online Stores
Others
On-Trade

Breakup by Region:

Northeast
Midwest
South
West

Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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This release was published on openPR.