Press release
Wine Fining Agent Market Future Innovation Strategies 2031
๐๐ข๐ง๐ ๐ ๐ข๐ง๐ข๐ง๐ ๐๐ ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค ๐๐๐๐โข The global wine fining agent market was valued at US$ 636.6 Mn in 2021
โข It is predicted to grow at a CAGR of 5% from 2022 to 2031
โข The global wine fining agent market is expected to cross value of US$ 1 Bn by the end of 2031
๐๐ข๐๐ฐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.transparencymarketresearch.com/wine-fining-agent-market.html
๐๐ข๐ง๐ ๐ ๐ข๐ง๐ข๐ง๐ ๐๐ ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
โข The global wine fining agents market is currently valued at US$ 636.6 Mn and is expected to grow at a CAGR of 5% for the forecast period of 2021-2031.
โข South Asian market for wine fining agents is valued at US$ 34.8 Mn in 2021 and is expected to reach US$ 57 Mn by 2031.
โข Based on agent type, bentonite holds a majority volume share of nearly 45% with 16,876.2 metric tons followed by animal-sourced fining agents covering the market share with 30%. The overall volume-based agent type segment is expected to grow at a CAGR of 3.7%.
โข In Latin America, Chile holds the largest market share in the wine fining agent market that is US$ 26.7 Mn, followed by Brazil US$ 16.9 Mn and Mexico US$ 11.8 Mn. The region exhibits the highest volume CAGR of 4.8% during the forecast period for wine fining agents attributable to the increased spending of the consumers on premium wines and the increasing number of working-class professionals in this region.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=39638
๐๐ข๐ง๐ ๐ ๐ข๐ง๐ข๐ง๐ ๐๐ ๐๐ง๐ญ: ๐๐๐ซ๐ค๐๐ญ ๐ ๐ซ๐จ๐ง๐ญ๐ซ๐ฎ๐ง๐ง๐๐ซ๐ฌ
Based on wine type, red wine holds a value share of more than 60% of the overall market. The use of wine fining agents in red wine is valued at US$ 400.3 Mn in 2021 and is expected to reach US$ 669.7 Mn by 2031.
Based on agent type, Polyvinylpolypyrrolidone (PVPP) has the highest value CAGR of 6.4%. The use of PVPP in wine fining is expected to increase and reach US$ 159.86 Mn by 2031.
Oceania's market for wine fining agents is expected to grow with a CAGR of 5.8%. The region holds nearly 12% of the global consumption of wine fining agents as it is one of the major wine producers in the world.
Improvement in the economic conditions of various countries has led to increased disposable incomes and higher standards of living, which have contributed to the rising trend of premiumization and consumption of alcoholic beverages.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=39638
๐๐ข๐ง๐ ๐ ๐ข๐ง๐ข๐ง๐ ๐๐ ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
Some of the key players in the market include AEB Group SpA, Agrovin, ATP Group, Dal Cin SpA, Enologica Vason, Erbsloh Geisenheim AG, Enartis, EVER s.r.l., Gusmer Enterprises Inc., LAFFORT, Lamothe-Abiet, Lesaffre, Presque Isle Wine Cellars, Sofralab, Tidal Vision Products Inc., etc.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=39638
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๐๐จ๐ง๐ญ๐๐๐ญ:
Rohit Bhisey
Transparency Market Research Inc.
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