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Flavoured Wine Industry Value accounted for USD 1.2 Billion by 2022, Driven by the increasing popularity among millennial and Gen Z consumers during the forecast, 2023-2033

06-28-2023 09:12 PM CET | Industry, Real Estate & Construction

Press release from: Evolve Business Intelligence

Flavoured Wine Industry Value accounted for USD 1.2 Billion

According to the report, the global Flavoured Wine market accounted for a market size of USD 1.2 Billion in 2022, growing at a CAGR of 2.3% from 2023 to 2033. The flavored wine market refers to the global industry for wines that have been infused or flavored with various natural or artificial ingredients to enhance their taste and aroma. Flavored wines offer a unique and diverse range of flavors beyond traditional gra pe varietals, appealing to consumers looking for new and exciting taste experiences.
The flavored wine market is expected to continue growing as consumers seek innovative and flavorful options in the wine industry. Wine producers will continue to innovate and develop new flavor profiles to meet the evolving tastes and preferences of consumers, further expanding the range of choices in the flavored wine market.
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Key Highlights:
• The global Flavoured Wine Market size was valued at USD 1.2 Billion in 2022 growing at a CAGR of 2.3% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence is going to publish a new market research report providing market analysis that examines and evaluates the current and future conditions to identify trends, opportunities, and potential risks that may impact the performance of businesses operating within that market. This analysis typically involves collecting and analyzing data related to various factors such as economic indicators, consumer behavior, technological advancements, and regulatory policies that affect the market.
In terms of COVID-19 impact, the Flavoured Wine market report also includes the following data points:
• COVID-19 Impact on Flavoured Wine market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Flavoured Wine market
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Key Players
Some of the major Flavoured Wine players holding high market share include Accolade Wines, The Wine Group, Davide Campari-Milano S.p.A., E. & J. Gallo Winery. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Accolade Wines
• The Wine Group
• Davide Campari-Milano S.p.A.
• E. & J. Gallo Winery
• Constellation Brands, Inc.
• John Distilleries
• Castel Group
• CDV
• Compagnia del Vino
• AMVYX
• BACARDI
• Pernod Ricard
• TREASURY WINE ESTATES
• Caviro
• Miguel Torres S. A.
• Concha y Toro
• Sula Vineyards Pvt. Ltd
Segmental Analysis
Market Segment By Type with focus on market share, consumption trend, and growth rate of Flavoured Wine Market:
• Still Wines
• Sparkling Wines
• Fortified Wines
• Others
Based on Type, sparkling wines currently hold the largest market share in the Flavoured Wine market.
Market Segment By Colour with focus on market share, consumption trend, and growth rate of Flavoured Wine Market:
• Red Wine
• White Wine
• Rose Wine
• Others
Based on Colour, The Red Wine segment holds the largest market share in the Flavoured Wine market.
Market Segment By Body Type with focus on market share, consumption trend, and growth rate of Flavoured Wine Market:
• Full-Bodied
• Light-Bodied
• Medium-Bodied
Based on Body Type, The Full-Bodied segment holds the largest market share in the Flavoured Wine market.
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Global Flavoured Wine Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Industry and Market Understanding: This report provides a comprehensive overview of a particular industry or market, including its size, trends, key players, and future outlook. By purchasing this research report, you can gain a better understanding of the industry you are operating in or considering entering.
• Competitive Intelligence: This report provides detailed information on competitors, including their strengths and weaknesses, market share, financial analysis, key developments and strategies adopted, and product offerings. This information can help businesses develop effective competitive strategies.
• Investment Decisions: This report helps investors make informed decisions by providing data on market size, growth potential, and key trends. This information can be useful for identifying investment opportunities and evaluating risk.
• Regulatory Compliance: This report includes information on regulatory policies and requirements that affect a particular industry or market. This can be valuable information for businesses seeking to comply with regulations and avoid potential legal issues.
Overall, Flavoured Wine market research reports provide valuable insights and information that can help businesses and individuals make informed decisions in a rapidly changing global marketplace.

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.

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