Flavoured Wine Market: The global market is expected to grow at a CAGR of 4.35% during the forecasted period.

As per the study initiated by Evolve Business Intelligence, the global Flavoured Wine market size accounted for USD 340.28 Billion in 2022, growing at a CAGR of 4.35% from 2023 to 2033. The flavored wine market has experienced significant growth in recent years, driven by changing consumer preferences and a desire for more diverse and unique wine options. Flavored wines offer a range of flavors, including fruit-infused, botanical, and spice-enhanced varieties, catering to a wider audience. The market's expansion can be attributed to the increasing popularity of wine-based cocktails and the appeal of sweeter, more approachable wine options among younger consumers. This trend is expected to continue as the flavored wine market continues to innovate and cater to evolving consumer tastes.
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Key Highlights:
• The global Flavoured Wine Market size was valued at USD 340.28 Billion in 2022 growing at a CAGR of 4.35% 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 has recently released a new market research report on the Global Flavoured Wine Market. The report covers a wide range of aspects, such as market size and forecast, market dynamics, analysis of competitors' market share, value and volume of the market, SWOT analysis, product benchmarking, recent developments of key players, and potential opportunities. Additionally, the market has been assessed based on four indicators in the market dynamic chapter, including Drivers, Restraints, Key Trends, and Challenges.
In terms of COVID 19 impact, the Flavoured Wine market report also includes the following data points:
• COVID19 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 The Wine Group (U.S.), John Distilleries (India), International Beverage Holdings (Thailand) and Distell Group Limited (South Africa). 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:
o The Wine Group (U.S.)
o John Distilleries (India)
o International Beverage Holdings (Thailand)
o Distell Group Limited (South Africa)
o Halewood Wines International (U.K.)
o Sula Vineyards Pvt. Ltd. (India)
o Accolade Wines, Plc. (U.S.)
o E & J Gallo Winery (U.S.)
o Global Drinks Finland (Finland)
o Treasury Wine estates (Australia)
o Torres Wines (Spain)
Segmental Analysis
Market Segment By Type with focus on market share, consumption trend, and growth rate of Flavoured Wine Market:
• Sparkling
• Still
• Others
Market Segment By Flavor with focus on market share, consumption trend, and growth rate of Flavoured Wine Market:
• Red
• White
• Rose
Market Segment By end-user with focus on market share, consumption trend, and growth rate of Flavoured Wine Market:
• On-trade
• Off-trade
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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:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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