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Rose Wine Market Analysis: Segments, Drivers, Distribution Channels, and Growth Factors Forecast to 2024-2031 | Domaine de Cala, Chateaux de Lastours, Campuget.
Rose Wine Market || 2024-2031
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What is the projected growth rate (CAGR) of the Global Rose Wine market from 2024 to 2031, and what is the market value expected to change by 2031?
The Global Rose Wine Market reached US$ 3.1 billion in 2023 and is expected to reach US$ 4.6 billion by 2031 and grow with a CAGR of 5.3% during the forecast period 2024-2031.
What is Rose Wine Market?
The rose wine market focuses on the production and consumption of rosé wines, characterized by their pink hue and refreshing taste. This market has seen significant growth due to increasing consumer interest in lighter, fruit-forward wines, particularly among younger demographics. Factors driving this trend include the rise of casual dining, social media influence on wine culture, and the popularity of wine cocktails. Additionally, innovations in production methods and the emergence of new wine regions are expanding the variety of rosé options available, appealing to diverse palates and preferences. As a result, rosé wine is becoming a staple in the global beverage market.
Growth Driver
The Increasing Popularity of Wine Among Consumers is Driving the Market
Wine is becoming increasingly popular among a wider range of consumers, reaching beyond its traditional demographics. For example, a report from Wein-Plus noted that wine consumption in India surged by 29% in 2022. This growing interest in wine not only boosts overall market demand but also creates opportunities for various wine styles, including rosé, to flourish. As more people explore wine options, the market continues to expand, reflecting changing consumer preferences and a growing appreciation for diverse wine experiences.
Key Players:
Profiles of some of the major players in the global Rose Wine market, which include Domaine de Cala, Chateaux de Lastours, Campuget, Blossom Hill, Tesco, Echo Falls, Bna Wine Group, Chapoutier, Maison Louis Jadot, and Penny Johnson Flowers.
Industry Development:
In March 2023, Barton & Guestier, a Bordeaux-based supplier of French wines, unveiled NectaRose, an alcohol-free sparkling rosé presented in a convenient 250ml aluminum bottle. This innovative product caters to consumers seeking a refreshing and guilt-free option.
In March 2023, Hampton Water launched Vintage Rosé, which offers an elegant and distinctive expression of southern French rosé. This new release showcases the brand's commitment to quality and innovation in the wine industry.
The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Rose Wine market.
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Market Segments:
The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.
By Product Type: Still Wine, Sparkling Wine, Fortified Wine & Vermouth.
By Distribution Channel: Supermarket/Hypermarket, Specialty Stores, Online Sales.
Regional Break out:
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
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Key Features:
➧ Gain deep insights into market dynamics, trends, and opportunities to stay ahead in a competitive landscape.
➧ Track competitor's movements in real time, allowing you to swiftly adapt strategies and remain competitive.
➧ Compare your performance with industry leaders to identify gaps, strengths, and areas for improvement.
➧ Stay updated with emerging market trends, technological advancements, and customer behaviour to refine your strategy.
➧ Receive actionable insights and recommendations to drive your business toward growth and long-term success.
➧ Tailor competitive intelligence to your unique business needs, ensuring relevant and focused analysis.
➧ Evaluate supply chain efficiency and logistics strategies to optimize operations and minimize disruptions.
➧ Understand key players, stakeholders, and partnerships to navigate the competitive landscape more effectively.
➧ Identify and target specific market segments with detailed intelligence on customer preferences and behaviours.
➧ Stay informed on regulatory changes and legal requirements impacting your industry to ensure compliance and mitigate risks.
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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