Global Red Wine Market Overview:
As per the MRFR reports, the global market for red wine is likely to register a robust CAGR of over 6.45% during the review timeframe. The market is projected to attain USD 285.75 billion by 2032.
Europe Red Wine Market is steeped in tradition and history, with centuries-old vineyards producing some of the world's most revered wines. From the iconic Bordeaux blends of France to the robust Sangiovese wines of Italy, Europe boasts a diverse tapestry of red wine styles and terroirs. Despite facing challenges such as climate change and shifting consumer preferences, the European red wine market remains resilient, with a strong emphasis on quality, authenticity, and sustainability. As consumers increasingly value provenance and craftsmanship, European wineries are adapting to meet evolving tastes while preserving their rich winemaking heritage. With a global reputation for excellence, the European red wine market continues to captivate wine enthusiasts and connoisseurs alike.
Red wine is obtained from several grapes, which results in an alcoholic beverage. Red wine offers several health benefits such as the low risk of heart stroke, boosts the immune system, and increased bone density if taken within limits. The global Red Wine Market has been experiencing massive growth over recent years owing to factors such as growing consciousness regarding health, rising areas of use, increased urbanization, growing disposable income, growing young population, increasing demand for recreational activities, changing lifestyle, the growing acceptance of alcoholic beverages in emerging nations, and a preference for wine at large events. However, the growth of the red wine market is likely to be hampered by the heavy tax duties imposed on alcoholic beverages and higher prices.
Segmentations:
The global red wine market is divided into numerous segments based on distribution channel, packaging type, type, and region.
Based on type, the global market for red wine is divided into still red wine and sparkling red wine.
The global red wine market is bifurcated into cans and bottles by packaging type.
The red wine market is bifurcated into retail and food service based on the distribution channel.
Competitive Landscape:
The global red wine market has an intensely competitive landscape with a wide number of players spread worldwide. The list of Red Wine Market Companies the includes Constellation Brands (US), Pernod Ricard (France), Compagnia Del Vino SRL (Italy), Gruppo Campari (Italy), Amvyx SA (Greece), Diageo plc (UK), E & J Gallo Winery (US), Caviro (Italy), Treasury Wine Estates (Australia), Bacardi Limited (Bermuda), Grupo Penaflor S.A. (Argentina), The Wine Group (US), Accolade Wines (Australia), Vina Concha y Toro S.A. (Chile), Castel Group (France), and several others.
Recent Developments:
· September 2021 – Martha Stewart Wine Co. and Marquee Brands, DRINKS, the online wine collection including an assortment of wines hand-picked by America's lifestyle expert Martha Stewart, revels a year of landmark partnerships, including latest Macy's Wine Shop, and Kroger, The Wine Shop on the Instacart Marketplace and extraordinary growth in customer demand as online wine continues to surge in popularity.
· August 2021- Nashik-based Somanda Vineyards has announced the launch of fruit wine from pomegranates and labeled as Anarkali. With this launch, the vineyard has prolonged its horizons beyond the conventional grape wine and has launched two versions, off-dry with two levels of sweetness that might be attractive to those who enjoy pomegranate as a fruit but enjoy high alcohol in their fruit wine.
Read More:
Sugar-free Chocolate Market Research Report: Information By Main Ingredients (Cocoa Beans, Sugar Substitute, Cocoa Butter, Fat & Oil, Cocoa Liquor and Others), By Category (100% Sugar Free and No Added Sugar), By Type (Dark, Milk and White), By Distribution Channel (Store-Based And Non-Store-Based) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032
Rapport d'étude de marché sur l'acide citrique : informations par forme (anhydre et liquide), fonction (agent acidulant, antioxydant, conservateur et aromatisant), application [Aliments et boissons (boissons ; boulangerie et confiserie ; collations sucrées et salées ; soupes, sauces et vinaigrettes, repas RTE et RTC, et autres) ), produits pharmaceutiques et nutraceutiques, soins personnels et autres] et région (Amérique du Nord, Europe, Asie-Pacifique et reste du monde) —Prévisions jusqu'en 2030
Marktforschungsbericht für gefrorene Früchte nach Typ (Melonen, Zitrusfrüchte, Beeren, Mango, Kiwi, Pfirsiche und andere), Kategorie (biologisch und konventionell), Form (ganz, geschnitten und gewürfelt und andere), Vertriebskanal (Ladenbasiert [Supermarkt und Hypermarkt, Convenience-Stores und andere] und nicht im Geschäft), und Region (Nordamerika, Europa, Asien-Pazifik und Rest der Welt) - Prognose bis 2030
About Market Research Future:
Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.
Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.
Contact Us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071