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Fact.MR’s report on Global Red Wine Market
According to Fact.MR, the red wine market is likely to record a modest CAGR of 2.7% from 2017-2022 and grow to just over US$ 77 billion by the end of the study. Discerning consumer tastes, a rising disposable income, increased urbanization, and the popularity of different wine varieties for all sorts of social events and gatherings directly benefit the red wine market. Red wine finds a ready customer base in both the younger as well as older demographic as a substitute for ‘hard drinks’ and a healthy lifestyle alternative respectively.
In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global Red Wine market considering 2012-2016 as the historic year and 2017–2022 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.
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The Red Wine market study outlines the key regions – North America, Latin America, Europe, Japan, APEJ and Middle East & Africa– along with the countries contributing the most in the respective regions.
The sales of Red Wine report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin.
Prominent players covered in this research are Accolade Wines Australia Limited, Casella Family Brands, Caviro, Viña Concha y Toro SA, Constellation Brands, Diageo Plc, E&J Gallo Winery, Grupo Peñaflor, The Wine Group, and Treasury Wine Estates.
The Red Wine market report addresses the below-mentioned queries:
- Why are vendors shifting away from traditional methods of manufacturing Red Wine?
- How does the global Red Wine market looks like in the next five years?
- Which end use industry is expected to surpass segment by the end of 2022?
- What innovative products are being introduced by the players in the global Red Wine market?
- Which regions are showing the fastest market growth?
On the basis of product, the Red Wine market study consists of
- Cabernet Sauvignon
- Pinot Noir
- Cabernet Franc
By Sales Channel, the Red Wine market study consists of
- Modern Trade
- Grocery Store
- Convenience Store
- Other Retail Format
By Body Type, the Red Wine market study incorporates:
- Light Bodied
- Medium Bodied
By Sweetness Level, the Red Wine market study incorporates:
Crucial insights in the Red Wine market research:
- Underlying macro- and microeconomic factors impacting the growth of the Red Wine market.
- Basic overview of the Red Wine, including market definition, classification, and applications.
- Scrutinization of each Red Wine market player based on mergers & acquisitions, R&D projects, and product launches.
- Adoption trend of Red Wine across various industries.
- Important regions and countries offering lucrative opportunities to Red Wine market stakeholders.
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Reasons to choose Fact.MR:
- Exhaustive research regarding the market to offer A to Z information.
- Digital technologies to provide innovative business solutions to the clients.
- 24/7 availability of services.
- Interaction with suppliers, vendors, and service providers for precise market landscape.
- Reports tailored as per the requirements of the clients.
And many more …