Market
Research Future published a half cooked research report on global fortified
wine Market which is estimated to grow more than 5.3% during the period 2017-2023.
Market Overview
Increasing sale of fortified wine is driven
by changing consumers’ preference in alcoholic beverages. Increasing production
of premium wines and new products is likely to drive the market for various
fortified wine varieties as well as increase its sale in the wine market.
Technology advancements in developed regions have led to the innovation in
flavors leading to the production of fortified wines with flavors of infused
herbs and spices. High focus on research and development of the alcoholic
beverage industries has influenced the positive growth rate of the market. On
the other hand, the population of consumers participating in campaigns and
spreading awareness against alcohol consumption is one of the big challenges
faced by this market. The consumption of fortified wine is found to be high in
Europe and is evaluated to increase at a positive growth rate in various
countries of North America and Asia Pacific region over the forecast period.
Market Forecast
Globally,
the fortified wine market share is estimated to escalate at a higher growth
rate than any other alcohol variety based on the antioxidant content imparting
anti-ageing properties. High consumption of fortified wine is backed up by its
property to lower cholesterol level in the body when consumed in right
quantity. The rising demand for low-calorie alcoholic beverages in the market
is supporting its sale on a global level. Rapid urbanization has also supported
in fueling up the market share of fortified wine all around the globe.
All
these factors contribute to the calculated CAGR of 5.3% of Fortified Wine
market during 2017-2023.
Fortified
wine manufacturers across various regions follow the strategy of improving
their existing product line by adding innovations to their business expansion,
which, in turn, increase the demand for fortified wine is across various
countries. In Europe, France is among the dominating countries holding a significant
share of the fortified wine market and exports the product to different other
countries, which include the U.K., the U.S., Germany, China, Belgium, and
others.
Regional Analysis
The global fortified wine market is
segmented into North America, Europe, Asia Pacific, and rest of the world
(ROW). Europe holds a major market share followed by North America. The high
demand for fortified wine as a popular alcoholic drink from the developed
countries of these regions is contributing to the positive growth of fortified
wine market. The U.S., the U.K., China, Germany, and Canada are the major
importers of fortified wine. Europe is found to be the major exporter of
fortified wine and exports to major countries of North America and Asia
Pacific.
Key
Players
The key players profiled in the
global fortified wine market: Bacardi Limited , Davide Campari-Milano S.p.A., The
Wine Group , E & J Gallo Winery , Anchor Brewing Company , Atsby Vermouth ,
Gancia.
Table of Contents
1
Executive Summary
2
Market Introduction
2.1
Definition
2.2
Scope of the study
2.2.1
Research Objectives
2.2.2
Assumptions
2.2.3
Limitations
2.3
Markets Structure
2.4
Stakeholders
3
Research methodology
3.1
Research Methods
3.1.1
Primary research
3.1.2
Secondary research
3.2
Forecast model
3.3
Market Size estimation
4
MARKET DYNAMICS
4.1
Introduction
4.1.1 Trends in Supply/Production
4.1.2 Trends in Demand/Consumption
4.1.3
Value chain analysis
4.1.4
Porter’s five forces
4.1.5
Supply Chain Analysis
4.1.6
Macroeconomic indicators Analysis for top 5 Producing countries
5 MARKET
TRENDS
5.1
Consumer Trends
5.2
Feedstock Analysis
5.3
Trends in Production and Consumption
5.4
Trade (Import-export) Analysis
6.
GLOBAL FORTIFIED WINE MARKET-By Wine-Type
6.1
Introduction
6.2
Market size (sub segments)
6.2.1 Port wine
6.2.2 Sherry
6.2.3 Vermouth
6.2.4 Others
7. GLOBAL FORTIFIED WINE MARKET- By
Taste
7.1
Introduction
7.2
Market size (sub segments)
7.2.1 Dry
7.2.2 Medium
7.2.3 Sweet
8.
GLOBAL FORTIFIED WINE MARKET-By Distribution Channel
8.1
Introduction
8.2 Market size (sub segments)
8.2.1 Store Based
8.2.1.1
Supermarket/Hypermarket
8.2.1.2
Specialty Retailers
8.2.1.3
Convenience
Stores
8.2.1.4
Others
8.2.2
Non-Store Based
8.2.2.1 E-Commerce
CONTINUED……………………………………………………………….
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