Summary – A new market study, “Global Fortified WineMarket Size, Status and Forecast 2020-2026”has been featured on WiseGuyReports.
Fortified wine is considered to be a special wine that is fortified with the presence of additional alcohol that has been added to the base wine during the process of fermentation to bring the average alcohol content up to around seventeen to eighteen percent.
The vermouth segment accounted for the major shares and dominated this market. Vermouth is favored by the consumers due to its low content of alcohol and it is comparatively healthy.
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increasing health consciousness and innovative content will contribute to the growth of the fortified wine market in this industry segment.
Europe which includes France Germany, Italy witnessed to capture the largest market share due to the rising consumption of fortified wine among the population. Asia Pacific region which includes China, India, and Japan showed a significant growth due to the presence of emerging economies like China and India. Moreover increase in the use of new technologies and continuous research and development among the manufacturers to innovate newer methods to produce fortified wine are the prime drivers of the global fortified wine market in all these regions
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The supermarkets and hypermarkets segment accounted for the major shares and dominated the fortified wine market. The dominance of this segment can be attributed to the growth of the organized retail sector in developed and developing economies. The number of supermarkets and hypermarkets is constantly increasing and this will in turn, boost the sales of fortified wine through this distribution channel.
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The global Fortified Wine market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Fortified Wine volume and value at global level, regional level and company level. From a global perspective, this report represents overall Fortified Wine market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Fortified Wine in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Fortified Wine manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
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The following manufacturers are covered:
Vinbros
Indage Vintners Limited
Backsberg Estate Cellars
Albina & Hanna
Bacardi
E. & J. Gallo Winery
Gruppo Campari
The Wine Group
Atsby Vermouth
Contratto
Gancia
Sogrape Vinhos
Symington
Sogevinus Fine Wines
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
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