• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

A.D.S. Wine News

All Daily Stories: News About Wines

  • Home
  • Wines
  • Making Wine
  • Vineyards
  • Wine Pairing
  • Wine Tasting
  • Wine Varieties
  • About/Contact

Red Wine Market Granular View of The Market from Various End-Use Segments 2022 – openPR

April 2, 2021 by ADSWineReporter

Red Wine Market Projection of Each Major Segment over the Forecast Period 2022

Red Wine Market Projection of Each Major Segment over the Forecast Period 2022

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.

Browse Full Report on @https://www.factmr.com/report/160/red-wine-market

Wine consumption and production has noticeably increased in emerging markets and technological advancements in developed ones have given rise to new and unique flavors and textures in the 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.

The semi-sweet segment is the most popular by sweetness level and it accounts for a revenue share of more than 2/5th in the red wine market.

To remain ‘ahead’ of your competitors, request for a sample @ https://www.factmr.com/connectus/sample?flag=S&rep_id=160

The semi-sweet segment in Europe alone is on track to be worth just under US$ 16 billion in 2022. However, APEJ should record a higher CAGR during this period.

Sweet wine is considerably smaller with a revenue share of a quarter of the red wine market. As is the case with the semi-sweet segment, companies may wish to target APEJ as it represents the highest growth opportunity in the red wine market

The trade segment is the largest sales channel in the red wine market and companies are advised to take this into consideration while devising their long-term distribution strategies.

For critical insights on this market, request for methodology here@https://www.factmr.com/connectus/sample?flag=RM&rep_id=160

The trade segment could be worth more than US$ 28 billion by the end of 2022, making it a sales channel that can hardly be ignored in the red wine market.

On the other hand, grocery stores are estimated to be extremely popular in APEJ and Latin America and key stakeholders may seek to target these in the red wine market


E-commerce is currently much smaller than the trade segment in the red wine market but it can safely be said that it is the future of most sales channels.

As Internet connectivity improves in emerging markets, consumers will definitely seek out the comfort and convenience of ‘anywhere, anytime’ red wine shopping.

Ask an Analyst @https://www.factmr.com/connectus/sample?flag=AE&rep_id=160

A market approaching US$ 8.7 billion in Europe in 2022 makes e-commerce the sales channel to watch out for and companies that do not cater to online shoppers may risk being left behind in the red wine market

The market opportunity that exists in the light bodied and medium bodied segment is fairly similar as both contribute 2/5th revenue share in the red wine market.

APEJ seems to show a greater preference for light bodied red wines as the CAGR for the period 2017-2022 is 4.1% In the case of medium bodied wines, companies could focus their attention on either Latin America or North America in the red wine market

Full-bodied wines are notably less popular than either light or medium bodied wines in the red wine market. Nonetheless, a market exceeding US$ 7.7 billion in Europe alone in 2022 makes it unwise to ignore full bodied wines entirely in the red wine market

The report has profiled leading players in the global market for red wine, which will remain active through 2022.

These include companies such as Treasury Wine Estates, The Wine Group, Grupo Peñaflor S.A, E&J Gallo Winery, Diageo Plc, Constellation Brands, Inc., Viña Concha y Toro SA, Caviro, Casella Family Brands, and Accolade Wines Australia Limited.

Contact:


Fact.MR


US Sales Office:


11140 Rockville Pike


Suite 400


Rockville, MD 20852


United States


Tel: +1 (628) 251-1583


E: sales@factmr.com

Corporate Headquarter:


Unit No: AU-01-H Gold Tower (AU),


Plot No: JLT-PH1-I3A,


Jumeirah Lakes Towers,


Dubai, United Arab Emirates

About Fact.MR


Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

This release was published on openPR.

Filed Under: Wine Varieties

Primary Sidebar

Editor Picks

California PD/GWSS Board Recommends 2021-22 Research Funding – winebusiness.com

by Ted Rieger April 21, 2021 The California Department of Food and Agriculture (CDFA) Pierce’s Disease (PD)/Glassy-winged Sharpshooter … [Read More...] about California PD/GWSS Board Recommends 2021-22 Research Funding – winebusiness.com

armando-dawdy-presents-selection-of-american-white-wines-–-big-news-network

Armando Dawdy presents selection of American white wines – Big News Network

Brenner's On The Bayou's Armando Dawdy showcases a handful of the restaurant's finest white wine varieties from North America.Thanks in no small part … [Read More...] about Armando Dawdy presents selection of American white wines – Big News Network

celebrate-bc-wine-month-through-april-–-kamloops-this-week

Celebrate BC Wine Month through April – Kamloops This Week

B.C. Wine Month is well underway and, in Kamloops, that means great opportunities to celebrate and acknowledge not only B.C. wines, but also local … [Read More...] about Celebrate BC Wine Month through April – Kamloops This Week

Privacy Policy . Terms and Conditions
Copyright © 2021 · ADS Wine News . Log in

Privacy Policy - Terms and Conditions