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. Factors such as the 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.
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.
In 2019, the market size of Fortified Wine is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Fortified Wine.
This report studies the global market size of Fortified Wine, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Fortified Wine sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sales, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies 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
Market Segment by Product Type
Vermouth
Port Wine
Sherry
Marsala Wine
Madeira Wine
Other
Market Segment by Application
Supermarkets and Hypermarkets
On-trade
Specialist Retailers
Retail Stores
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Fortified Wine status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Fortified Wine manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Fortified Wine are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Fortified Wine. Industry analysis & Market Report on Fortified Wine is a syndicated market report, published as Global (United States, European Union and China) Fortified Wine Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Fortified Wine market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.