openPR Logo
Press release

Fortified Wine Market Is Expected to Exhibit Significant Growth Over 2031 / Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc

04-01-2024 08:13 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Fortified Wine Market Is Expected to Exhibit Significant Growth

Fortified wine market is estimated to grow at a CAGR of nearly 4.8% during the forecast period. The major factors contributing to the growth of the market include emerging demand for premium alcoholic beverages and growing disposable income across emerging countries. As per the State Council of the People's Republic of China, the country's per capita disposable income stood at $1,265 in the first three months of 2019, up 6.8% year-on-year in real terms. Urban and rural per capita disposable income reached nearly $1735 and $686 in the first quarter of 2019, up 5.9% and 6.9% in real terms, respectively.

Chinese per capita consumer spending increased by 5.4% year-on-year in real terms to reach nearly $826 in the first quarter of 2019. This rising per capita income is further supporting to drive the market growth in the country. This, in turn, is expected to contribute to the adoption of premium fortified wine products. Further, the adoption of fortified wine are being primarily led by significant alcoholic consumption across the countries and increasing demand for beverages with different natural flavors. Millennials are primarily buying innovative alcoholic beverages products and therefore, the manufacturers are using natural flavors that enables to enhance the taste and fragrance of their alcoholic beverages.

To Request a Sample of our Report on Fortified Wine Market: https://www.omrglobal.com/request-sample/fortified-market

Market Coverage

Market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Fortified Wine Market- Segmentation

By Type

Port Wine
Sherry
Vermouth
Madeira
Others
By Distribution Channel

Online
Offline
A full report of Fortified Wine Market available @ https://www.omrglobal.com/industry-reports/fortified-market

Fortified Wine Market- Segment by Region

North America

United States
Canada
Europe

Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific

China
Japan
India
Rest of Asia-Pacific
Rest of the World

Company Profiles

· Atsby Vermouth

· Bacardi Ltd.

· Backsberg

· Contratto s.r.l.

· Davide Campari-Milano S.p.A.

· E. & J. Gallo Winery

· Fratelli Gancia & C. S.p.A.

· Imbue Cellars

· Liberty Wines Ltd.

· Sogevinus Fine Wines S.L.

· Symington Family Estates Vinhos SA

· Taylor's Port

· The Dolin Co.

· The Wine Group

· Vinbros and Co.

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/fortified-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Fortified Wine Market Is Expected to Exhibit Significant Growth Over 2031 / Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc here

News-ID: 3446951 • Views:

More Releases from Orion Market Research

Smart Buildings Market Size Report Predicts Healthy Growth with Demand & Forecasts by 2024-2031
Smart Buildings Market Size Report Predicts Healthy Growth with Demand & Forecas …
The global smart buildings market is anticipated to grow at a considerable CAGR of 11.2% during the forecast period. The rise in adoption of IoT-enabled BMS will fuel the global smart buildings market. IoT-enabled BMS is used to increase building performance and use sensor-generated data to improve user experience of building. Smart buildings, that attach building operations through the IoT, can reduce the tasks like regulating building heat and safety
IoT Managed Services Market Size Report Predicts Healthy Growth with Demand & Forecasts by 2024-2031
IoT Managed Services Market Size Report Predicts Healthy Growth with Demand & Fo …
The global IoT managed services market is expected to grow at a significant CAGR during the forecast period. Some major factors such as the rise in the application of multi-cloud, automation, and increased demand for IoT in industrial space, are augmenting the demand for IoT managed services across the globe. IoT refers to a 24*7 network of interconnected objects that can collect and exchange data using embedded sensors and mobile
Cellular IoT Gateways Market Size Report Predicts Healthy Growth with Demand & Forecasts by 2024-2031
Cellular IoT Gateways Market Size Report Predicts Healthy Growth with Demand & F …
The global cellular IoT gateways market is estimated to grow at a CAGR during the forecast period. A cellular IoT gateway router is a smart Internet gateway that allows IoT devices and sensors to connect to the Internet using the gateway router's cellular WAN connections. This enables the IoT system to function without the need for a hard-wired internet connection, such as Ethernet, fibre, cable, or DSLR. To learn more
Artificial Intelligence (AI) In Oncology Market Will Exhibit an Impressive Expansion by 2024-2031
Artificial Intelligence (AI) In Oncology Market Will Exhibit an Impressive Expan …
Global artificial intelligence (AI) in oncology market is anticipated to grow at a CAGR of 32.6 % during the forecast period. Medical imaging analysis using AI is used to analyze medical images including X-rays, CT scans, MRIs, PET scans, and histopathology slides. It can help detect and characterize tumors, lesions, and abnormalities, in addition to identifying cancerous cells and tissue patterns. AI can additionally be used to analyze genomic data

All 5 Releases


More Releases for Wine

Enotourism Market Is Expected to Boom | Great Oregon Wine Tour; Bulgaria Wine To …
This report studies the Enotourism market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Enotourism market analysis segmented by companies, region, type and applications in the report. New vendors in the market are facing tough competition from established international vendors as they
Global Rice Wine Market 2020-2028: Trend, Status Growth, Opportunity, Key Player …
Rice Wine is made by yeast-induced fermentation of glutinous rice starch that has been converted to sugars. It is an alcoholic beverage fermented and concentrated from rice. Rice wine is a clear wine prepared from fermented rice and is famous for its strong, unique taste. Its variants are rapidly gaining popularity in the wine markets around the world. Rice Wine Market is anticipated to grow at a CAGR of +3% during
Wine Logistics Market Report 2018: Segmentation by Product (Transportation, Ware …
Global Wine Logistics market research report provides company profile for Kerry Logistics, Wine Logistics International, DB Schenker, Mainfreight, Hellmann Worldwide Logistics, JF Hillebrand Group and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The
Wine Auction News - Langton Wine Auctions Sydney -Wine-Stocks 2017-09-20
Recommended investment wines were grounded on, wine trading day at Langtons Wine Auction, Sydney with mixed results The auction room at Langtons Wine Auction was carefully prepared, the bidders flooded into the auction room, after the wine tasting was finished. There were more then 500 lots offered and the wine auction closed with some remarkably results. The largest share of the complete range at the wine trading day, got wine bottles from
Global Fruit Wine Market market share and growth rate 2017 Fermented Fruit Wine, …
In this report, the global Fruit Wine market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Fruit Wine in these regions, from 2012 to 2022 (forecast), covering North
Global Rice Wine Market 2017 - Kuaijishan Shaoxing Rice Wine, Zhejiang Shanhao W …
Global Rice Wine Market 2017, presents a professional and in-depth study on the current state of the Rice Wine market globally, providing basic overview of Rice Wine market including definitions, classifications, applications and industry chain structure, Rice Wine Market report provides development policies and plans are discussed as well as manufacturing processes and cost structures. Rice Wine market size, share and end users are analyzed as well as segment markets