Global Fortified Wine Market Size, Share & Trends Analysis Report By Forecast, 2022-2028

The global 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.

Get Free Sample link @ https://www.omrglobal.com/request-sample/fortified-market

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.

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

  • Market Coverage
  • Market number available for – 2022-2028
  • Base year- 2021
  • Forecast period- 2022-2028
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others

Market Segmentation

Global Fortified Wine Market by Type

  • Port Wine
  • Sherry
  • Vermouth
  • Madeira
  • Others

Global Fortified Wine Market by Distribution Channel

  • Online
  • Offline
  • Specialty Stores
  • Supermarkets and Hypermarkets
  • Liquor Stores
  • Others

Regional Analysis

  • North America
  • United States
  • Canada
  • Europe
  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • 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.
  • & J. Gallo Winery
  • Fratelli Gancia & C. S.p.A.
  • Imbue Cellars
  • Liberty Wines Ltd.
  • Sogevinus Fine Wines S.L.
  • Sogrape Group
  • Symington Family Estates Vinhos SA
  • Taylor’s Port
  • The Dolin Co.
  • The Wine Group
  • Vinbros and Co.

The Report Covers

  • Market value data analysis of 2019 and forecast to 2026.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global fortified wine market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

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

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.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 780-304-0404