Fortified Wine Market to Witness High Growth in near Future

Posted by Jack Martin on December 5th, 2019

Fact.MR’s report on Global Fortified Wine Market

According to a new report by Fact.MR, the global fortified wine market is projected to register a low single-digit CAGR during the forecast period 2017 to 2022. Majority of people believe premium products to contain high-quality ingredients. Product premiumization is therefore considered as a major strategy adopted by market players in order to fuel adoption of fortified wine worldwide. Revenues from global sales of fortified wine are estimated to account for approximately US$ 2,000 Mn by 2022-end.

In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global Fortified Wine market considering 2012-2016 as the historic year and 2017–2022 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.

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The Fortified Wine market study outlines the key regions – North America, Latin America, Europe, Japan, APEJ and Middle East & Africa– along with the countries contributing the most in the respective regions.

The growth of Fortified Wine Market report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin.

Prominent players covered in this research are Bacardi Limited, E. & J. Gallo Winery, Davide Campari-Milano S.p.A., The Wine Group LLC, Sogevinus Fine Wines, S.A., F.LLI GANCIA & C. S.p.A, and Sogrape SGPS, SA.

The Fortified Wine market report addresses the below-mentioned queries:

• Why are vendors shifting away from traditional methods of manufacturing Fortified Wine?
• How does the global Fortified Wine market looks like in the next five years?
• Which end use industry is expected to surpass segment by the end of 2022?
• What innovative products are being introduced by the players in the global Fortified Wine market?
• Which regions are showing the fastest market growth?

On the basis of product, the Fortified Wine market study consists of

• Madeira
• Marsala
• Port
• Sherry
• Vermouth

By Sales Channel, the Fortified Wine market study incorporates:

• Modern Trade
• Grocery Store
• Convinience Store
• E-Commerce
• Other Retail Format

By Body Type, the Fortified Wine market study consists of

• Light Bodied
• Medium Bodied
• Full-Bodied

By Sweetness Level, the Fortified Wine market study incorporates:

• Dry
• Semi-sweet
• Sweet

Crucial insights in the Fortified Wine market research:

• Underlying macro- and microeconomic factors impacting the growth of the Fortified Wine market.
• Basic overview of the Fortified Wine, including market definition, classification, and applications.
• Scrutinization of each Fortified Wine market player based on mergers & acquisitions, R&D projects, and product launches.
• Adoption trend of Fortified Wine across various industries.
• Important regions and countries offering lucrative opportunities to Fortified Wine market stakeholders.

Reasons to choose Fact.MR:

• Exhaustive research regarding the market to offer A to Z information.
• Digital technologies to provide innovative business solutions to the clients.
• 24/7 availability of services.
• Interaction with suppliers, vendors, and service providers for precise market landscape.
• Reports tailored as per the requirements of the clients.

And many more …