Title: Global Red Wine Market - Forecast (2022 - 2027)
1Global Red Wine MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022 - 2027
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- The Global Red Wine Market size is estimated to
reach 94.6 billion by 2027. Furthermore, it is
poised to grow at a CAGR of 4.3 over the
forecast period of 2022-2027. - The global red wine market is booming, resulting
in rising demand for flavorful and premium red
wines with added health benefits like reduced
risk of heart attack, increased bone density, and
improved immunological function. Furthermore,
rising demand for recreational activities, as
well as changing lifestyles, are predicted to
stimulate expansions in the global red wine
market, which are important factors expected to
fuel growth.
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- Key Takeaways
- Geographically, North America owing to the
increasing demand for Red Wine accounted for the
highest revenue share in 2021. Further,
pertaining to the presence of a large population
with strong buying power in this region, North
America is projected to dominate the market. - During the forecast period 2022-2027, the growing
popularity of organic red wine among customers
has pushed winemakers all over the world to ramp
up the production of organic grape-based wines.
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Global Red Wine Market Segment Analysis By
Geography The Global Red Wine market based on
Geography can be further segmented into North
America, Europe, Asia-Pacific, South America, and
the Rest of the World. In 2021, North America
dominated the market with a 31 share. The vast
growth of the North American red wine market is
mostly driven by high disposable incomes, with
the presence of top-tier corporations assisting
in the region's growth. Furthermore, developing
trends of vibrant wine culture in the U.S., and
Canada are some of the drivers driving the
regional market growth.
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- Global Red Wine Market Industry Outlook
- Accolade Wines
- Azienda Agricola Ca' de Noci
- Bird in Hand Winery Pty Ltd.
- Charlie Echo
- Domaine Chandon, Inc.
- G Patritti Co. Pty Ltd.
- Luis Pato
- LVMH Moet Hennessy - Louis Vuitton
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Global Red Wine Market Forecast (2022 -
2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Global-Red-W
ine-Market-Research-513362
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Contact (1) 970-236-3677
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