Global Wine And Brandy Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Wine And Brandy Market Report by The Business Research Company covers wine and brandy market drivers and restraints, wine and brandy market size, major players, and the impact of COVID-19 on the wine and brandy market.
The wine and brandy market consists of sales of wines, ciders, fortified wines and brandies by entities (organizations, sole traders and partnerships) that grow grapes and other fruits, and/or produce wines and brandies, and blend wines and brandies. The companies in the wineries industry process raw materials into wines, brandies, ciders and fortified wines, package and distribute them through various distribution channels to both individual customers and commercial establishments. Their produce includes champagne, alcoholic cider, fortified wines, ice wines, sparkling wines and vermouth. The wine and brandy market is segmented into wine and brandy.
Increasing demand for ready-to-drink (RTD) beverages is expected to drive the wine and brandy manufacturing (wineries) market in the forecast period. RTD is a single-use packaged beverage that is ready for immediate consumption at the time of purchase. RTD drinks are gaining popularity among working adults due to their clean label and functionality.
The global wine and brandy market is expected to grow from $166.56 billion in 2020 to $178.46 billion in 2021 at a compound annual growth rate (CAGR) of 7.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $245.79 billion in 2025 at a CAGR of 8%.
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Some wine and brandy market trends include wine manufacturers increasingly using augmented reality mobile applications to effectively promote their products. Mobile phones with augmented reality applications when held over a wine bottle label display creative video content that convey a brand’s story and help engage customers.
Global wine and brandy market segments include:
1) By Type: Wine, Brandy.
2) By Distribution Channel: Off-Trade Channels, On-Trade Channels.
3) By Category: Mass, Premium.
Subsegments Covered: Still Wine, Sparkling Wine, Cognac, Armagnac.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe accounts for the largest global wine and brandy market share.
Read More On The Wine And Brandy Global Market Report 2021: COVID-19 Impact and Recovery to 2030 At:
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The Wine And Brandy Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides wine and brandy market overviews, analyzes and forecasts market size, share, wine and brandy market players, wine and brandy market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The wine and brandy market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Where To Learn More:
Read Wine And Brandy Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Constellation Brands, E & J Gallo Winery, Torres Wines, Treasury Wine Estates, Vina Concha Y Toro.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Wine And Brandy Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Wine And Brandy Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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