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Wine is one of the most popular alcoholic beverages which is prepared by the fermentation of grape juice. Red wine is made up of the black varieties of grapes that are highly pigmented and are rich in anthocyanin and tannins. Aging of the fermented wines gives the wine their unique color which varies from brick red (for mature wine) to darker brown for older wines. Red wines are stored in barrels for aging and to further increase the alcohol content to the desired level. Red wines are found to be rich in anti-oxidants which adds to the health benefits obtained from red wines when consumed in the right amount.
The global red wine market is segmented into North America, Europe, Asia Pacific, and the rest of the world (RoW). Europe is dominating the red wine market followed by North America. The U.S. in the North American region is experiencing a high demand for red wine owing to the shift in consumers’ alcohol consumption preference and high inclination towards meeting the social dynamics.
Asia Pacific is the fastest growing region for the red wine market owing to improved disposable income and rising demand for alcoholic beverages from the emerging markets of India and China.
The global Red Wine market was valued at US$ 103310 million in 2019 and is expected to reach US$ 126860 million by the end of 2026, growing at a CAGR of 2.9% during 2021-2026.
This report focuses on Red Wine volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Red Wine market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Global Red Wine Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Still Wine
Sparkling Wine
Others
Segment by Application
Restaurant
Retail
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Caviro (Italy)
Viña Concha y Toro S.A. (Chile)
E & J Gallo Winery (US)
Constellation Brands(US)
The Wine Group (US)
Treasury Wine Estates (Australia)
Grupo Peñaflor S.A. (Argentina)
Diageo plc (U.K.)
The global red wine market is segmented into North America, Europe, Asia Pacific, and the rest of the world (RoW). Europe is dominating the red wine market followed by North America. The U.S. in the North American region is experiencing a high demand for red wine owing to the shift in consumers’ alcohol consumption preference and high inclination towards meeting the social dynamics.
Asia Pacific is the fastest growing region for the red wine market owing to improved disposable income and rising demand for alcoholic beverages from the emerging markets of India and China.
The global Red Wine market was valued at US$ 103310 million in 2019 and is expected to reach US$ 126860 million by the end of 2026, growing at a CAGR of 2.9% during 2021-2026.
This report focuses on Red Wine volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Red Wine market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Global Red Wine Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Still Wine
Sparkling Wine
Others
Segment by Application
Restaurant
Retail
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Caviro (Italy)
Viña Concha y Toro S.A. (Chile)
E & J Gallo Winery (US)
Constellation Brands(US)
The Wine Group (US)
Treasury Wine Estates (Australia)
Grupo Peñaflor S.A. (Argentina)
Diageo plc (U.K.)
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
