” Another business knowledge Report released by Data Bridge Market Research with title Global Dessert Wine Market – Industry Trends and Forecast to 2029 Geography, By Product Type (Still Wine, Sparkling Wine, Fortified Wine), Colour (Red Wine, Rose Wine, White Wine, Other Colours), Application (Daily Meals, Social Occasions, Entertainment Venues, Other Situations), Packaging (Plastic Bottles, Glass bottles, Others), Distribution Channel (Supermarket and Hypermarket, Specialty Stores, Convenience Stores, Online Channels, Others), has capacity to become the largest market worldwide as it has remained assuming a momentous job in building up dynamic effects on the general economy.
Data Bridge Market Research analyses that the dessert wine market was valued at USD 32.65 million in 2021 and is expected to reach the value of USD 58.23 million by 2029, at a CAGR of 7.50% during the forecast period of 2022-2029.
Data Bridge Market Research has recently published a report on Global Dessert Wine Market which is generated by keeping in mind all the necessities of the businesses required for achieving a successful business growth. This market research report predicts the size of the market with respect to the information on key retailer revenues, development of the industry by upstream and downstream, industry progress, key companies, along with market segments and application. Objectives of the marketing research are kept in mind while preparing this Dessert Wine market research report. Market segmentation study is carried out in terms of markets covered, geographic scope, years considered for the study, currency and pricing.
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Wine production and consumption have increased dramatically in recent years, resulting in a high demand for premium and flavoured wines. Some of the primary factors encouraging wine consumption are social interactions, modernity, and growing acceptance of Western culture. Alcoholic beverages are in high demand as they have become a status symbol in developing economies. As a result, sales of premium wine with a wide range of flavours and essences are increasing.
Market Definition
Dessert wines, as the name implies, are served alongside dessert and are also known as pudding wines. These wines are made from extremely ripe grapes using a variety of techniques and procedures, and they have a high sugar and alcohol content. These are available in a variety of colours and flavours.
Report scope and market Segmentation
| REPORT METRIC | DETAILS |
| Forecast Period | 2022 to 2029 |
| Base Year | 2021 |
| Historic Years | 2020 (Customizable to 2014 – 2019) |
| Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
| Segments Covered | Product Type (Still Wine, Sparkling Wine, Fortified Wine), Color (Red Wine, Rose Wine, White Wine, Other Colors), Application (Daily Meals, Social Occasions, Entertainment Venues, Other Situations), Packaging (Plastic Bottles, Glass bottles, Others), Distribution Channel (Supermarket and Hypermarket, Specialty Stores, Convenience Stores, Online Channels, Others) |
| Countries Covered | U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
| Market Players Covered | John D. Taylor’s (US), Patron (Mexico), De Kuyper (Netherlands), Wild Turkey (U.S), Baileys (UK), Gran Gala (Italy), UNICUM (Hungary), Hiram Walker and sons ltd. (U.S), Berentzen-Gruppe Aktiengesellschaft (Germany), Massenez (France) Heritage Grape Winery Pvt Ltd., (India), Grover Zampa (India), Pernod Ricard SA (Ireland), J. García Carrión (France), FREIXENET COPESTICK (UK) |
| Opportunities |
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Dessert Wine Market Dynamics
Drivers
- Changing customers preferences and rising disposable incomes
Changing lifestyles, rapid modernization, and rising disposable incomes are all expected to contribute significantly to the global dessert wine market’s growth. Changing customer preferences and rising demand for a better-tasting product are driving manufacturers to improve product quality and expand the number of variants available on the market.
- Wide availability of distribution channels and constant product innovation
Another factor that is expected to contribute to the market’s growth is the availability of adequate distribution channels. Continuous product innovation in terms of taste and packaging styles will drive the global dessert wine market forward.
Opportunity
One of the primary factors expected to drive the growth of the fortified wine market in the coming years is product premiumization. To meet changing consumer preferences, market leaders are focusing on the development of new flavoured fortified wines. Consumers traded up to higher-value products in markets around the world, primarily across a wide range of categories. This is a prevalent trend in developed markets. Consumers are eager to try new and interesting alcoholic beverages which are creating ample of growth opportunities to the market.
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Table of Contents:
- Executive Summary
- Scope/opportunities of the Dessert Wine Market Report
- Research Methodology
- Dessert Wine Market Landscape
- Pipeline Analysis
- Market Sizing
- Porter’s Five Forces Analysis
- Dessert Wine Market Segmentation
- Customer Landscape
- Regional Landscape
- Business Decision Framework
- Drivers And Challenges
- Dessert Wine Market Key Trends
- Players Landscape
- Players Analysis
- Appendix
Browse Complete Table of Contents at: https://www.databridgemarketresearch.com/toc/?dbmr=global-dessert-wine-market
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