Red Wine Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Caviro (Italy), E & J Gallo Winery (US), Constellation Brands (NYSE: STZ) (US), The Wine Group (US)

Over the next five years the Red Wine market will register a 6.62% CAGR in terms of revenue, the global market size will reach USD 147.29 billion by 2027.

Red Wine Market Overview

According Industry Data Industry, the worldwide red wine market is expected to reach USD 147.29 billion by the end of the projected year. During the review period, the company grew at a healthy CAGR of 6.62%.

Red wine is made from a variety of grapes and is an alcoholic beverage. To a limited level, red wine consumption can provide health benefits such as lowering the risk of heart attack, strengthening the immune system, and increasing bone density. Its colour can range from a rich red to an intense violet or even a shade of dark brown depending on its age. In recent years, the worldwide red wine market has experienced tremendous expansion. The market's expansion can largely be attributed to consumers' increasing awareness of the health benefits of red wine consumption.

Furthermore, the increasing shift to red wine consumption, rising alcohol consumption among the youthful population, greater urbanisation, and rising disposable income are all expected to promote market growth during the assessment period. Furthermore, the red wine market is expected to benefit from rapid growth in the food industry, a preference for wine at major events or social gatherings, and rising demand for recreational activities in the future years. The high tax rates put on alcoholic beverages, on the other hand, are expected to stifle the market's expansion. Nonetheless, newer technologies aid in the production of new flavours, which is expected to propel the market forward during the evaluation period.

Who are the Major Players in Red Wine Market?

The Red Wine Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market 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.) and others.

Industry News:

01.05.2021: E. & J. GALLO WINERY COMPLETES ACQUISITION OF MORE THAN 30 BRANDS FROM CONSTELLATION

MODESTO, Calif. Jan. 5, 2021 – E. & J. Gallo Winery (Gallo) today announced that it has completed the acquisition of more than 30 wine brands from Constellation Brands, Inc. The closing of the agreement between Gallo and Constellation was approved by the Federal Trade Commission on December 23, 2020.

CONSTELLATION BRANDS COMPLETES WINE AND SPIRITS TRANSACTIONS WITH E. & J. GALLO TO FOCUS PORTFOLIO ON CONSUMER PREMIUMIZATION TRENDS

VICTOR, N.Y., Jan. 05, 2021-- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that it has closed its transaction with E. & J. Gallo Winery to divest a portion of Constellation’s wine and spirits portfolio principally priced at $11 retail and below, including certain related facilities located in California, New York, and Washington state. The aggregate transaction price was approximately $810 million, consisting of approximately $560 million in cash paid at closing and the opportunity to receive up to $250 million in earnout payments if brand performance targets are met over a two-year period after closing. The transaction price reflects various adjustments of approximately $220 million related primarily to changes in inventory for which Constellation has already received the benefit.

Red Wine Market provides details by vendors, including company total revenue (financials), company overview, market potential, global presence, his business report briefly talks about market performance of each business sector covering growth factors and sales volume. this analysis provides the This Red Wine Market analysis report provides recent trends, granular level data covering market size and share. It provides all the recent updates about CORONA virus and its impact on world economy and human health. By getting this data, key players can obtain profit making and right business opportunities for future growth. Its further guides to increase the product demand and business expansion.

What are the major Applications, Types and Regions for Red Wine Market?

By Type, it is segmented into

• Still Wine


• Sparkling Wine


• Others

By Applications it is segmented into

• Restaurant


• Retail

Red Wine Market Regional Analysis

For their expanding disposable income, the Asia-Pacific area is predicted to rise at the fastest CAGR, resulting in higher spending capacity for recreational activities. Furthermore, the expansion of the red wine industry in this region is likely to be aided by an increase in the region's youth population. The market in the rest of the world, on the other hand, is expected to rise steadily due to rising disposable income and a burgeoning food service industry in South American countries such as Chile, Argentina, and Brazil.

North America is projected to dominate the market due to the presence of a huge population with significant purchasing power in this region. Furthermore, the foodservice industry's increased demand for red wine is moving the market ahead in this region.

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Red Wine Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Red Wine Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Red Wine Market report scope?

 Key Takeaways from this Red Wine Report

• Evaluate Red Wine market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Red Wine market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.

Frequently Asked Questions

What is the study period of this market?

The Red Wine Market is studied from 2017 - 2027.

What is the growth rate of Red Wine Market?

The Red Wine Market is growing at a CAGR of 6.62% over the next 5 years.

Who are the key players in Red Wine Market?

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.)

What region does this Red Wine Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Red Wine Market?

Still Wine, Sparkling Wine, Others

What are the major end-use applications of Red Wine Market?

Restaurant, Retail