Fortified Wine Market
Fortified Wine Market By Product (Madeira, Marsala, Port, Sherry, Vermouth), By Sweetness Level (Dry, Semi-sweet, Sweet), By Sales Channel (Modern Trade, Supermarkets/Hypermarkets, Liquor Stores, e-Commerce) & By Region - Global Market Insights 2023 to 2033
Analysis of Fortified Wine Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Fortified Wine Market Outlook (2023 to 2033)
The global fortified wine market is estimated to evolve at a CAGR of 6.8% from 2023 to 2033. The market stands at US$ 13 billion in 2023 and is slated to reach US$ 25 billion by 2033-end.
The adoption of dry wines is projected to rise at a significant CAGR over the forecast period. Due to the lack of sugar in dry wines, diabetics can easily consume them.
With the advent of the digital age and the quick uptake of social media, information is now easily accessible, which has resulted in the expansion of wine culture in many different parts of the world.
Fortified wines are prepared by blending wines with distilled liquor, for example - brandy. Fortified wines, often confused with spirits, were originally utilized as a preservation method. Wines are usually fortified for enhancing their strength and flavor. These wines are often referred to as “dessert wines”, owing to their high sweetness levels, coupled with their tendency of being consumed after meals.
Product premiumization is considered to be a major factor driving demand for fortified wines around the world. The majority of consumers believe that premium products comprise high-quality ingredients. There has been an uptake in demand for new flavors in fortified wine over the past few years.
Fortified wine is regarded as a particular wine that has been enhanced by the addition of alcohol during the fermentation process of the base wine to raise the average alcohol concentration to approximately 17-18%. Traditional fortified wines are associated with regions where the weather and soil are unfavorable for growing grapes that can be used to make high-quality light wines.
To create beverages with a variety of character styles and alcoholic strengths, the practice of adding alcohol made from grapes should be fully or partially fermented by the action of yeasts. Due to its dietary benefits and acceptance as an alcoholic beverage, wine is widely consumed.
Blends of grapes from different vintages are used to make fortified wines. The vast majority of fortified wines fall into one of two categories: sweet fortified wines or dry fortified wines. The fortified wine itself determines how long it ages.
A major revolution is taking place in both the alcoholic and non-alcoholic beverage industries because of the emergence of the wellness era, the mindful consumption trend, and consumers' preference for convenient yet high-quality products. Manufacturers of fortified wines are focusing on following new alcoholic beverage packaging trends, especially wine in cans, in light of the rising demand for ready-to-drink (RTD) alcoholic beverages.
A new generation of customers is anticipated to be drawn in by this tactical approach, which will also broaden the occasions for wine consumption. Additionally, market players will need to utilize creative, integrated techniques to create new marketing tactics as cocktail culture gains traction.
The market for fortified wines is progressively being propelled by rising consumer demand for new product developments in terms of flavor profiles. New and exotic flavors of fortified wine have emerged as a result of continuously changing tastes and preferences.
| Report Attributes | Details |
|---|---|
| Fortified Wine Market Size (2023) | US$ 13 Billion |
| Projected Market Value (2033) | US$ 25 Billion |
| Global Market Growth Rate (2023 to 2033) | 6.8% CAGR |
| Market Share of Vermouth | 60% |
| Key Companies Profiled | Taylor's Port; Albina & Hanna; Contratto; Vinbros; Treasury Wine Estates; Backsberg; Mazuran's Vineyards Limited; E. & J. Gallo Winery; Constellation Brands, Inc.; Trinchero Family Estates; The Wine Group; Liberty Wines Limited; Precept Wine, LLC; Michelle Wine Estate |
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Why are Sales of Fortified Wines Expected to Grow Swiftly?
“High Consumption of Alcoholic Beverages and Production Upgrades & Taste Innovation Fueling Sales of Fortified Wines”
The fortified wine industry is expanding as a result of consumers' increasing acceptance of alcohol and preference for wine, particularly in emerging countries. The growth of online retailing and the expansion of distribution networks both assist this. The market is growing as a result of additional causes such as rising consumer disposable incomes, improving living standards, increasing alcoholic beverage consumption, and developing food and beverage sectors.
Leading players' increasing efforts in product marketing and promotion to increase consumer awareness are anticipated to have a substantial impact on industry growth. Fortified wines are not well known or valued in many countries, and their flavor is also viewed as subpar and unsatisfactory. Thus, it is anticipated that the expanding fortified wine educational marketing will benefit the industry growth on a global scale.
Additionally, upgrades in production and taste innovation are anticipated to speed up market growth over the coming years. Alcoholic beverages are becoming in demand for a variety of special occasions, which is assisting the business' success. Throughout the projection period, industry growth will be fueled by consumer demand, which is viewed as social recognition. Fortified wine consumption also has many advantageous health impacts. These are the main forces behind market expansion.
How is Industry Growth Being Restrained to Some Extent?
“Stringent Government Regulations and Availability of Alternatives”
A large number of people are actively participating in campaigns to spread awareness about the adverse health effects of alcohol consumption. In addition, excessive consumption of these wines has resulted in numerous negative health effects.
Higher consumption of fortified wines by consumers has led to a rise in risks of diseases such as liver disease, heart disease, and certain cancers. This factor is expected to impede demand for fortified wines on a large scale over the coming years.
The industry would experience slower development throughout the forecasted period as a result of tighter government controls, increased wine taxes in several countries, and accessibility of substitutes.
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How Can Start-ups Carve a Space for Themselves in This Industry?
“New Companies Should Invest in R&D to Offer Improved Products to Consumers”
Emerging market players are investing in R&D and implementing advanced techniques in production, and offering unique products for consumers.
- In the Georgian town of Obcha, Baia's Wine is a small start-up with a significant environmental goal. The company focuses on conventional winemaking methods. On a modest, five-acre farm, native grapes are grown. They are afterward buried underground in clay vessels (without any additions) to ferment. 90% of the finished wines are sold at elite restaurants in the US and are all organic and biodynamic.
Which Region is Considered Profitable for Fortified Wine Providers?
“Rapid Integration of New Technologies for Fortified Wine Production in Europe”
Europe accounts for 50% share of the global market.
The market is primarily driven by rising fortified wine consumption among the population, the presence of growing economies, an increase in the usage of new technologies, and ongoing research and development among producers to discover newer techniques to produce fortified wine.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Country-wise Insights
What Makes the U.S. a Leading Fortified Wine Producer in North America?
“High Presence of Single-spirit Bars in the U.S.”
The market is expanding due to the large consumer base for alcoholic beverages, growing consumer awareness of the health advantages of fortified wine use, and rising disposable incomes.
Fortified wines have increased in popularity across the country as a result of the introduction of single-spirit bars. In these pubs, the love of vintage fortified wines such as sherry and port is especially noticeable.
Why is Fortified Wine Consumption Increasing across Germany?
“Surge in Retail Establishments and Internet Users across Germany”
The market in Germany is predicted to experience strong growth of the increasing acceptance of alcoholic beverages, the surge in retail establishments and internet users, and the growing consumption of fortified wines as an after-meal beverage.
Why is Japan a Prominent Market for Fortified Wine Suppliers?
“Rising Tourism and Growing Popularity of Fortified Wines among Millennials”
The existence of a huge population, rising tourism, and the product's rising appeal, especially among millennials are driving market growth in Japan. The market is anticipated to develop as a result of the food service channels, such as hotels and restaurants, finding more interesting methods to serve Madeira with every course of the meal.
Category-wise Insights
Which Product is Forecast to Gain the Highest Market Share?
“Vermouth More Preferred as Medication to Treat Colds & Viral Illnesses”
By product, the market is segmented into madeira, marsala, port, sherry, and vermouth. Vermouth wine accounts for 60% share of the global market. Market expansion is anticipated to be fueled by the growing usage of vermouth wine as a medication to treat colds and viral illnesses.
Vermouth is a base loaded with alcohol and different botanicals. These varieties of fortified wine are consumed as an aperitif around the world. In recent years, customers have migrated away from more conventional alcoholic beverages such as gin and brandy in favor of cocktails and other types of mixed drinks. In bars and hotels, these drinks are highly ordered.
It is predicted that these consumer trends will drive the demand for vermouth wine over the coming years. As vermouth wine has a stronger flavor than wine, it is widely used in cooking as a substitute for white wine. If used in some meals, it might be too much. Dry vermouth's herbal flavor makes it a desirable addition to marinades for pork and chicken as well as fish meals. These characteristics of vermouth wine have fueled industry expansion.
Is e-Commerce the Go-to Route for the Sales of Fortified Wine?
“e-Commerce Gaining Significant Momentum Due to Easy Availability of Diverse Range of Products at Doorsteps”
The market is classified into modern trade, supermarkets/hypermarkets, liquor stores, and e-Commerce based on the sales channel.
In the last few years, buying alcohol online has grown in popularity and is anticipated to do so even more over the coming years. The benefits to consumers are numerous, including easy shopping, prompt home delivery, a variety of offers, and others. As a result, large markets are heavily reliant on the online sales channel.
As a result, manufacturers are concentrating on creating new e-Commerce platforms and forming partnerships to increase their market share. Future growth is additionally anticipated to be supported by the advancements and enhanced distribution networks in e-Commerce.
For wine producers, the availability of significant discounts and alluring offers through the e-Commerce channel is anticipated to present profitable expansion potential.
Due to the increasing rate of internet use, the e-Commerce industry has experienced a profitable expansion in recent years. Numerous manufacturers are selling alcoholic beverages on their websites and through online marketplaces.
Competitive Landscape
Key fortified wine producers are concentrating on creating new formulations and releasing new products in the market. Top companies also pursue new product development because product differentiation broadens their customer base.
Intense innovation from the major businesses has resulted from the increased customer desire for new and distinctive flavors to satisfy their changing preferences.
For instance,
- To support its long-term innovation objectives and future commercial expansion, E. & J. Gallo Winery announced that it will invest US$ 423 billion in the construction of a new manufacturing facility and distribution hub.
- In 2021, E&J Gallo, a California-based wine company, revealed that it had sold its two most important fortified wine brands to Precept Wine, a Seattle-based business. Precept had purchased the company's fortified wine brands Fairbanks and Sheffield Cellars. It is anticipated that this initiative would improve Precept's expanding wine portfolio and increase its total footprint.
Key Segments Covered in Fortified Wine Industry Research
-
By Product:
- Madeira
- Marsala
- Port
- Sherry
- Vermouth
-
By Sweetness Level:
- Dry
- Semi-sweet
- Sweet
-
By Sales Channel:
- Modern Trade
- Supermarkets/Hypermarkets
- Liquor Stores
- e-Commerce
-
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Global Market Analysis and Forecast By Product Type
- 3.1. Madeira
- 3.2. Marsala
- 3.3. Port
- 3.4. Sherry
- 3.5. Vermouth
- 4. Global Market Analysis and Forecast By Sales Channel
- 4.1. Modern Trade
- 4.2. Grocery Store
- 4.3. Convenience Store
- 4.4. E-Commerce
- 4.5. Other Retail Format
- 5. Global Market Analysis and Forecast By Body Type
- 5.1. Light Bodied
- 5.2. Medium Bodied
- 5.3. Full-Bodied
- 6. Global Market Analysis and Forecast By Sweetness Level
- 6.1. Dry
- 6.2. Semi-sweet
- 6.3. Sweet
- 7. Global Market Analysis and Forecast By Region
- 7.1. North America
- 7.2. Latin America
- 7.3. Europe
- 7.4. Japan
- 7.5. APEJ
- 7.6. MEA
- 8. North America Market Analysis and Forecast, By Country, 2023 to 2033
- 9. Latin America Market Analysis and Forecast, By Country, 2023 to 2033
- 10. Europe Market Analysis and Forecast, By Country, 2023 to 2033
- 11. Japan Market Analysis and Forecast, By Country, 2023 to 2033
- 12. APEJ Market Analysis and Forecast, By Country, 2023 to 2033
- 13. MEA Market Analysis and Forecast, By Country, 2023 to 2033
- 14. Global Market Competition Landscape and Company Profile
- 14.1. Bacardi Limited
- 14.2. E. & J. Gallo Winery
- 14.3. Davide Campari-Milano S.p.A
- 14.4. The Wine Group LLC
- 14.5. Sogevinus Fine Wines, S.A.
- 14.6. F.LLI GANCIA & C. S.p.A
- 14.7. Sogrape SGPS, SA
- 15. Research Methodology
- 16. Secondary and Primary Sources
- 17. Assumptions and Acronyms
- 18. Disclaimer
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List Of Table
TABLE 1: Global Market Value (US$ Mn), 2018 to 2022
TABLE 2: Global Market Value (US$ Mn), 2023 to 2033
TABLE 3: Global Market Value (US$ Mn) and Y-o-Y, 2015 to 2022
TABLE 4: Global Madeira Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 5: Global Madeira Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 6: Global Madeira Segment Market Share, By Region 2018 to 2022
TABLE 7: Global Madeira Segment Market Share, By Region 2023 to 2033
TABLE 8: Global Madeira Segment Y-o-Y, By Region 2015 to 2022
TABLE 9: Global Marsala Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 10: Global Marsala Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 11: Global Marsala Segment Market Share, By Region 2018 to 2022
TABLE 12: Global Marsala Segment Market Share, By Region 2023 to 2033
TABLE 13: Global Marsala Segment Y-o-Y, By Region 2015 to 2022
TABLE 14: Global Port Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 15: Global Port Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 16: Global Port Segment Market Share, By Region 2018 to 2022
TABLE 17: Global Port Segment Market Share, By Region 2023 to 2033
TABLE 18: Global Port Segment Y-o-Y, By Region 2015 to 2022
TABLE 19: Global Sherry Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 20: Global Sherry Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 21: Global Sherry Segment Market Share, By Region 2018 to 2022
TABLE 22: Global Sherry Segment Market Share, By Region 2023 to 2033
TABLE 23: Global Sherry Segment Y-o-Y, By Region 2015 to 2022
TABLE 24: Global Vermouth Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 25: Global Vermouth Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 26: Global Vermouth Segment Market Share, By Region 2018 to 2022
TABLE 27: Global Vermouth Segment Market Share, By Region 2023 to 2033
TABLE 28: Global Vermouth Segment Y-o-Y, By Region 2015 to 2022
TABLE 29: Global Modern Trade Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 30: Global Modern Trade Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 31: Global Modern Trade Segment Market Share, By Region 2018 to 2022
TABLE 32: Global Modern Trade Segment Market Share, By Region 2023 to 2033
TABLE 33: Global Modern Trade Segment Y-o-Y, By Region 2015 to 2022
TABLE 34: Global Grocery Store Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 35: Global Grocery Store Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 36: Global Grocery Store Segment Market Share, By Region 2018 to 2022
TABLE 37: Global Grocery Store Segment Market Share, By Region 2023 to 2033
TABLE 38: Global Grocery Store Segment Y-o-Y, By Region 2015 to 2022
TABLE 39: Global Convinience Store Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 40: Global Convinience Store Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 41: Global Convinience Store Segment Market Share, By Region 2018 to 2022
TABLE 42: Global Convinience Store Segment Market Share, By Region 2023 to 2033
TABLE 43: Global Convinience Store Segment Y-o-Y, By Region 2015 to 2022
TABLE 44: Global E-Commerce Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 45: Global E-Commerce Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 46: Global E-Commerce Segment Market Share, By Region 2018 to 2022
TABLE 47: Global E-Commerce Segment Market Share, By Region 2023 to 2033
TABLE 48: Global E-Commerce Segment Y-o-Y, By Region 2015 to 2022
TABLE 49: Global Other Retail Format Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 50: Global Other Retail Format Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 51: Global Other Retail Format Segment Market Share, By Region 2018 to 2022
TABLE 52: Global Other Retail Format Segment Market Share, By Region 2023 to 2033
TABLE 53: Global Other Retail Format Segment Y-o-Y, By Region 2015 to 2022
TABLE 54: Global Light Bodied Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 55: Global Light Bodied Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 56: Global Light Bodied Segment Market Share, By Region 2018 to 2022
TABLE 57: Global Light Bodied Segment Market Share, By Region 2023 to 2033
TABLE 58: Global Light Bodied Segment Y-o-Y, By Region 2015 to 2022
TABLE 59: Global Medium Bodied Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 60: Global Medium Bodied Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 61: Global Medium Bodied Segment Market Share, By Region 2018 to 2022
TABLE 62: Global Medium Bodied Segment Market Share, By Region 2023 to 2033
TABLE 63: Global Medium Bodied Segment Y-o-Y, By Region 2015 to 2022
TABLE 64: Global Full-Bodied Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 65: Global Full-Bodied Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 66: Global Full-Bodied Segment Market Share, By Region 2018 to 2022
TABLE 67: Global Full-Bodied Segment Market Share, By Region 2023 to 2033
TABLE 68: Global Full-Bodied Segment Y-o-Y, By Region 2015 to 2022
TABLE 69: Global Dry Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 70: Global Dry Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 71: Global Dry Segment Market Share, By Region 2018 to 2022
TABLE 72: Global Dry Segment Market Share, By Region 2023 to 2033
TABLE 73: Global Dry Segment Y-o-Y, By Region 2015 to 2022
TABLE 74: Global Semi-sweet Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 75: Global Semi-sweet Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 76: Global Semi-sweet Segment Market Share, By Region 2018 to 2022
TABLE 77: Global Semi-sweet Segment Market Share, By Region 2023 to 2033
TABLE 78: Global Semi-sweet Segment Y-o-Y, By Region 2015 to 2022
TABLE 79: Global Sweet Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 80: Global Sweet Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 81: Global Sweet Segment Market Share, By Region 2018 to 2022
TABLE 82: Global Sweet Segment Market Share, By Region 2023 to 2033
TABLE 83: Global Sweet Segment Y-o-Y, By Region 2015 to 2022
TABLE 84: North America Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 85: North America Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 86: North America Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 87: North America Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 88: North America Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 89: North America Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 90: North America Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 91: North America Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 92: Latin America Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 93: Latin America Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 94: Latin America Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 95: Latin America Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 96: Latin America Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 97: Latin America Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 98: Latin America Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 99: Latin America Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 100: Europe Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 101: Europe Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 102: Europe Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 103: Europe Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 104: Europe Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 105: Europe Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 106: Europe Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 107: Europe Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 108: Japan Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 109: Japan Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 110: Japan Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 111: Japan Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 112: Japan Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 113: Japan Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 114: Japan Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 115: Japan Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 116: APEJ Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 117: APEJ Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 118: APEJ Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 119: APEJ Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 120: APEJ Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 121: APEJ Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 122: APEJ Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 123: APEJ Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 124: MEA Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 125: MEA Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 126: MEA Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 127: MEA Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 128: MEA Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 129: MEA Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 130: MEA Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 131: MEA Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 132: US Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 133: US Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 134: US Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 135: US Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 136: US Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 137: US Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 138: US Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 139: US Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 140: Canada Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 141: Canada Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 142: Canada Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 143: Canada Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 144: Canada Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 145: Canada Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 146: Canada Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 147: Canada Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 148: Brazil Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 149: Brazil Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 150: Brazil Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 151: Brazil Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 152: Brazil Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 153: Brazil Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 154: Brazil Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 155: Brazil Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 156: Mexico Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 157: Mexico Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 158: Mexico Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 159: Mexico Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 160: Mexico Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 161: Mexico Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 162: Mexico Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 163: Mexico Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 164: Argentina Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 165: Argentina Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 166: Argentina Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 167: Argentina Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 168: Argentina Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 169: Argentina Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 170: Argentina Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 171: Argentina Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 172: Germany Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 173: Germany Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 174: Germany Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 175: Germany Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 176: Germany Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 177: Germany Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 178: Germany Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 179: Germany Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 180: UK Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 181: UK Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 182: UK Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 183: UK Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 184: UK Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 185: UK Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 186: UK Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 187: UK Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 188: France Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 189: France Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 190: France Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 191: France Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 192: France Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 193: France Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 194: France Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 195: France Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 196: Spain Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 197: Spain Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 198: Spain Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 199: Spain Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 200: Spain Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 201: Spain Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 202: Spain Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 203: Spain Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 204: Italy Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 205: Italy Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 206: Italy Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 207: Italy Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 208: Italy Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 209: Italy Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 210: Italy Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 211: Italy Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 212: Nordic Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 213: Nordic Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 214: Nordic Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 215: Nordic Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 216: Nordic Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 217: Nordic Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 218: Nordic Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 219: Nordic Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 220: Japan Fortified Wine Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 221: Japan Fortified Wine Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 222: Japan Fortified Wine Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 223: Japan Fortified Wine Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 224: Japan Fortified Wine Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 225: Japan Fortified Wine Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 226: Japan Fortified Wine Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 227: Japan Fortified Wine Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 228: China Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 229: China Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 230: China Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 231: China Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 232: China Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 233: China Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 234: China Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 235: China Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 236: India Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 237: India Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 238: India Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 239: India Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 240: India Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 241: India Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 242: India Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 243: India Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 244: Malaysia Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 245: Malaysia Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 246: Malaysia Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 247: Malaysia Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 248: Malaysia Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 249: Malaysia Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 250: Malaysia Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 251: Malaysia Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 252: Thailand Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 253: Thailand Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 254: Thailand Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 255: Thailand Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 256: Thailand Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 257: Thailand Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 258: Thailand Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 259: Thailand Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 260: Singapore Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 261: Singapore Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 262: Singapore Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 263: Singapore Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 264: Singapore Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 265: Singapore Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 266: Singapore Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 267: Singapore Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 268: Australia Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 269: Australia Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 270: Australia Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 271: Australia Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 272: Australia Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 273: Australia Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 274: Australia Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 275: Australia Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 276: GCC Countries Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 277: GCC Countries Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 278: GCC Countries Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 279: GCC Countries Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 280: GCC Countries Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 281: GCC Countries Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 282: GCC Countries Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 283: GCC Countries Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 284: South Africa Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 285: South Africa Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 286: South Africa Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 287: South Africa Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 288: South Africa Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 289: South Africa Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 290: South Africa Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 291: South Africa Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 292: Nigeria Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 293: Nigeria Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 294: Nigeria Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 295: Nigeria Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 296: Nigeria Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 297: Nigeria Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 298: Nigeria Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 299: Nigeria Market Value (US$ Mn), By Sweetness Level 2023 to 2033
TABLE 300: Israel Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 301: Israel Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 302: Israel Market Value (US$ Mn), By Sales Channel 2018 to 2022
TABLE 303: Israel Market Value (US$ Mn), By Sales Channel 2023 to 2033
TABLE 304: Israel Market Value (US$ Mn), By Body Type 2018 to 2022
TABLE 305: Israel Market Value (US$ Mn), By Body Type 2023 to 2033
TABLE 306: Israel Market Value (US$ Mn), By Sweetness Level 2018 to 2022
TABLE 307: Israel Market Value (US$ Mn), By Sweetness Level 2023 to 2033
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List Of Figures
Figure 1: Global Market Value (US$ Mn), 2018 to 2022
Figure 2: Global Market Value (US$ Mn) Forecast, 2023 to 2033
Figure 3: Global Market Value (US$ Mn) and Y-o-Y, 2015 to 2022
Figure 4: Global Madeira Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 5: Global Madeira Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 6: Global Madeira Segment Y-o-Y Growth Rate, By Region, 2015 to 2022
Figure 7: Global Marsala Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 8: Global Marsala Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 9: Global Marsala Segment Y-o-Y Growth Rate, By Region, 2015 to 2022
Figure 10: Global Port Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 11: Global Port Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 12: Global Port Segment Y-o-Y Growth Rate, By Region, 2015 to 2022
Figure 13: Global Sherry Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 14: Global Sherry Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 15: Global Sherry Segment Y-o-Y Growth Rate, By Region, 2015 to 2022
Figure 16: Global Vermouth Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 17: Global Vermouth Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 18: Global Vermouth Segment Y-o-Y Growth Rate, By Region, 2015 to 2022
Figure 19: Global Modern Trade Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 20: Global Modern Trade Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 21: Global Modern Trade Segment Y-o-Y Growth Rate, By Region, 2015 to 2022
Figure 22: Global Grocery Store Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 23: Global Grocery Store Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 24: Global Grocery Store Segment Y-o-Y Growth Rate, By Region, 2015 to 2022
Figure 25: Global Convinience Store Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 26: Global Convinience Store Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 27: Global Convinience Store Segment Y-o-Y Growth Rate, By Region, 2015 to 2022
Figure 28: Global E-Commerce Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 29: Global E-Commerce Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 30: Global E-Commerce Segment Y-o-Y Growth Rate, By Region, 2015 to 2022
Figure 31: Global Other Retail Format Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 32: Global Other Retail Format Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 33: Global Other Retail Format Segment Y-o-Y Growth Rate, By Region, 2015 to 2022
Figure 34: Global Light Bodied Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 35: Global Light Bodied Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 36: Global Light Bodied Segment Y-o-Y Growth Rate, By Region, 2015 to 2022
Figure 37: Global Medium Bodied Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 38: Global Medium Bodied Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 39: Global Medium Bodied Segment Y-o-Y Growth Rate, By Region, 2015 to 2022
Figure 40: Global Full-Bodied Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 41: Global Full-Bodied Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 42: Global Full-Bodied Segment Y-o-Y Growth Rate, By Region, 2015 to 2022
Figure 43: Global Dry Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 44: Global Dry Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 45: Global Dry Segment Y-o-Y Growth Rate, By Region, 2015 to 2022
Figure 46: Global Semi-sweet Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 47: Global Semi-sweet Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 48: Global Semi-sweet Segment Y-o-Y Growth Rate, By Region, 2015 to 2022
Figure 49: Global Sweet Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 50: Global Sweet Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 51: Global Sweet Segment Y-o-Y Growth Rate, By Region, 2015 to 2022
Figure 52: North America Market Value (US$ Mn), By Product Type 2018 to 2022
Figure 53: North America Market Value (US$ Mn), By Product Type 2023 to 2033
Figure 54: North America Market Value (US$ Mn), By Sales Channel 2018 to 2022
Figure 55: North America Market Value (US$ Mn), By Sales Channel 2023 to 2033
Figure 56: North America Market Value (US$ Mn), By Body Type 2018 to 2022
Figure 57: North America Market Value (US$ Mn), By Body Type 2023 to 2033
Figure 58: North America Market Value (US$ Mn), By Sweetness Level 2018 to 2022
Figure 59: North America Market Value (US$ Mn), By Sweetness Level 2023 to 2033
Figure 60: Latin America Market Value (US$ Mn), By Product Type 2018 to 2022
Figure 61: Latin America Market Value (US$ Mn), By Product Type 2023 to 2033
Figure 62: Latin America Market Value (US$ Mn), By Sales Channel 2018 to 2022
Figure 63: Latin America Market Value (US$ Mn), By Sales Channel 2023 to 2033
Figure 64: Latin America Market Value (US$ Mn), By Body Type 2018 to 2022
Figure 65: Latin America Market Value (US$ Mn), By Body Type 2023 to 2033
Figure 66: Latin America Market Value (US$ Mn), By Sweetness Level 2018 to 2022
Figure 67: Latin America Market Value (US$ Mn), By Sweetness Level 2023 to 2033
Figure 68: Europe Market Value (US$ Mn), By Product Type 2018 to 2022
Figure 69: Europe Market Value (US$ Mn), By Product Type 2023 to 2033
Figure 70: Europe Market Value (US$ Mn), By Sales Channel 2018 to 2022
Figure 71: Europe Market Value (US$ Mn), By Sales Channel 2023 to 2033
Figure 72: Europe Market Value (US$ Mn), By Body Type 2018 to 2022
Figure 73: Europe Market Value (US$ Mn), By Body Type 2023 to 2033
Figure 74: Europe Market Value (US$ Mn), By Sweetness Level 2018 to 2022
Figure 75: Europe Market Value (US$ Mn), By Sweetness Level 2023 to 2033
Figure 76: Japan Market Value (US$ Mn), By Product Type 2018 to 2022
Figure 77: Japan Market Value (US$ Mn), By Product Type 2023 to 2033
Figure 78: Japan Market Value (US$ Mn), By Sales Channel 2018 to 2022
Figure 79: Japan Market Value (US$ Mn), By Sales Channel 2023 to 2033
Figure 80: Japan Market Value (US$ Mn), By Body Type 2018 to 2022
Figure 81: Japan Market Value (US$ Mn), By Body Type 2023 to 2033
Figure 82: Japan Market Value (US$ Mn), By Sweetness Level 2018 to 2022
Figure 83: Japan Market Value (US$ Mn), By Sweetness Level 2023 to 2033
Figure 84: APEJ Market Value (US$ Mn), By Product Type 2018 to 2022
Figure 85: APEJ Market Value (US$ Mn), By Product Type 2023 to 2033
Figure 86: APEJ Market Value (US$ Mn), By Sales Channel 2018 to 2022
Figure 87: APEJ Market Value (US$ Mn), By Sales Channel 2023 to 2033
Figure 88: APEJ Market Value (US$ Mn), By Body Type 2018 to 2022
Figure 89: APEJ Market Value (US$ Mn), By Body Type 2023 to 2033
Figure 90: APEJ Market Value (US$ Mn), By Sweetness Level 2018 to 2022
Figure 91: APEJ Market Value (US$ Mn), By Sweetness Level 2023 to 2033
Figure 92: MEA Market Value (US$ Mn), By Product Type 2018 to 2022
Figure 93: MEA Market Value (US$ Mn), By Product Type 2023 to 2033
Figure 94: MEA Market Value (US$ Mn), By Sales Channel 2018 to 2022
Figure 95: MEA Market Value (US$ Mn), By Sales Channel 2023 to 2033
Figure 96: MEA Market Value (US$ Mn), By Body Type 2018 to 2022
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- FAQs -
What is the expected valuation of the fortified wine market for 2033?
The adoption of fortified wines is set to reach a market value of US$ 25 billion by 2033.
What is the projected CAGR for the market from 2023 to 2033?
Demand for fortified wines is expected to increase at a CAGR of 6.8% through 2033.
Who are the top fortified wine providers?
Albina & Hanna, Contratto, and Vinbros are key fortified wine suppliers.
What are the key trends driving fortified wine sales?
Growing popularity of online stores and rising premiumization product demand are boosting market expansion.
Which region is the most attractive for fortified wine vendors?
At present, Europe accounts for 50% share of the global market.
Fortified Wine Market