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 is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Red Wine market based on company, product type, end user and key regions.
This report studies the global market size of Red Wine in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Red Wine in these regions.
This research report categorizes the global Red Wine market by top players/brands, region, type and end user. This report also studies the global Red Wine market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Viña Concha y Toro S.A. (Chile)
E & J Gallo Winery (U.S.)
Constellation Brands, Inc. (U.S.)
The Wine Group (U.S.)
Treasury Wine Estates (Australia)
Grupo Peñaflor S.A. (Argentina)
Diageo plc (U.K.)
Market size by Product
Market size by End User
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Red Wine market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Red Wine market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Red Wine companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Red Wine submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Red Wine are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Red Wine market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.