Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the global fortified wine market during the historical period of 2012 – 2016. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2019, and key prospects over the forecast period 2017 – 2022.
According to a new report by Fact.MR, the global fortified wine market is projected to register a low single-digit CAGR during the forecast period 2017 to 2022. Majority of people believe premium products to contain high-quality ingredients. Product premiumization is therefore considered as a major strategy adopted by market players in order to fuel adoption of fortified wine worldwide. Revenues from global sales of fortified wine are estimated to account for approximately US$ 2,000 Mn by 2022-end.
After reading the fortified wine market report, readers get insight into:
- Major drivers and restraining factors, opportunities and challenges, and the competitive landscape
- New, promising avenues in key regions
- New revenue streams for all players in emerging markets
- Focus and changing role of various regulatory agencies in bolstering new opportunities in various regions
- Demand and uptake patterns in key industries of the fortified wine market
- New research and development projects in new technologies in key regional markets
- Changing revenue share and size of key product segments during the forecast period
- Technologies and business models with disruptive potential
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The fortified wine market report offers assessment of prevailing opportunities in various regions and evaluates their shares of revenue by the end of different years of the assessment period. Key regions covered comprise:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico)
- Europe (Germany, U.K.)
- APEJ (China, India)
The evaluation of the competitive landscape in the fortified wine market covers the profile of the following top players:
- Sogrape SGPS, SA
- LLI GANCIA & C. S.p.A
- Sogevinus Fine Wines, S.A.
- The Wine Group LLC
- Davide Campari-Milano S.p.A
- & J. Gallo Winery
- Bacardi Limited
To expand the understanding of opportunities in the global fortified wine market report looks at close quarters into the opportunities and new avenues in following key segments:
- Modern Trade
- Grocery Store
- Convinience Store
- E-Commerce
- Other Retail Format
In addition to understanding the demand patterns of various end users, the report on the fortified wine market also enumerates trends expected to attract investments by other various associated industries.
On the basis of product types, the fortified wine market report offers insight into major adoption trends for the following segments:
- Madeira
- Marsala
- Port
- Sherry
- Vermouth
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The global fortified wine market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.
Some important questions that the fortified wine market report tries to answer exhaustively are:
- Key strategic moves by various players in the fortified wine market in recent years with respect to product launches, deals and tie-ups, and mergers and acquisitions, and divestment of shares.
- Which strategies will enable top players in the fortified wine market to expand their geographic footprints?
- Which new business models are expected to change the course of growth of key regional markets in near future?
- Which technologies will witness most attractive research investments and what will be the key sources of funding for startups and new entrants?
- Which products segments have in recent years have seen new, lucrative application areas?