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Global Wine Market

Wine Market size was valued at USD 263.8 billion in 2021 and is poised to grow from USD 296.6 billion in 2022 to USD 444.5 billion by 2030, growing at a CAGR of 5.95% in the forecast period (2023-2030).

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Global Wine Market

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  1. Global Wine Market Size, Share, Growth Analysis, - Industry Forecast 2023-2030 Wine Market size was valued at USD 263.8 billion in 2021 and is poised to grow from USD 296.6 billion in 2022 to USD 444.5 billion by 2030, growing at a CAGR of 5.95% in the forecast period (2023-2030). Wine Market is an essential aspect of the European civilization, and this has been influencing other cultures of the world. Mostly young population consume wine as part of their diet, respective of home parties, and social occasions. Over the projected period, these consumer trends are likely to drive market expansion. The demand and consumption have remained stable in the majority of global economies. During the outbreak of Covid-19, the wine industry came to a standstill. However, with the relaxation of quarantine regulations and the shift of consumers toward online purchase, the industry is expected to resume its normal development rate. Due to its flavour and refreshing features, the wine sector offers consumers the pleasure of alcohol without any hazards and relaying significant appeal. Because of the relaxation of trade taxes and tariff barriers, the beverage has become an essential commodity and is also gaining appeal in the international market. The growing tendency of people socialising with alcohol, along with the introduction of low alcohol-by-volume (ABV) beverages for the working population is driving the market expansion. View More Info @:https://www.skyquestt.com/report/wine-market Wine Market Top Player's Company Profiles •E & J Gallo Winery •Constellation Brands •The Wine Group

  2. •Treasury Wine Estates •Pernod Ricard •Diageo •Accolade Wines •Concha y Toro •Viña Concha y Toro •Castel Group •Bronco Wine Company •Trinchero Family Estates •Kendall-Jackson •Treasury Wine Estates •Torres •Bacardi Limited •LVMH Moët Hennessy - Louis Vuitton SE •Remy Cointreau AboutUs: SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally. Address:

  3. 1 Apache Way, Westford, Massachusetts 01886 Phone: USA(+1)617-230-0741 Email: sales@skyquestt.com LinkedIn Facebook Twitter GLOBAL WINE MARKET SIZE GLOBAL WINE GROWTH GLOBAL WINE MARKET FORECAST

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