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Explore the growth prospects of red wine in global markets, including production, revenue, consumption trends, and forecasts up to 2020. This report delves into the changing market dynamics, with insights on North America, Europe, China, Japan, Southeast Asia, and India. Witness the potential for a significant 4.2% CAGR growth in the red wine industry. Discover how emerging economies are reshaping the landscape of red wine consumption.
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GrowthProspects for Red Wine Industry in Emerging Economies: Ken Research
Ken Research has released its report on the growth estimates of red wine in the global market “Global red wine industry in-depth investigation and analysis report 2017”. The report analyses growth prospects of red wine and provides valuable data about its production, revenue, consumption, import and export in North America, Europe, China, Japan, Southeast Asia and India, from 2011 to 2016, and forecast up to 2020.
With a CAGR of 4.2% for five years, the red wine industry can look for a colossal growth in future. Currently, the developed world and China are major consumers of red wine. The United States, Europe, Japan, and China collectively account for 51% of the global red wine market. But the market scenario will change with the red wine trend gaining momentum immerging economies. Regions Covered in the report are: North America China Europe Japan Other
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