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Global Fortified Wine Market Size, Competitive Analysis, Share, Forecast- 2020-2026
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Global Fortified Wine Market Size, Competitive Analysis, Share, Forecast- 2020-2026 Request a Free Sample @ https://www.omrglobal.com/request-sample/fortified-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404 The global fortified wine market is estimated to grow at a CAGR of nearly 4.8% during the forecast period. The major factors contributing to the growth of the market include emerging demand for premium alcoholic beverages and growing disposable income across emerging countries. As per the State Council of the People's Republic of China, the country’s per capita disposable income stood at $1,265 in the first three months of 2019, up 6.8% year-on-year in real terms. Urban and rural per capita disposable income reached nearly $1735 and $686 in the first quarter of 2019, up 5.9% and 6.9% in real terms, respectively. Get Free Sample Copy @https://www.omrglobal.com/request-sample/fortified-market Chinese per capita consumer spending increased by 5.4% year-on-year in real terms to reach nearly $826 in the first quarter of 2019. This rising per capita income is further supporting to drive the market growth in the country. This, in turn, is expected to contribute to the adoption of premium fortified wine products. Further, the adoption of fortified wine are being primarily led by significant alcoholic consumption across the countries and increasing demand for beverages with different natural flavors. Millennials are primarily buying innovative alcoholic beverages products and therefore, the manufacturers are using natural flavors that enables to enhance the taste and fragrance of their alcoholic beverages.
Browse for Full Report Description@https://www.omrglobal.com/industry-reports/fortified- market The comprehensive range of fortified wine with innovative natural flavors is providing multiple options for consumers which allows them to select the product of their choice. There is an increasing trend towards celebrity-owned brands available in the market that is bound to attract a large number of the customer base. Most people prefer to consume premium alcohol beverage of their favorite celebrities. Therefore, it is expected that more new launches of celebrities-owned premium alcohol brands will occur in the near future, which in turn, will likely propel the market growth. Fortified wine contains higher alcohol content and features a unique aroma and flavor that makes it different from regular varieties, which in turn, is encouraging the growth of the market. Market Segmentation Global Fortified Wine Market by Type Port Wine Sherry Vermouth Madeira Others Global Fortified Wine Market by Distribution Channel Online Offline Specialty Stores Supermarkets and Hypermarkets Liquor Stores Others
Regional Analysis North America United States Canada Europe UK Germany Italy Spain France Rest of Europe Asia-Pacific China India Japan Rest of Asia-Pacific Rest of the World Company Profiles Atsby Vermouth Bacardi Ltd. Backsberg Contratto s.r.l. Davide Campari-Milano S.p.A. E. & J. Gallo Winery
Fratelli Gancia & C. S.p.A. Imbue Cellars Liberty Wines Ltd. Sogevinus Fine Wines S.L. Sogrape Group Symington Family Estates Vinhos SA Taylor’s Port The Dolin Co. The Wine Group Vinbros and Co. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/fortified-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404