(Entertainment-NewsWire.com, October 05, 2016 ) Wine is an alcoholic drink produced by the fermentation of grapes or other fruits. It has various health benefits, if consumed in adequate amounts. Wine is the third-largest segment of the global alcoholic drinks market. The wine market has become mature in Europe, especially in Germany, France, and Italy. However, APAC has the most potential for the manufacturers and is growing at a rapid rate.
Technavios analysts forecast the global wine market to reach a global consumption of more than 30 billion liters during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global wine market for 2016-2020. To calculate the market size, the report considers the the revenue generated from the sales of wine products to individual consumers.
The market is divided into the following segments based on geography:
Global Wine Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Accolade Wines Constellation Brands E. & J. Gallo Winery The Wine Torres Treasury Wine Estates Vina Concha y Toro
Other prominent vendors
Distell Global Drinks Finland International Beverage Holdings John Distilleries Soyuz-Victan SPI
Market driver
Mergers and acquisitions in the market For a full, detailed list, view our report
Market challenge
Effects of natural disasters and adverse weather conditions For a full, detailed list, view our report
Increasing demand for wine in US and China For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?