Red Wine Market

Red Wine Market Anticipates Global Revenues To Surpass US$ 78 Billion By 2022

Key Takeaways

1. Global red wine industry to add 1.6x the market value by 2031 2. By type, shiraz and merlot red wines to hold 13% of global revenue share through 2031 3. Sales of sweet red wines are expected to reach US$ 78 Bn by 2021, growing at 4% CAGR through 2031 4. Semi-sweet red wines to account for a revenue share exceeding 2/5th across the forecast period


Product Type Sales Channel Body Type Sweetness Level

Competitive Landscape

– Accolade Wines Australia Limited – Casella Family Brands – Caviro – Viña Concha y Toro SA – Constellation Brands – Diageo Plc – E&J Gallo Winery – Grupo Peñaflor – The Wine Group – Treasury Wine Estates

Explore Fact.MR’S Comprehensive Coverage on Food & Beverage Domain