Dry Red Wine Market Size in 2023, Share, Opportunities, Top Manufacturers, Revenue, Trends, Forecast 2028
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“Dry Red Wine Market” Market Analysis and Insights: Global Dry Red Wine Market
Due to the COVID-19 pandemic, the global Dry Red Wine market size is estimated to be worth USD million in 2023 and is forecast to a readjusted size of USD million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Still Wines accounting for % of the Dry Red Wine global market in 2021, is projected to value USD million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Daily Meals segment is altered to an % CAGR throughout this forecast period.
China Dry Red Wine market size is valued at USD million in 2021, while the US and Europe Dry Red Wine are USD million and USD million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Dry Red Wine landscape, Germany is projected to reach USD million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Dry Red Wine include E&J Gallo Winery (USA), Constellation (USA), Castel (France), The Wine Group (USA), Accolade Wines (South Australia), Concha y Toro (Chile), Treasury Wine Estates (TWE) (Australia), Trinchero Family (USA) and Pernod-Ricard (France), etc. In 2021, the global top five players have a share approximately % in terms of revenue.
Global Dry Red Wine Scope and Segment
Dry Red Wine market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Dry Red Wine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
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The Major Players in the Industrial Dry Red Wine Market include:
- E&J Gallo Winery (USA)
- Constellation (USA)
- Castel (France)
- The Wine Group (USA)
- Accolade Wines (South Australia)
- Concha y Toro (Chile)
- Treasury Wine Estates (TWE) (Australia)
- Trinchero Family (USA)
- Pernod-Ricard (France)
- Diageo (UK)
- Casella Wines (Australia)
- Changyu Group
- Kendall-Jackson Vineyard Estates
- GreatWall (China)
- Dynasty (China)
By Product Types:
- Still Wines
- Sparkling Wines
By Applications:
- Daily Meals
- Social Occasions
- Entertainment Venues
- Other Situations
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