Fortified wine is a type of wine, where distilled spirits like brandy are added. Fortified wines have a high alcohol content and usually have about 15%-22%. Distilled spirit is added to wine before the fermentation process is complete to make the wine sweeter and strong.
Technavio’s analysts forecast the global fortified wine market to grow at a CAGR of 4.38% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global fortified wine market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Fortified Wine Market 2017-2021, 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 • BACARDÍ • E. & J. Gallo Winery • Gruppo Campari • The Wine Group
Market driver • Increasing demand for new flavors in fortified wines • For a full, detailed list, view our report
Market challenge • Campaigns against alcohol consumption • For a full, detailed list, view our report
Market trend • Increasing demand for wine in the US and China • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 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?
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