The Fortified Wine market report analyses companies, market size outlook across types, applications, countries along with competitive strategies, trends, drivers, opportunities and market developments. The base year for the study is 2020 and the forecast period is from 2021 to 2028.
The global Fortified Wine market is poised to register optimistic growth rates throughout 2021 and 2022 as positive momentum builds in the world economy, though some differences remain among geographies. The pace of change will accelerate in the Fortified Wine industry and companies quickly re-aligning their strategies will emerge stronger from the unprecedented changes. However, the COVID-19 pandemic remains a major threat for most Fortified Wine market outlook in addition to concerns of inflation, supply-chain disruptions, and weak consumer demand.
Global Fortified Wine Market- Post COVID-19 Recovery Scenarios and Impact Analysis
The COVID-19 pandemic had a significant impact on the regional and country-level Fortified Wine markets worldwide. The report presents three outlook scenarios for the global Fortified Wine market size for 2021 and 2022.
- Low Growth: Economic recovery will be slow, supply-chain disruptions continue to pose challenges, and consumer demand remains weak.
- Medium Growth: Economic recovery will be fast, supply-chain disruptions continue, and consumer demand recovers moderately.
- High Growth: Rapid economic recovery, supply-chain disruptions handled, and consumer demand will be strong
The outlook for economic progress across most countries is optimistic for 2021. Assuming localized recurrences of the Coronavirus, economic growth accelerates in the second half of 2021, and consumption returning to pre-pandemic levels in 2021, Chinese real GDP growth is estimated at 7.9% and 8.4% in 2021 and 2022 respectively. Similarly, the US is likely to register 4% growth in 2021 and 3% in 2022 while the European real GDP growth is estimated at 2.7% for 2021 and 5.1% for 2022.
Fortified Wine Market Driving Factors, Restraints, and Opportunities
The global Fortified Wine market has significant market potential and offers diverse opportunities across countries. Strategic and financial investors are racing to capture the strong potential in the industry. In this report, we examine the main Fortified Wine trends that will likely influence the future of Fortified Wine markets. The Fortified Wine report also identifies promising investment opportunities and offers a view of how players might successfully pursue them. The pandemic led to a widening divide between rural and urban communities, and companies must overcome challenges in the Fortified Wine industry. Acting with determination and speed is one of the critical success factors in the near to medium future. Detailed analyses of challenges faced by Fortified Wine companies operating in the market are included in the report.
Fortified Wine Market Segmentation Analysis and Outlook
The report scope encompasses major Fortified Wine types and major Fortified Wine applications worldwide and presents a detailed analysis and outlook of each specific Fortified Wine type and application. Forecasts of individual types and applications are provided at the global level and also analyzed for North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In each region, the largest and fastest-growing market types and applications are analyzed. The base year is 2020 and the forecast period is from 2021 to 2028 for all segments.
Geographic Analysis: Asia Pacific countries are among the fastest-growing markets globally
We hold an optimistic outlook for both the consumption and market size outlook for Asia Pacific countries. With most countries in the Asia Pacific witnessing their currencies appreciate against the US dollar over 2021, the short-term outlook remains robust across markets. Further, over the long run, driven by attractive demographics profile in the Asia Pacific and an increasing number of middle-to-upper income households, countries in the Asia Pacific Fortified Wine market will register a strong growth outlook throughout the forecast period. Consumers are also quickly re-prioritizing their spending away from essentials, which will support the Fortified Wine market growth in the Asia Pacific.
In addition to the Asia Pacific, the report also analyzes the short-term and long-term outlook of North America Fortified Wine market, Europe Fortified Wine market, Latin America Fortified Wine market, Middle East, and Africa Fortified Wine markets. Countries covered in the scope of the Fortified Wine study include United States, Canada, Mexico, Brazil, Argentina, Germany, United Kingdom, France, Spain, Italy, China, India, Japan, South Korea, Middle East, Africa, and others.
Competitive Landscape: Fortified Wine Market Companies
The global Fortified Wine market is facing intense competitive conditions as more companies continue to target specific customer bases. The recovery from the pandemic is not uniquely spread across geographies and accordingly, most companies are opting for focused strategies to localized market conditions since the start of the pandemic. For instance, the majority of European consumers continue to emphasize seeking brands with strong purpose and good values while there has been a fundamental shift from essential goods in some Asia Pacific markets. The report analyses five leading Fortified Wine companies including their business operations, SWOT Analysis, and financial profile.
Scope of the Fortified Wine Study - Historic and Forecast period considered for the study is from 2018 to 2028
- Base Year for the study is 2020, while the forecast period is from 2021 to 2028
- The Fortified Wine market size is presented in value terms, in US Dollars
- Strategic Analysis Review including Trends, Drivers, Restraints, Key competitive strategies, and porter’s five forces analysis
- Segments covered include types, applications, and countries/regions
- Fortified Wine Countries covered include US, Canada, Mexico, China, India, Japan, South Korea, Germany, United Kingdom, France, Spain, Italy, Brazil, Argentina, Other Asia/Oceania, Other Europe, Other Latin America, Middle East, Africa, and others
- Fortified Wine Companies including five key players in the industry and their business overview, SWOT, and financial profiles are detailed.
Reasons to Buy - The report assists in finding the right investment opportunity through a deep understanding of specific segments, and geographies
- Gain reliable current market information and long term market outlooks
- Data accessible in excel formats to support your organization with strategic analysis and economic modeling
- Improve your planning and forecasting by understanding potential opportunities, market trends, and restraints
- Stay ahead of the curve with market intelligence on 15 countries and five companies worldwide
Key questions answered - What are the possible scenarios of Fortified Wine market growth outlook in the post-pandemic period?
- Who are the major end-user industries of Fortified Wine?
- The impact of buyer and supplier bargaining power, the threat of new players and substitutes, and competitive rivalry?
- Which countries will gain market size in the medium to long term future?
- What are the promising trends and drivers of Fortified Wine markets?
- Who are the leading players and how is the competition?
Our reports have been used by over 10K customers, including:
134 pages •
By Asia Market Information & Development Company
• Oct 2021
This study focuses on China’s Imported Wine market trends. In the two past decades, the market has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s major producers...
The Wine market report analyses companies, market size outlook across types, applications, countries along with competitive strategies, trends, drivers, opportunities and market developments. The base year for the study is 2020 and the forecast period is from 2021 to 2028. The global Wine market is poised to register optimistic growth...
The Global Cooking Wine Market size is expected to reach $405.1 Million by 2027, rising at a market growth of 6% CAGR during the forecast period. Cooking wines are manufactured with the aging of grapes, sherry, Marsala, rice, and among others. This wine is beneficial in the preparation of soups, ketchup, sausages, chicken, splits, and numerous...
Opportunities in the Global Wine Sector to 2025 Summary The global wine sector was valued at US$313.5 billion in 2020 and is forecast to record a CAGR of 6.75% during 2020-2025 to reach US$434.5 billion by 2025. Western Europe represented the largest region for the global wine sector, with a value...
This report is 90% complete and will include the latest impact analysis of Covid-19 along with updated quarterly market data for the year 2021 (estimated). This report will be delivered within three working days post order confirmation. Global Fortified Wine Market, By Type (Port, Sherry, Marsala, Madeira, Commandaria,...
The Global Instant Dry Yeast Market size is expected to reach $1.1 billion by 2027, rising at a market growth of 7% CAGR during the forecast period. Yeasts are single-celled fungi that grow in a moist environment. Saccharomyces Cerevisiae (Baker’s yeast) is one of the most popular yeasts that are commonly used in the food industry due to its...
Opportunities in the Eastern European Wine Sector to 2025 Summary The global wine sector was valued at US$313,500.2 million in 2020. During the forecast period of 2020-2025, it is set to grow at a CAGR of 6.75% to reach US$434,500.8 million by 2025. Eastern Europe ranked second lowest in the global...
Opportunities in the Western European Wine Sector to 2025 Summary Western Europe was the largest market in the global wine sector with value sales of US$130,192.4 million, accounting for a share of 41.5% in 2020. In 2020, the top five companies in the Western European wine sector accounted for a...
The Cooking Wine market report analyses companies, market size outlook across types, applications, countries along with competitive strategies, trends, drivers, opportunities and market developments. The base year for the study is 2020 and the forecast period is from 2021 to 2028. The global Cooking Wine market is poised to register...
The Organic Wine market report analyses companies, market size outlook across types, applications, countries along with competitive strategies, trends, drivers, opportunities and market developments. The base year for the study is 2020 and the forecast period is from 2021 to 2028. The global Organic Wine market is poised to register...
Real Gross Domestic Product
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.