Need help finding what you are looking for?
Contact Us
PUBLISHER: Grand View Research | PRODUCT CODE: 1092424
PUBLISHER: Grand View Research | PRODUCT CODE: 1092424
Fortified Wine Market Size, Share & Trends Analysis Report By Product (Port Wine, Vermouth, Sherry), By Distribution Channel (Pub, Bars & Restaurants, Internet Retailing, Liquor Stores, Supermarkets), By Region, And Segment Forecasts, 2022 - 2028
PUBLISHED:
PAGES: 80 Pages
DELIVERY TIME: 2-10 business days
SELECT AN OPTION
Fortified Wine Market Growth & Trends:
The global fortified wine market size is expected to reach USD 31.5 Billion by 2028, registering a CAGR of 12.5% from 2022 to 2028, according to a new report by Grand View Research, Inc. Various health benefits and premiumization of wine products are the major driving factors of the market. Increasing demand for flavored wine products and various health benefits associated with the consumption of fortified wine will drive the industry's demand during the forecast period.
Furthermore, the pandemic of COVID-19 negatively affected the fortified wine market, owing to government-imposed lockdowns during the pandemic period. Moreover, the suspension or delay in raw material supply has significant ramifications for the global demand and supply chain for fortified wine.
The sherry segment is expected to expand with the fastest CAGR of 13.4% from 2022 to 2028. The increasing popularity of sherry wine among western consumers for a drink during dinner to keep the body warm has led to the upsurge of this segment. Various health benefits of sherry wine, such as maintaining cholesterol, and antioxidants, avoiding hypothermia, and many others, have projected the growth of this segment during the forecast period.
The internet retailing segment is expected to expand with a CAGR of more than 13.1% from 2022 to 2028 in the global market. The growth of internet retailing distribution channels is attributed to the availability of online platforms via shopping portals and mobile apps. It is also observed companies, distributors, and retailers are adopting the online platform to sell alcoholic products.
Europe dominated the market with a revenue share of more than 45% in 2021. The growing consumption of wine in countries like Germany, France, Italy, Spain, and Portugal is expected to drive the market in this region. In addition to this, the growing demand for flavored wine has projected market growth during the forecast period.
Fortified Wine Market Report Highlights:
- Europe is expected to register the largest market share of more than 45% in 2021, owing to the increasing disposable income of the people
- Sherry segment is expected to witness the fastest expansion, with a CAGR of 13.4% from 2022 to 2028, owing to various health benefits offered by the product
- Liquor stores channel held the largest market share in 2021 and contributed more than 35% of the total revenue, as consumers prefer retail stores for purchasing wine products
- Asia Pacific is the fastest-growing fortified wine market and is expected to witness a CAGR of 13.1% from 2022 to 2028, owing to the rising awareness about the health benefits of consumption of fortified wine
Product Code: GVR-4-68039-929-2
Table of Contents
Chapter 1 Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 GVR's Internal Database
- 1.3.3 Secondary Sources & Third-Party Perspectives
- 1.3.4 Primary Research
- 1.4. Information Analysis
- 1.4.1 Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2 Executive Summary
- 2.1. Market Outlook
- 2.2. Product Outlook
- 2.3. Distribution Channel Outlook
- 2.4. Regional Outlook
Chapter 3 Fortified Wine Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Value Chain Analysis
- 3.4. Technology Overview
- 3.5. Regulatory Framework
- 3.6. Market Dynamics
- 3.6.1 Market Driver Analysis
- 3.6.2 Market Restraint Analysis
- 3.6.3 Industry Challenges
- 3.7. Business Environment Analysis
- 3.7.1 Porter's Five Forces Analysis
- 3.7.1.1. Threat of new entrants
- 3.7.1.2. Bargaining power of suppliers
- 3.7.1.3. Bargaining power of buyers
- 3.7.1.4. Threat of Substitute
- 3.7.1.5. Competitive Rivalry
- 3.7.2 PESTLE Analysis
- 3.7.2.1. Political Landscape
- 3.7.2.2. Environmental Landscape
- 3.7.2.3. Social Landscape
- 3.7.2.4. Technology Landscape
- 3.7.2.5. Economic Landscape
- 3.7.2.6. Legal Landscape
- 3.7.3 Major Deals & Strategic Alliances Analysis
- 3.7.1 Porter's Five Forces Analysis
- 3.8. Market Entry Strategy
- 3.9. COVID-19 Impact Analysis
Chapter 4 Consumer Behavior Analysis
- 4.1. Consumer Trends and Preferences
- 4.2. Factors Affecting Buying Decision
- 4.3. Consumer Product Adoption
- 4.4. Observations & Recommendations
Chapter 5 Fortified Wine Market: Product Estimates & Trend Analysis
- 5.1. Product Movement Analysis & Market Share, 2021 - 2028
- 5.2. Port wine
- 5.2.1 Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 5.3. Vermouth
- 5.3.1 Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 5.4. Sherry
- 5.4.1 Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 5.5. Others
- 5.5.1 Market Estimates and Forecast, 2017 - 2028 (USD Million)
Chapter 6 Fortified Wine Market: Distribution Channel Estimates & Trend Analysis
- 6.1. Distribution Channel Movement Analysis & Market Share, 2021 - 2028
- 6.2. Pub, Bars & Restaurants
- 6.2.1 Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 6.3. Internet Retailing
- 6.3.1 Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 6.4. Liquor Stores
- 6.4.1 Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 6.5. Supermarkets
- 6.5.1 Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 6.6. Others
- 6.6.1 Market Estimates and Forecast, 2017 - 2028 (USD Million)
Chapter 7 Fortified Wine Market: Regional Estimates & Trend Analysis
- 7.1. Regional Movement Analysis & Market Share, 2021 - 2028
- 7.2. North America
- 7.2.1 Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 7.2.2 Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 7.2.3 Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.2.4 U.S.
- 7.2.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 7.2.4.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 7.2.4.3. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.3. Europe
- 7.3.1 Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 7.3.2 Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 7.3.3 Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.3.4 Germany
- 7.3.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 7.3.4.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 7.3.4.3. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.3.5 U.K.
- 7.3.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 7.3.5.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 7.3.5.3. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.3.6 France
- 7.3.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 7.3.6.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 7.3.6.3. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.4. Asia Pacific
- 7.4.1 Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 7.4.2 Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 7.4.3 Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.4.4 China
- 7.4.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 7.4.4.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 7.4.4.3. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.4.5 Japan
- 7.4.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 7.4.5.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 7.4.5.3. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.4.6 India
- 7.4.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 7.4.6.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 7.4.6.3. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.5. Central & South America
- 7.5.1 Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 7.5.2 Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 7.5.3 Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.5.4 Brazil
- 7.5.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 7.5.4.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 7.5.4.3. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.6. Middle East & Africa
- 7.6.1 Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 7.6.2 Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 7.6.3 Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.6.4 South Africa
- 7.6.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 7.6.4.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 7.6.4.3. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
Chapter 8 Competitive Analysis
- 8.1. Key Global Players, Recent Developments & their impact on the industry
- 8.2. Strategies Adopted By Major Players during the COVID-19 pandemic
- 8.3. Vendor Landscape
- 8.4. Public Companies
- 8.4.1 Company market position analysis
- 8.5. Private Companies
- 8.5.1 List of key emerging companies/technology disruptors/innovators
Chapter 9 Company Profiles
- 9.1. E. & J. Gallo Winery
- 9.1.1 Company Overview
- 9.1.2 Financial Performance
- 9.1.3 Product Benchmarking
- 9.1.4 Strategic Initiatives
- 9.2. Constellation Brands, Inc.
- 9.2.1 Company Overview
- 9.2.2 Financial Performance
- 9.2.3 Product Benchmarking
- 9.2.4 Strategic Initiatives
- 9.3. Treasury Wine Estates
- 9.3.1 Company Overview
- 9.3.2 Financial Performance
- 9.3.3 Product Benchmarking
- 9.3.4 Strategic Initiatives
- 9.4. Trinchero Family Estates
- 9.4.1 Company Overview
- 9.4.2 Financial Performance
- 9.4.3 Product Benchmarking
- 9.4.4 Strategic Initiatives
- 9.5. Deutsch Family Wine & Spirits
- 9.5.1 Company Overview
- 9.5.2 Financial Performance
- 9.5.3 Product Benchmarking
- 9.5.4 Strategic Initiatives
- 9.6. The Wine Group
- 9.6.1 Company Overview
- 9.6.2 Financial Performance
- 9.6.3 Product Benchmarking
- 9.6.4 Strategic Initiatives
- 9.7. Liberty Wines Limited
- 9.7.1 Company Overview
- 9.7.2 Financial Performance
- 9.7.3 Product Benchmarking
- 9.7.4 Strategic Initiatives
- 9.8. Precept Wine, LLC
- 9.8.1 Company Overview
- 9.8.2 Financial Performance
- 9.8.3 Product Benchmarking
- 9.8.4 Strategic Initiatives
- 9.9. Michelle Wine Estate
- 9.9.1 Company Overview
- 9.9.2 Financial Performance
- 9.9.3 Product Benchmarking
- 9.9.4 Strategic Initiatives
- 9.10. Backsberg
- 9.10.1 Company Overview
- 9.10.2 Financial Performance
- 9.10.3 Product Benchmarking
- 9.10.4 Strategic Initiatives
- 9.11. Sogevinus Fine Wines SL (Kopke)
- 9.11.1 Company Overview
- 9.11.2 Financial Performance
- 9.11.3 Product Benchmarking
- 9.11.4 Strategic Initiatives
- 9.12. Taylor's Port
- 9.12.1 Company Overview
- 9.12.2 Financial Performance
- 9.12.3 Product Benchmarking
- 9.12.4 Strategic Initiatives
- 9.13. Albina & Hanna
- 9.13.1 Company Overview
- 9.13.2 Financial Performance
- 9.13.3 Product Benchmarking
- 9.13.4 Strategic Initiatives
Product Code: GVR-4-68039-929-2
List of Tables
- Table 1 Fortified Wine Market- Key Market Driver Analysis
- Table 2 Fortified Wine Market- Key Market Restraint Analysis
- Table 3 Global Port Wine Market Estimates and Forecast By Product, 2017 - 2028 (USD Million)
- Table 4 Global Vermouth Market Estimates and Forecast By Product, 2017 - 2028 (USD Million)
- Table 5 Global Sherry Market Estimates and Forecast By Product, 2017 - 2028 (USD Million)
- Table 6 Global Others Market Estimates and Forecast By Product, 2017 - 2028 (USD Million)
- Table 7 Global Fortified Wine Market Estimates and Forecast From Pub, Bars & Restaurants Channels, 2017 - 2028 (USD Million)
- Table 8 Global Fortified Wine Market Estimates and Forecast From Internet Retailing Channels, 2017 - 2028 (USD Million)
- Table 9 Global Fortified Wine Market Estimates and Forecast From Liquor Stores Channels, 2017 - 2028 (USD Million)
- Table 10 Global Fortified Wine Market Estimates and Forecast From Supermarkets Channels, 2017 - 2028 (USD Million)
- Table 11 Global Fortified Wine Market Estimates and Forecast From Others Channels, 2017 - 2028 (USD Million)
- Table 12 Global Fortified Wine Market Estimates and Forecast, By Region 2017 - 2028 (USD Million)
- Table 13 Global Fortified Wine Market Estimates and Forecast By Product, 2017 - 2028 (USD Million)
- Table 14 Global Fortified Wine Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- Table 15 North America Fortified Wine Market Estimates and Forecast, 2017 - 2028 (USD Million)
- Table 16 North America Fortified Wine Market Estimates and Forecast By Product, 2017 - 2028 (USD Million)
- Table 17 North America Fortified Wine Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- Table 18 U.S. Fortified Wine Market Estimates and Forecast, 2017 - 2028 (USD Million)
- Table 19 U.S. Fortified Wine Market Estimates and Forecast By Product, 2017 - 2028 (USD Million)
- Table 20 U.S. Fortified Wine Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- Table 21 Europe Fortified Wine Market Estimates and Forecast, 2017 - 2028 (USD Million)
- Table 22 Europe Fortified Wine Market Estimates and Forecast By Product, 2017 - 2028 (USD Million)
- Table 23 Europe Fortified Wine Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- Table 24 Germany Fortified Wine Market Estimates and Forecast, 2017 - 2028 (USD Million)
- Table 25 Germany Fortified Wine Market Estimates and Forecast By Product, 2017 - 2028 (USD Million)
- Table 26 Germany Fortified Wine Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- Table 27 U.K. Fortified Wine Market Estimates and Forecast, 2017 - 2028 (USD Million)
- Table 28 U.K. Fortified Wine Market Estimates and Forecast By Product, 2017 - 2028 (USD Million)
- Table 29 U.K. Fortified Wine Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- Table 30 France Fortified Wine Market Estimates and Forecast, 2017 - 2028 (USD Million)
- Table 31 France Fortified Wine Market Estimates and Forecast By Product, 2017 - 2028 (USD Million)
- Table 32 France Fortified Wine Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- Table 33 Asia Pacific Fortified Wine Market Estimates and Forecast, 2017 - 2028 (USD Million)
- Table 34 Asia Pacific Fortified Wine Market Estimates and Forecast By Product, 2017 - 2028 (USD Million)
- Table 35 Asia Pacific Fortified Wine Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- Table 36 China Fortified Wine Market Estimates and Forecast, 2017 - 2028 (USD Million)
- Table 37 China Fortified Wine Market Estimates and Forecast By Product, 2017 - 2028 (USD Million)
- Table 38 China Fortified Wine Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- Table 39 Japan Fortified Wine Market Estimates and Forecast, 2017 - 2028 (USD Million)
- Table 40 Japan Fortified Wine Market Estimates and Forecast By Product, 2017 - 2028 (USD Million)
- Table 41 Japan Fortified Wine Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- Table 42 India Fortified Wine Market Estimates and Forecast, 2017 - 2028 (USD Million)
- Table 43 India Fortified Wine Market Estimates and Forecast By Product, 2017 - 2028 (USD Million)
- Table 44 India Fortified Wine Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- Table 45 Central & South America Fortified Wine Market Estimates and Forecast, 2017 - 2028 (USD Million)
- Table 46 Central & South America Fortified Wine Market Estimates and Forecast By Product, 2017 - 2028 (USD Million)
- Table 47 Central & South America Fortified Wine Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- Table 48 Brazil Fortified Wine Market Estimates and Forecast, 2017 - 2028 (USD Million)
- Table 49 Brazil Fortified Wine Market Estimates and Forecast By Product, 2017 - 2028 (USD Million)
- Table 50 Brazil Fortified Wine Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- Table 51 Middle East & Africa Fortified Wine Market Estimates and Forecast, 2017 - 2028 (USD Million)
- Table 52 Middle East & Africa Fortified Wine Market Estimates and Forecast By Product, 2017 - 2028 (USD Million)
- Table 53 Middle East & Africa Fortified Wine Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- Table 54 South Africa Fortified Wine Market Estimates and Forecast, 2017 - 2028 (USD Million)
- Table 55 South Africa Fortified Wine Market Estimates and Forecast By Product, 2017 - 2028 (USD Million)
- Table 56 South Africa Fortified Wine Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- Table 57 Vendor Landscape
List of Figures
- Fig. 1 Fortified Wine Market Snapshot
- Fig. 2 Fortified Wine Market Segmentation & Scope
- Fig. 3 Fortified Wine Market Penetration & Growth Prospect Mapping
- Fig. 4 Fortified Wine Market Value Chain Analysis
- Fig. 5 Fortified Wine Market Dynamics
- Fig. 6 Fortified Wine Market Porter's Analysis
- Fig. 7 Fortified Wine Market: Product Movement Analysis
- Fig. 8 Fortified Wine Market: Distribution Channel Movement Analysis
- Fig. 9 Fortified Wine Market: Regional Movement Analysis
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.