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PUBLISHER: KBV Research | PRODUCT CODE: 1093351

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PUBLISHER: KBV Research | PRODUCT CODE: 1093351

Asia Pacific Fortified Wine Market Size, Share & Industry Trends Analysis Report By Distribution Channel (Liquor Stores, Internet Retailing, Supermarkets, Pub, Bars & Restaurants), By Product, By Country and Growth Forecast, 2022 - 2028

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The Asia Pacific Fortified Wine Market would witness market growth of 12.2% CAGR during the forecast period (2022-2028).

The influence of the 'convenience' factor can also be seen in fortified wine distribution trends. Growing popularity of modern trade channels, as well as the rise of discounters, are defining growth strategies, while manufacturers are progressively shifting product sales to e-commerce, which is quickly becoming the market's key driving force. The easy availability of a varied range of items and door-to-door delivery services are attracting a bigger number of consumers with strong purchasing power, resulting in higher profit margins for producers.

The bulk of fortified wines are stylistically comparable to the wine classes used in the blend. Although some people confuse fortified wines with liquor, they are not distilled. This is especially true of vermouth, which is most likely due to its use in martinis. The strengthening liquor is frequently referred to as "neutral grape spirit." This is essentially a brandy or eau de vie. Whether a wine is sweet or dry depends on how long it ferments before being fortified.

Women, particularly middle-class and young women, have been driving the rise of India's wine culture. Increased tourism from other countries has also helped people of India fall in love with wine. Another element is the doctors' claims about health advantages. For the same reason, red wine accounts for 55-60% of total wine consumption, while white wine accounts for 45 percent; the balance is made up of rose and sparkling wine, which is becoming more popular. Thus, the growing acceptance of wine in the regional culture is positive news for the fortified wine market in the region.

Indian wines are gradually becoming more popular, but only some of them are exported. Higher-priced and higher-quality wines are being introduced to the portfolio as a result of ongoing premiumization, with the top end of the range selling for up to Rs. 4500 ($65) per bottle. Wines, on the other hand, are warmly received by expats who visit and taste the wines for their flavor characteristics.

The China market dominated the Asia Pacific Fortified Wine Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,623.9 million by 2028. The Japan market is poised to grow at a CAGR of 11.5% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 12.8% during (2022 - 2028).

Based on Distribution Channel, the market is segmented into Liquor Stores, Internet Retailing, Supermarkets, Pub, Bars & Restaurants, and Others. Based on Product, the market is segmented into Vermouth, Sherry, Port Wine, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Bacardi Limited, Campari Group, The Wine Group, E. & J. Gallo Winery, Anchor Brewing Company, Rhys & Rylee LLC (Atsby Vermouth), Symington Family Estates , Sogrape Vinhos, S.A., McWilliam's Wines Group Ltd.

Scope of the Study

Market Segments covered in the Report:

By Distribution Channel

  • Liquor Stores
  • Internet Retailing
  • Supermarkets
  • Pub, Bars & Restaurants
  • Others

By Product

  • Vermouth
  • Sherry
  • Port Wine
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Companies Profiled

  • Bacardi Limited
  • Campari Group
  • The Wine Group
  • E. & J. Gallo Winery
  • Anchor Brewing Company
  • Rhys & Rylee LLC (Atsby Vermouth)
  • Symington Family Estates
  • Sogrape Vinhos, S.A.
  • McWilliam's Wines Group Ltd.

Unique Offerings from KBV Research

  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology

  • 1.1 Market Definition
  • 1.2 Objectives
  • 1.3 Market Scope
  • 1.4 Segmentation
    • 1.4.1 Asia Pacific Fortified Wine Market, by Distribution Channel
    • 1.4.2 Asia Pacific Fortified Wine Market, by Product
    • 1.4.3 Asia Pacific Fortified Wine Market, by Country
  • 1.5 Methodology for the research

Chapter 2. Market Overview

  • 2.1 Introduction
    • 2.1.1 Overview
      • 2.1.1.1 Market Composition and Scenario
  • 2.2 Key Factors Impacting the Market
    • 2.2.1 Market Drivers
    • 2.2.2 Market Restraints

Chapter 3. Asia Pacific Fortified Wine Market by Distribution Channel

  • 3.1 Asia Pacific Liquor Stores Market by Country
  • 3.2 Asia Pacific Internet Retailing Market by Country
  • 3.3 Asia Pacific Supermarkets Market by Country
  • 3.4 Asia Pacific Pub, Bars & Restaurants Market by Country
  • 3.5 Asia Pacific Others Market by Country

Chapter 4. Asia Pacific Fortified Wine Market by Product

  • 4.1 Asia Pacific Vermouth Market by Country
  • 4.2 Asia Pacific Sherry Market by Country
  • 4.3 Asia Pacific Port Wine Market by Country
  • 4.4 Asia Pacific Others Market by Country

Chapter 5. Asia Pacific Fortified Wine Market by Country

  • 5.1 China Fortified Wine Market
    • 5.1.1 China Fortified Wine Market by Distribution Channel
    • 5.1.2 China Fortified Wine Market by Product
  • 5.2 Japan Fortified Wine Market
    • 5.2.1 Japan Fortified Wine Market by Distribution Channel
    • 5.2.2 Japan Fortified Wine Market by Product
  • 5.3 India Fortified Wine Market
    • 5.3.1 India Fortified Wine Market by Distribution Channel
    • 5.3.2 India Fortified Wine Market by Product
  • 5.4 South Korea Fortified Wine Market
    • 5.4.1 South Korea Fortified Wine Market by Distribution Channel
    • 5.4.2 South Korea Fortified Wine Market by Product
  • 5.5 Singapore Fortified Wine Market
    • 5.5.1 Singapore Fortified Wine Market by Distribution Channel
    • 5.5.2 Singapore Fortified Wine Market by Product
  • 5.6 Malaysia Fortified Wine Market
    • 5.6.1 Malaysia Fortified Wine Market by Distribution Channel
    • 5.6.2 Malaysia Fortified Wine Market by Product
  • 5.7 Rest of Asia Pacific Fortified Wine Market
    • 5.7.1 Rest of Asia Pacific Fortified Wine Market by Distribution Channel
    • 5.7.2 Rest of Asia Pacific Fortified Wine Market by Product

Chapter 6. Company Profiles

  • 6.1 Bacardi Limited
    • 6.1.1 Company Overview
    • 6.1.2 Recent strategies and developments:
      • 6.1.2.1 Partnerships, Collaborations, and Agreements:
      • 6.1.2.2 Acquisition and Mergers:
  • 6.2 Campari Group
    • 6.2.1 Company Overview
    • 6.2.2 Financial Analysis
    • 6.2.3 Regional Analysis
    • 6.2.4 Research & Innovation Expenses
  • 6.3 The Wine Group
    • 6.3.1 Company Overview
  • 6.4 E. & J. Gallo Winery
    • 6.4.1 Company Overview
    • 6.4.2 Recent strategies and developments:
      • 6.4.2.1 Acquisition and Mergers:
  • 6.5 Anchor Brewing Company (Sapporo Holdings Limited)
    • 6.5.1 Company Overview
    • 6.5.2 Financial Analysis
    • 6.5.3 Segmental Analysis
  • 6.6 Rhys & Rylee LLC (Atsby Vermouth)
    • 6.6.1 Company Overview
  • 6.7 Symington Family Estates
    • 6.7.1 Company Overview
  • 6.8 Sogrape Vinhos, S.A.
    • 6.8.1 Company Overview
    • 6.8.2 Recent strategies and developments:
      • 6.8.2.1 Product Launches and Product Expansions:
  • 6.9 McWilliam's Wines Group Ltd
    • 6.9.1 Company Overview
  • 6.10. Emilio Lustau S.A.
    • 6.10.1 Company Overview
    • 6.10.2 Recent strategies and developments:
      • 6.10.2.1 Product Launches and Product Expansions:

LIST OF TABLES

  • TABLE 1 Asia Pacific Fortified Wine Market, 2018 - 2021, USD Million
  • TABLE 2 Asia Pacific Fortified Wine Market, 2022 - 2028, USD Million
  • TABLE 3 Asia Pacific Fortified Wine Market by Distribution Channel, 2018 - 2021, USD Million
  • TABLE 4 Asia Pacific Fortified Wine Market by Distribution Channel, 2022 - 2028, USD Million
  • TABLE 5 Asia Pacific Liquor Stores Market by Country, 2018 - 2021, USD Million
  • TABLE 6 Asia Pacific Liquor Stores Market by Country, 2022 - 2028, USD Million
  • TABLE 7 Asia Pacific Internet Retailing Market by Country, 2018 - 2021, USD Million
  • TABLE 8 Asia Pacific Internet Retailing Market by Country, 2022 - 2028, USD Million
  • TABLE 9 Asia Pacific Supermarkets Market by Country, 2018 - 2021, USD Million
  • TABLE 10 Asia Pacific Supermarkets Market by Country, 2022 - 2028, USD Million
  • TABLE 11 Asia Pacific Pub, Bars & Restaurants Market by Country, 2018 - 2021, USD Million
  • TABLE 12 Asia Pacific Pub, Bars & Restaurants Market by Country, 2022 - 2028, USD Million
  • TABLE 13 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
  • TABLE 14 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
  • TABLE 15 Asia Pacific Fortified Wine Market by Product, 2018 - 2021, USD Million
  • TABLE 16 Asia Pacific Fortified Wine Market by Product, 2022 - 2028, USD Million
  • TABLE 17 Asia Pacific Vermouth Market by Country, 2018 - 2021, USD Million
  • TABLE 18 Asia Pacific Vermouth Market by Country, 2022 - 2028, USD Million
  • TABLE 19 Asia Pacific Sherry Market by Country, 2018 - 2021, USD Million
  • TABLE 20 Asia Pacific Sherry Market by Country, 2022 - 2028, USD Million
  • TABLE 21 Asia Pacific Port Wine Market by Country, 2018 - 2021, USD Million
  • TABLE 22 Asia Pacific Port Wine Market by Country, 2022 - 2028, USD Million
  • TABLE 23 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
  • TABLE 24 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
  • TABLE 25 Asia Pacific Fortified Wine Market by Country, 2018 - 2021, USD Million
  • TABLE 26 Asia Pacific Fortified Wine Market by Country, 2022 - 2028, USD Million
  • TABLE 27 China Fortified Wine Market, 2018 - 2021, USD Million
  • TABLE 28 China Fortified Wine Market, 2022 - 2028, USD Million
  • TABLE 29 China Fortified Wine Market by Distribution Channel, 2018 - 2021, USD Million
  • TABLE 30 China Fortified Wine Market by Distribution Channel, 2022 - 2028, USD Million
  • TABLE 31 China Fortified Wine Market by Product, 2018 - 2021, USD Million
  • TABLE 32 China Fortified Wine Market by Product, 2022 - 2028, USD Million
  • TABLE 33 Japan Fortified Wine Market, 2018 - 2021, USD Million
  • TABLE 34 Japan Fortified Wine Market, 2022 - 2028, USD Million
  • TABLE 35 Japan Fortified Wine Market by Distribution Channel, 2018 - 2021, USD Million
  • TABLE 36 Japan Fortified Wine Market by Distribution Channel, 2022 - 2028, USD Million
  • TABLE 37 Japan Fortified Wine Market by Product, 2018 - 2021, USD Million
  • TABLE 38 Japan Fortified Wine Market by Product, 2022 - 2028, USD Million
  • TABLE 39 India Fortified Wine Market, 2018 - 2021, USD Million
  • TABLE 40 India Fortified Wine Market, 2022 - 2028, USD Million
  • TABLE 41 India Fortified Wine Market by Distribution Channel, 2018 - 2021, USD Million
  • TABLE 42 India Fortified Wine Market by Distribution Channel, 2022 - 2028, USD Million
  • TABLE 43 India Fortified Wine Market by Product, 2018 - 2021, USD Million
  • TABLE 44 India Fortified Wine Market by Product, 2022 - 2028, USD Million
  • TABLE 45 South Korea Fortified Wine Market, 2018 - 2021, USD Million
  • TABLE 46 South Korea Fortified Wine Market, 2022 - 2028, USD Million
  • TABLE 47 South Korea Fortified Wine Market by Distribution Channel, 2018 - 2021, USD Million
  • TABLE 48 South Korea Fortified Wine Market by Distribution Channel, 2022 - 2028, USD Million
  • TABLE 49 South Korea Fortified Wine Market by Product, 2018 - 2021, USD Million
  • TABLE 50 South Korea Fortified Wine Market by Product, 2022 - 2028, USD Million
  • TABLE 51 Singapore Fortified Wine Market, 2018 - 2021, USD Million
  • TABLE 52 Singapore Fortified Wine Market, 2022 - 2028, USD Million
  • TABLE 53 Singapore Fortified Wine Market by Distribution Channel, 2018 - 2021, USD Million
  • TABLE 54 Singapore Fortified Wine Market by Distribution Channel, 2022 - 2028, USD Million
  • TABLE 55 Singapore Fortified Wine Market by Product, 2018 - 2021, USD Million
  • TABLE 56 Singapore Fortified Wine Market by Product, 2022 - 2028, USD Million
  • TABLE 57 Malaysia Fortified Wine Market, 2018 - 2021, USD Million
  • TABLE 58 Malaysia Fortified Wine Market, 2022 - 2028, USD Million
  • TABLE 59 Malaysia Fortified Wine Market by Distribution Channel, 2018 - 2021, USD Million
  • TABLE 60 Malaysia Fortified Wine Market by Distribution Channel, 2022 - 2028, USD Million
  • TABLE 61 Malaysia Fortified Wine Market by Product, 2018 - 2021, USD Million
  • TABLE 62 Malaysia Fortified Wine Market by Product, 2022 - 2028, USD Million
  • TABLE 63 Rest of Asia Pacific Fortified Wine Market, 2018 - 2021, USD Million
  • TABLE 64 Rest of Asia Pacific Fortified Wine Market, 2022 - 2028, USD Million
  • TABLE 65 Rest of Asia Pacific Fortified Wine Market by Distribution Channel, 2018 - 2021, USD Million
  • TABLE 66 Rest of Asia Pacific Fortified Wine Market by Distribution Channel, 2022 - 2028, USD Million
  • TABLE 67 Rest of Asia Pacific Fortified Wine Market by Product, 2018 - 2021, USD Million
  • TABLE 68 Rest of Asia Pacific Fortified Wine Market by Product, 2022 - 2028, USD Million
  • TABLE 69 Key Information - Bacardi Limited
  • TABLE 70 Key Information - Campari Group
  • TABLE 71 Key Information - The Wine Group
  • TABLE 72 Key Information - E. & J. Gallo Winery
  • TABLE 73 Key Information - Anchor Brewing Company
  • TABLE 74 Key Information - Rhys & Rylee LLC
  • TABLE 75 Key Information - Symington Family Estates
  • TABLE 76 Key Information - Sogrape Vinhos, S.A.
  • TABLE 77 Key Information - McWilliam's Wines Group Ltd
  • TABLE 78 Key Information - Emilio Lustau S.A.

List of Figures

  • FIG 1 Methodology for the research
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