The Fortified Wine Global Market Report 2023, provides comprehensive information on the fortified wine market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/fortified-wine-global-market-report
As per The Business Research Company’s Fortified Wine Global Market Report 2023, the global fortified wine market size grew from $18.81 billion in 2022 to $20.67 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size fortified wine market is expected to grow to $30.07 billion in 2027 at a CAGR of 9.8%.
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The fortified wine market is segmented:
1) By Product: Port Wine, Vermouth, Sherry, Other Products
2) By Distribution Channel: Online, Offline
3) By End Users/Applications: Supermarkets and Hypermarkets, On Trade, Specialist Retailers, Retail Stores
North America was the largest region in the fortified wine market in 2022.
The table of contents in TBRC’s fortified wine market report includes:
1. Executive Summary
2. Fortified Wine Market Characteristics
3. Fortified Wine Market Trends And Strategies
4. Fortified Wine – Macro Economic Scenario
5. Fortified Wine Market Size And Growth
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26. Strategy
27. Financial Performance
28. Key Mergers And Acquisitions In The Fortified Wine Market
29. Fortified Wine Market Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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