Wine Market: Notable Developments & Geographical Outlook

 Between 2022 and 2032, the wine market is anticipated to grow at a CAGR of more than 5.1 percent, surpassing US$ 846.3 Bn. Due to the numerous health advantages of red wine, consumption has increased, which has contributed to market growth.

  • The U.S. held more than 67.6% of market share in North America in 2021 owing to the upsurge in the number of bars and restaurants in recent years.
  • Italy wine market is expected to exhibit growth at a CAGR of 4.3% for due to the easy availability of grapes for wine production.
  • In terms of type, the sparkling wine segment will dominate the market, registering growth at 8.5% CAGR between 2022 and 2032.
  • In terms of price range, US$ 10- US$ 15 held over 39.1% of market share in the global wine market
  • Sparkling Wine
  • Dessert Wine
  • Red Wine
  • White Wine
  • Below US$ 5
  • US$ 5–10
  • US$ 10–15
  • Above US$ 15
  • Organic Wine
  • Conventional Wine
  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Ocea
  • MEA

Comments

Post a Comment

Popular posts from this blog

Healthy Fat-Free Snacks Market 2022 Outlook, Current and Future Industry Landscape Analysis 2031

Image
  Healthy Fat-Free Snacks Market Overview According to the latest research by Future Market Insights, during the years 2021-2031, the demand for healthy fat-free snacks is expected to expand steadily. Demand for healthy fat-free snacks will slowly rebound in the short-term period, with a promising long-term growth outlook. Health-conscious customers are driving demand for fat-free snacks. What is Driving Demand for Healthy Fat-free Snacks? Changing consumer demographics have enhanced the demand for a healthy fat-free snacks market as people nowadays want such snacking options that not only satisfy hunger but also provide health benefits such as a healthy heart, good cholesterol weight management and sugar control. Thus these crucial health benefits are projected to increase the healthy fat-free snacks market during the forecast period. Increasing lifestyle diseases is among the major reason driving demand for healthy fat-free snacks. Consumers have become conscious about their eati...
Read more

Neurointerventional Devices Market Witness a Spike in Growth Pace Recent Improvements in Pricing Models: FMI

  A new report by Future Market Insights (FMI) expects global   neurointerventional devices market   is expected to project a significant growth CAGR value of about 4.7% from 2022 to 2030. Since the past several years, the burden of neurological disorders has increased multifold. According to the National Center for Biotechnology Information (NCBI), the frequency of cerebral aneurysm is nearly 3.2%, with the prevalence being higher amongst women than men above 50 years of age. It is estimated that around 6.5 million people in the United States possess an unruptured brain aneurysm, while 30,000 suffer a brain aneurysm rupture every year. Based on these trends, it is unsurprising to observe the market being interspersed with the presence of several reputed manufacturers who constantly launch new products. In addition, rising prevalence of ischemic stroke is also boosting the neurointerventional devices market. Being non-invasive in nature, these devices increase chances of ...
Read more

Hyperbaric Oxygen Therapy Devices Market Witness a Spike in Growth Pace Recent Improvements in Pricing Models: FMI

  In 2022, it is anticipated that the market for devices used in hyperbaric oxygen therapy will be worth US$3.21 billion. The overall demand for   hyperbaric oxygen therapy devices   is anticipated to increase at a CAGR of 7.1% between 2022 and 2032, reaching approximately US$ 6.37 billion by 2032 due to the growing use of hyperbaric oxygen therapy in wound healing and the increasing number of athletes driving up demand for HBOT. The use of the hyperbaric oxygen therapy (HBOT) technique improves leukocyte performance, particularly at the site of a wound, and reduces the toxicity of cyanide and carbon monoxide (CO). One of the major factors anticipated to propel the market during the forecast period is the technology’s increasing acceptance on a global scale. The primary reason for the rise in demand for devices for hyperbaric oxygen therapy is the rising number of diabetic patients worldwide. As a result, the market will experience an upward trend over time. Additionally,...
Read more