What is Red Wine Extract Market?
Red wine is the alcoholic beverage which is produced by crushing various types of black grapes using the fermentation process. Red wine extract is the solid part of wine which is the powdery stuff that would be left if all the water and alcohol from a wine is removed. Resveratrol which is found in the red wine extract which is found in various variety of plants It provides the heart-health benefits of red wine without the downsides of alcohol, and acts as a defensive system for the body. The organizations are investing heavily on the research and development due to the discovery of health benefits associated with the red wine extract.
The market study is being classified, by Application (Food & Beverages, Pharmaceuticals and Cosmetic & personal care products) and major geographies with country level break-up.
Seppic Inc. (France), Hangzhou Greensky Biological Tech. Co., Ltd. (China), Diana Naturals Inc. (France), Xi’an Chinwon Biotech Inc. (China), GRAP'SUD (France), Ethical Naturals, Inc. (United States), FutureCeuticals, Inc. (United States) and Xi'An Chinwon Biotech (China) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that France Vendors will contribute to the maximum growth of Global Red Wine Extract market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Red Wine Extract market by Type, Application and Region.
On the basis of geography, the market of Red Wine Extract has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Popularity of Red Wine Extract Coupled with Rising Alcohol Consumption
- Increasing Demand of Red Wine Extract from Pharmaceutical Industry
Market Trend
- Increasing Health Consciousness among the Consumers is Leading to Demand of Red Wine Extract as it Offers Health Benefits
Restraints
- Side Effects Associated with Ref Wine Extract Such as Promoting Breast Cancer
Opportunities
- Increasing Disposable Income in Developing Economies
- Usage of Red Wine Extract in Cosmetics Such as Anti-Aging Cream
Challenges
- Lack of Awareness Among the Consumers
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organizations and Others
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