What is Wine and Brandy Market?
Brandy is a distilled wine. Wine usually consists of 10 to 18% range of alcohol. Whereas distilling it will concentrate the alcohol to the 40 to 50% range. brandy came from the Dutch “brand wijn” which means “heated wine”. Moreover, Wine is produced from grapes, and then distilled further to produce a more highly concentrated beverage. It has various heath benefits when consumed in a less quantity.
The market study is being classified by Type (Wine and Brandy), by Application (Household and Comercial Use) and major geographies with country level break-up.
Constellation Brands (United States), E&J Gallo Winery (United States), Torres Wines (Spain), Treasury Wine Estates (Australia), Vina Concha Y Toro (Chile), Pernod Ricard (France), LVMH (France), Cantine Riunite & CIV (Italy), Italiano Vini (Italy) and Codorníu (Spain) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Emperador (Philippines), McDowell's No.1 (India), Hennessy (France) and The Wine Group (United States).
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 United States Vendors will contribute to the maximum growth of Global Wine and Brandy market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Wine and Brandy market by Type, Application and Region.
On the basis of geography, the market of Wine and Brandy 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
- Increased Demand of Alcoholic Drinks
- Gaining Popularity Among the Younger Population
- Growing Awareness About the Healthy Attributes of wine
Market Trend
- Changing Lifestyle of Individuals
Restraints
- Fluctuating Prices of Raw Materials
Opportunities
- Increased Disposable Income
- Rapid Urbanisation is Boosting the Market
Challenges
- Lack of Manpower Required for the Production
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organisations and Others