The global recession had dampened the market for expensive yet desirable beverages such as rosé wine, but the recent few years have brought about a slow if steady recovery. A rising disposable income in emerging markets such as China and India is making these nations far more receptive to products such as rosé wine as they have begun to show a preference for premium brands. Social media and influential celebrities have also played a major role as trendsetting icons and ... Read more
A rising disposable income in emerging economies is anticipated to spur the demand for fine wines, particularly rose wine. Alcohol consumption has grown by leaps and bounds in China and India and both countries have begun to show a marked preference for branded wines. They are even ready to pay considerable premiums for quality rose wines and this is boosted by high-profile celebrity endorsements who function as ‘trendsetters’ or brand builders. Once largely thought of as ... Read more
A rising disposable income in emerging economies is anticipated to spur the demand for fine wines, particularly rose wine. Alcohol consumption has grown by leaps and bounds in China and India and both countries have begun to show a marked preference for branded wines. They are even ready to pay considerable premiums for quality rose wines and this is boosted by high-profile celebrity endorsements who function as ‘trendsetters’ or brand builders. Once largely thought of as ... Read more
A rising disposable income in emerging economies is anticipated to spur the demand for fine wines, particularly rose wine. Alcohol consumption has grown by leaps and bounds in China and India and both countries have begun to show a marked preference for branded wines. They are even ready to pay considerable premiums for quality rose wines and this is boosted by high-profile celebrity endorsements who function as ‘trendsetters’ or brand builders. Once largely thought of as ... Read more
A rising disposable income in emerging economies is anticipated to spur the demand for fine wines, particularly rose wine. Alcohol consumption has grown by leaps and bounds in China and India and both countries have begun to show a marked preference for branded wines. They are even ready to pay considerable premiums for quality rose wines and this is boosted by high-profile celebrity endorsements who function as ‘trendsetters’ or brand builders. Once largely thought of as ... Read more
The rose wine market is on track to grow to more than US$ 3.2 billion by the end of the forecast period and witness a modest CAGR of 2.6% from 2017 to 2022. A rising disposable income in emerging economies is anticipated to spur the demand for fine wines, particularly rose wine. Alcohol consumption has grown by leaps and bounds in China and India and both countries have begun to show a marked preference for branded wines. ... Read more