Market Overview:
The global Wine Market is projected to reach a value of US$ Mn by 2022, growing at a compounded annual growth rate (CAGR) of 3.23% during the forecast period 2017-2025. Wine has gained significant popularity worldwide due to its tasteful and aromatic qualities. It is used as a social beverage and also has health benefits when consumed in moderation, such as reducing the risk of heart diseases. The increasing number of wine enthusiasts and growing ... Read more

Wine has gained significant popularity among consumers as it is seen as a beverage of relaxation and social bonding. It is perceived to be a drink of finer tastes and serves as a refreshing alternative to beer and spirits at social gatherings. The consumption of wine has been increasing across regions owing to rising disposable incomes, westernization and changing lifestyles. The global market is driven by the preferences of millennials and Generation Z consumers who enjoy wine as a beverage ... Read more