Wine is an alcoholic drink typically it is made from fermented grape juice. Yeast consumes the sugar in the grapes and converts it to ethanol, carbon dioxide, and heat. Different varieties of grapes and strains of yeasts produce different styles of wine.
The wines market has witnessed significant growth due to the rise in demand for premium wines and growing westernization. Moreover, rising demand for wine, due to its health benefits and premiumization of wine products, coupled with innovation in flavor and more advanced distribution networks provides a huge market opportunity for the key players operating in the wines market. However, strict government regulations are projected to hamper the overall growth of the wines market in the forecast period.Top Players Analysis
- Constellations Brand
- Accolade Wines
- Amvyx SA
- Bacardi Limited
- Castel Group
- Compagnia Del Vino SRL
- Gruppo Campari
- Pernod Ricard
- The Wine Group
- Treasury Wine Estate
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