Global Wine Market Size, Share, Analysis, Industry Report and Forecast 2019-2025
The global wine market is estimated to grow at a CAGR of 3.7% during the forecast period. The wine industry valued at $157.6 billion in 2018 and is estimated to reach $201.2 billion in 2025. Health benefits and premiumization of wine products along with innovation in flavor and more advanced distribution networks across the globe are the major factors that drive the growth of the global wine market. The wine contains antioxidants that, when consumed, fight with free radicals to avoid diseases such as cancer. Additionally, the growing demand in emerging economies such as China and India are also contributing to the global wine market. To Request a Sample of our Report on Global Wine Market : https://www.omrglobal.com/request-sample/wine-market According to the Wine Institute of the US, the consumption of wine has been increased over the past 4 years from 919 million gallons in 2015 to 966 million gallons in 2018. However, the consumption of wine per individual has not seen a sharp ...