TOP CATEGORY: Chemicals & Materials | Life Sciences | Banking & Finance | ICT Media
Download Report PDF Instantly
Report overview
Madeira is a fortified wine made on the Portuguese Madeira Islands, off the coast of Africa. Madeira is produced in a variety of styles ranging from dry wines which can be consumed on their own, as an apritif, to sweet wines usually consumed with dessert. Cheaper cooking versions are often flavoured with salt and pepper for use in cooking, but these are not fit for consumption as a beverage. The islands of Madeira have a long winemaking history, dating back to the Age of Exploration (approximately from the end of the 15th century) when Madeira was a standard port of call for ships heading to the New World or East Indies. To prevent the wine from spoiling, neutral grape spirits were added. On the long sea voyages, the wines would be exposed to excessive heat and movement which transformed the flavour of the wine. This was discovered by the wine producers of Madeira when an unsold shipment of wine returned to the islands after a round trip. Today, Madeira is noted for its unique winemaking process which involves oxidizing the wine through heat and ageing. The younger blends (three and five years old) are produced with artificial methods that heat and accelerate the aging process and the older blends, colheitas and frasqueiras are produced by the canteiro method. Because of these methods of production these wines are very long lived and those produced by the canteiro method will survive for decades and even centuries, even after being opened. Wines that have been in barrels for many decades are often removed and stored in demijohns where they may remain unharmed indefinitely. Some wines produced in small quantities in Crimea, California and Texas are also referred to as "Madeira" or "Madera"; however, most countries conform to the EU PDO regulations and limit the use of the term Madeira or Madre to only those wines that come from the Madeira Islands.
This report contains market size and forecasts of Madeira Wine in global, including the following market information:
The global Madeira Wine market was valued at million in 2022 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period 2023-2030.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.
Sercial Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Madeira Wine include Vinhos Barbeito, Blandy's, HM Borges, Pereira d'Oliveira, J. Faria & Filhos, Henriques & Henriques, Justino's, Cossart and Gordon and Leacock's and etc. In 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Madeira Wine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Madeira Wine Market, by Type, 2018-2023, 2023-2030 ($ Millions) & (Tons)
Global Madeira Wine Market Segment Percentages, by Type, 2022 (%)
Global Madeira Wine Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (Tons)
Global Madeira Wine Market Segment Percentages, by Application, 2022 (%)
Global Madeira Wine Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (Tons)
Global Madeira Wine Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
