The global Fortified Wine market was valued at US$ 10510 million in 2022 and is projected to reach US$ 12530 million by 2029, at a CAGR of 2.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Fortified wine is considered to be a special wine that is fortified with the presence of additional alcohol that has been added to the base wine during the process of fermentation to bring the average alcohol content up to around seventeen to eighteen percent.
This report aims to provide a comprehensive presentation of the global market for Fortified Wine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Fortified Wine. This report contains market size and forecasts of Fortified Wine in global, including the following market information:
- Global Fortified Wine Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Fortified Wine Market Sales, 2018-2023, 2024-2029, (K L)
Global top five Fortified Wine companies in 2022 (%)
The vermouth segment accounted for the major shares and dominated this market. Vermouth is favored by the consumers due to its low content of alcohol and it is comparatively healthy. Factors such as the increasing health consciousness and innovative content will contribute to the growth of the fortified wine market in this industry segment.
We surveyed the Fortified 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 Fortified Wine Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K L)
Global Fortified Wine Market Segment Percentages, by Type, 2022 (%)
- Vermouth
- Port Wine
- Sherry
- Marsala Wine
- Madeira Wine
- Other
Global Fortified Wine Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K L)
Global Fortified Wine Market Segment Percentages, by Application, 2022 (%)
- Supermarkets and Hypermarkets
- On-trade
- Specialist Retailers
- Retail Stores
Global Fortified Wine Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K L)
Global Fortified Wine Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Fortified Wine revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Fortified Wine revenues share in global market, 2022 (%)
- Key companies Fortified Wine sales in global market, 2018-2023 (Estimated), (K L)
- Key companies Fortified Wine sales share in global market, 2022 (%)
- Further, the report presents profiles of competitors in the market, key players include:
- Vinbros
- Indage Vintners Limited
- Backsberg Estate Cellars
- Albina & Hanna
- Bacardi
- E. & J. Gallo Winery
- Gruppo Campari
- The Wine Group
- Atsby Vermouth
- Contratto
- Gancia
- Sogrape Vinhos
- Symington
- Sogevinus Fine Wines
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Fortified Wine, market overview.
- Chapter 2: Global Fortified Wine market size in revenue and volume.
- Chapter 3: Detailed analysis of Fortified Wine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Fortified Wine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Fortified Wine capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
