Global Wine Companies
Wine is a fermented grape alcoholic beverage without the addition of sugars, acids, enzymes, or water. It has several types, including red wine, white wine, rose wine, sparkling wine, and dessert wine. It comprises antioxidants such as flavonoids and polyphenols that are critical in eliminating free radicals in the body. It can be consumed in birthday celebrations, office parties, and social gatherings. It is used in sauces, marinades, and dressings of meats, poultry, seafood, and vegetables. It is also utilized in desserts, such as poached fruits and sauces for cakes and pastries.
The global wine market size reached US$ 483.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 762.3 Billion by 2032, exhibiting a growth rate (CAGR) of 5.08% during 2024-2032.