Global Rose Wine Market 2018-2022
About Rose Wine
Rosé wine is made by fermenting grapes. But unlike the red winemaking process, the grape skins are allowed to come in contact only for a short duration to achieve the pink shade. The winemakers control the color of wine and remove the grape skins once the rosé wine has attained the desired color. Rosé wines are manufactured from many red wines grapes, such as Cabernet Sauvignon and Syrah. However, there are certain grapes that are preferred over others, such as Grenache Syrah, Pinot Noir, Mourvedre, Sangiovese Carignan and Cinsault.
Technavio’s analysts forecast the global rose wine market to grow at a CAGR of 1.54% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global rose wine market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of rose wine.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Rose Wine Market 2018-2022
Technavio recognizes the following companies as the key players in the global rose wine market: Pernod Ricard (2017), Bodegas Muga, Trinchero Family Estates, Treasury Wine Estates (2017), Crimson Wine, and Angove Family Winemakers.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is rising importance of e-commerce in rose wine market. Availability of rosé wine online has increased the convenience of consumers. E-commerce encourages consumers who buy this alcoholic beverage on impulse. The US-based, Fresh Direct, an online grocer offers a wide variety of rosé wines. It has approximately 90 varieties of rosé wine in its assortment, which includes canned organic wines. One of its variety includes Maris rosé wine, which is manufactured by a France-based vendor, CHATEAU MARIS.”
According to the report, one of the major drivers for this market is increasing wine production. Changing cultures and adoption of metropolitan attitude among consumers have contributed significantly to the increased production of wine. Also, this increase is attributed to the consumption of wine by the younger population. To meet the increasing demand, players in the market have increased their wine production around the globe, and it is expected to increase further during the forecast period. In 2015, the global wine production was about 274.4 million hectoliters, registering an increase of about 2% as compared with 2014. Globally, there is also an increase in the total vineyard area, which is contributing to an increase in wine production.
Pernod Ricard (2017), Bodegas Muga, Trinchero Family Estates, Treasury Wine Estates (2017), Crimson Wine, and Angove Family Winemakers.
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