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Rose Wine Market Highlighting Regional Revenue Share Dominance During 2017 to 2022
by Josephwalker · February 21 Cheap Kris Letang Jersey , 2019


The global recession had dampened the market for expensive yet desirable beverages such as ros茅 wine, but the recent few years have brought about a slow if steady recovery. A rising disposable income in emerging markets such as China and India is making these nations far more receptive to products such as ros茅 wine as they have begun to show a preference for premium brands. Social media and influential celebrities have also played a major role as trendsetting icons and all these factors contribute to a bright future ahead for the global聽rose wine market. The report projects that the rose wine market will record a modest CAGR and grow to a value of over US$ 3.2 billion in 2022.


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Ros茅 is a form of wine that includes some color from grape skin, but not an adequate amount to be classified under red wines. Ros茅 wine can range in color from a vivid purple to a pale orange Cheap Derek Grant Jersey , depending on the winemaking technique deployed. The three major ways to produce ros茅 wine are saign茅e, blending, and skin contact and it can be sparkling Cheap Bryan Rust Jersey , semi-sparkling, or even still wine. Ros茅 wine can be derived from a wide variety of grapes grown across the world, making the Ros茅 wine market truly global in nature.


Pinot Noir Segment Extremely Attractive in Rose Wine Market


The pinot noir segment represents almost a third of the revenue share in the rose wine market by product type and it is expected to be worth more than US$ 935 million by the end of the forecast period. Companies could target Europe as the region has a long-standing heritage in winemaking Cheap Justin Schultz Jersey , coupled with an affluent population that is well-aware of the taste, texture, and nuances of different types of products available in the rose wines market. Along with Europe Cheap Olli Maatta Jersey , Latin America can be a focus region for key stakeholders in the rose wine market as the region is on track to record the highest CAGR.


Modern Trade Revenues Twice the Amount of Grocery Store Sales of Rose Wine


The modern trade segment is twice the size of grocery stores in the rose wine market and companies are advised to take this into account while planning their distribution strategies. Even though Europe dominates the trade segment by a considerable margin, companies could target either Latin America or the Asia-Pacific excluding Japan (APEJ) region as an increasing focus on retail infrastructure in these fast-growing regions will benefit the rose wine market. In addition to this, both Latin America and APEJ are poised to record a CAGR greater than 3% from 2017-2022 and they are the only two regions expected to do so.


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Rising Importance of E-commerce in the Rose Wine Market


The e-commerce boom has touched every segment of the retail industry and this includes the rose wine market. The e-commerce segment of the rose wine market is forecast to be worth approx. US$ 261 million in Europe alone by end 2022 Cheap Mario Lemieux Jersey , making it a sector too large to ignore.


Competition Tracking


The report has profiled the prominent companies鈥?active in the rose wine market which include Pernod Ricard SA, Bodegas Muga, Trinchero Family Estates Cheap Sidney Crosby Jersey , Service Distributing, Treasury Wine Estates Limited, Crimson Wine Group Cheap Jake Guentzel Jersey , Accolade Wines Holdings Australia Pty Ltd., Ferngrove Vineyards Limited, Wine Insights Pty Ltd. Cheap Matt Murray Jersey , and Angove Family Winemakers.


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