In 2022, the global orange wine market is estimated to be worth USD 40.01 million. By the end of 2032, this market is predicted to be worth USD 67 million. This study’s projection timeframe is 2022-2032. During the assessment period, the market is expected to grow at a CAGR of 5.29%.
Orange wine contains more components, such as polyphenols, which have health advantages. This wine has been shown to be useful in treating metabolic syndrome and lowering the risk of heart disease. It is preferable to white wine due to the technique of processing. The name “Orange Wine” is a misnomer
.For More insights into the, Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=3675?Sr
Why is Orange wine gaining popularity among consumers?
Orange wine is popular due to its advantages over other varieties of wine. This wine has higher antioxidants due to the fermentation of white grapes. The skin of grapes, as well as the seeds, allow antioxidants to enter the wine. Several studies support the intake of wine due to its effectiveness in heart problems. Moderate alcohol consumption may minimize the risk of heart disease and death caused by high blood pressure. Wine drinking has been linked to reduced dementia and cell damage in the brain.
Competitive Landscape:
The global market for orange wine is one of the most fragmented, with many players active in production, and the orange wine made by these locals is sold under the labels of numerous wine shops. Marksandspencer Group Plc., Gravner, Radikon, and Salvo Foti are among the leading participants in the orange wine market. Some domestic wine makers have private labels such as highburyvintners, ottolenghi, slurp, lescaves, winebear, redsquirrelwine, and many more.
Key Players:
- MarksandSpencer Group Plc.
- Radikon
- Gravner
- Salvo Foti
Get Customization on this Report Specific Research Solutions:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=3675
Regional Analysis:
The majority of Orange Wine is produced in northeastern Italy. Individuals, particularly the urban population, are increasingly drawn to nightclubs and club culture, which improves the entire industry. This is due to millennials’ increased use of the Internet and social networks, as well as the growing impact of Western society. Europe continues to be the wine industry’s staple region. The primary reason for the wine industry’s expansion.
Due to the high net worth individuals in this region, the Asia Pacific region is expected to become the greatest market for orange wines. Because of an increase in demand for luxury meals and a rising income bracket, countries such as India and China are leading the region. There is an increase in social gatherings and host house parties where wine is frequently given to guests. People in this region like wine drinks for personal enjoyment, which is projected to open up new opportunities for the business in the predicted term.
Key Segments of Industry:
- By Sales Channels :
- Online
- Wine stores
- Retail stores
- Supermalls
For More in-depth competitive analysis, Buy Now:
https://www.factmr.com/checkout/3675
Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com