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Wine And Brandy (Wineries) Market Industry Trends, Size, Share, Company Overview, Growth, Development And Forecast By 2030

The Business Research Company’s Wine And Brandy (Wineries) Global Market Report 2020-30: Covid 19 Impact and Recovery. The report covers market size, key players, market share and trends to 2030.

Wine And Brandy (Wineries) Global Market Report 2020-30: Covid 19 Impact and Recovery is one of a series of new reports from The Business Research Company that provide Wine And Brandy (Wineries) market overviews, analyze and forecast market size and growth for the whole market, Wine And Brandy (Wineries) market segments and geographies, Wine And Brandy (Wineries) market trends, Wine And Brandy (Wineries) market geographies. The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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The wine (wineries) market consists of sales of wines, ciders and fortified wines by entities (organizations, sole traders and partnerships) that grow grapes and other fruits, and/or produce wines and brandies, and blend wines and brandies. The companies in the wineries industry process raw materials into wines, ciders and fortified wines, package and distribute them through various distribution channels to both individual customers and commercial establishments. Their produce includes champagne, alcoholic cider, fortified wines, ice wines, sparkling wines and vermouth.

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The global wine and brandy (wineries) market is expected to grow from $158.4 billion in 2019 to $163.1 billion in 2020 at a compound annual growth rate (CAGR) of 3%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $203.7 billion in 2023.

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