Port wine is a Portuguese fortified wine produced with distilled grape spirits exclusively in the Douro Valley in the northern provinces of Portugal. It is typically a sweet, red wine, often served as a dessert wine, though it also comes in dry, semi-dry, and white varieties.
Market Analysis and Insights: Global Port Wine Market
Due to the COVID-19 pandemic, the global Port Wine market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Vintage Port accounting for % of the Port Wine global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Online segment is altered to an % CAGR throughout this forecast period.
Increasing alcohol consumption is one of the major driving factors for the industry. Young consumers prefers to try different varieties of alcohol, such as whiskey, craft beer, and premium wines.
Global Port Wine Scope and Segment
Port Wine market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Port Wine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Vintage Port
Non-Vintage Port
Segment by Application
Online
Store-based
By Company
Symington Family
Fladgate Partnership
Quinta do Noval (Gonzalez Byass)
Sogevinus
Quinta do Crasto
Ramos Pinto
C. Da Silva (Vinhos) SA
Offley
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E