Middle East & Africa Fortified Wine Market Size & Outlook
Middle East & Africa fortified wine market, 2017-2028 (US$M)
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MEA fortified wine market highlights
- The MEA fortified wine market generated a revenue of USD 826.4 million in 2021.
- The market is expected to grow at a CAGR of 11.7% from 2022 to 2028.
- In terms of segment, vermouth was the largest revenue generating product in 2021.
- Sherry is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2022 to 2028.
MEA data book summary
| Market revenue in 2021 | USD 826.4 million |
| Market revenue in 2028 | USD 1,792.0 million |
| Growth rate | 11.7% (CAGR from 2021 to 2028) |
| Largest segment | Vermouth |
| Fastest growing segment | Sherry |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Port Wine, Vermouth, Sherry |
| Key market players worldwide | E & J Gallo Winery, Constellation Brands Inc Class A, Treasury Wine Estates Ltd, Trinchero Family Estates, Deutsch Family Wine and Spirits, The Wine Group, Liberty Wines, Precept Wine, Ste. Michelle Wine Estates, Taylor’s Port |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.0% of the global fortified wine market in 2021.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,325.7 million by 2028.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Fortified Wine Market Scope
Fortified Wine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa fortified wine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fortified wine market will help companies and investors design strategic landscapes.
Vermouth was the largest segment with a revenue share of 68.24% in 2021. Horizon Databook has segmented the Middle East & Africa fortified wine market based on port wine, vermouth, sherry covering the revenue growth of each sub-segment from 2017 to 2028.
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Target buyers of Middle East & Africa fortified wine market databook
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Our clientele includes a mix of fortified wine market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa fortified wine market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa fortified wine market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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MEA fortified wine market size, by country, 2017-2028 (US$M)
Middle East & Africa Fortified Wine Market Outlook Share, 2021 & 2028 (US$M)
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