Fortified Wine Market Detailed Analytical Overview by 2017 – 2025
atulpmrMay 3, 2021 3
The niche market for wines that includes wine Varities such as fortified wine and sparkling wine is witnessing a steady growth around the globe. The wine which is fortified with distilled spirits, usually brandy, to arrest fermentation and prevent it from spoilage is called as the fortified wine. Depending on the time addition of brandy, there are two main product variants in the fortified wine- sweet wine and dry wine. Growing trend of alcohol consumption in developing countries is expected to drive the growth of the fortified wine market. Fortified wine market has met many obstacles in its growth since its invention and introduction in the Europe, but today, the demand from consumers signifies substantial growth for the market in the forecast period.