Rising Consumer Demand for Premium Wines Drives Global Cabernet Sauvignon Market Growth, Reveals Comprehensive Report

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Sep 22, 2023, 06:00 ET

DUBLIN, Sept. 22, 2023 /PRNewswire/ -- The "Cabernet Sauvignon Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War" report has been added to ResearchAndMarkets.com's offering.

The global cabernet sauvignon market is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) of approximately 9.9% during the period 2023-2030, according to a comprehensive report on the market.

Holistic Insights into the Cabernet Sauvignon Market

This report offers a holistic understanding of the global cabernet sauvignon market, encompassing market sizing, forecasts, drivers, challenges, and the competitive landscape. It provides a clear and detailed overview of the market by segmenting it based on grape variety, type, price range, flavors, distribution channel, and region.

Company Profiles and Informed Decision-Making

The report includes detailed profiles of companies operating in the cabernet sauvignon market, offering valuable insights for professionals and industry stakeholders to make informed decisions.

Market Dynamics

Drivers

Increasing Preference for Premium Wines: The rising preference for premium wines among consumers is a significant driver of growth in the cabernet sauvignon market.
Growing Tourism: The global tourism industry's growth contributes to increased consumption of wines, including cabernet sauvignon.

Challenges

Trade Barriers: The market faces challenges related to trade barriers, which can impact its growth trajectory.

Historical and Forecast Periods

Base Year: 2022
Historical Period: 2018-2022
Forecast Period: 2023-2030

Market Segmentation

Grape Variety

Cabernet Franc
Sauvignon Franc

Type

Young Cabernet
Old Cabernet

Price Range

Mass Market
Premium
Ultra-Premium

Flavors

Eco-friendly Bell Pepper
Blackcurrant
Mint
Cheddar
Chocolate
Vanilla
Others

Distribution Channel

Direct
Hypermarkets
Specialty Stores
Online Retail
Others

Regional Insights

Europe

Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe

North America

United States
Canada

Asia Pacific

China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific

Latin America

Mexico
Brazil
Argentina
Rest of Latin America

Middle East & Africa

Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa

Companies Mentioned

Beringer Vineyards
Catena Zapata
Chateau Margaux
Concha y Toro
Domaine de la Romanee-Conti
Freewater Cider and Wine Company
Louis Roederer
Penfolds
Robert Mondavi Winery
Santorini Wine Company
Stag's Leap Wine Cellars

For more information about this report visit https://www.researchandmarkets.com/r/ma8gxx

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