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Major wine producers are expected to expand their market presence in South Korea, which has the highest per capita consumption rate of alcohol in the world. Unique promotion and marketing campaigns are expected to play a critical role in driving the market growth.
Asia Pacific Wine Market Growth
Asia Pacific Wine Market Share
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 6.6% between 2024 and 2032.
The different types of wine in the market are sparkling wine, still wine, and fortified wine and vermouth.
The different types of wine in the market are red wine, rose wine, and white wine, among others.
The different distribution channels of wine in the market include hypermarket and supermarket, speciality stores, and online, among others.
The different countries covered in the market report are China, Japan, India, ASEAN, and Australia, among others.
The key market players are Treasury Wine Estates Ltd., Constellation Brands, Inc., Sula Vineyards Ltd., Carlyle Group Inc. (Accolade Wines), The Wine Group LLC, Weilong Grape Wine Co. Ltd., Tonghua Grape Wine Co. Ltd., Vicente Faria Vinhos, S.A., Grover Zampa Vineyards, and Dynasty Fine Wines Group Ltd., among others.
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