5 Projections from Fact.MR's Report on Red Wine Market
Discerning consumer tastes, a rising disposable income, increased urbanization, and the popularity of different wine varieties for all sorts of social events and gatherings directly benefit the red wine market. Red wine finds a ready customer base in both the younger as well as older demographic as a substitute for 'hard drinks' and a healthy lifestyle alternative respectively. Wine consumption and production has noticeably increased in emerging markets and technological advancements in developed ones have given rise to new and...
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