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Follow on Google News |  World Wine Market to Grow 1.1% annually from 2015 to 2019Global demand for wines is forecast to expand 1.1% p.a. between 2015 and 2019. China, Japan, Spain, Turkey and the United States are considered the highest potential markets in the coming years.
By: iData Insights China, Germany, Japan, Spain and the United Statesrepresent the largest wine markets while the strongest annual growth is forecast to occur in Turkey (11.7%), India (5.4%), Indonesia (4.8%), Mexico (4.6%) and Vietnam (4.5%). Wine market size compared to market growth in different countries Based on in-house analysis and an advanced model which takes into consideration the actual market size, trends, forecast market growth, and changes in the market environment, Global Research and Data Services calculates the Market Potential Rates, the predicted market potential of the country in the coming years. The larger the Market Potential Rate, the more potential the market has in the coming years; and conversely, the smaller the rate, the less potential the market is considered to have in the future. Based on these Market Potential Rates, the top 20 highest potential wine markets in the coming years are: Ranking Country Market Potential Rate 1 United States 0.37 2 China 0.24 3 Spain 0.17 4 Japan 0.13 5 Turkey 0.12 6 Germany 0.11 7 Italy 0.11 8 United Kingdom 0.10 9 France 0.08 10 India 0.07 11 Mexico 0.07 12 Argentina 0.07 13 Canada 0.07 14 Australia 0.06 15 Indonesia 0.05 16 Vietnam 0.05 17 Czech Republic 0.04 18 Ethiopia 0.04 19 South Korea 0.04 20 Lithuania 0.04 The market information is based on new industry data reports recently published by Global Research & Data Services. The reports offer the most up-to-date industry data on the actual market situation, trends, and future outlook for wines in the world and individually for the following countries: Argentina, Armenia, Australia, Austria, Azerbaijan, Bangladesh, Bolivia, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Ecuador, Egypt, Estonia, Ethiopia, Finland, France, Georgia, Germany, Greece, Hungary, India, Indonesia, Italy, Japan, Kazakhstan, Kyrgyzstan, Latvia, Lebanon, Lithuania, Malaysia, Mexico, Moldova, Mongolia, Morocco, Norway, Peru, Philippines, Poland, Romania, Senegal, Slovakia, South Korea, Spain, Thailand, Turkey, Ukraine, United Kingdom, United States, Uruguay, Vietnam The reports include historic data from 2008 to 2014 and forecasts until 2019 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible and clearly presented tables and graphs. The reports help answer the following questions: - What is the current size of the wine market in the world and in different countries? - How is the wine market divided into different product segments? - How are the overall market and different product segments growing? - How is the market predicted to develop in the future? - What is the market potential compared to other countries? The latest industry data included in these reports: - Overall wine market size, 2008-2019 - Wine market size by product segment, 2008-2019 - Growth rates of the overall market and different product segments, 2008-2019 - Shares of different product segments of the overall market, 2008, 2014 and 2019 - Market potential rates of the overall market and different product segments The market data is given for the following product segments: Sparkling grape wines Other grape wines Unfermented grape must Vermouth and other flavoured grape wines Other wines For more detailed information about the reports, visit our website: http://www.idatainsights.com/ End
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