Market Overview:
The global bayberry wine market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for premium wines across the globe. Additionally, the growing awareness about the health benefits associated with bayberry wine is also propelling the demand for this product. Based on type, 1-10 percent segment is anticipated to account for a major share of the global bayberry wine market in 2018. This can be attributed to its lower price point as compared to other types of bayberry wines available in the market.
Product Definition:
Bayberry Wine is a type of wine that is made from the bayberry fruit. The fruit is small and dark red, and it is often used to make jams, jellies, and other desserts. Bayberry Wine has a sweet taste and a fruity aroma. It can be served chilled or at room temperature.
1-10 Percent:
1-10 percent is a concentration of solids content in wine which generally ranges from 4-8 degrees. It is used as an additive to enhance color and flavor characteristics in various types of wines including red, white, and rose. The 1-10 percent solution consists of natural or artificial coloring agents such as caramel for flavoring purposes with the purpose to improve taste and aroma characteristics.
11-20 Percent:
11-20% is the percentage of Alcohol by Volume (ABV) in Bayberry wine. It is a common measure for evaluating the strength of alcoholic beverages and commonly used to differentiate between beers, whiskeys, rums, wines and spirits.
The 11-20% ABV range has been around for quite some time; however it gained significant traction after its implementation in the beer industry with respect to labeling laws. The U.S.
Application Insights:
The retail store application segment accounted for the largest share of more than 70.0% in 2017. The product is widely used as a gift with purchase in various retail stores including supermarkets, hypermarkets and convenience stores to promote sales. In addition, it is also used as an ingredient in rum and cocktails to enhance their taste which further promotes its consumption especially among young adults.
The exclusive store application segment is expected to witness the fastest growth over the forecast period owing to rising demand from luxury fashion retailers particularly in countries such as China, Japan and India where traditional incense sticks are not preferred due to their strong fragrance which conflicts with that of perfumes worn by customers waiting for their turn at checkout counters or self-service kiosks.
Regional Analysis:
North America accounted for the largest share of more than 35.0% in 2017. The U.S., being a major consumer, is expected to witness significant growth over the forecast period owing to rising demand from retail stores and exclusive stores due to increasing consumption of bayberry wine as a digestive aid and tonic, which is boosting market growth in North America region.
Growth Factors:
- Increasing demand for premium wine products: The Bayberry Wine market is witnessing increasing demand for premium wine products. This is owing to the changing consumer preferences towards high-quality and exotic wines.
- Rising disposable incomes of consumers: A major growth driver for the Bayberry Wine market is the rising disposable incomes of consumers, which has led to an increase in their purchasing power. This is resulting in an increase in demand for luxury wine products.
- Growing popularity of wine tourism: The growing popularity of wine tourism is also contributing to the growth of the Bayberry Wine market, as it provides opportunities for wineries and vineyards to promote their products globally. Additionally, it also allows consumers to experience various types of wines from different parts of the world.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bayberry Wine Market Research Report
By Type
1-10 Percent, 11-20 Percent, More Than 20 Percent
By Application
Retail Store, Exclusive Store, Others
By Companies
Ningxia Hong, Jiangzhong Pharmaceutical(Jiangzhong Qinong), Ling, Zhongbo Green Technology, Beijing Shunxing Halewood Alcoholic Beverages, Shaanxi Lanhai Fruit Industry
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Bayberry Wine Market Report Segments:
The global Bayberry Wine market is segmented on the basis of:
Types
1-10 Percent, 11-20 Percent, More Than 20 Percent
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retail Store, Exclusive Store, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ningxia Hong
- Jiangzhong Pharmaceutical(Jiangzhong Qinong)
- Ling
- Zhongbo Green Technology
- Beijing Shunxing Halewood Alcoholic Beverages
- Shaanxi Lanhai Fruit Industry
Highlights of The Bayberry Wine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 1-10 Percent
- 11-20 Percent
- More Than 20 Percent
- By Application:
- Retail Store
- Exclusive Store
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bayberry Wine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bayberry wine is a type of wine made from bayberry fruit.
Some of the key players operating in the bayberry wine market are Ningxia Hong, Jiangzhong Pharmaceutical(Jiangzhong Qinong), Ling, Zhongbo Green Technology, Beijing Shunxing Halewood Alcoholic Beverages, Shaanxi Lanhai Fruit Industry.
The bayberry wine market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bayberry Wine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bayberry Wine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bayberry Wine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bayberry Wine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bayberry Wine Market Size & Forecast, 2020-2028
4.5.1 Bayberry Wine Market Size and Y-o-Y Growth
4.5.2 Bayberry Wine Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 1-10 Percent
5.2.2 11-20 Percent
5.2.3 More Than 20 Percent
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Retail Store
6.2.2 Exclusive Store
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bayberry Wine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bayberry Wine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 1-10 Percent
9.6.2 11-20 Percent
9.6.3 More Than 20 Percent
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Retail Store
9.10.2 Exclusive Store
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 1-10 Percent
10.6.2 11-20 Percent
10.6.3 More Than 20 Percent
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Retail Store
10.10.2 Exclusive Store
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 1-10 Percent
11.6.2 11-20 Percent
11.6.3 More Than 20 Percent
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Retail Store
11.10.2 Exclusive Store
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 1-10 Percent
12.6.2 11-20 Percent
12.6.3 More Than 20 Percent
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Retail Store
12.10.2 Exclusive Store
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 1-10 Percent
13.6.2 11-20 Percent
13.6.3 More Than 20 Percent
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Retail Store
13.10.2 Exclusive Store
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bayberry Wine Market: Competitive Dashboard
14.2 Global Bayberry Wine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ningxia Hong
14.3.2 Jiangzhong Pharmaceutical(Jiangzhong Qinong)
14.3.3 Ling
14.3.4 Zhongbo Green Technology
14.3.5 Beijing Shunxing Halewood Alcoholic Beverages
14.3.6 Shaanxi Lanhai Fruit Industry
