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Cooking Wine Market by End-user, Type, and Geography - Forecast and Analysis 2023-2027

  • Published: Dec 2022
  • Pages: 159
  • SKU: IRTNTR43084
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The Cooking Wine Market is projected to increase by USD 7,130.02 million from 2022 to 2027. The market is estimated to grow at a CAGR of 8.72% between 2022 and 2027. In 2017 the market size was valued at USD 10,056.30 million.

The growing awareness regarding the health benefits of cooking wine is a major factor driving the market growth. Owing to its low-fat and high-flavour nature cooking wine is one of the favourite ingredients in various recipes. One of the primary growth factors of the market is the health-promoting benefits associated with its consumption. Some of the prominent health benefits associated with its consumption are it reduces the risk of heart attack, reduces the risk of type 2 diabetes, reduces the risk of colon cancer, and improves the LDL/HDL ratio independently in patients with arteriosclerosis. Cooking wine is prepared from the original wine with the addition of salt and seasoning. Thus, it incorporates all the benefits associated with wine. Red wine is popular worldwide and is beneficial due to the presence and amount of its different compounds. Furthermore, various studies show that red wine could be used as a natural antioxidant in the meat industry. The growing awareness of cooking wine and its associated health benefits will augment the use of cooking wine. 

This market is segmented by end-user into household and commercial. The household segment will contribute 40% to the growth of the market. Growth in the economy and growth in the urban population is associated with improvements in living standards and increases in spending levels. Rising disposable income and rapid urbanization have coincided with an increase in consumer spending. The increase in household spending provides high purchasing power for condiments products such as cooking wine. This will augment the growth of the household segment of the global cooking wine market. 

Cooking Wine Market: Overview

Cooking Wine Market Size

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Key Trend and Challenge

The increase in wine production is notably driving the market growth, although factors such as the presence of counterfeit products and intense competition among vendors may impede the market growth. Our researchers analyzed the data with 2022 as the base year and the key drivers, trends, and challenges. A holistic analysis of drivers, trends, and challenges will help stakeholders in the value chain refine their marketing strategies to gain a competitive advantage.

Trend

An increase in wine production is an emerging trend that will support market growth. As wine is the major ingredient for cooking wine, the increasing production of wine is likely to drive the growth of the cooking wine market. In addition, the government initiative to support the wine industry and to meet the increasing demand for wine in the region will also boost wine production, which will drive the growth of the market.

The major factors attributed to an increase in wine production are the rising production and plantation of grapes across the world, especially in developing countries. Favourable grape production will boost the production of wine. The high production of wine will maintain a favourable supply of raw materials for cooking wine manufacturers. This will help market vendors to maintain their profit margins, which will drive the growth of the global market during the forecast period.

Challenge

The presence of counterfeit products and intense competition among vendors are major challenges impeding the market. Fake products are not only spoiling the brand image but are also hampering sales. It has been observed that there are incidences where several old empty bottles of wine were purchased, and they were re-filled with counterfeit wine. The quality and prices of authentic goods can increase with the market entry of counterfeit products. Thus, vendors in the global cooking wine market face intense competition from manufacturers of counterfeit products, which is limiting the growth of the market.

The cooking wine market has numerous small and medium-sized vendors that compete on a regional level. Irrespective of such presence, with more established distribution networks and branding activities, as well as higher-end product offerings, the leading players are expected to continue to benefit from the rising consumer demands for high-quality cooking wine products. However, the lack of large vendors, which have an established global presence, is expected to continue to pose a threat to the growth of the market. Therefore, such factors will hinder the market growth during the forecast period. 

Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Cooking Wine Market Share by Geography

Global Cooking Wine Market Customer Landscape

Vendor Overview

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • Key Offering - Aak offers cooking wine such as cooking Sherry wine, Marsala cooking wine, and White cooking wine.
  • Key Offering - Bgfoods offers cooking wine in the form of red wine vinegar under the brand Regina.
  • Key Offering - Bulkcookingwines offers cooking wines such as red and white cooking wine.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • AAK AB
  • B and G Foods Inc.
  • De Vinco Co.
  • ECOVINAL SL
  • Eden Foods Inc.
  • Elegre Pty Ltd.
  • Eworldtrade.com
  • Foshan Haitian Flavoring and Food Co. Ltd.
  • Gourmet Classic Ltd.
  • Goya Foods Inc.
  • Kayco Co.
  • Kroger Co.
  • LinChen Inc.
  • Marina Foods Inc.
  • Mizkan Holdings Co. Ltd.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

Cooking Wine Market Segmentation by Type

The cooking wine market segmentation by product type of red, white, and others. Growing demand for exotic flavours in food is majorly driving the adoption of red cooking wine in the market. Chefs and cooks in many restaurants are experimenting with red wine to prepare new dishes with beautiful red colours and rich flavours. Meat cuts such as ribs, chops, tenderloin, and steak are prepared in a red sauce made of red wine. Moreover, a sauce made of red wine is also infused with different varieties of pasta to make flavorful dishes. The growing popularity of such dishes among restaurants is anticipated to boost the growth of the red wine segment in the global cooking wine market during the forecast period.

Cooking Wine Market Segmentation by End-user

The cooking wine market segmentation by end-user of household and commercial. The market share growth by the household segment will be significant during the forecast period. The segment includes cooking wine used for home cooking purposes. Owing to factors such as rising household spending, the growing demand for different varieties and flavours of food, and increasing awareness regarding the health benefits of cooking wine this segment has had the highest market share in 2022. 

Cooking Wine Market Size

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The household segment was valued at USD 6,448.10 million in 2017 and continued to grow until 2021.  Over the last few years, there has been rapid growth in urbanization and industrialization. This has resulted in a rise in disposable income and in turn high expenditure on household products. The increase in household spending provides high purchasing power for condiments products. This will augment the growth of the household segment of the global cooking wine market. Furthermore, the increasing benefits of cooking wine and the rising demand for products with health and wellness attributes, coupled with the increasing popularity of regional cuisines outside of their originated region, are likely to propel the growth of the household segment of the cooking wine market during the forecast period. In addition to this, different kinds of distribution channels, such as online and retail sales, enable consumers to purchase products in an easy way. Thus, the above-mentioned factors will boost segment growth during the forecast period.

Key Regions for the Cooking Wine Market

Cooking Wine Market Share by Geography

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Europe is estimated to contribute 42% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The rising household expenditure on food and beverages in the region, coupled with product launches and health benefits, will propel the growth of the market in Europe. According to 2022 Eurostat data, the household expenditure on food and non-alcoholic beverages in Europe was 14.3% of the total consumption expenditure in 2021. The expenditure on food and non-alcoholic beverages increased by 4.5% in 2021 compared with 2019. Thus, rising household expenditure, coupled with the growing expenditure on food in the region, is expected to drive the growth of the regional market in Europe during the forecast period.

The outbreak of the COVID-19 pandemic in 2020 moderately affected the growth of the cooking wine market in Europe, owing to a decline in the sales of packaged food ingredients, such as cooking wine. However, in 2021, the reopening of restaurants, cafes, and other end-user establishments improved the regional demand for cooking wine and created steady growth in the European market during the forecast period. Moreover, factories, warehouses, and other facilities of regional vendors reopened due to large-scale COVID-19 vaccination drives in 2021. As a result, local vendors were able to meet the demands of consumers. Thus, such factors will drive the growth of the regional market during the forecast period.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by End-user (Household and Commercial), Type (Red, White, and Others), and Geography (Europe, North America, APAC, South America, and Middle East and Africa).

  • End-user Outlook (USD Million, 2017 - 2027)
    • Household
    • Commercial
  • Type Outlook (USD Million, 2017 - 2027)
    • Red
    • White
    • Others
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Cooking Wine Market Scope

Report Coverage

Details

Page number

159

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 8.72%

Market growth 2023-2027

USD 7,130.02 million

Market structure

Fragmented

YoY growth 2022-2023(%)

8.63

Regional analysis

Europe, North America, APAC, South America, and Middle East and Africa

Performing market contribution

Europe at 42%

Key countries

US, China, Germany, Italy, and France

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

AAK AB, B and G Foods Inc., De Vinco Co., ECOVINAL SL, Eden Foods Inc., Elegre Pty Ltd., Eworldtrade.com, Foshan Haitian Flavoring and Food Co. Ltd., Gourmet Classic Ltd., Goya Foods Inc., Kayco Co., Kroger Co., LinChen Inc., Marina Foods Inc., and Mizkan Holdings Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Cooking Wine Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the cooking wine market between 2023 and 2027
  • Precise estimation of the size of the cooking wine market size and its contribution of the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of cooking wine market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global cooking wine market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global cooking wine market 2017 - 2021 ($ million)
    • 4.2 End User Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – End User Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Household - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Household - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Household - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Household - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Household - Year-over-year growth 2022-2027 (%)
    • 6.4 Commercial - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Commercial - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Commercial - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by End-user
      • Exhibit 42: Market opportunity by End-user ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 43: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 45: Chart on Comparison by Type
      • Exhibit 46: Data Table on Comparison by Type
    • 7.3 Red - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Red - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Data Table on Red - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Chart on Red - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Red - Year-over-year growth 2022-2027 (%)
    • 7.4 White - Market size and forecast 2022-2027
      • Exhibit 51: Chart on White - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on White - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on White - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on White - Year-over-year growth 2022-2027 (%)
    • 7.5 Others - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Type
      • Exhibit 59: Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 61: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 63: Chart on Geographic comparison
      • Exhibit 64: Data Table on Geographic comparison
    • 9.3 Europe - Market size and forecast 2022-2027
      • Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 Italy - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Italy - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Italy - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Italy - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Italy - Year-over-year growth 2022-2027 (%)
    • 9.12 France - Market size and forecast 2022-2027
      • Exhibit 101: Chart on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 105: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 108: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 109: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 110: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 111: Matrix on vendor position and classification
            • 12.3 AAK AB
              • Exhibit 112: AAK AB - Overview
              • Exhibit 113: AAK AB - Business segments
              • Exhibit 114: AAK AB - Key news
              • Exhibit 115: AAK AB - Key offerings
              • Exhibit 116: AAK AB - Segment focus
            • 12.4 B and G Foods Inc.
              • Exhibit 117: B and G Foods Inc. - Overview
              • Exhibit 118: B and G Foods Inc. - Product / Service
              • Exhibit 119: B and G Foods Inc. - Key offerings
            • 12.5 De Vinco Co.
              • Exhibit 120: De Vinco Co. - Overview
              • Exhibit 121: De Vinco Co. - Product / Service
              • Exhibit 122: De Vinco Co. - Key offerings
            • 12.6 ECOVINAL SL
              • Exhibit 123: ECOVINAL SL - Overview
              • Exhibit 124: ECOVINAL SL - Product / Service
              • Exhibit 125: ECOVINAL SL - Key offerings
            • 12.7 Eden Foods Inc.
              • Exhibit 126: Eden Foods Inc. - Overview
              • Exhibit 127: Eden Foods Inc. - Product / Service
              • Exhibit 128: Eden Foods Inc. - Key offerings
            • 12.8 Elegre Pty Ltd.
              • Exhibit 129: Elegre Pty Ltd. - Overview
              • Exhibit 130: Elegre Pty Ltd. - Product / Service
              • Exhibit 131: Elegre Pty Ltd. - Key offerings
            • 12.9 Eworldtrade.com
              • Exhibit 132: Eworldtrade.com - Overview
              • Exhibit 133: Eworldtrade.com - Product / Service
              • Exhibit 134: Eworldtrade.com - Key offerings
            • 12.10 Foshan Haitian Flavoring and Food Co. Ltd.
              • Exhibit 135: Foshan Haitian Flavoring and Food Co. Ltd. - Overview
              • Exhibit 136: Foshan Haitian Flavoring and Food Co. Ltd. - Product / Service
              • Exhibit 137: Foshan Haitian Flavoring and Food Co. Ltd. - Key offerings
            • 12.11 Goya Foods Inc.
              • Exhibit 138: Goya Foods Inc. - Overview
              • Exhibit 139: Goya Foods Inc. - Product / Service
              • Exhibit 140: Goya Foods Inc. - Key offerings
            • 12.12 Kayco Co.
              • Exhibit 141: Kayco Co. - Overview
              • Exhibit 142: Kayco Co. - Product / Service
              • Exhibit 143: Kayco Co. - Key offerings
            • 12.13 LinChen Inc.
              • Exhibit 144: LinChen Inc. - Overview
              • Exhibit 145: LinChen Inc. - Product / Service
              • Exhibit 146: LinChen Inc. - Key offerings
            • 12.14 Marina Foods Inc.
              • Exhibit 147: Marina Foods Inc. - Overview
              • Exhibit 148: Marina Foods Inc. - Product / Service
              • Exhibit 149: Marina Foods Inc. - Key offerings
            • 12.15 PANOS Brands LLC
              • Exhibit 150: PANOS Brands LLC - Overview
              • Exhibit 151: PANOS Brands LLC - Product / Service
              • Exhibit 152: PANOS Brands LLC - Key offerings
            • 12.16 Pompeian Inc.
              • Exhibit 153: Pompeian Inc. - Overview
              • Exhibit 154: Pompeian Inc. - Product / Service
              • Exhibit 155: Pompeian Inc. - Key offerings
            • 12.17 Roland Foods LLC
              • Exhibit 156: Roland Foods LLC - Overview
              • Exhibit 157: Roland Foods LLC - Product / Service
              • Exhibit 158: Roland Foods LLC - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 159: Inclusions checklist
                • Exhibit 160: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 161: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 162: Research methodology
                • Exhibit 163: Validation techniques employed for market sizing
                • Exhibit 164: Information sources
              • 13.5 List of abbreviations
                • Exhibit 165: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Cooking Wine market growth will increase by $7130.02 million during 2023-2027.
              The cooking wine market is expected to grow at a CAGR of 8.72% during 2023-2027.
              Technavio has segmented the cooking wine market by end-user (Household and Commercial) ,type (Red, White, and Others) , and geography (Europe, North America, APAC, South America, and Middle East and Africa).
              AAK AB, B and G Foods Inc., De Vinco Co., ECOVINAL SL, Eden Foods Inc., Elegre Pty Ltd., Eworldtrade.com, Foshan Haitian Flavoring and Food Co. Ltd., Gourmet Classic Ltd., Goya Foods Inc., Kayco Co., Kroger Co., LinChen Inc., Marina Foods Inc., Mizkan Holdings Co. Ltd., PANOS Brands LLC, Pompeian Inc., Roland Foods LLC, Ultrafoods, World Finer Foods LLC are a few of the key vendors in the cooking wine market.
              Europe will register the highest growth rate of 41.68% among the other regions. Therefore, the cooking wine market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
              • US
              • China
              • Germany
              • Italy
              • France
              The key factors driving the cooking wine market growth are:
              • Increasing application and demand for cooking wine in the food industry
              • Business strategies adopted by vendors
              The cooking wine market vendors should focus on grabbing business opportunities from the household segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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