COVID-19 Impact and Recovery Analysis | Cooking Wine Market 2020–2024 | Demand for Cooking Wine in Food Industry to Boost Growth | Technavio
Technavio has been monitoring the cooking wine market and it is poised to grow by USD 6.92 billion during 2020–2024, progressing at a CAGR of over 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. B&G Foods Inc., Gourmet Classic Ltd., Goya Foods Inc., Honworld Group Ltd., Kedem Food Products, Marina Foods Inc., Mizkan Holdings Co. Ltd., PANOS Brands LLC, Pompeian Inc., and World Finer Foods LLC. are some of the major market participants. The demand for cooking wine in food industry will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Demand for cooking wine in food industry has been instrumental in driving the growth of the market.
Cooking Wine Market 2020–2024: Segmentation
Cooking Wine Market is segmented as below:
- End-user
- Households
- Commercial
- Geography
- Europe
- North America
- APAC
- ROW
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Cooking Wine Market 2020–2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our cooking wine marketreport covers the following areas:
- Cooking Wine Market Size
- Cooking Wine Market Trends
- Cooking Wine Market Industry Analysis
This study identifies focus on technological advances as one of the prime reasons driving the cooking wine market growth during the next few years.
Cooking Wine Market 2020–2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the cooking wine market, including some of the vendors such as B&G Foods Inc., Gourmet Classic Ltd., Goya Foods Inc., Honworld Group Ltd., Kedem Food Products, Marina Foods Inc., Mizkan Holdings Co. Ltd., PANOS Brands LLC, Pompeian Inc., and World Finer Foods LLC. Backed with competitive intelligence and benchmarking, our research reports on the cooking wine market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
