Fruit wines are fermented alcoholic beverages made up of a variety of base ingredients (other than grapes); they'll even have additional flavors taken from fruits, flowers, and herbs. This definition is usually broadened to incorporate any fermented alcoholic beverage except beer. For historical reasons, mead, cider, and Perry also are excluded from the definition of fruit wine. Fruit wines have traditionally been fashionable home wine makers and in areas with cool climates like North America and Scandinavia; in east Africa, India, and therefore the Philippines, wine is formed from bananas. Fruit wines are usually mentioned by their main ingredient (e.g., plum wine or elderberry wine) because the usual definition of wine states that it's made up of fermented fruit juice.
Being fruit-based fermented and uninstalled product, wine contains most of the nutrients present within the original fruit juice. The nutritive value of wine is increased because of the discharge of amino acids and other nutrients from yeast during fermentation. Fruit wines contain 8–11% alcohol and 2–3% sugar with energy value ranging between 70 and 90 kcal per 100 ml. The consumption of Wine in India is found to be increasing with rise of awareness of wine as an honest drink for health. The wine market of India observed growth with a CAGR of more than 25% in past five years. Growing popularity of Vineyards as tourism places, higher disposable incomes and growth in foreign tourists, promotion of wine as beneficial to health etc. are a number of the explanations for such growth. Global travel and expose to other countries where drinking wine may be a a part of the lifestyle also are helping to drive the sales of wine in India.
The global wine market was valued at US$ 296.03 billion in 2016 and is slated to reach US$ 404.64 billion by 2025. The market is expected to exhibit a CAGR of 3.23% during the forecast period (2017-2025). Still wine segment held the majority of market share with around 83% among product types in 2016, while wine was the well-liked option among all customer groups. Changing taste and new preferences among consumers and rising demand for brand spanking new and exotic flavors such as Riesling wine and other tropical fruit wine is fuelling the growth of the wine market. The marketplace for wine segment is expected to grow at a CAGR of 4.94% during the forecast period due to increasing consumption of champagne during social celebrations.
Asia Pacific is projected to witness the fastest growth within the wine market with countries such as China, India being the key contributors within the region. At a worldwide level, China stands to be the most important marketplace for alcohol consumption with the country also being one in every of the leading importers of wine worldwide. The continued recovery of the Chinese economy, growing upper bourgeoisie population and therefore the rising disposable income is further expected to boost the consumption of wine within the country. The country is additionally focused towards manufacturing its domestic wine, further promoting the growth of wine within the country.
Few Indian major players are as under
York Winery Pvt. Ltd.
Venus Cellars Pvt. Ltd.
Sunmeera Grapes Wineries Pvt. Ltd.
Nirvana Biosys Pvt. Ltd.
Grover Zampa Vineyards Ltd.
Four Seasons Wines Ltd
Charosa Wineries Ltd.
Century Wines Pvt. Ltd.
