Production of Herbal Wine
Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Production Schedule, Working Capital Requirement, Plant Layout, Process Flow Sheet, Cost of Project, Projected Balance Sheets, Profitability Ratios, Break Even Analysis
Wine is an alcoholic beverage made from fermented grapes, generally Vitisvinifera or its hybrids with Vitislabrusca or Vitisrupestris. Grapes ferment without the addition of sugars, acids, enzymes, water, or other nutrients as yeast consumes the sugar in the grapes and converts it to ethanol and carbon dioxide. Different varieties of grapes and strains of yeasts produce different styles of wine.
There are also wines made from fermenting other fruits or cereals, whose names often specify their base, with some having specific names. Wines made from plants other than grapes include rice wine and various fruit wines such as those made from plums or cherries. Some well-known example is hard cider from apples, perry from pears, pomegranate wine, and elderberry wine.
For some compounds found in herbs, in fact alcohol is a more effective medium than water. This is why herbal tinctures are an effective method of healing with herbs. In an herbal wine infusion, wine also serves to stimulate the bloodstream, having an overall warming, and soothing impact on the body.
Few Indian Major Players of Grape Wine are as under:
· Chateau Indage Limited
· Grover Vineyards Limited
· Sula Wine yards
· Sankalp Wines
· Renaissance Wines
· ND Wines
· Vintage Wines
· Mandala Valley
· Flamingo Wines
· Vinicola
Market Outlook
Indian wine is set for record production levels of some 18 million litres in 2016, but it is the domestic rather than export market that is really driving sales.
India’s wine market was growing with a CAGR of 16.29% over a period of four years.
The demand of both the domestic and foreign wines has been growing day by day. There is enough room for each and every wine brand, be it Indian or foreign, in the Indian market as the market has registered a significant percentage of growth in both volume and value terms in recent years.
Consumption of red wine is expected to grow from accounting for 61% of total wine consumption in India to 71.6% in 2017.
India ranks 77th in terms of world wine consumption. The per capita consumption in India is only 20 ml per year. India consumed 0.8% of total wine consumed in Asia.
Red wine is the most popular type of wine consumed in Indian followed by white wine. Red wine accounts for 45% consumption followed by white wine 40% and sparkling wine at 10-15% and Rose wine 1-5%.
Survey reveals that consumption of wine in India is expected to reach 28 million liters by 2017. Wine consumption in India is expected to grow gradually and could reach 34 million liters by 2020.
India exported almost 20 lakh liters or 10% of total production in 2015. India’s wine export was calculated to be around Rs. 80 crore and is expected to increase to Rs. 500 crore in next five years.
India’s expanding wine industry is in the midst of a vital transition. Last year, the country’s wine production hit a record 17 million liters, with export sales rising 40 percent year-on-year to reach US$4.4 million in the first 7 months. With a rapidly growing export sector, expanding domestic consumer market and increasing industry support in major wine-producing States, the Indian wine industry has potential to be a global market competitor.
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