Premia Brands has focused on understanding their customers palettes, due to this our team has worked extensively on identifying regions that best reflect demand. Additionally Premia Brands is at the forefront of new world wines, supplying Yellow Tail (Australia), Casillero del Diablo (Chile), Trivento (Argentina) and McGuigan (Australia) to name but a few.
For products and pricing please get in touch with us.
“The wine market is expected to reach USD 450.59 billion by 2024, registering a CAGR of 5.8%, during the forecast period (2019 – 2024).
- The wine market is driven by increasing demand for wine, due to its health benefits and premiumisation of wine products, coupled with innovation in flavour and more advanced distribution networks, globally.
- Changing taste and new preferences among consumers, along with increasing demand for new and exotic flavours, such as Riesling wine and other tropical fruit wine are expected to fuel the growth of the wine market.
- Asia-Pacific is expected to witness rapid growth, during the forecast years. This is due to an increase in the number of companies that produce wine in China, India, and Japan. An increase in demand for premium wines and growing westernisation also act as factors that drive the growth of the wine market in this region.”