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Still Wine Market Estimated At USD 546.86 Billion By 2028

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  San Francisco, 1 Nov 2022:  The Report  Still Wine Market  Size, Share & Trends Analysis Report By Type (White Wine, Red Wine), By Distribution Channel (Liquor Stores, Internet Retailing), By Region, And Segment Forecasts, 2022 - 2028 The global still wine market size is expected to reach USD 546.86 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 10.1% from 2022 to 2028. The growing consumption of alcohol among developed and developing countries, the adoption of a global lifestyle, an increasing number of wineries, rising disposable income, and the changing preference of consumers from hard liquor to mild alcoholic beverages are propelling the market growth. The market is mainly driven by various health benefits associated with the liquor, coupled with the advanced distribution networks and innovation of new flavors. In addition, factors such as the ease of availability to consumers and lux...