Wine Tourism - An Emerging Trend in the Indian Wine Industry

Wine consumption in India is anticipated to grow at a CAGR of around 30% during 2009-2013, says RNCOS in its latest research report. End Quote

(1888PressRelease) March 02, 2011 - According to our latest research report "Indian Wine Industry Analysis", Wine tourism has emerged as the latest trend in the Indian wine industry with active participation of the major wine players. Wine players are extensively marketing wine tourism for monetary gains and transforming their wineries into inns/hotels for promoting wine tourism. Despite the country's vast population of around 1.2 Billion, the per capita consumption of wine is quite low. The low per capita consumption level indicates a huge potential for growth in the Indian wine market in the coming years. Wine consumption in India is expected to grow at a CAGR of around 30% during 2009-2013.

As per our research, the demand for foreign wines is also witnessing a significant growth pattern for the past few years. To cater to the growing demand for foreign wines, local players are including affordable imported wines in their product portfolios to attract new consumers. Our reports found that the majority of the wine consumption is from Tier-I cities, such as Mumbai, Delhi, Bangalore etc. However, as per our team of experts, in future, tier II and tier III cities will form a major part of wine consumption in the country.

Additionally, we have analyzed the emerging industry trends in the Indian wine market. Our report also analyzes factors critical to the success of the wine industry in India. It has also identified key players in the market and included their business description along with their recent activities.

Our report "Indian Wine Industry Analysis", provides extensive research and rational analysis on the Indian wine market. Our research provides deep insight into India's wine consumption and wine imports & exports of the country, along with their forecast and segmentation by region and type of wine. Our report also provides thorough analysis on the wine production in the country. Besides, the report highlights major wine producing areas, distribution channels, and leading wineries in India. In this way, the report presents a complete and coherent analysis of the Indian Wine industry, which will prove decisive for the clients.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM296.htm

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About RNCOS:

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

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