Product Code: ETC030600 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The United Arab Emirates (UAE) Fortified Wines Market witnessed steady growth during the period 2025-2031. Fortified wines are wines that have been strengthened with the addition of spirits, such as brandy, to increase their alcohol content and shelf life. The market`s expansion was driven by factors such as the UAE growing wine culture and tourism, the demand for premium and luxury alcoholic beverages, and the popularity of fortified wines as dessert and aperitif choices.
Several factors acted as drivers for the growth of the UAE fortified wines market. Firstly, the UAE increasing exposure to global wine trends, along with a growing expatriate population from wine-producing countries, contributed to the rising appreciation for different types of wines, including fortified varieties. Secondly, the UAE thriving hospitality and tourism industry, including fine dining restaurants and luxury hotels, boosted the demand for high-quality fortified wines as a part of upscale dining experiences. Additionally, the preference for wines with higher alcohol content and complex flavors made fortified wines an attractive choice for discerning consumers.
The market also encountered specific challenges during the forecast period. One of the primary challenges was the competition from other alcoholic beverages, such as spirits and liqueurs, which offer different flavor profiles and consumption experiences. Moreover, the UAE stringent regulations and taxation policies for alcohol sales and consumption impacted the pricing and distribution of fortified wines. Additionally, the Covid-19 pandemic led to temporary closures of bars and restaurants, affecting the on-premise consumption of fortified wines.
The outbreak of the Covid-19 pandemic had a notable impact on the UAE fortified wines market. During the pandemic, the closure of hospitality establishments and restrictions on social gatherings led to a decline in on-premise consumption. However, the demand for fortified wines for home consumption increased, as consumers sought premium and celebratory beverages during lockdown periods. E-commerce platforms and delivery services played a crucial role in facilitating the sales of fortified wines to consumers at home.
Several key players dominated the UAE fortified wines market during the specified period. These companies were involved in the importation, distribution, and retail of a wide range of fortified wines from various wine-producing regions. Some of the prominent players included Bodega Torres, Gonz?lez Byass, Lustau, and Osborne Group. These companies` portfolio of premium fortified wines, marketing efforts, and partnerships with hospitality establishments contributed to their significant market share in the UAE.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Arab Emirates (UAE) Fortified Wines Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Fortified Wines Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Fortified Wines Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Fortified Wines Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Fortified Wines Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Fortified Wines Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 United Arab Emirates (UAE) Fortified Wines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Fortified Wines Market Trends |
6 United Arab Emirates (UAE) Fortified Wines Market, By Types |
6.1 United Arab Emirates (UAE) Fortified Wines Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Fortified Wines Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Fortified Wines Market Revenues & Volume, By Port, Sherry, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Fortified Wines Market Revenues & Volume, By Marsala, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Fortified Wines Market Revenues & Volume, By Madeira, 2021-2031F |
6.1.6 United Arab Emirates (UAE) Fortified Wines Market Revenues & Volume, By Commandaria, 2021-2031F |
6.1.7 United Arab Emirates (UAE) Fortified Wines Market Revenues & Volume, By Vermouth, 2021-2031F |
6.1.8 United Arab Emirates (UAE) Fortified Wines Market Revenues & Volume, By Others, 2021-2031F |
6.2 United Arab Emirates (UAE) Fortified Wines Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Fortified Wines Market Revenues & Volume, By On-Trade, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Fortified Wines Market Revenues & Volume, By Off-Trade, 2021-2031F |
7 United Arab Emirates (UAE) Fortified Wines Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Fortified Wines Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Fortified Wines Market Imports from Major Countries |
8 United Arab Emirates (UAE) Fortified Wines Market Key Performance Indicators |
9 United Arab Emirates (UAE) Fortified Wines Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Fortified Wines Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Fortified Wines Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 United Arab Emirates (UAE) Fortified Wines Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Fortified Wines Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Fortified Wines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |