Orange Wine Market | Global Industry Report, 2030
The orange wine market is rising steadily and is poised to continue to rise at a steady pace over the 2020 - 2030 forecast period driven by a number of favorable factors. High spending on luxury food and beverages, including specialty wines by affluent individuals is a key factor fuelling the orange wine market. Surge in the number of high net worth individuals in emerging economies has created a market for luxury food and beverages. These individuals spend hefty amounts for parties, to entertain guests and even for personal enjoyment, wherein luxury drinks such as orange wine are served.