Is the wine industry profitable?

[Starmix]

And he drinks only according to the instructions. It's just a propaganda.

 

[Hate2Wait]

People do make excuses or read things online or came to know from their friends that this thing is good for health and start consuming

 

[Starmix]

There are indeed stupid people who only promised not to repeat the same mistake when got sick. It might be too late, good if their sickness is not serious.

 

[hastral45]

Wine business is a lucrative business. Especially now that we are in a season of celebration, every family would like to be exchanging gifts for Xmas among themselves.

 

[Starmix]

yes, it is a very lucrative business, especially this month, When I shopped at the mall this morning, I noticed a display of wines, and buyers fell n line. They are shopping in advance for Christmas and New year.

 

[RicAngelo]

I will not open this kind of business in my hometown, because its not their market. But if i do this in Jakarta, maybe profitable

 

[eldavis]

I dont really know much about this aspect though but i believe it would be abit profitable. I have of some persons who are into the wine business and they are doing pretty well.

 

[hastral45]

yes, it is a very lucrative business, especially this month, When I shopped at the mall this morning, I noticed a display of wines, and buyers fell n line. They are shopping in advance for Christmas and New year.

This is the period of celebration. This is the period when the price of wines used to go up as a result of increase in its demand. Wines is the best material in gifts.

 

[Hate2Wait]

Health issues or not, effective or not but still people prefer it so it will be considered as a popular and profitable business

 

[Starmix]

This is the period of celebration. This is the period when the price of wines used to go up as a result of increase in its demand. Wines is the best material in gifts.

That's right so the wine manufacturing companies are doubling their processing for this month is a lucky month for them. They will have volume sales of wine.

 

[Hate2Wait]

You need to research if its possible in your country or not because here I don't see many prefer Wine and what they prefer is alcoholic drinks

 

[Starmix]

There are wine manufacturing companies here in Philippines and even in my region in Mindanao. There's also alcohol drinkers her like Tanduay Rhums.

 

[Hate2Wait]

These things are naturally popular because people from many years like these things but as far as my liking, I don't like these and stay away from these

 

[Starmix]

This business is well supported only by wine drinkers. If its not good to you no reason to drink.

 

[Niyi Briggs]

Wines are vital parts of any occasion and the business of selling them is very lucrative. It is a good business.

 

[rubesh]

The answer is yes, it is profitable as a whole. In bars and restaurants, wine is easily the most profitable. red wine is mostly the drink of the ladies. There are also men who like it. In bars, wine is mostly in demand. There are different kinds or brands of wine. Wine investing is also good because it offers decent returns. Though there are wine manufacturers who suffer risk but not all the time. In this season of good cheer, wine is always present at every party.

Yes, the wine industry is a highly profitable and thriving industry with estimated sales of over $20 billion in 2020 alone. The global wine industry has seen a steady growth in the past decade and this is largely driven by the emergence of new markets in Europe and North America. For example, the US has become the world's largest wine market with revenues exceeding $55 billion in 2019.

Furthermore, wine consumption is expected to keep increasing over the next few years due to the rising popularity of wine-related experiences such as wine tastings, vineyard visits and food pairing events. Additionally, technological advancements such as the use of biotechnology and climate-controlled barrel production are making it easier and more cost-effective for producers to make a high-quality product.

 

[Starmix]

Wine drinkers also choose their favorite brands. There are women who also drink wine and they choose to buy ladies' drinks, This season, I can see displays of wine in malls. Many fell online to buy . Others prefer wine with strong alcohol to feel and think they are macho

 

[cherry123]

We can drink alcohol but in moderation but in my case I'm not a fan of drinking wine.

Maybe you do more of red wine it is healthy and good for the heart

 

[Starmix]

Maybe you do more of red wine it is healthy and good for the heart

Yes, we buy Red wine, it's hearty and we drink it during Christmas and some other occasions.

 

[cherry123]

Yes, we buy Red wine, it's hearty and we drink it during Christmas and some other occasions.

Way to go if you don't like others just stock up with red wines and you would be having a lit Christmas already