Today: May 5, 2016, 10:46 am
  
Finance

Turkey wine market: Kavaklidere Saraplari the leading industry player during 2012

companiesandmarkets.com
companiesandmarkets.com
Wine in Turkey - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-04 16:15:01
Kavaklidere Saraplari AS continued to lead sales in the Turkey wine market during 2012 with a brand share of around 27%. The company owes its success to its long-established presence in the country. Its flagship brands such as Yakut and Cankaya have shares that are larger than the total share of many small local players.

Wine registered a slight decline in 2012 reaching TL57 million litres of sales. The main reason behind the decline was the successive increases to excise taxes in October 2011 and September 2012, which were disproportionately high for wine. As a result, consumers switched to cheaper categories such as beer.

Wine is predicted to see a total volume CAGR of 1% over the forecast period; a major improvement in comparison with the negative review period CAGR of 7%. Wine is expected to recover from the effects of the recession and unit prices are expected to increase in light of the premiumisation trend and the trend towards rosé wine, which is on average, a more expensive type.

Click for report details: www.companiesandmarkets.com/Market/Food-and-Drink/Market-Researc ..

Browse all Food and Drink Market Research Reports www.companiesandmarkets.com/Market/Food-and-Drink/Market-Researc ..

Browse all Food and Drink Company Profile Reports www.companiesandmarkets.com/Market/Food-and-Drink/Company-Profil ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Press Information


Published by
Mike King
London: +44 (0) 203 086 8600
e-mail
www.companiesandmarkets.com



# 366 Words
Related Articles
 
More From Finance
New Frontier Portfolios Top Morningstar Rankings
Boston, April 14, 2016—New Frontier’s global strategic portfolios topped the Global Balanced Strategic category of the latest [..]
Finding an Excellent Tax Lawyer with the [..]
Sound Advice about Finding an Excellent Attorney When an individual requires legal representation, whether for an IRS tax debt [..]
First Gothenburg Bancshares to acquire Nebanco, Inc.
Denver, CO: March 24, 2016 – First Gothenburg Bancshares, Inc., the holding company for First State Bank, Gothenburg, Nebraska [..]
With Bad Credit It Is Still Possible [..]
What to Expect When Seeking a Bad Credit Home Loan Refinance Okay, so not everyone has great – or even [..]
Credit-Yogi Professionals Describe How to Get Out [..]
Who doesn’t want to save money while getting rid of debt? Most folks would jump at the chance to do [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.