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For an importer to have success in the wine business or to even stay relevant in the industry, it is important for the importer to know the red wine prices and the types of red wine available in the market.
Restaurants or retailers can target specific customers when they know the variety of red wine in the market. Therefore, one of the best ways to achieve business growth is through segmentation and specialization.
The segmentation of red wine is based on the grape varietals that produce the wine. The grape varietals that produce the wine are also responsible for the taste, texture, and even color of the wine. Below are different types of red wine that an importer can choose to invest in:
Merlot is one of the most popular red wines in the market. The wine is known to be luxurious due to its smoothness and softness. However, the wine, which is often blended with Cabernet Sauvignon, tends to taste fruity. It tastes more like berries, cherries, and plums, especially the younger Merlots. Older ones tend to taste more like vanilla, cocoa, and even tobacco. Merlot is considered medium-bodied with an alcoholic content of 13-14%.
Cabernet Sauvignon is another highly ranked red wine popular all over the world. It is mainly grown in Bordeaux and California. It is a luxury wine for those who like the taste of black fruits. Cabernet also tastes more like blackcurrants, black cherries, and black olives. However, it also has some hints of vanilla, embers, and cedar, which are associated with its aging process. Cabernet Sauvignon is full-bodied with high tannins and acidity. It has an alcoholic content of between 13-16%.
Pinot Noir is another type of popular red wine that is both light and delicate. This red wine is a little hard to produce since the grapes are thin-skinned. It is known to taste more like red fruits. Besides the fruity flavor, Pinot Noir also has some acidic and earthy flavors, especially if it is aged in Burgundy. The wine has an alcoholic content of between 12-15% and is medium to light-bodied.
Syrah is known for its rich and dark full-bodied red wine. It is often aged in oak, which contributes to its taste profile. The wine tends to mostly integrate flavors of dark fruits and oak. Younger Shiraz is known to taste more like black fruits, while older ones tends to taste smokier, spicier, and woodier. Syrah has an alcoholic content of between 13-15% and has high tannins and acidity levels.
Zinfandel is another versatile American wine that ranges from medium to full-bodied. It also ranges in taste, where some are white and juicy, while others are dark and dry. The wine, which is also known as Primitivo in Italy, tastes more like raspberry and blackberry if it is young. However, it also tends to taste like jam, smoke, and cedar with age. The wine also has an alcoholic content of between 14-17%.
The red wine price list is greatly affected by the following factors:
The grape quality used to produce red wine greatly affects its price. Good quality grapes result in good quality wine. The winemakers use grapes that are not only fully ripe but also free of defects to produce quality wine. They also get grapes that have low yields per cluster, which means the wine will have high concentration and flavor. They will get these grapes from farms that use the best farming practices and have the best soil and climate conditions. They also use premium grape varietals that are hard to find or grow in specific regions. These grapes are also hard to get due to high demand. All these factors increase the cost of grapes, which in turn increases the price of the wine produced from it.
Another factor that affects wine and cheese prices is the production methods used. There is always a significant difference in prices between wine produced using modern techniques and that produced using traditional techniques. Winemakers who use manual harvesting, aging in expensive oak barrels, and strict fermentation control produce high-quality wine. The vintage also has a great impact on the production method.
Certain regions known to produce red wine are privileged to have the ideal climate and soil conditions for growing grapes. The wine produced in these regions is considered to be of a higher quality than the others. It, therefore, costs more than other wines. This is because the demand for wine produced in these areas is higher. However, the supply is limited.
Red wine that has been aged for a longer period is usually more expensive due to its limited availability. Aging requires the wine to be stored for years, which means the wine cannot be sold or used for revenue. This usually results in higher production costs and prices.
Some wineries produce very small quantities of red wine. These wines are rarely available in the market, making them more sought after by customers. Since demand for the wine often exceeds supply, it might be hard to find, which makes it very expensive. Wineries that produce limited-edition wines often use expensive packaging to enhance the wine's exclusivity. This also adds to the wine's price.
Some of the ideal uses of red wine in food include:
One of the best uses for red wine is to drink it on its own. Merlot can be enjoyed alone or with light to medium meals. It is usually served at a temperature of 15-20°C. Cabernet Sauvignon is also enjoyable on its own though many people prefer taking it with food. It is served at a temperature of 16-18°C. Pinot Noir is also ideal to drink without food. It is served at a temperature of 13-16°C. Syrah can also be served as a beverage without food. However, it is best enjoyed at a temperature of 15-20°C. Zinfandel is also ideal to drink alone. But the red wine is preferably enjoyed at a temperature of 13-16°C.
Red wine can be used as an ingredient while marinating foods. The acidic nature of red wine helps to tenderize meat, enhancing the texture and flavor. This is especially great when preparing red meat dishes.
Red wine can be used to prepare sauce. It is mainly used to make reduction sauces that accompany meats. When simmered, red wine reduces to a thick, concentrated sauce that is great for enhancing the taste of a dish.
Red wine is ideal when used to prepare stews and braises. Wine is commonly added to stews and braises such as Beef Bourguignon. It is used to cook the meat slowly, allowing the flavors to meld together for a richer taste.
Whether simmered into sauces or used in marinades, red wine is often incorporated into savory cooking recipes to add flavor and tenderize meats, especially red meats. Because of its acidity, red wine helps to break down meat fibers for a better texture and taste.
Some benefits of red wine include:
Red wine is commonly known to have a higher antioxidant content compared to other wines. This is due to the grape seeds and skins used to produce the wine. It means it also contains resveratrol, which is an antioxidant that helps the body fight off free radicals. This helps prevent cell damage, reducing the chances of getting chronic diseases. It also contains flavonoids and phenolic acids, which are additional antioxidants that protect the body against oxidative stress.
Red wine is also known to support heart health. This is mostly attributed to its alkalinity. It is also believed that the grapeseed extracts help support circulation and blood flow, which helps keep the heart healthy. This is further supported by flavonoids that help maintain arteries. The wine also contains less sugar than other wines, which helps prevent increases in blood sugar levels associated with heart diseases.
Drinking red wine in moderation is known to promote longer life. Studies have shown that people who consume red wine moderately have a reduced chance of getting heart-related diseases. This is because wine contains resveratrol, which has been associated with lifespan increase. Because red wine contains antioxidants, it helps reduce the risk of chronic diseases, which are responsible for reducing life expectancy.
Taking red wine also improves mental health. This is mainly because it contains polyphenols that help to protect brain cells. It also helps to prevent or delay the onset of neurodegenerative diseases such as Alzheimer’s and dementia. Resveratrol may improve blood flow to the brain, which may enhance cognition and reduce the risk of cognitive decline as one ages.
Storing red wine properly helps to preserve its taste, aroma, and overall quality. Makes it possible for the customer to get value for their money as well as have an enjoyable experience. Below are some tips an importer can use to store red wine:
Storing red wine at the right temperature is important for the wine's development and preservation. Wines should ideally be stored at a consistent temperature of about 12-15°C. The particular temperature will depend on the type of wine. Store cheapold red wine at a higher temperature, around 15-18°C, while fine wines should be stored at around 12°C. Red wine shouldn't be stored in the refrigerator since it's too cold.
Wine is aged to allow the flavors to develop and become more integrated and smoother. This is mostly done to high-quality red wine. Store the wine in a cool and dark place where the temperature is stable to avoid spoilage. Ideal conditions of humidity of around 70% should be maintained to keep corks moisturized.
Avoiding light exposure is essential since light can break down the wine's chemical compounds responsible for its taste and aroma. This is better for red wines that are often in darker bottles. Store the wine in a dark room, or use a lightproof container.
Storing red wine horizontally keeps the cork moist. This prevents air from entering the bottle and spoiling the wine. Ensure the bottles are placed on a stable surface that doesn’t vibrate to avoid disruption of the wine sediments.
Aging red wine increases its value and quality. During aging, the wine undergoes chemical reactions that allow flavors to meld and tannins to soften. This lets the wine develop complexity and a smoother taste. High-end wines improve significantly over time, increasing their market value.
Managing interruptions in storage is key. Ensure storage conditions remain consistently optimal throughout the transportation process to preserve wine quality.
Old red wine is safe to use in cooking. However, it might not give the desired taste since it loses its aroma and flavor.
Red wine is used in food recipes and marinades. It is also used to make vinegar and is a key ingredient in certain cocktails.
Taking red wine in the evening can help improve sleep quality. This is due to its melatonin content, which regulates sleep cycles.
Storing red wine properly helps preserve its quality, and aging can enhance its value by allowing flavors to develop over time.
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