From 2023 to 2033, global demand for non-alcoholic wine is expected to grow at a CAGR of 10%. The global non-alcoholic wine market is currently worth US$ 2 billion and is expected to grow to US$ 5.2 billion by 2033. Over the next ten years, consumption of alcohol-free wine is expected to increase at a CAGR of 11%. In general, alcohol-free wine outperforms low-alcohol wine. The poor performance of the traditional lower-alcohol wine market in high-volume regions contributed to the decline in demand for low-alcohol wine.
Non-alcoholic wine contains little or no alcohol. Alcohol-free wine has the same flavor and structure as alcoholic wine, as well as a similar aroma, but it is free of alcohol, making it appealing to a wider range of health-conscious consumers. Non-alcoholic wine is made in the same way as alcoholic wine, with the exception that alcoholization technology is used to remove the alcohol content.
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The examiners have utilized various vast conspicuous business knowledge devices to unite realities, figures, and market information into income assessments and projections in the Market.
Key partners in Market including industry players, policymakers, and financial backers in different nations have been persistently realigning their systems and ways to deal with carry out them to take advantage of new open doors. Numerous lately have updated their procedures to stay coordinated in the setting of overall disturbances brought about by the COVID-19 pandemic.
Market Segments Covered in Non-Alcoholic Wine Industry Research
- By Product Type
- Still Non-Alcoholic Wine
- Sparkling Non-Alcoholic Wine
- By Alcohol Concentration
- Alcohol-free (0.0% ABV)
- Low-alcohol (Up to 1.2% ABV)
- By Packaging
- Non-Alcoholic Wine Bottles
- Non-Alcoholic Wine Cans
- By Sales Channel
- Non-Alcoholic Wine Sold at Liquor Stores
- Non-Alcoholic Wine Sold at Restaurants & Bars
- Non-Alcoholic Wine Sold through Online Stores
- Non-Alcoholic Wine Sold at Supermarkets
- Non-Alcoholic Wine Sold at Travel Retails
- Non-Alcoholic Wine Sold at Tasting Rooms
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What Do You Get in a Fact.MR Study?
- Factors affecting the overall development of the global Non-Alcoholic Wine Market
- Factor that might restrain the growth of the global market in the coming years of the forecast period.
- What is present competitive scenario of the global Non-Alcoholic Wine Market and its intricate details concerning potential business prospects of leading market players
- Pricing strategies of several different market players in the global Non-Alcoholic Wine Market
Market Players :-
- Schloss Wachenheim
- Australian Vintage Limited
- Treasury Wine Estate
- Sutter Home Wine Estate
- Miguel Torres S.A
- DGB (Pty) Ltd.
- Navarro Vineyards
- Bodega La Tautila
- Grüvi
- Chateau Diana Winery
- Hill Street Beverage Company Inc.
- Ariel Vineyards
- Neobulles SA
- Thomson and Scott
- Giacobazzi A.e Figli srl
- Pierre Chavin
- Weingut Leitz KG
- San Antonio Winery (Stella Rosa)
- Proteau
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
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The data provided in the Non-Alcoholic Wine Market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.
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