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Non-alcoholic wine is a type of wine that has little or no alcohol content, usually less than 0.5% alcohol by volume (ABV). It is made using the same grapes and wine-making techniques as traditional wine, but with the alcohol removed or reduced through various methods. The global non-alcoholic wine market has been growing steadily in recent years, driven by the increasing demand for healthy and low-alcohol beverages. The global non-alcoholic wine market size was valued at USD 2.7 billion in 2020 and is expected to reach USD 4.2 billion by 2028, growing at a CAGR of 5.6% during the forecast period.
The growth of the non-alcoholic wine market can be attributed to several factors, including the increasing awareness about the harmful effects of alcohol consumption, the growing demand for healthier beverage options, and the rise of the sober-curious and non-drinking culture. Some of the key players in the non-alcoholic wine market include Ariel Vineyards, Sutter Home Fre, Carl Jung Winery, Natureo, and Élivo Zero Zero, among others. These companies offer a range of non-alcoholic wine products, including red, white, and sparkling wines, as well as various flavors and blends.
Overall, the non-alcoholic wine market is expected to continue to grow in the coming years, driven by the increasing demand for healthier and low-alcohol beverage options and the ongoing development of new and innovative non-alcoholic wine products.
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Key findings of the Non-Alcoholic Wine market study:
- The report provides a present market outlook on Non-Alcoholic Wine. Additionally, the Non-Alcoholic Wine market share is anticipated to grow with a CAGR of 10% in the forecast period.
- Regional breakdown of the Non-Alcoholic Wine market based on predefined taxonomy.
- Innovative manufacturing processes implemented by Non-Alcoholic Wine vendors in detail.
- Region-wise and country-wise fragmentation of the Non-Alcoholic Wine market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global Non-Alcoholic Wine market.
- Non-Alcoholic Wine price, market share, and Trends forecast for assessment period 2023-2033
Key Segments Covered in Non-Alcoholic Wine Industry Research
· By Product :
- Still Non-Alcoholic Wine
- Sparkling Non-Alcoholic Wine
· By Alcohol Concentration :
· By Packaging :
· By Sales Channel :
- Liquor Stores
- Restaurants & Bars
- Online Stores
- Tasting Rooms
· By Region :
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
The Non-Alcoholic Wine industry is dominated by some prominent players including
- Ariel Vineyards
- Pierre Chavin
- Treasury Wine Estates
- Sutter Home Winery
- Navarro Vineyards and Winery
- Chateau Diana Winery
- Hill Street Beverage Company Inc.
- Thomson and Scott
- Schloss Wachenheim AG
- Australian Vintage Limited
The competition in the sector is driven by key parameters such as product price, targeted customer base, and strategic marketing. Major players in the market focused on the Non-Alcoholic Wine market innovation by investing more in research and development. Furthermore, the industry players are focusing on the extensive usage of online distribution channels for enhanced cost-effectiveness. The sustainability in the supply chain is a decisive factor for Non-Alcoholic Wine brands leading to an impact on the margin profits of firms.
Report Benefits & Key Questions Answered
- Non-Alcoholic Wine Company & brand share analysis: Company and brand share analysis on Non-Alcoholic Wine reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players
- Non-Alcoholic Wine Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Non-Alcoholic Wine
- Non-Alcoholic Wine Category & segment level analysis: Fact.MR’s Non-Alcoholic Wine sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify sales potential and set sales targets at local, country, and regional level.
- Non-Alcoholic Wine Consumption by demographics: The market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers
- Post COVID consumer spending on Non-Alcoholic Wine: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior
- Manufacturing trend analysis: Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments