Sparkling Non-Alcoholic Wine Recent Developments & Emerging Trends To 2027

Global Food Industry Current Scenario and Outlook

The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.

The report offers actionable and valuable market insights of Sparkling Non-Alcoholic Wine. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Sparkling Non-Alcoholic Wine Market across various industries and regions.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Sparkling Non-Alcoholic Wine market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Sparkling Non-Alcoholic Wine

This newly published and insightful report sheds light on Market Insights of Sparkling Non-Alcoholic Wine, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Sparkling Non-Alcoholic Wine Market.

Surpassing a valuation of more than US$ 10 billion, the non-alcoholic wine market is projected to grow at an impressive CAGR of over 7% during the forecast period. The beverage industry is undergoing a transformation with the rise of ‘healthier’ categories of non-alcoholic beverage variants such as non-alcoholic wine.

Compared to traditional wine, low and non-alcoholic wine is soaring on popularity owing to the development of non-alcoholic wine which has more flavor, depth and sophistication and caters to a large segment of the population. Consumption of non-alcoholic wine and other beverages is increasingly becoming one of the mainstream trends which is shaping the global beverage industry. The convergence of these patterns is underpinning the exponential growth for the non-alcoholic wine market over the forecast period.

Key Takeaways of Non-Alcoholic Wine Market Study
Europe leads the non-alcoholic wine market, holding shares more than 40% in 2018. The wine markets in Europe are well established with Italy and France having the highest per capita consumption of over 35 liters per person per year
Although volume and value growth are modest in Europe, North America is anticipated to be the most important non-alcoholic wine market in the world with a growth rate of over 8%

In 2018, the alcohol-free segment comprised more than 50% of the total share of the industry. Increasing adoption of these products as a form of sports drink has enhanced industry growth, especially among athletes

Supermarkets represented more than 20% of the total beer market. With several innovative ways to boost consumer spending on non-alcoholic wines, supermarket chains are thriving on increasing sales

The online stores segment is projected to grow at the highest growth rate of over 9% between 2019 and 2027. Inclination under the category of non-alcoholic wine to e-commerce and e-tailing is bringing about shifts in customer buying experience

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“Over the past decade the market share of non-alcoholic wine has grown significantly with increasing preference for low liquor content drinks. The ever-growing trend towards health awareness and wellbeing is positioning non-alcoholic wine as one of the biggest product categories in beverages” says the Fact.MR analyst

Leading Wine Houses to Gain Robust Operating Margins
The global market for non-alcoholic wine is consolidated in nature with the existence of a few international companies and regional players operating globally. Some of the key players in the global non-alcoholic wine market are E & J Gallo Winery, Treasury Wine Estate, Castel Frères and McGuigan.

Many alcohol manufacturers have moved their main focus from alcoholic beverages to low & non-alcoholic beverages to boost profitability margins due to zero tax policies on non-alcoholic beverages. Strategic alliances, new product releases, expansion of product portfolio and mergers & acquisitions are among the main strategies embraced by industry players to increase their share.

Global Non-Alcoholic Wine Market: In-Depth Assessment on Key Segments
The global non-alcoholic wine market is segmented on the basis of product type, packaging, alcohol concentration, distribution channel and region.

Product Type

Still Wine
Sparkling Wine
Packaging

Bottles
Cans
Alcohol Concentration

Alcohol-Free
Low Alcohol
Distribution Channel

Liquor Stores
Convenience Stores
Supermarkets
Online Stores
Restaurant & Bars
Travel Retail
Tasting Rooms
Region

North America
Latin America
Europe
APAC
MEA

This taxonomy and the detailed TOC prepared are confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.

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Fact.MR, in its new report, offers an unbiased Market Analysis of Sparkling Non-Alcoholic Wine, Sales and Demand of Sparkling Non-Alcoholic Wine, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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