Demand for Sparkling Non-Alcoholic Wine Is Projected to Grow at an Impressive CAGR of over 7% During the Forecast Period

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.

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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.

“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

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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

Global Non-Alcoholic Wine Market: Segmentation

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

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Following Questions Answers Covered in the Report are:

How will the global Non-Alcoholic Wine Market perform during the forecast period? What will be the market size in terms of value and volume?

Which segment will drive the global Non-Alcoholic Wine Market? Which regional market will show extensive growth in the future? What are the reasons?

How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?

What are the key strategies adopted by players to sustain themselves in the global Non-Alcoholic Wine Market?

How will these strategies influence the market growth and competition?

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)
Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)

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The Report Covers Exhaustive Analysis On:

Market Segments
Market Dynamics
Market Size & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

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.

Find More Valuable Insights on the Market

Fact.MR, in its new offering, provides an unbiased analysis of the global market for non-alcoholic wine, with historical data on demand (2014-2018) and expected projections for the period 2019-2029. The report discloses compelling insights into the demand for non-alcoholic wine on product type (still wine, sparkling wine), packaging (bottles, cans), alcohol concentration (alcohol free (0.0% ABV), low alcohol (1.2% ABV or less)), distribution channel (liquor stores, convenience stores, supermarkets, online stores, restaurants & bars, travel retail, tasting rooms) across several major regions.

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