Global No- and Low-Alcoholic Wine Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030
No- and Low-Alcoholic Wine is produced from wine that has been fermented with yeasts and has undergone a vinification process, then goes through an additional process of having the alcohol removed.
No- and Low-Alcoholic Wine starts off as regular wine. In order to remove the alcohol, wineries filter it, centrifuge it through a fancy machine, or burn off the alcohol like you would in cooking. To compensate for the loss in flavor caused by the high temperatures, they normally add back in fruit juice or flavor additives.
Market Overview:The latest research study on the global No- and Low-Alcoholic Wine market finds that the global No- and Low-Alcoholic Wine market reached a value of USD 1499.54 million in 2023. It’s expected that the market will achieve USD 5096.94 million by 2029, exhibiting a CAGR of 22.62% during the forecast period.
Riboli Family Wines Acquires Jada Vineyard & Winery in Paso Robles
Dec 21, 2021
Riboli Family Wines has announced the acquisition of Jada Vineyard & Winery in Paso Robles, California for an undisclosed amount. Located in the Willow Creek District, Jada is known for top quality Rhone and Bordeaux style red and white wines. This acquisition will join the Riboli Estates Group division of the company; it intends to continue Jada Winery’s longstanding tradition of producing small lot, carefully crafted, premium wines. One of Jada’s flagship Cabernet Sauvignons, Passing By, was recently named a top 100 Wine for 2021 by critic Jeb Dunnuck.
Riboli Family Wines, a family-owned company since 1917, celebrates over a century crafting award-winning wines. Wine Enthusiasts’ 2018 American Winery of the Year, Riboli Family Wines includes Riboli Estates Group – a portfolio of estate-based brands sourced from the family’s 1,300 acres of sustainably farmed vineyards in Paso Robles, Monterey, and Napa Valley – as well as Stella Rosa®, the #1 selling 750ml wine brand. With a natural affinity for creativity and innovation, the third and fourth generations of the Riboli family continue to lead the industry and push the boundaries of winemaking and the wine drinking experience.
Jada Vineyard was founded in 1999. The goal was to establish a small, sustainable estate vineyard that would produce world-class Rhone and Bordeaux wines. Jada is now counted as one of the leading premium winegrowers and producers in Paso Robles. Today, the Riboli Family, continues this pioneering tradition and ambition to produce only the best organically farmed, estate wines.
No- and Low-Alcoholic Wine is good for human health
Affected by the epidemic, people pay more attention to health than before. Wines with no or lower alcohol content are considered healthier options. The fermentation process in No- and Low-Alcoholic Wine involves sugar. When the alcohol is removed, the calories are reduced. Therefore, No- and Low-Alcoholic Wine contains fewer calories than traditional wine. No- and Low-Alcoholic Wine may have the ability to lower blood pressure, according to a Harvard study. It does this by increasing levels of nitric oxide. In this study, men drank different types of alcohol over four weeks. When men drank red wine, their systolic blood pressure was significantly lower. Research shows that No- and Low-Alcoholic Wine may even help reduce the risk of heart disease by 14% and reduce the risk of stroke by up to 20%. The opposite is true for conventional wine, which has been shown to raise blood pressure. These studies show that No- and Low-Alcoholic Wine is beneficial to human health, which is catering to people's increasing health awareness and consumption habits focusing on healthy eating, driving the market growth.
In the no- and low-alcohol space, taste is a challenge for wine
A survey of more than 16,000 respondents conducted by market research firm Wine Intelligence and published by Italian publication Wine World Magazine revealed that nearly half of wine drinkers reject No- and Low- Alcoholic Wine. Participants in the study came from around the world, including European countries such as Germany and Denmark, as well as Australia, Canada, the United States, Brazil, Japan and Singapore. 27% of respondents said the biggest reason people don't buy low-alcohol wine is taste, while 21% said these drinks are of lower quality than regular wine... This consumer research shows that poor taste and perceived quality are the main reasons for not purchasing no- and low-alcohol wine. Because replicating the taste and tingling sensation of alcohol can be challenging, especially with wine substitutes. Finding blends that mimic these complex flavors can be a lengthy process of trial and error. Therefore, taste is an ongoing challenge for the No- and Low-Alcoholic Wine market.
Region Overview:In 2022, the share of the No- and Low-Alcoholic Wine market in United States stood at 21.47%.
Geographically, Europe held the largest market share – 53.44% in 2022.Company Overview:Freixenet is one of the major players operating in the No- and Low-Alcoholic Wine market, holding a share of 6.04% in 2023.
Freixenet, Giesen, Stella Rosa Wines, Trinchero Family Estates and Castel Frères are the five key players in the global No- and Low-Alcoholic Wine market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global No- and Low-Alcoholic Wine market in the past 5 years.
Segmentation Overview:Among different product types, Low-Alcoholic segment is anticipated to contribute the largest market share in 2028.
As for product types, the Low-Alcoholic segment held the largest market share in 2022.
Application Overview:By application, the Liquor Stores segment occupied the biggest share from 2018 to 2022.
The market's largest segment by application is the segment Liquor Stores, with a market share of 42.12% in 2022.
Key Companies in the global No- and Low-Alcoholic Wine market covered in Chapter 3:McGuigan
Ariel Vineyards
Stella Rosa Wines
Waterbrook
Codorniu
Castel Frères
Gruvi
Freixenet
Trinchero Family Estates
St-Regis Wines
Astoria wines
Intercontinental Distillers Limited
Giesen
In Chapter 4 and Chapter 14.2, on the basis of types, the No- and Low-Alcoholic Wine market from 2019 to 2030 is primarily split into:No-Alcoholic
Low-Alcoholic
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the No- and Low-Alcoholic Wine market from 2019 to 2030 covers:Liquor Stores
Convenience Stores
Supermarkets
Online Stores
Restaurants
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)