Global Non-Alcoholic Wine Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Non-Alcoholic Wine Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Non-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.

Non-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 Non-Alcoholic Wine market finds that the global Non-Alcoholic Wine market reached a value of USD 1469.15 million in 2022. It’s expected that the market will achieve USD 4546.76 million by 2028, exhibiting a CAGR of 20.72% during the forecast period.

Influence of COVID-19 Outbreak on Non-Alcoholic Wine Industry Development

Due to the particularity of the epidemic, governments of various countries have issued policies to restrict transportation. It is required to minimize travel, avoid crowds and reduce the spread of diseases. Different countries have different policies, cross-border trade is restricted, and national control over import and export products becomes stricter, which increases the time of goods transportation. These measures make it more difficult to transport goods, especially import and export products. Many modes of transportation have been affected and some modes of transportation have been canceled. The seller can only change the mode of transportation and shorten the transportation time as much as possible. For example, some sellers change railway transportation to air transportation, and the price of air transportation is about 4-5 times that of railway, which increases the cost of cargo transportation. Sellers will naturally increase the price of goods, and the increase in price may reduce the demand of customers, thus affecting sales and affecting the Non-Alcoholic Wine industry.

Drivers

The growing awareness of people's health will drive the demand for Non-Alcoholic Wine.
Regular drinking is very harmful to health. Longterm drinking will slow down Days and Nights in Wuhan's reaction, reduce his memory, and damage the gastrointestinal tract, which can cause chronic gastritis and gastric ulcer. Excessive intake of alcohol will also damage liver function. The increase in alcohol intake leads to various health problems, including those related to the heart and kidneys, which leads to a large number of people abstaining from drinking. Therefore, the demand for Non-Alcoholic Wine will be greatly increased.

In addition, the extensive measures taken by various health care professionals to reduce the world's alcohol consumption are expected to strongly promote the development of the NonAlcoholic Wine market. As the high intake of alcoholic beverages leads to an increase in the prevalence of cardiovascular diseases among young and old people, manufacturers are forced to create Non-Alcoholic Wine to increase their market share. Therefore, with people's attention to health, the Non-Alcoholic Wine market has also developed.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

Giesen is one of the major players operating in the Non-Alcoholic Wine market, holding a share of 4.40% in 2022.

Freixenet is one of the major companies in the Spanish wine industry and a world leader in brewing high-quality sparkling wine according to traditional methods. Freixenet's areas of focus: kava wine and wine production, sparkling wine and so on.

Trinchero Family Estates was founded in 1948, and owns several wine and spirits brands. Trinchero Family Estates focuses on winemaking, wine education, high-quality wine and so on.

Segmentation Overview:

Among different product types, Alcohol Free segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Supermarkets segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Non-Alcoholic Wine market covered in Chapter 3:

Castel Frères
Gruvi
Freixenet
Trinchero Family Estates
Codorniu
Intercontinental Distillers Limited
Astoria wines
Giesen
Ariel Vineyards
St-Regis Wines
McGuigan
Stella Rosa© Wines
Waterbrook

In Chapter 4 and Chapter 14.2, on the basis of types, the Non-Alcoholic Wine market from 2018 to 2029 is primarily split into:

Alcohol Free
Low Alcohol

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Non-Alcoholic Wine market from 2018 to 2029 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 (2018-2029) 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)