Global demand for non-alcoholic wine is predicted to increase at a 10% CAGR, between 2023 and 2033. The global non-alcoholic wine market is currently worth $2 billion and is expected to grow to $5.2 billion by 2033.
The non-alcoholic wine market has witnessed a significant transformation in recent years, reflecting changing consumer preferences and a growing health-conscious mindset. This sector, once a niche market, has expanded its reach globally, offering a diverse range of non-alcoholic wine options to cater to a broader audience. Understanding the dynamics of this market requires a comprehensive overview that delves into the key players, production processes, and the factors driving the increasing demand for alcohol-free wine alternatives.
Non-alcoholic Wine Market: Key Takeaways
- Consumption of alcohol-free wine as sports drink is witnessing increasing adoption among athletes.
- Europe accounts for 40% share in global non-alcoholic wine market owing to well-established wine markets.
- North America will be a significant growth contributor of non-alcoholic wine market.
- Online stores continue to be preferred distribution channel for non-alcoholic wine.
List of Key Companies Profiled in The Report
- Ariel Vineyards
- Pierre Chavin
- Neobulles
- Proteau
- Treasury Wine Estates
- Sutter Home Winery
- Navarro Vineyards and Winery
- Chateau Diana Winery
- Hill Street Beverage Company Inc.
- Thomson and Scott
- Others
Key Driving Factors
- Non-alcoholic wine continues to be a popular beverage category in light of rising health and wellbeing trends.
- High per capita consumption of consumers in developed countries is propelling the demand for non-alcoholic wine.
- Rise of e-tailing and ecommerce is contributing to the sales of non-alcoholic wine.
- Escalating investments in supermarket chains is projected to inflate the non-alcoholic wine sales.
Key Constraints
- Availability of other non-alcoholic beverages such as non-alcoholic beer is hampering the market growth.
- Consumers’ apprehensions regarding the health benefits of non-alcoholic wine is a major roadblock to market growth.
Competitive Landscape
Key players profiled in this Fact.MR study include, but are not limited to, Castel Frères, E & J Gallo Winery, McGuigan, and Treasury Wine Estate. Leading wine houses are diversifying their product portfolio by launching non-alcoholic beverages. This move continues to boost their profitability margins throughout the forecast period.
Key Segments Covered in Non-Alcoholic Wine Industry Research
- By Product :
- Still Non-Alcoholic Wine
- Sparkling Non-Alcoholic Wine
- By Alcohol Concentration :
- Alcohol-Free
- Low-Alcohol
- By Packaging :
- Bottles
- Cans
- By Sales Channel :
- Liquor Stores
- Restaurants & Bars
- Online Stores
- Supermarkets
- Tasting Rooms
- By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
The non-alcoholic wine market represents a dynamic and evolving segment within the beverage industry. From its comprehensive overview to insights, growth drivers, opportunities, trends, and notable developments, this article aims to provide a holistic understanding of the non-alcoholic wine market. As consumer preferences continue to shift towards healthier and alcohol-free alternatives, businesses within this sector have the opportunity to tap into a growing market and shape the future of non-alcoholic wine consumption.
