Alcohol Free Wine Market s estimated to Grow at an Impressive CAGR of over 7% During the Forecast Period (2019-2027)

Sales of Non-Alcoholic Wine Soar with Evolving Consumer Perceptions

The global non-alcoholic wine market is estimated to grow at an impressive CAGR of over 7% during the forecast period (2019-2027) and is projected to reach a value pool of over US$ 10 Bn. With increasing demand for healthier variants of alcoholic beverages, the wine industry is undergoing a transition. Compared to conventional wine, low and non-alcoholic wine is soaring on popularity owing to growing consumer awareness about the several health risks associated with alcoholic beverages.

Global Non-Alcoholic Wine Market – Scope of the Report

The following report provides forecast and analysis of the global non-alcoholic wine market along with the historical data of 2013, estimated data 2019 and forecast data up to 2027 in terms of value (US$ Mn) and volume (decalitre), according to a Fact.MR study. The research propounds critical trends that are currently influencing growth within the global non-alcoholic wine market along with several macro-economic indicators. This newly published and insightful report on non-alcoholic wine sheds light on key dynamics, and their impact on the overall value chain from suppliers to end-users, which are expected to transform the future of the global non-alcoholic wine market.

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The report also comprises the study of current issues with end users and opportunities for non-alcoholic wine. It also contains value chain analysis, including the key market participants. To provide users of this report with a comprehensive view of the market, we have included a detailed competitive analysis about the key players involved in the market and strategic overviews. The dashboard included in the report provides a detailed comparison of non-alcoholic wine manufacturers on parameters such as total revenue, product offerings, and key strategies. A list of key companies operating in the non-alcoholic wine market provided in the report adds to the credibility of this exhaustive research study.

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.

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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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Country-specific assessment on demand for non-alcoholic wine has been provided for each regional market, along with the market size valuation and forecast price point assessment, price index and impact analysis of key regional and country-wise dynamics, which were obtained through quotes from numerous non-alcoholic wine manufacturers, experts, and suppliers. Y-o-Y growth projections have also been offered on all regional markets incorporated in the report. Moreover, future trends, growth prospects, and other possibilities related to the market have been answered in the report.

The report provides company-level market share analysis, which has been derived on the basis of the company’s annual sales and segmental revenue in all the target end-use industries. The market has been forecasted based on constant currency rates. The report provides detailed competitive and company profiles of key participants operating in the global non-alcoholic wine market. Some of the major competitors operating in the non-alcoholic wine market are  E & J Gallo Winery, Treasury Wine Estate, Castel Frères and McGuigan and others.

For More Insights:  http://www.globenewswire.com/en/news-release/2020/03/12/1999606/0/en/E-tailing-Trend-Shaping-Non-alcoholic-Wine-Market-Europe-Generates-2-5th-of-Demand-Reports-Fact-MR.html

Global Non-Alcoholic Wine Market: Research Methodology

A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, Morningstar and Hoovers, and company annual reports and publications. Comprehensive interviews have been conducted by our analysts, and the intelligence and insights obtained have been used for validating the information gained through secondary research. The report also includes a description of assumptions and acronyms utilized for research purposes. Data gathered has been validated using the triangulation method to offer useful quantitative and qualitative insights in the non-alcoholic wine market.

A short market viewpoint offered in the report elucidates the macro-economic aspects that influence the growth of the non-alcoholic wine market, which includes global GDP growth rate, various industries growth rate, such as food & beverages, e-commerce and HoReCa. This report serves as an authentic resource of intelligence on the non-alcoholic wine market, enabling the readers to take fact-based decisions on the future direction of their businesses.

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