250 Pages Alcohol-Free Wine Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider
The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.
The report offers actionable and valuable market insights of Alcohol-Free Wine. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Alcohol-Free Wine Market across various industries and regions.
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Latest industry report on the non-alcoholic wine market by Fact.MR estimates sales to account for more than US$ 1.6 Bn in 2021. This market is expected to balloon at a CAGR 10.4% to top a valuation of US$ 4.5 Bn by the year 2031.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Alcohol-Free Wine market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Alcohol-Free Wine
This newly published and insightful report sheds light on Market Insights of Alcohol-Free Wine, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Alcohol-Free Wine Market.
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“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
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.
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Key Question answered in the survey of Alcohol-Free Wine market report:
More Valuable Insights on Alcohol-Free Wine Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Alcohol-Free Wine, Sales and Demand of Alcohol-Free Wine, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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