Sales Of Non-Alcoholic Wine Is Expected To Balloon At A CAGR 10.4% To Top A Valuation Of Us$ 4.5 Bn By 2031
– The U.S. is estimated to account for more than 83% of the North American market, supported by growing number of mindful drinkers in the country. – China is estimated to account for 47.6% of the East Asian market share, driven by a strong supply chain. – Italy is one of the potential markets in Europe, accounting for 15.2% of the value share, owing to high consumption wine and wine products.
– Miguel Torres S.A – DGB (Pty) Ltd. – Navarro Vineyard – Bodega La Tautila – Grüvi – Chateau Diana Winery – Hill Street Beverage Company Inc. – Ariel Vineyard – Neobulles SA
“Introduction of a broad range of novel non-alcoholic wine products and increasing emphasis on health benefits associated with mindful drinking are estimated to boost market growth over the decade” said a lead analyst at Fact.MR.