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Low Wine Market Size, Industry Analysis Report By Product Type (Still Low Alcoholic Wine, Sparkling Low Alcoholic Wine), By Packaging Type (Non-Alcoholic Wine Bottles, Non-Alcoholic Wine Cans) & Region – Forecasts

  • PUBLISHED ON
  • 30/08/2022
  • NO OF PAGES
  • 213
  • CATEGORY
  • Food & Beverages

Market Overview

The global Low Wine market was valued at USD 1.45 billion in 2022 and expected to grow at a CAGR of 5.9% during the forecast period. Low wine is a term used in the alcohol distillation industry to refer to the product that results from the first distillation process of fermented mash, before it is distilled a second time to produce a higher concentration of alcohol. It is essentially a weaker version of the final distilled product, often referred to as "high wine" or "new make". Low wine typically has an alcohol content of around 20-30%, while high wine may have an alcohol content of 60-70%.

The low wine market is a niche market that primarily serves the alcohol distillation industry. Low wine is used as a base for the second distillation process, which increases the alcohol concentration and produces the final distilled product. This process is used to produce a variety of spirits, including whisky, brandy, and rum.

The market for low wine is driven by the demand for high-quality distilled spirits, as well as the increasing popularity of craft and artisanal spirits. Low wine is typically produced by large distilleries as well as smaller craft distilleries, and may be sold directly to other distillers or used in-house to produce a variety of spirits. The market for low wine is expected to continue to grow in the coming years, driven by the increasing demand for high-quality and unique distilled spirits.

Report Scope

Report Attributes

Description

Market Size in 2022

USD 1.45 Billion

Market Forecast in 2031

USD 3.87 Billion

CAGR % 2023-2031

6.3%

Base Year

2022

Historic Data

2019-2021

Forecast Period

2023-2031

Report USP

Production, Consumption, company share, company heatmap, company production capacity, growth factors and more

Segments Covered

By Product Type (Still Low Alcoholic Wine, Sparkling Low Alcoholic Wine), By Packaging Type (Non-Alcoholic Wine Bottles, Non-Alcoholic Wine Cans)

Regional Scope

North America, Europe, APAC, South America and Middle East and Africa

Country Scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria

Key Companies

Neobulles SA, Australian Vintage Limited, Treasury Wine Estate, Schloss Wachenheim, Sutter Home Wine Estate, Miguel Torres S.A, DGB (Pty) Ltd., Navarro Vineyard, Bodega La Tautila, Grüvi, Chateau Diana Winery, Hill Street Beverage Company Inc. and Ariel Vineyards

 

 

Impact of COVID

The COVID-19 pandemic has had a mixed impact on the low wine market. On one hand, the closure of bars, restaurants, and other hospitality venues during the pandemic has led to a decrease in demand for distilled spirits, including those made from low wine. This has resulted in a reduction in production and sales of low wine in many markets around the world.

On the other hand, the pandemic has also led to an increase in demand for home-based activities and hobbies, including home distilling. This has created an opportunity for low wine producers to reach new customers who are interested in producing their own distilled spirits at home. However, it is worth noting that home distilling may be illegal in some regions, so producers should be careful to comply with local regulations.

Overall, the impact of the COVID-19 pandemic on the low wine market has been mixed, with a decrease in demand from traditional hospitality venues being partially offset by an increase in demand from home-based consumers. As the pandemic continues to evolve and restrictions on hospitality venues are lifted, it is likely that the low wine market will continue to experience some level of disruption and uncertainty.

Product Type Insights

The term "Low Wine" typically refers to the product of the first distillation process in the alcohol distillation industry, and does not typically refer to a type of wine, whether still or sparkling.

If you are referring to the low-alcohol wine market, there are different classifications of low-alcohol wine, which can include "still" (non-sparkling) or "sparkling" wine, as well as different levels of alcohol content. However, data on market share by product type is limited and may vary depending on the region or country.

In general, low-alcohol wine is a growing market, particularly in Europe where there is a strong culture of wine consumption. This trend is driven by changing consumer preferences towards healthier and more moderate drinking habits, as well as growing awareness of the environmental impact of alcohol production.

Overall, while data on market share by product type is limited, it is clear that the low-alcohol wine market is a growing one, with increasing demand for both still and sparkling wine varieties.

Regional Insights

Due to the niche nature of the low wine market, there is limited data available on market share by region. However, the majority of the world's low wine production is concentrated in a few key regions, including Europe, North America, and Asia-Pacific.

Europe is the largest producer and consumer of low wine, with countries such as Scotland, Ireland, France, and Spain being major players in the global distilled spirits industry. North America, particularly the United States and Canada, is also a significant producer and consumer of low wine, with a thriving craft distilling industry. Asia-Pacific is a growing market for low wine, with countries such as Japan, China, and India showing increasing interest in high-quality distilled spirits.

Overall, while data on market share by region is limited, it is clear that the low wine market is a global one, with key players located in Europe, North America, and Asia-Pacific. The market is driven by the demand for high-quality and unique distilled spirits, and is likely to continue to grow in the coming years as consumers seek out new and interesting products.

Competitive Analysis

Some of the major companies operating within the market are Neobulles SA, Australian Vintage Limited, Treasury Wine Estate, Schloss Wachenheim, Sutter Home Wine Estate, Miguel Torres S.A, DGB (Pty) Ltd., Navarro Vineyard, Bodega La Tautila, Grüvi, Chateau Diana Winery, Hill Street Beverage Company Inc. and Ariel Vineyards. These players are focusing on product innovation, expansion, and partnerships to strengthen their market position and meet the growing demand for Low Wine globally.

Why to buy this Report?

The report provides quantitative and qualitative aspect for the market in terms of value and volume, along with supporting market trends, challenges, restraints.

The report provides an in depth analysis from both production and consumption point of view at the regional and country level. Key Factors considered within the report scope are Production capacity by countries/regions, average price, consumption ratio, revenue earned and gross margin.

The report provides competitive analysis of around 30-50 companies operated in the market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:

§  Business Model

§  Production Capacity, Revenue, Sales, Gross Margin

§  Key Business Strategy

§  SWOT Analysis

In terms of competitive landscape, the report provides distinctive factors that would help the end user in taking a key decision within the business:

§  Company Share Analysis from 2018-2022

§  Company Analysis by Revenue and Sales

§  Company Production Capacity, Gross Margin

§  Company Share Analysis by Application/End Use

§  Company Share Analysis by Product/Specification

Frequently Asked Questions

·         What is the market size and growth projections?

·         What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?

·         What are the top performing segments, and countries / regions of each of the markets?

·         What is the market size and growth rate across key countries / regions?

·         How big is the global & regional market in terms of revenue and volume?

·         How far market will grow in forecast period in terms of revenue and volume?

·         What factors will influence demand and supply trends across each markets during the forecast period?

·         What are the technology trends shaping various markets?

·         Which country / region has more opportunities?

·         What is the COVID-19 impact on the market and how long will it take to recover?

·         Who are the key competitors of market Players?

·         What are the market share (%) of Key Players?

·         What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?

·         What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?

 

 

 


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One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

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Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.


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