Europe Vegan Wines Market Size was valued at USD XX Billion in 2022. The vegan wines market industry is projected to grow from USD XX Billion in 2023 to USD XX Billion by 2032, exhibiting a compound annual growth rate (CAGR) of XX% during the forecast period (2023 - 2032). There is a wide range of vegan wines available from various European locations, including red, white, and sparkling wines. The European vegan wine market is projected to grow further as consumer demand for ecological and vegan goods grows. Additionally, market drivers including changing consumer trends for food and drink are fueling the market's expansion.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The European vegan wine market CAGR is driven mostly by consumer awareness, as more individuals become aware of the influence their dietary choices and lifestyle choices have on the environment. In Europe, more and more consumers are choosing to live flexitarian, vegan, or vegetarian diets. As individuals make these dietary decisions, they develop a greater interest in the components and manufacturing processes of the goods they eat, including wine. Additionally, buyers want vegan wines to be certified and have clear labels. These days, a lot of wineries tag their products as "suitable for vegans" or "vegan friendly." Customers will find it simpler to choose wines that fit their dietary requirements as a result. Accreditation from groups such as the Vegan Society lends validity to these assertions. In addition to choosing wines that fit their diets, many customers are now looking for wines that address their ethical and environmental issues. Since vegan wines are typically made with a smaller environmental impact, they frequently meet this requirement. Furthermore, as more wineries and restaurants provide vegan wine selections on their menus, diners are exposed to these possibilities. This motivates consumers to seek out comparable possibilities when shopping for wine to enjoy at home.
Moreover, the market for vegan wines is significantly shaped by wine-producing regions, which have long traditions and extensive knowledge of winemaking. Numerous wine areas in Europe, like France's Bordeaux, Italy's Tuscany, and Spain's Rioja, have a distinguished and lengthy history of wine production. Wine lovers from all over the world come here because of their reputation. The adoption of vegan winemaking techniques by these areas has repercussions for the world wine industry. Established wine regions are also adjusting to contemporary consumer trends, such as the increasing popularity of vegan-friendly goods. They are changing the way they make wine in order to appeal to a larger market by developing wines without the usage of fine chemicals obtained from animals. Europe's wine regions produce a variety of wines, such as rosé, white, sparkling, and red. They accommodate a range of tastes and guarantee that customers may choose from a wide variety of vegan wines by providing vegan versions of various wine varietals. Additionally, travelers and wine lovers are drawn to wine regions. When visiting vineyards and participating in wine tastings, visitors to these areas are more likely to be introduced to and interested in vegan wines. There may be a rise in the market for vegan wines as a result. Thus, driving the vegan wines market revenue.
The Europe Vegan Wines market segmentation, based on type includes Red Wine and White Wine. The red wine segment dominated the market mostly. Red or black grapes are fermented with yeast to produce red wines. In organically certified vineyards, the grapes are farmed organically. Most of the vineyards are found in the European continent. Most of the world's vineyards are found in nations like Germany, France, and Italy.
The Europe Vegan Wines market segmentation, based on packaging, includes Bottles, Cans and Others. The bottles category generated the most income. Vegan wines are primarily packaged in glass bottles. Moreover, they are often utilized in beverage packaging. In the world, glass is the third most popular material for packaging. Glass's recyclable, reusable, and inert qualities make it a popular choice for wine packaging.
The Europe Vegan Wines market segmentation, based on distribution channel, includes On-trade and Off-trade. The off-trade category generated the most income. Wine merchants, supermarkets, hypermarkets, retail establishments, caterers, organic stores, and e-commerce platforms are some of the off-trade distribution channels for vegan wine. The trend of consumers turning to e-commerce is predicted to propel the expansion of this market.
Figure 1: Europe Vegan Wines Market, by Distribution Channel, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
A number of important elements are driving the European vegan wine market's rise. There is a growing market for wines made without the use of fining chemicals originating from animals, like isinglass or gelatin, as a result of growing consumer awareness and the popularity of vegan and plant-based diets. In an effort to make it simpler for them to match their wine selections with their dietary restrictions, consumers are actively seeking vegan wines with transparent labeling and certification. Moreover, the impact of well-known European wine regions—known for their superior quality and rich historical heritage—is significant. These areas are expanding their markets and giving legitimacy to the idea of vegan winemaking as they modify their winemaking techniques to create vegan-friendly wines. Furthermore, as vegan winemaking techniques frequently coincide with ecologically friendly production techniques, the industry's broader trend toward sustainability and ethical considerations has also fueled the development of vegan winemaking techniques.
Figure 2: EUROPE VEGAN WINES MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the vegan wines market grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, vegan wines industry must offer cost-effective items.
| Report Attribute/Metric | Details |
| Market Size 2022 | USD XX Billion |
| Market Size 2023 | USD XX Billion |
| Market Size 2032 | USD XX Billion |
| Compound Annual Growth Rate (CAGR) | XX% (2023-2032) |
| Base Year | 2022 |
| Market Forecast Period | 2023-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Packaging, Distribution Channel, and Region |
| Region Covered | Europe |
| Countries Covered | Germany, France, UK, Italy, Spain, Sweden, Denmark, Luxembourg, Norway, Austria, and Rest of Europe |
| Key Companies Profiled | Avondale; Elgin Ridge Wines; Kendall-Jackon Winery; The Organic Wine Company; Bronco Wine Company; King Estate Winery; Grgich Hills Estate; Emiliana Organic Vineyards; Societa Agricola QuerciabellaSpA; Frey Vineyards |
| Key Market Opportunities | Increasing awareness of customers' food choices and environmental impact |
| Key Market Dynamics | Increasing millennial demand Rising number of vegan population |
Frequently Asked Questions (FAQ) :
The Europe Vegan Wines market size was valued at USD XX Billion in 2022.
The market is projected to grow at a CAGR of XX% during the forecast period, 2023-2032.
The key players in the market are Avondale; Elgin Ridge Wines; Kendall-Jackon Winery; The Organic Wine Company; Bronco Wine Company; King Estate Winery; Grgich Hills Estate; Emiliana Organic Vineyards; Societa Agricola QuerciabellaSpA; Frey Vineyards
The bottles category dominated the market in 2022.
The off-trade category had the largest share in the market.
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