Saudi Arabia Non-grape Wine Market (2024-2030) | Share, Revenue, Size, Outlook, Industry, Forecast, Growth, Companies, Value, Trends & Analysis

Saudi Arabia Non-grape Wine Market Synopsis

The Saudi Arabia non-grape wine market is expected to register a CAGR of around 5.4% during the forecast period 2020-2026. The increasing number of health and fitness conscious consumers across the country and rising disposable income are some of the major factors driving the growth of this market in Saudi Arabia. Furthermore, an increase in alcohol awareness campaigns through various media platforms has raised consumer interest towards different types of wines, resulting in increased sales. Additionally, with growing hospitality industry, hotels and restaurants usually offer international drinks on their menus which further fuel demand for such drinks in Saudi Arabia.

Market Drivers

Increased awareness about health benefits associated with moderate consumption of alcoholic beverages has resulted into more consumers opting for alternatives like non-grape wines over regular grape wines due to its low sugar content and other added nutrients like polyphenols that assists digestion as compared to traditional grape wines that have high sugar levels coupled with calories present in them. This factor is anticipated to drive the revenue generation from non-grape wine segment during forecast period 2020-2026 across Saudi Arabia market. Increasing disposable incomes along with changing lifestyle habits among population have also gained traction towards consumption pattern shift from beers or spirits based beverages toward soft drinks or better quality products like premium wines including organic varieties etc., helping growth prospects for players operating within wine sector especially for those dealing with non-grape variety across country??s regions including Riyadh, Jeddah etc.

Challenges of the Market

Local producers within region often face difficulty when it comes meeting demands being generated from customers who wish buy large volumes at any given point time owing limited capacity production lines owned by many companies; this issue needs be addressed order ensure smooth functioning operations full filling requirements laid down local authorities before commencing packaging process each type product offered within range thus hampering growth potential even if raw material required making these items sourced without much effort.

Covid 19 Impact on the Market

COVID ?? 19 pandemic has significantly impacted all sectors in Saudi Arabia economy including non ?? grape wine industry as it led to shut down of many restaurants and pubs which hinder sales in this sector. Also travel restrictions imposed by many countries affected exports from Saudi Arabia negatively impacting non ?? grape wine industry revenues. However due to increase awareness about health benefits associated with non ?? grap wines consumption is expected surge resulting in rise in domestic consumption compensating losses occurred due to fall in exports.

key players of the Market

Key players operating in the Saudi Arabia Non Grape Wine Market include Castelbel Portugal LDA., Givaudan SA, Agrovin Company General De Vinos S A U , Simonsig Estates Pty Ltd , Bisceglia Vini Spa etc.

Key Highlights of the Report:

• Saudi Arabia Non-grape Wine Market Outlook
• Market Size of Saudi Arabia Non-grape Wine Market, 2023
• Forecast of Saudi Arabia Non-grape Wine Market, 2030
• Historical Data and Forecast of Saudi Arabia Non-grape Wine Revenues & Volume for the Period 2020-2030
• Saudi Arabia Non-grape Wine Market Trend Evolution
• Saudi Arabia Non-grape Wine Market Drivers and Challenges
• Saudi Arabia Non-grape Wine Price Trends
• Saudi Arabia Non-grape Wine Porter's Five Forces
• Saudi Arabia Non-grape Wine Industry Life Cycle
• Historical Data and Forecast of Saudi Arabia Non-grape Wine Market Revenues & Volume By Product Type for the Period 2020-2030
• Historical Data and Forecast of Saudi Arabia Non-grape Wine Market Revenues & Volume By Fermented Fruit Wine for the Period 2020-2030
• Historical Data and Forecast of Saudi Arabia Non-grape Wine Market Revenues & Volume By Distilled Fruit Wine for the Period 2020-2030
• Historical Data and Forecast of Saudi Arabia Non-grape Wine Market Revenues & Volume By Preparation Fruit Wine for the Period 2020-2030
• Historical Data and Forecast of Saudi Arabia Non-grape Wine Market Revenues & Volume By Sparkling Fruit Wine for the Period 2020-2030
• Historical Data and Forecast of Saudi Arabia Non-grape Wine Market Revenues & Volume By Application for the Period 2020-2030
• Historical Data and Forecast of Saudi Arabia Non-grape Wine Market Revenues & Volume By Household for the Period 2020-2030
• Historical Data and Forecast of Saudi Arabia Non-grape Wine Market Revenues & Volume By Commercial for the Period 2020-2030
• Saudi Arabia Non-grape Wine Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Application
• Saudi Arabia Non-grape Wine Top Companies Market Share
• Saudi Arabia Non-grape Wine Competitive Benchmarking By Technical and Operational Parameters
• Saudi Arabia Non-grape Wine Company Profiles
• Saudi Arabia Non-grape Wine Key Strategic Recommendations