Wine Fining Agent Market

Wine Fining Agent Market Size, Share, Growth (2023-2028)

Wine Fining Agent Market share value in 2022 was 668.43 million, and it is expected to grow at a CAGR of 5% during the forecast period 2023-2028 to reach USD 895.76 million by 2028.

Wine Fining Agent Market Overview:

Wine Fining is a traditional method in which an agent is added to help in making wine fine and clear. During the manufacturing process, wine deposits suspended material such as yeast cells, etc. These wine fining agents help to clear out these materials and make wine clear. A fining agent preparation is added to wine to soften or lessen its astringency and/or bitterness, eliminate proteins that can cause haze to form, or lighten the color of the wine by the adsorption and precipitation of polymeric phenols and tannins. The fining agent interacts chemically or physically with the components of the wine to create a new complex that can separate from the wine. Animal-based organic compounds are typically utilized as fining agents. Egg whites, casein generated from milk, gelatin, and isinglass formed from fish bladders are among the most popular organic substances used. Bentonite clay is one of the most common substances because of its efficiency in absorbing proteins and some germs. Pulverized minerals and solid materials can be used as well. Some phenols that contribute to browning and some particles that cause "off-odors" in the wine are removed using activated carbon made from charcoal.

Wine Fining Agent Market Drivers:

The increase in consumption of alcoholic beverages, including wine, is one of the major driving factors to the wine-fining agent market due to the increase in the popularity of the consumption of wine. For instance, as per the International Organisation of Vine and Wine, 24.7 billion liters of wine were consumed across the globe in 2022. This indicates the increased consumption pattern for wine. Additionally, the increase in visits to restaurants, pubs, and bars where there is increased availability of wine increases the demand for wine fining agents. The increase in urbanization has increased the number of visits to restaurants and pubs; this increases the consumption pattern of consumers of wine. Additionally, the increase in consumption of wine by the millennial generation also boosts the wine fining agent market growth. 

The increase in demand for well-refined, clear wine is increasing the demand for the wine fining agent market. The increase in demand for wine, which is infused with a particular aroma, improved mouthfeel, and taste, is resulting in increased use of wine fining agents from the industries. Additionally, the increase in the number of wineries is increasing the demand for wine fining agents. For instance, as per a study, in the United States, there were about 11,000 wineries that produced wine as of 2020. The number of wineries in the country has increased by more than 50% since 2009. These agents are used Across the world; wine fining agents are being used more and more to stabilize, clarify, and get rid of phenolic chemicals that could give wine unpleasant sensory qualities. The increase in veganism is increasing the demand for vegan fining agents to fulfill the demand for vegan consumers. 

Wine Fining Agent Market Restraints:

The increase in awareness of overconsumption of wine may cause damage to the health of the human body, which is one of the major restraining factors to the wine-financing agent market growth. Additionally, some wine-fining agents cause allergies in some individuals. For instance, casein and egg whites result in allergy in some individuals. The increase in health awareness regarding food allergies decreases the demand for the wine fining agents. In addition, the increase in the adoption of veganism decreases the demand for some wine-fining agents, which are derived from animal bases. Various wine-fining agents pose some environmental issues because of how they are sourced and their disposal method, hindering the market growth for wine-fining agents market growth. For instance, the use of isinglass, which is made from fish bladders, raises questions about animal care and sustainability. Hence, decreases the demand for wine-fining agents. Additionally, the high cost associated with the use of rare from specialized sourced wine fining agents decreases the market growth. 

Wine Fining Agent Market Opportunity:

The increase in innovations in wine-fining agents is creating opportunities in the wine-fining agent market growth over the forecasting period with an increase in investment in innovating new fining agents. The increase in the experimentation of new organic fining agents increases the demand of the wine fining agent market. The increase in experimentation is to avoid allergic reactions to the fining agent. The increase in innovation to manufacture eco-friendly agents increases the market growth. For instance, multiple companies are exploring the use of pea proteins, activated carbon, and agents derived from chitosan as alternatives to traditional fining agents. The wine fining agent market has a significant development opportunity due to the increasing demand for organic and natural wines. Fining agents that support their goals for sustainability and organic certification standards are preferred by organic winemakers. 

Impact of COVID-19 on the Wine Fining Agent Market:

The pandemic adversely affected the growth of the Wine Fining Agent Market due to the closure of wineries across the globe to avoid the spread of the virus. The lack of labor required for the manufacturing process decreased the production of wine. Additionally, the change in consumers' purchasing patterns due to the economic decrease led to a decrease in demand for wine. Hence, this led to a decrease in demand for wine fining agents. Additionally, the closure of restaurants, bars, and pubs decreased the demand for wine. This led to a decrease in the wine-fining agent market demand. The closure of imports and exports additionally decreased the demand for wine across the globe. During the pandemic, the majority of the population focused on a healthy lifestyle. 

Key Developments in the Wine Fining Agent Market:

• In June 2023, Chinova Bioworks introduced the new MycoKleer™, a sustainably produced vegan fining agent for the manufacturing of beverages. MycoKleer can save manufacturers time, energy, and money by improving their efficiencies during the clarification process of drinks.

Wine Fining Agent Market Segmentation

By Type of Fining agents,

• Traditional Fining Agent

  • Gelatin

  • Egg Whites

  • Isinglass

  • Casein

• Alternative Fining Agent

  • Bentonite Clay

  • Activated Charcoal

  • Pea Proteins

  • Synthetic Polymers

Among these, the alternative fining agent's segment dominates the Wine Fining Agent Market. Among these, the bentonite clay sub-segment is leading with the largest shares of the market. This agent is suitable for both red and white wine fining processes. Winemakers favor bentonite because of its capacity to improve wine clarity and stability. Activated charcoals and synthetic polymers are increasing their demand because of the increase in the adoption of veganism and environmentally friendly consumers. The traditional fining agent is expected to have the fastest CAGR over the forecasting period. 

By Wine Type,

• Red Wine

• White Wine

• Rose Wine

• Sparkling Wine

Among these, the red wine segment dominates the wine fining agent market owing to an increase in demand for red wine across the globe. These wine-fining agents are used to remove excess tannins and decrease astringency. This also helps to enhance the color stability of red wine. The white wine segment is expected to show the fastest CAGR growth in the wine-fining agent market over the forecasting period. This is due to an increase in demand for clear and pure white wine across the globe. These agents help to decrease the turbidity without affecting the flavor and aroma of white wine.

By Product form,

• Liquid

• Powder

• Granular

Among these, the liquid segment dominates the Wine Fining Agents Market due to its convenience of use during the manufacturing of the wine. They are frequently used to produce reliable and top-notch fining results in large commercial wineries. The powdered segment is expected to show the fastest CAGR growth in the Wine Fining Agent Market over the forecasting period. The powdered fining agents have a longer shelf life and are easy to store.

By Application,

• Commercial Wineries

• Boutique Wineries

Among these, the commercial wineries segment dominates the Wine Fining Agent Market. The commercial wineries segment is expected to show its dominance in the market for wine-fining agents over the forecasting period. Additionally, the consistency and homogeneity across their product ranges are frequently given top priority by these wineries. As a result, they frequently use fining agents with a track record of success, including bentonite, for stabilizing and removing proteins. The Boutique wineries segment is expected to show the fastest CAGR growth over the forecasting period. 

Wine Fining Agent Market Regional Analysis:

• North America

• Europe

• Asia-pacific

• Middle-East and Africa

• Latin America

Regionally, the North American region dominates the Wine Fining Agent Market demand due to the increase in the consumption of wine across the region. This increases the demand for the wine-fining agents. For instance, in 2021, there were 3.18 gallons of wine consumed on average per American, compared to 2.34 gallons in 2005. Additionally, the increase in the number of wineries across the region increases the demand for fining agents. The area exhibits an increasing trend towards environmentally friendly and sustainable wine production, which is fueling demand for alternative fining agents.

The Latin America region is expected to show the fastest CAGR growth in the Wine Fining Agent market over the forecast period. This is due to the increase in wineries in countries such as Argentina and Chile. The increase in investment increases the demand for Wine Fining agents. The Asia Pacific region is expected to show moderate growth in the Wine Fining Agent market growth over the forecast period with the increasing demand for wine from emerging countries such as India, China, Japan, etc. To fulfill the constantly evolving needs of wine consumers, this region provides both traditional and innovative methods for enhancing wine quality.

Wine Fining Agent Market Key Players

1. Scott Laboratories

2. Gusmer Enterprises

3. Enartis USA

4. Laffort USA

5. DSM

6. Kerry Group

7. Eaton Corporation

8. Cellulosic Solutions

9. Anchor Oenology

10. DowDuPont Inc.

11. Porex Corporation.