ORGANIC WINE MARKET TO REACH USD 22.2 BILLION BY 2027 | CAGR 10.4% – FORENCIS RESEARCH

Organic Wine Market - Global Industry Analysis and Forecast 2020 to 2027

Global Organic Wine Market: Key Highlights

  • According to the new market research report Organic Wine Market by Product Type (Red Organic Wine, White Organic Wine), by Packaging (Glass Bottle, Plastic Bottle, Cans, Others), by Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, Grocery Stores, Online Retailing, Others)by Region (Asia Pacific, Europe, Middle East & Africa, South America, North America) – Global Forecast (2020 to 2027)”, the global organic wine market is estimated to reach USD 22.2Billion by 2027 at a CAGR of around 10.4% during the review period.
  • Wine made without use of chemicals or genetically modified organism (GMO) are known as organic wine
  • Lower cholesterol, weight loss, blood clot preventions, smooth skin, reduce risk of allergies, improve immune response, mental acuity, and reduce cancer risk are some of the health benefits offered by the organic wine.
  • Organic wine is growing trend in beverage industry, particularly in wine drinking countries such as France, Australia, Argentina, and Italy.

Organic Wine Market

Global Organic Wine Market: Key Market Dynamics

  • Growing demand of organic wine coupled with health benefits of organic wine over conventional has expected to surge the demand for the product market
  • Increasing demand from retail and restaurant sectors has expected to drive the growth of organic wine market during the forecasted period
  • Fluctuation in availability of organic raw materials has expected to hinder the growth of organic wine market during the forecasted period

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Global Organic Wine Market: Regional Overview

  • Europe

Europe is anticipated to witness prominent growth in organic wine market owing to the vibrant wine culture across Italy, Spain, and other countries. This has been providing abundant opportunities for manufacturers operating in the region. European winemakers are focusing on the production of wine using the autochtone yeast. Additionally, a number of projects have been launched to make vineyard production more sustainable and to minimize the ecological footprint. For instance, VISCA ‘Vineyards´ Integrated Smart Climate Application’ is an R&I project co-funded under the Horizon 2020 program which will help to provide Climate Service (CS) and Decision Support System (DSS) which in turn will help agriculture management of vineyard. 

  • Asia-Pacific

Asia-Pacific is anticipated to witness largest growth in organic wine market during the forecasted period. Japan and Australia are leading countries in consumption of wine. Growing benefits of organic wine and increasing health conscious people has expected to drive the growth of product market. Moreover, rapidly growing youth population is further anticipated to boost organic wine market

Global Organic Wine Market: Key Players Overview

  • Bonterra Organic Vineyards:

Bonterra Organic Vineyards is engaged in organic farming. The company offers wide range wines under organically farmed wine, and bio-dynamically farmed wine. Bonterra Organic Vineyards are engaged in providing its product through online retailing. In June 2019, the company launched internationally available canned organic wine available in 250 ml can, with an aim to increase the product portfolio of Bonterra Organic Vineyards.  

  • ELGIN RIDGE WINES:

ELGIN RIDGE WINES is based in South Africa and is certified organic and biodynamic wine estate. The company is engaged in organic farming, vineyards and wines segments. The vineyards are located in region which is ideal for growing grapes. Its favorable climate helps to make perfectly balanced, elegant, and expressive wine. ELGIN RIDGE WINES is only organic and biodynamic certified wine estate.

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Published : 2020-08-12

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