Organic Wine Market REPORT OVERVIEW
-
Request a Free sample to learn more about this report
The global organic wine market size was USD 28497.67 million in 2022 and is projected to touch USD 107561.79 million by 2031, exhibiting a CAGR of 15.9% during the forecast period.
Organic wine is made from grapes that are cultivated with organic farming that excludes artificial chemical fertilizers, herbicides, fungicides, and pesticides. The grapes are grown in vineyards in accordance with organic farming. As it doesn’t have any additional chemical additives, it is less likely to give a person a sore head. It is also free from sulfur, fining, and yeast nutrients. Organic wine includes a list of additives such as yeast, animal enzymes, and egg white. Organic wines are not necessarily vegan in nature. It is one of most preferred alcoholic beverages among consumers.
The increasing fondness for organic wine is due to a rise in the inclination for organic and natural products. People have been using organic food and beverages for a considerable amount of time because of the benefits they provide. Organic wine is used as a medicine to fight diseases due to the presence of resveratrol that prevents aging and diseases. There has been increasing demand for such types of wine in cafes and restaurants. Manipulative and minimalistic methods in making of wine are expected to create a positive influence on the market.
COVID-19 Impact: Halt on Various Industries to Impede Market Development
The effects of the COVID-19 pandemic are already being felt on a global level, the global organic wine market is noticeably influenced. In 2020, COVID-19 has had a negative impact on many markets. Several countries went into lockdown. With the sudden pandemic, all kinds of businesses observed disruptions. With many restrictions in the pandemic, different types of markets were negatively impacted. The outbreak of COVID-19 pandemic halted food and beverage, hospitality, and agriculture industries. Government regulations halted the operations due to curb the spread of the virus. Such regulations temporarily ceased the operations that led to restricted sales of organic wines. Manufacturers also were unable to transport grapes leading to degradation of quality of grapes. The market is expected to recover due to online sales channels.
LATEST TRENDS
"New Production Techniques to Impel Market Demand"
New product launches are expected to increase the growth of the global organic wine market. Manufacturing has been putting their focus on processing organic wines which don’t have sulfur and inorganic yeast. The market players are making their wines that are fully handcrafted. They are also coming up with new and natural techniques for processing wines to ensure an exquisite taste and quality. Companies are making use of fine quality grapes which are handpicked either from their own grapevines or other grape manufactures. The blended wine is kept for around two years for first fermentation and second fermentation is kept for 5 years. Such new production techniques are expected to propel the market growth by posing new opportunities.
Organic Wine Market SEGMENTATION
-
Request a Free sample to learn more about this report
- By Type
According to type; the market is divided into red wine, white wine, rose wine, dessert wine, fortified wine, and sparkling wine.
Red wine is the leading part of the type segment.
- By Application
Based on the application; the market is divided into supermarkets and hypermarkets, online channels, and specialist retailers.
DRIVING FACTORS
"Growing Preference for Organic Products to Drive Market Growth"
The global organic wine market growth is anticipated to rise due to preference for organic products. The demand for the product derives from restaurants and retail sectors globally. The demand for organic products is rising due to use of less pesticides and insecticides. The number of health conscious population towards consumption of organic food and beverages. Organic wine is naturally sustainable and eco-friendlier compared to conventional wine. There has been an increase in consumption with a rapid pace in various countries due to usage of the sustainable winemaking techniques. The new product launches and new production techniques used are projected to drive demand for the market.
"Increasing Wine Consumption to Surge Market Demand"
The demand is rising quickly due to increasing wine consumption globally. Increasing consumption in wine has been one of the major driving factors in this market. The young and working classes of people of various regions which include wine in their regular diet, occasional parties, and drinks. On premise restaurants and supermarkets have also been enhancing their wine offerings and availability. Changing new tastes and preferences among the consumers and demand for trying new and exotic flavors is also anticipated to drive demand in the market.
RESTRAINING FACTORS
"High Prices to Obstruct Market Growth"
There are a number of factors that can push the growth of the market. Restraining factors such as high pricing of such wines. High prices of raw materials used in making wine are expected to act as a restraint for this market. In addition to this, harsh weather conditions distressing the grapevines is also expected to lessen the demand. These factors are expected to reduce the demand for the product in the market.
Organic Wine Market REGIONAL INSIGHTS
-
Request a Free sample to learn more about this report
Europe to Dominate Market Due Owing to Vibrant Culture
Europe holds the largest part of the global organic wine market share due to high demand from countries such as Germany, France, and the U.K. The awareness regarding the health benefits associated with organic products among people and numerous opportunities for companies are expected to increase the demand for products in the market. The region is a hotspot for wine enthusiasts owing to the vibrant culture from Italy, Spain, and Nordic countries.
KEY INDUSTRY PLAYERS
"Key Players to Boost Demand Leading to Market Growth"
The report delivers information about the list of market players and their working in the industry. The information is collected and reported with proper research, technological developments, acquisitions, mergers, expanding production lines, and partnerships. Other aspects examined for the global organic wine market include companies producing and introducing new products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.
List of Market Players Profiled
- Lapostolle (Chile)
- Emiliana Organic Vineyards (Chile)
- Distell Group (South Africa)
- Grgich Hills Estate (U.S.)
- Treasury Wine Estates (Australia)
- Boutinot (U.K.)
- Concha y Toro (Chile)
- The Organic Wine Company (U.S.)
- The Wine Group (U.S.)
- King Estate Winery (U.S.)
INDUSTRY DEVELOPMENT
- March 2022: De Bortoli, an Australian wine company has launched their new product, Organic Shiraz Field Blend. The new shiraz will be the company’s first organic wine which will highlight their commitment for sustainable winemaking. The bottles packaged are light in weight and also vegan in nature.
REPORT COVERAGE
This research profiles a report with widespread studies that take into an explanation of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 28497.67 Million in 2022 |
Market Size Value By |
US$ 107561.79 Million by 2031 |
Growth Rate |
CAGR of 15.9% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Segments Covered |
Type and Application |
Regional Scope |
Global |
Frequently Asked Questions
-
What value is the organic wine market size expected to touch by 2031?
The global organic wine market size is expected to reach USD 107561.79 million by 2031.
-
What CAGR is the organic wine market size expected to exhibit by 2031?
The organic wine market size is expected to exhibit a CAGR of 15.9% by 2031.
-
Which are the driving factors of the organic wine market?
Drivers of this organic wine market are growing preference for organic products and increasing wine consumption.
-
Which are the top companies operating in the organic wine market?
Lapostolle, Emiliana Organic Vineyards, Distell Group, Grgich Hills Estate, Treasury Wine Estates, Boutinot, King Estate Winery, Concha y Toro, The Organic Wine Company, The Wine Group, and King Estate Winery are the key companies operating in the organic wine market.