Organic Wine Market to Surpass $ 15 Billion by 2025 | TechSci Research

Increasing consumer awareness regarding health to fuel global organic wine market throughout 2025

According to TechSci Research report, “Global Organic Wine Market By Product Type, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2025”, the global organic wine market is project to grow at a steady CAGR of nearly 12% to cross $ 15 billion by 2024. Increasing number of organic vineyards is one of the major growth drivers. Rising demand for organic wine has resulted in an increase in organic grape production worldwide. Furthermore, natural food and beverage trends around the world are motivated largely by the declining interest in chemical-based agricultural techniques. In the current scenario, organic wine is a rising trend in the beverage market, especially in wine-drinking countries such as Australia, New Zealand, France, Italy, Argentina, etc. Organic wines are free from contaminants such as sulphur, yeast nutrients, and are made using natural yeasts. Consumer demand for vegan-friendly, preservative-free, biodynamic, carbon-neutral, and certified organic wines has set the stage for the growth of the organic wine market during the forecast period. The organic wine market is currently a niche segment that is expected to be turn into a popular market in the coming years. Another factor that is considered to take a key role in the growth of the organic wine market is the significant increase in the number of health-conscious consumers, who are increasingly inclined to buy organic food and beverage products.

Browse 134 market data Figures spread through 131Pages and an in-depth TOC on“Global Organic Wine Market”

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Global organic wine market is classified based on By Product Type, By Distribution Channel, and By Region. Based on Product Type, the market is segmented into Organic Sparkling Wine and Organic Still Wine. The Organic Sparkling Wine segment dominated the global market and is expected to continue its dominance over the next coming years. Rise in demand from countries such as Germany, France, Russia and the US and new product launches are expected to boost the growth of sparkling wine market in the coming years. Organic wine is increasingly being consumed nowadays in place of champagne as it gives the same bubbly effect. Based on Distribution Channel, the market is further segmented into Supermarket/Hypermarket, Speciality Stores, On-trade (Bars, Restaurants and Hotels), and Online. the supermarkets and hypermarkets segment leads the global organic wine market. This is mainly due to the increasing preference and popularity of supermarkets and hypermarkets in both developed and developing countries. But offline sales are expected to decline in 2020, as market players are increasingly concentrating on rising sales across online distribution channels in the midst of COVID-19 epidemic.

Regionally, organic wine consumption is being driven by Europe, followed by North America and Asia-Pacific. The number of vineyard producers is growing and the emphasis is on improving the quality of wine production. In Asia, Japan is the leading market, however new ones are also growing including Singapore and South Korea. Japanese organic wine is predominantly red wine, and much of the wine is imported (with high amount of wine imports from France). Major players operating in the global organic wine market include Bonterra Vineyards, Banfi Vintners, The Organic Wine Company, Harris Organic Wine, Emiliana Organic Vineyards, King Estate Winery, The Wine Group, Treasury Wine Estates, Concha y Toro, DeLoach Vineyards, The Organic Wine Company, Armit Wines, Chateau Maris, Grgich Hills Estate, Chateau Maris and others.

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“The COVID-19 pandemic has had a destructive effect on a variety of sectors. As restaurants and hospitality segments around the world halted due to strict containment measures imposed by governments, demand for organic wine has been hit hard. Though organic wine sales are likely to remain sluggish in near term, demand is expected to rise steadily in some regions where restrictions on lockdowns have been relaxed. International imports and exports of organic wine are expected to be back on track by the last quarter of 2020, as limits on trade and transport are expected to be lifted.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Organic Wine Market By Product Type, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of Global Organic Wine market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global organic wine market.

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