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Organic Wine Market Trends Analysis, Leading Players Opportunities and Industry Forecast 2021-2027| Avondale,ELGIN RIDGE WINES,The Organic Wine Company,Bronco Wine Company

06-03-2021 08:14 AM CET | Business, Economy, Finances, Banking & Insurance

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Organic Wine Market Trends Analysis, Leading Players

Organic wine is prepared from grapes cultivated in accordance with principles of organic farming. It excludes the use of artificial chemical fertilizers, fungicides, pesticides, and herbicides. Organic wine is considered healthy as it has lots of antioxidants, vitamins, and minerals. Resveratrol present in red wine is estimated to lower cholesterol and help prevent cancer. Organic wine is regulated by several bodies across the globe, such as USDA Organic, Demeter, and Eco Cert. The sulfite use in organic wine is considerably lower than in conventional wines. In order to get organic wine farm certification, sulfites must be less than 100 mg per liter or no sulfite at all during winemaking phase. Sulfite causes headache, stomach pain, swelling, and diarrhea to a certain percentage of population consuming wine. Organic wine is sulfite-free, which makes it healthier. This, in turn, is boosting the growth of the organic wine market.

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The organic wine market was valued at US$ 7,460.29 million in 2019 and is projected to reach US$ 16,647.81 million by 2027; it is expected to grow at a CAGR of 10.7% from 2020 to 2027.

In addition, as organic wines are free from additives such as sulfur, yeast nutrients, and fining, and produced by using indigenous yeasts, the demand is witnessing considerable growth. The consumer demand for vegan-friendly, preservative-free, biodynamic, carbon-neutral, and certified organic wines have set the ball rolling for the growth of the organic wine market during the forecast period. The organic wine market is currently a niche market that is likely to transition into a mainstream market over the upcoming years. Another factor that is projected to play a key role in the development of the organic wine market is the impressive rise in the number of health-conscious consumers who are largely inclined toward purchasing organic food & beverage products.
Product Type Industry Insights

Based on product type, the organic wine market is segmented into red organic wine and white organic wine. The red organic wine segment accounted for the largest share in the global organic wine market in 2019, and is expected to register the fastest growth rate during the forecast period.

Distribution Channel Insights

Based on distribution channel, the organic wine market has been segmented into food service, supermarkets and hypermarkets, specialist retailers, online channel, and others. The supermarkets and hypermarkets segment accounted for the largest share in the global organic wine market in 2019. The food service segment is expected to register the fastest growth rate during the forecast period. Supermarkets and hypermarkets are self-service shops that offer different categories of products. Supermarkets and hypermarkets are considered as a major distribution channel for the sales of organic wine products. The wide array of these products is placed at an eye-catching assortment on shelves of hypermarkets and supermarkets to attract customers. Supermarkets and hypermarkets offer products of different brands in one place with affordable prices compared to other distribution channels. Also, the products of different brands are placed nearby, in order to facilitate buyers to select suitable products in less time. Apart from this, factors such as hassle-free transactions, bulk purchasing, better services, and pleasant customer experience encourage buyers to shop from supermarkets and hypermarkets.

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Increasing Preference for Organic Wines to Boost Sales

Health benefits associated with wine have been in common knowledge for years, and organic wine is the healthiest of them all. Organic wine has lots of antioxidants, vitamins, and minerals, which are essential for good human health. Organic wines are also associated with different features, which make it more preferable over conventional wines, such as non-GMOs, no synthetic additives, no added sulfites, less sugar, lower alcohol content, and also supports sustainable organic farming and production methods. Hence, all these factors make consumers opt for organic wines. The number of lifestyle diseases is increasing around the world; people are becoming more concerned about their health and diets, and prefer food and drinks that are healthy without any chemical additives.

Impact of COVID-19: Organic Wine Market

The Covid-19 pandemic has deeply impacted the drinks industry global sales to slump, as the coronavirus crisis has shut down bars and restaurants worldwide. The wine market is less volatile and gives wine investors the convenience of owning a non-correlated investment in this period of market stress. Given the situation, the hospitality industry is among the hardest hit, as companies and communities have been affected due to rising number of corona patients and further extension of lockdown.

Company Profiles

Avondale
ELGIN RIDGE WINES
The Organic Wine Company
Bronco Wine Company
King Estate Winery
GRGICH HILLS ESTATE
EMILIANA
Società Agricola QuerciabellaSpA
Frey Vineyards
La cantina PizzolatoS.r.l

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