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Organic Wine Market is Growing at a High CAGR 10.7% by 2027

10-28-2021 09:45 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Organic Wine

Organic Wine

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.

Organic wine is produced by cultivating grapes without the use of artificial fertilizers or harmful chemicals. Organic wine has started gaining traction in the wake of alarming health issues and rising focus on healthy living. Therefore, rising demand for organic wine has positively influenced the number of organic vineyards. Further, according to the Research Institute of Organic Agriculture, Spain is considered one of the major regions, which strongly contributes to the production and consumption of organic wine.

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Top Key Players:- Avondale, ELGIN RIDGE WINES, The Organic Wine Company, Bronco Wine Company, King Estate Winery, GRGICH HILLS ESTATE, EMILIANA, Società Agricola QuerciabellaSpA, Frey Vineyards, and La cantina PizzolatoS.r.l

Organic wine is prepared from grapes cultivated organically, which mainly exclude the use of artificial chemical pesticides, fertilizers, fungicides, and herbicides. Organic wine is considered healthy as it has lots of antioxidants, vitamins, and minerals.

In the country, almost 80,000 hectares of land is considered to be used for organic farming of grapes. Other than this, France, Italy, the US, Turkey, and Germany are other major economies, which have a significant contribution in the production of organic grapes and wineries. Favorable climatic conditions, positive government approaches, and focus toward sustainable farming are some of the important factors influencing the growth of the organic wine market worldwide.

The report includes the segmentation of the global organic wine market as follows:

Global Organic Wine Market, by Packaging
• Plastic Bottles
• Glass Bottles
• Cans

Global Organic Wine Market, by Product Type
• Red Organic Wine
• White Organic Wine

Global Organic Wine Market, by Distribution Channel
• Food Service
• Supermarkets and Hypermarkets
• Specialist Retailers
• Online Channel

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Impact of COVID-19 Pandemic on Organic Wine Market

The COVID-19 pandemic first began in Wuhan, China, in December 2019, and since then, it has spread at a fast pace worldwide. As of September2020, the US, Brazil, India, Russia, Peru, South Africa, Mexico, and the UK are some of the worst affected countries in terms confirmed cases and reported deaths. The outbreak has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Food &beverages is one of the major industries suffering serious disruptions, such as office and factory shutdowns, and supply chain breaks, as a result of this outbreak.

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The Insight Partners
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: https://www.theinsightpartners.com/

About Us:

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Electronics and Semiconductor s, Pharmaceuticals, Chemicals and Materials, Automotive and Transportation, Aerospace and Defense, Electronics and Semiconductors, Technology, Media, and telecommunication, Manufacturing and Construction.

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