Press release
Organic Wines Market Expectations and Growth Trends Highlighted Until 2028
The "Organic Wines Market" is projected to reach US$ 24,557.14 million by 2028 from US$ 12,471.20 million in 2022. It is expected to grow at a CAGR of 12.0% during 2022-2028.The growth of the organic wines market is driven by the rise in product offerings by organic wines manufacturers. People are highly conscious about their health, particularly the young generation, creating a high demand for organic and sustainable products which are sulfite-free and contain zero chemical additives. Thus, the key players are innovating their product portfolio to attract a more consumer base. The demand for the organic wines market is anticipated to grow in the forecast period due to increasing awareness concerning health and nutrition, as wine consumption is associated with anti-ageing properties. People are careful with their food and beverage intake, and this is making them more conscious about of the amount of chemical additives and other ingredients' quality while when buying the beverages products.
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Companies Profiled in this report includes:
• The Kellogg Company
• Avondale
• Elgin Ridge Wines
• Kendall-Jackson
• The Organic Wine Company
• Bronco Wine Company
• King Estate Winery
• Grgich Hills Estate
• Emiliana Organic Vineyards
• Societ? Agricola Querciabella Spa
• Frey Vineyards
By region, the organic wines market is segmented into North America, Europe, Asia -Pacific (APAC), Middle East & Africa (MEA), and South & Central America (SAM). In 20202021, Europe held the largest share of the market. However, North America is estimated to register the highest CAGR in the market during the forecast period. The region includes developed countries, such as the US and Canada. Consumer perception of organic alcoholic beverages is constantly improving where quality products are preferred, and consumers are willing to pay a higher amount for the same. The online distribution channel is one of the budding distribution channels for organic wines. Key players are focusing on online retailing to market their products to expand their market share and increase their customer base. Therefore, due to the increasing preference for organic products in the regionNorth America, the demand for organic wines is anticipated to increase in during the forecast period.
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Organic Wines Market Segmentation:
By Type:
• Still
• Sparkling
By Packaging Type:
• Bottles
• Cans
By Distribution Channel:
• Supermarkets and Hypermarkets
• Specialty Stores
• Online Retail
• Direct Selling
Based on type, the global organic wines market is segmented bifurcated into still and sparkling. In 2021, the still segment accounted for a larger market share, and whereas the sparkling segment is expected to register a higher CAGR during the forecast period. The organic still wine segment is gaining dominates a significant proportion of the organic wine market. Still organic still wine refers to non-bubbled wines, one of the most popular and widely available alcoholic beverages globally. It is also a table wine specially treated to remove CO2 and make it nonbubbly or fuzzy. Manufacturing of still organic wine includes various processes such as sorting raw material, crushing, maceration & pressing, fermentation, maturation, bottling, and bottle aging. Most still wines are developed for immediate drinking. Thus, the convenience of still wines has resulted in its larger market share.
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The size of the global organic wines market has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights into the topic. Participants in this process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers-, along with external consultants, such as valuation experts, research analysts, and key opinion leaders-, specializing in the organic wines market.
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