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Organic Wines Market Size, Share, Growth with Recent Trends, Development, Revenue, Demand and Forecast to 2028

11-15-2024 05:23 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Premium Market Insights

The Organic Wines Market is expected to grow from US$ 12,471.20 million in 2022 to US$ 24,557.14 million by 2028; it is estimated to grow at a CAGR of 12.0% from 2022 to 2028market 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. Hence, the shift in consumption trends has forced firms in the wine industry to come up withwinemaking firms to develop innovative and healthier products.

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Analysis of the Top Market Players:

1. The Kellogg Company
2. Avondale
3. Elgin Ridge Wines
4. Kendall-Jackson
5. The Organic Wine Company
6. Bronco Wine Company
7. King Estate Winery
8. Grgich Hills Estate
9. Emiliana Organic Vineyards
10. Societ? Agricola Querciabella Spa
11. Frey Vineyards

In this report, the market has been segmented on the basis of:

Type (Still and Sparkling)
Packaging Type (Bottles and Cans)
Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Direct Selling)

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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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