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Organic Wine Market: Size, Industry Growth Rate, Trends, and Comprehensive Overview

Organic Wine Global Market Report 2024

Organic Wine Global Market Report 2024

The Business Research Company recently released a comprehensive report on the Global Organic Wine Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, The organic wine market size has grown rapidly in recent years. It will grow from $10.85 billion in 2023 to $12.08 billion in 2024 at a compound annual growth rate (CAGR) of 11.3%. The growth in the historic period can be attributed to corporate responsibility initiatives, perception of quality and authenticity, expanded distribution channels, wine tourism and experiential consumption, changing consumer preferences.

The organic wine market size is expected to see rapid growth in the next few years. It will grow to $18.27 billion in 2028 at a compound annual growth rate (CAGR) of 10.9%. The growth in the forecast period can be attributed to continued health and wellness focus, environmental sustainability concerns, regulatory support and certifications, shifting consumer preferences, marketing and consumer education. Major trends in the forecast period include premiumization, strategic partnerships, product innovations.

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Market Drivers and Trends:

The rising health-conscious consumers is expected to boost the growth of the organic wine market going forward. Health-conscious consumers are individuals who prioritize and actively seek ways to maintain and improve their physical and mental well-being. Organic wine use by health-conscious consumers is a growing trend, as people become more aware of the potential health benefits of organic products and the environmental impact of conventional farming practices. For instance, in July 2022, according to reports published by Food Insight, a US-based non-profit organization, 52% of Food and Health Survey participants followed a specific diet or eating pattern, up from 39% in 2021. The top choices were clean eating (16%), mindful eating (14%), and calorie counting (13%). In addition, according to a Poll/HealthDay survey, nearly 2 of every 3 American adults, or about 63%, plan to change their diet in 2022. Therefore, the rising health-conscious consumers is driving the growth of the organic wine market.

Sustainable wine-making practices are a key trend gaining popularity in the organic wine market. Wine production necessitates using numerous valuable resources, including water, fertilizers, and other organic items. Furthermore, it generates a massive amount of wastewater and organic waste, which must be effectively handled to avoid contaminating the producing regions. The proportion of land allocated to vineyard cultivation makes this one of the most important agricultural activities of humans; thus, there is an increase in the adoption of sustainable wine-producing processes to sustain the resources involved with the manufacture of organic and inorganic wine products. For instance, In September 2021, according to an article published by Forbes, Villa Maria, a New-Zealand based winery, launched EarthGarden, a new sustainable wine label that focuses on naturally grown Pinot Noir and Sauvignon Blanc. These wines are made from naturally cultivated vineyards and are devoid of synthetic pesticides. Villa Maria has substantially built wildflower garden systems and regenerative viticulture throughout its vineyards.

Key Benefits for Stakeholders:

• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.

Major Key Players of the Market:

Avondale Wine, Elgin Ridge Wine Estate, Kendall-Jackson Wine Estate and Gardens, The Organic Wine Company, Bronco Wine Company, King Estate Winery, Grgich Hills Estate, Viña Emiliana S.A., Società Agricola Querciabella S.p.A., Frey Vineyards, Xinjiang Tiansai Winery Co. Ltd., La Cantina Pizzolato S.r.l., Tamburlaine Organic Wines Pty. Ltd., Bonterra Organic Vineyards, Pernod Ricard SA, Caviro Cooperativa Vitivinicola, Trinchero Family Estates, Marchesi Antinori S.p.A., Changyu Pioneer Wine Co. Ltd., Constellation Brands Inc., Castel Group, The Wine Cellar Group, Dry Farm Wines, Vintage Roots, Mount Avoca, Jacob's Creek, Ridge Vineyards, La Coulée de Serrant, Kistler Vineyards, Cantina Tramin

Organic Wine Market 2024 Key Insights:

• The organic wine market size is expected to see rapid growth in the next few years. It will grow to $18.27 billion in 2028 at a compound annual growth rate (CAGR) of 10.9%.
• Surge In Consumer Interest Fueling Growth In The Organic Wine Market
• Rising Trend Of Sustainable Practices In The Organic Wine Market
• Europe was the largest region in the organic wines market in 2023

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Contact Us:

The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

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Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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