The market's growth is attributed to consumers' rapidly growing preference for organic and sustainable food and beverages. These days, people have evolved lifestyles and social values, which is fueling the demand for organic beverages, such as organic wine. The digital technology enabling them to access various products has further encouraged the demand for organic wine. Organic wine is available in many flavors and packaging; for instance, red wine, white wine, and rose wine are packaged in different-sized bottles and cans, which has increased the number of options for consumers. Moreover, the increasing number of initiatives by governments favoring sustainable farming has led to increased production of organic wine. The higher availability of organic wine and awareness of the product benefits is significantly contributing to the demand for organic wine.
In 2021, Europe held the key share of the global organic wine market. However, North America is estimated to register the highest CAGR in the market during the forecast period. The organic wine market in North America is segmented into the US, Canada, and Mexico. The US is among the major consumers of wine by volume. The country also has a growing number of organic vineyards and large imports of wine from Europe, as per data published by United Nations.
The COVID-19 pandemic significantly disrupted the manufacturing sector in terms of operational efficiency, owing to extended lockdowns, manufacturing unit shutdowns, travel restrictions, international trade bans, supply chain disruptions, and shortages in raw materials supply. This eventually hampered the organic wine market. The disruption of the food & beverages industry due to the economic slowdown caused by the outbreak also hindered the market growth. However, businesses have recovered as previously imposed limitations are being eased across various countries. The temporary disruption followed by recovery has resulted in high growth for the organic wine market.
The introduction of COVID-19 vaccines by governments of multiple countries has further eased the situation, leading to a rise in business activities worldwide. Moreover, governments of several countries are planning to develop modern and technologically advanced infrastructure to mitigate the economic impacts of the COVID-19 pandemic. During the lockdown, consumers purchased wine by themselves instead of purchasing it from hotels, restaurants, and bars, which resulted in high growth in the sales of organic wine. Thus, despite the adverse effects of the COVID-19 pandemic, the organic wine market is expected to grow significantly in the coming years.
Organic wine is becoming increasingly popular because it is made from grapes that comply with organic agricultural practices. Artificial & chemical fertilizers, fungicides, insecticides, and herbicides are not allowed by government bodies for production. Organic wine is healthier as it contains many antioxidants, vitamins, and minerals. Resveratrol, found in red wine, help decrease cholesterol and prevent cancer. Several organizations, such as USDA Organic, Demeter, and Eco Cert, regulate and support organic wine production.
Based on type, the global organic wine market size is bifurcated into still and sparkling. In 2021, the still segment accounted for a larger market share. However, the sparkling segment is expected to rise at a higher CAGR during the forecast period. Most still wines are developed for immediate drinking, whereas a few are manufactured to benefit from bottle aging in optimum cellar conditions. These still organic wines are made from grape juice that has been fermented. Moreover, due to the availability of different variations with induced spices and fruit smells, still organic wine is projected to witness high demand. As a result, the still organic wine segment is expected to rise during the forecast period.
Avondale, Elgin Ridge Wines, Kendall-Jackson, The Organic Wine Company, Bronco Wine Company, King Estate Winery, Grgich Hills Estate, Emiliana Organic Vineyards, Società Agricola Querciabella Spa, and Frey Vineyards are the players operating in the organic wine market. These companies provide a wide range of product portfolios for the market. The companies have their presence in the developing regions, which offers lucrative opportunities for the market. Market players are developing high-quality, innovative products to meet customer requirements.
The regional trends and factors influencing the Organic Wine Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Organic Wine Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 12.47 Billion |
Market Size by 2028 | US$ 24.56 Billion |
Global CAGR (2022 - 2028) | 12.0% |
Historical Data | 2020-2021 |
Forecast period | 2023-2028 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The Organic Wine Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Organic Wine Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The "Global Organic Wine Market Analysis to 2028" is a specialized and in-depth study of the food & beverages industry with a special focus on the global organic wine market trend analysis. The report aims to provide an overview of the market with detailed market segmentation.
The organic wine market is segmented into type, packaging type, distribution channel, and geography. Based on type, the market is bifurcated into still and sparkling. Based on packaging type, the market is divided into bottles and cans. Based on distribution channel, the market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and direct selling. By geography, the market is broadly segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South & Central America.
The List of Companies - Organic Wine Market
Growing preference for organic products is expected to drive the demand for organic wine market. Organic wine is thought to be healthful since it contains a high number of antioxidants, vitamins, and minerals. Resveratrol, which is found in red wine, is thought to help decrease cholesterol and prevent cancer. Several organizations throughout the world regulate organic wine, including USDA Organic, Demeter, and Eco Cert, which are supporting the organic wine production.
In 2021, Europe accounted for the largest share in the global organic wine market. The European region is one of the hotspot regions for wine enthusiasts. The vibrant wine culture across Italy, Spain and even the Nordic countries are expected to provide plentiful opportunities for manufacturers operating in the current organic wine market.
North America consists of US, which has one of the highest consumptions for organic wine in the world. According to the International Organization of Vine and Wine, the US accounted for 14% of the total organic wine consumption in 2019. organic wine is highly consumed in the US. The factors driving the US organic wine market include increasing popularity amongst the younger population, rising demand for premium beverages with less alcohol content, and the increasing trend of gifting wine during special occasions.
Based on distribution channel, the global organic wine market is segmented into low bottles and cans. In 2021, the bottles segment accounted for the largest revenue share and cans is expected to account for the highest growth rate over forecast period. According to the Aluminum Association, 45.2% of aluminium cans will be recycled in 2021 and are expected to achieve 70% recycling capacity by 2030, more than any other type of container for the organic wine market. As a result, aluminium cans are regarded as one of the most cost-effective packaging alternatives for beverages products such as organic packaging.
The major players operating in the global organic wine market are Avondale; Elgin Ridge Wines; Kendall-Jackson; The Organic Wine Company; Bronco Wine Company; King Estate Winery; Grgich Hills Estate; Emiliana Organic Vineyards; Società Agricola Querciabella Spa; and Frey Vineyards.
Based on type, the global organic wine market is segmented into still and sparkling. In 2021, the still segment accounted for the largest revenue share and sparkling is expected to account for the highest growth rate over forecast period. As the living standards are increasing globally, the aspiration of consumers to consume premium quality luxury products is also expected to grow. Rapid socio-economic changes and fast-paced urbanization are bolstering the demand for sparkling wine.