The organic wine market size is expected to grow by USD 5,019.97 million from 2022-2027, accelerating at a CAGR of 8.57%. The research report examines the key questions around the implications of COVID-19 and provides a recovery analysis and outlook for the market in focus. The market has witnessed a neutral impact due to the COVID-19 situation.
Organic Wine Market Segmentation Analysis by Product
Organic still wine
Organic sparkling wine
The organic still wine segment is the largest segment in the organic wine market. It is widely consumed and is an easily available alcoholic drink. These wines are produced by fermentation of grape juice. This report provides an accurate forecast of each segment’s share in the organic wine market growth.
Organic Wine Market Regional Analysis
The report includes regional analysis for APAC (India, China, Japan, and South Korea), Europe (Germany, France, UK, Italy), North America (US, Canada, Mexico), South America (Brazil, Argentina, Columbia), and MEA ( UAE, Saudi Arabia, Iran).
Europe will drive 35% of the growth in the organic wine market. Increase in the number of lounges and bars, owing to the increased spending during social gatherings will drive the market. Another factor driving organic wine market growth in Europe is the increased consumption of alcoholic beverages, such as wines and beers by women. France, Italy, and Germany are the largest markets for organic wine in Europe.
Global Organic Wine Market – Market Dynamics
Key factor driving market growth
The market for organic wine is anticipated to be driven by the health benefits of wine. Wine intake has a number of health advantages, including the promotion of longevity. When compared to beer or spirit, wine consumption is predicted to have a 34% lower death rate. Wine is also thought to lower the incidence of type 2 diabetes and heart disease. Additionally, wine lowers the risk of colon cancer and slows the aging process of the brain.
Leading trends influencing the market
Organic wine tourism is a new trend shaping the organic wine market growth. Wine tourism enables customers to sample the various unique wine varieties that are offered and boosts the volume of sales of both conventional and organic wines. Wine tasting services are provided to customers by well-known suppliers including InVivo and King Estate Winery. The planning of regional, national, and international wine festivals has significantly boosted sales in the sparkling red wine industry worldwide. Additionally, the worldwide wine tourism business has been expanding steadily due to rising consumer affluence, alluring travel destinations, and rising wine consumption.
Major challenges hindering the market growth
Government restrictions are making it difficult for the market for organic wine to expand. Production and labeling of organic wine are governed by strict guidelines established by various governing bodies of various governments. The market’s expansion may be negatively impacted by these laws. All organic alcoholic beverages sold in the US must adhere to the rules set out by the US Department of Agriculture (USDA) and the Alcohol and Tobacco Tax and Trade Board (TTB). All alcoholic beverage labels, according to the TTB, must be approved through the label approval application process (COLA).
Read More Regenerative Organic Certification (ROC) awarded to Grgich Hills Estate
