A recent report published by
Infinium Global Research on the organic wine market provides an in-depth analysis of
segments and sub-segments in the global as well as regional organic wine
market. The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional organic wine market over the short term
as well as long term. The report is a comprehensive presentation of trends,
forecast and dollar values of the global organic wine market. According to the
report, the global organic wine market is projected to grow at a CAGR of 10.6%
over the forecast period of 2021-2027, growing from nearly USD 9.14 billion in
2021 to about USD 16.76 billion in 2027.
The conventional farming methods
include the use of fertilizers and pesticides with synthetic chemicals. The
synthetic chemicals used in fertilizers and pesticides are found to have a
negative impact on human health and the environment. Many farmers are using
alternative agriculture products to avoid such negative effects of synthetic
chemicals. Moreover, farming with the help of these natural fertilizers and
pesticides is referred to as organic farming. The wine produced by grapes that
are grown organically are considered is considered organic wine. Various
certification organizations grant organic certificates to winemakers who use
grapes that are grown with the set guidelines. Furthermore, selected players in
the wine industry operate in the organic wine market, as it is a niche market.
The COVID-19 outbreak had a fairly
positive effect on the organic wine market. The spread of COVID-19 propelled
the awareness about a healthy lifestyle including physical exercise, a healthy
diet, and self-care among people. Moreover, the demand for nutritious food and
beverages increased among consumers in order to build their immunity. The
artificial chemicals used in foods and beverages are believed to have negative
effects on health. Thus, consumers avoided foods with synthetic chemicals in
them. Many consumers turned to organic foods and beverages owing to their
perceived advantages over traditional products. Furthermore, many governments
across the world offered monetary stimulus for the agriculture sector during
the pandemic. This, in turn, encouraged the farmers to grow organic grapes,
driving the organic wine market.
The increasing awareness among
consumers regarding organic products and their benefits is majorly driving the
growth of the organic wine market. Several research studies have found that the
chemicals used in fertilizers and pesticides have negative effects on human
health and the environment. Many consumers have become aware of these side
effects of chemicals and are adopting an organic lifestyle, and exclusively
buying organic food and beverage. Moreover, the growing demand for organic
wines from restaurants, and cafes has further augmented the growth of the
organic wine market. Several restaurants and cafes have included organic wines
in their menus. While many restaurants serve exclusively organic foods and
beverages. The increasing number of such organic restaurants and cafes is
driving the demand for organic wines. However, the higher prices of organic
wines compared to traditional ones are majorly hampering the market growth.
Nevertheless, the advent of vegan-friendly, carbon-neutral, and biodynamic
organic wines is anticipated to offer growth opportunities to the market.
In terms of region, the global
organic wine market is segmented into North America, Europe, Asia-Pacific, and
the Rest of the World. Europe, among the regions, accounted for the largest
revenue in the global organic wine market. The domination of Europe is mainly
attributed to the higher awareness regarding organic foods and beverages among
consumers. Moreover, the higher income and higher spending capacity of the
consumers in the region are supporting the market growth in Europe.
Furthermore, the presence of several organic vineyards and organic wine brands
in the region is likely to boost the dominance of Europe in the global organic
wine market. On the other hand, the Asia-Pacific organic wine market is
expected to grow with the fastest CAGR among the regions. The growth is majorly
attributed to the government initiatives to promote organic farming.
The report on the global organic wine
market covers segments such as type, packaging, and distribution channel. On
the basis of type, the sub-markets include red organic wine, and white organic
wine. On the basis of packaging, the sub-markets include plastic bottles, glass
bottles, cans, and others. On the basis of distribution channel, the
sub-markets include hypermarkets/supermarkets, convenience stores, e-commerce,
The report provides profiles of
the companies in the market such as The Organic Wine Company, Avondale,
Emiliana Organic Vineyards, Elgin Ridge Wines, King Estate Winery,
Kendall-Jackon Winery, Bronco Wine Company, La cantina Pizzolato Srl, Societa
Agricola Querciabella SpA, and Xinjiang Tiansai Winery Co., Ltd.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of organic wine market. Moreover, the study highlights current market
trends and provides forecast from 2021-2027. We also have highlighted future
trends in the market that will affect the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an
insight into the market share of the leading players.