The Organic Wine Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Organic Wine Global Market Report 2024, 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.
The growing interest of consumers in organic wines is expected to propel the growth of the organic wine market. Organic wine is a wholly natural and authentic wine that does not utilize synthesis chemical agents at any level of the manufacturing process. Organic products have recently gained popularity due to their numerous benefits. These health benefits include the avoidance of chemical use and ongoing changes in lifestyle and food consumption habits. For instance, November 2023, according to a report published by the International Organisation of Vine and Wine, a France-based intergovernmental organization, the production of organic wine in Italy reached nearly 3 million hectolitres in 2021, representing a notable increase of almost 60% over the last three years. This accounted for 6% of the total wine production in the country. Therefore, consumers’ growing interest in organic wine drives the market.
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The organic wine market covered in this report is segmented –
1) By Product Type: Red Organic Wine, White Organic Wine
2) By Packaging: Bottles, Cans, Other Packagings
3) By Distribution Channel: Business-to-Business (B2B), Business-to-Consumer (B2C), Online Retailing
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.
The organic wine market report table of contents includes:
- Executive Summary
- Organic Wine Market Characteristics
- Organic Wine Market Trends And Strategies
- Organic Wine Market – Macro Economic Scenario
- Global Organic Wine Market Size and Growth
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- Global Organic Wine Market Competitive Benchmarking
- Global Organic Wine Market Competitive Dashboard
- Key Mergers And Acquisitions In The Organic Wine Market
- Organic Wine Market Future Outlook and Potential Analysis
- Appendix
Top 5 Major Key Players Are:
- Avondale Wine
- Elgin Ridge Wine Estate
- Kendall-Jackson Wine Estate and Gardens
- The Organic Wine Company
- Bronco Wine Company
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