The Organic Wine Global Market Report 2023 by The Business Research Company, provides organic wine market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Organic Wine Global Market Report 2023, the market size is expected to grow from 9.73 billion in 2022 to $10.84 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the organic wines market is expected to reach $16.18 billion in 2027 at a CAGR of 10.5%.
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.
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The organic wine market 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
- Organic Wine Market Size And Growth
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- Middle East Organic Wine Market
- Africa Organic Wine Market
- Organic Wine Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Organic Wine Market
- Organic Wine Market Future Outlook and Potential Analysis
Top Major Players
- Avondale
- Elgin Ridge Wines
- Kendall-Jackon Winery
- The Organic Wine Company
- Bronco Wine Company
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