NEW
YORK, June 10, 2024 /PRNewswire/ -- The
global organic wine market size is estimated to grow by
USD 5.53 billion from 2024-2028,
according to Technavio. The market is estimated to grow at a CAGR
of over 8.76% during the forecast period. Rising trend
of organic wine tourism is driving market growth, with a
trend towards increasing distribution of organic wines through
duty-free retail stores. However, volatile fuel prices
poses a challenge. Key market players include Avondale, Banfi
S.r.l., Boutinot Ltd., Bronco Wine Co., Casella Wines Pty. Ltd.,
Charlie and Echo, Concha y Toro, Dry Farm Wines, Emiliana Organic
Vineyards, Frey Vineyards, Grands Vignobles En Mediterranee SARL,
GRANDS VINS JEAN CLAUDE BOISSET, Grgich Hills Estate, Harris
Organic Wines, Jackson Family Wines Inc., King Estate Winery,
Organic Wine Pty Ltd., Radford Dale Pty Ltd., The Organic Wine Co.,
and Vintage Roots Ltd..
![Technavio has announced its latest market research report titled Global organic wine market 2024-2028 Technavio has announced its latest market research report titled Global organic wine market 2024-2028](https://mma.prnewswire.com/media/2433436/IRTNTR44953_bw2.jpg)
Get a detailed analysis on regions, market segments, customer
landscape, and companies - View the snapshot of this
report
Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Product (Organic still
wine and Organic sparkling wine), Distribution Channel (Offline and
Online), and Geography (Europe, North America, APAC, South America,
and Middle East and Africa)
|
Region
Covered
|
Europe, North America,
APAC, South America, and Middle East and Africa
|
Key companies
profiled
|
Avondale, Banfi S.r.l.,
Boutinot Ltd., Bronco Wine Co., Casella Wines Pty. Ltd., Charlie
and Echo, Concha y Toro, Dry Farm Wines, Emiliana Organic
Vineyards, Frey Vineyards, Grands Vignobles En Mediterranee SARL,
GRANDS VINS JEAN CLAUDE BOISSET, Grgich Hills Estate, Harris
Organic Wines, Jackson Family Wines Inc., King Estate Winery,
Organic Wine Pty Ltd., Radford Dale Pty Ltd., The Organic Wine Co.,
and Vintage Roots Ltd.
|
Key Market Trends Fueling Growth
Organic wines have gained significant attention in duty-free
retail markets, particularly at airports. These tax-free purchases
offer travelers affordable prices on brands, making duty-free
stores a popular choice for wine buying. The trend towards airport
retailing is on the rise, with major airports undergoing
renovations to accommodate larger retail spaces.
Additional factors, such as early check-ins and flight delays,
contribute to the market's growth. Major brand owners' involvement
in duty-free retailing enhances their operational efficiency and
profitability, ensuring the continued expansion of the organic wine
market.
The organic wine market is experiencing significant growth with
increasing consumer preference for natural and healthier beverage
options. Wines made from organic grapes are in high demand due to
their absence of synthetic additives and pesticides.
The trend towards sustainable farming practices and eco-friendly
production methods is driving the organic wine industry. Consumers
are willing to pay a premium for these wines, making it a
profitable business opportunity for wineries. The market is seeing
innovation with new organic wine brands and varieties being
launched regularly. The future looks bright for the organic wine
industry with continued consumer interest and government support
for organic farming.
Research report provides comprehensive data on impact of trend.
For more details- Download a Sample Report
Market Challenges
- The global organic wine market faces challenges due to volatile
fuel prices, particularly gasoline. Gasoline, derived from crude
oil, influences logistics costs and cash flow. Organic wine
producers can mitigate risks through commodity derivative hedging
tools. Fuel price instability directly increases their operating
expenses.
- The Organic Wines market faces several challenges. Functions
such as production, distribution, and consumer understanding
require special attention. Herbicides and pesticides are common in
wine production, but organic methods are gaining popularity.
However, the cost of organic farming is higher, making it
challenging for producers.
- Consumers are becoming more aware of the benefits of organic
wines, but the lack of clear labeling and certification standards
can make it difficult for them to identify authentic organic wines.
Additionally, the high cost of organic wines can limit their
accessibility to a wider audience. The challenge for the industry
is to find ways to make organic wines more affordable and
accessible while maintaining their authenticity and quality.
For more insights on driver and
challenges - Download a Sample Report
Segment Overview
- Product
- 1.1 Organic still wine
- 1.2 Organic sparkling wine
- Distribution Channel
- Geography
- 3.1 Europe
- 3.2 North America
- 3.3 APAC
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Organic still wine- Organic wine market is
experiencing steady growth due to increasing consumer awareness and
preference for healthier and sustainable food options. This trend
is driving demand for organic wines, which are produced without the
use of synthetic fertilizers, pesticides, or additives. Major wine
producing countries, such as Italy, France, and the
United States, are investing in organic vineyards to meet
this growing demand. Organic wine sales are expected to continue
expanding, making it an attractive business opportunity for
wineries and retailers.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data (2018 -
2022) - Download a Sample Report
Research Analysis
The Organic Wine Market is experiencing significant growth due
to increasing consumer interest in healthier and more natural food
and beverage options. Unlike conventional wines, organic wines are
produced using vinified grapes that are grown in certified organic
vineyards without the use of pesticides, fungicides, or chemical
fertilizers. The organic certification ensures that the grapes are
grown in a sustainable and eco-friendly manner.
Organic wines are available in various types, including red and
white, and are packaged in glass bottles or aluminum cans. The use
of natural yeasts in the fermentation process adds to the
authenticity and naturalness of organic wines. The wine business is
responding to this trend by expanding its organic wine offerings,
with both red and white organic wines gaining popularity among
health-conscious consumers.
Market Research Overview
The Organic Wine Market encompasses the production,
distribution, and consumption of organic wines worldwide. These
wines are grown using natural methods and do not involve the use of
synthetic fertilizers, pesticides, or other chemicals. The organic
wine industry is witnessing significant growth due to increasing
consumer awareness and preference for healthier and more
sustainable food and beverage options.
Factors such as fungicides, terroir, and grape varieties play
crucial roles in the organic wine-making process. The market is
driven by various trends, including the rise of the millennial
generation, the growing popularity of plant-based diets, and the
increasing demand for clean-label products. Organic wines offer
unique flavors and health benefits, making them a popular choice
among consumers. The market is expected to continue its growth
trajectory in the coming years.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Product
-
- Organic Still Wine
- Organic Sparkling Wine
- Distribution Channel
-
- Geography
-
- Europe
- North America
- APAC
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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