Organic Wine Market to Expand at a CAGR of 10.8% during Forecast Period: TMR Study

WILMINGTON, DE / ACCESSWIRE / October 6, 2022 / Transparency Market Research Inc. - By 2030, the organic wine market size is anticipated to touch value of around US$ 30 Bn. The global market study on organic wine projects the market to develop at 10.8% CAGR during the forecast period, from 2020 to 2030.Expansion of the global organic wine market is largely due to the rising demand from customers who are concerned about their health and growing inclination toward natural and organic products. The market is also expected to be driven by efforts to improve soil health, an increase in wine exhibits, and growing vegan tendencies. Due to the substantial presence of tier 1 as well as tier 2 winemaking firms and suitable climatic conditions, Europe is anticipated to lead the demand of organic wine market.

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The growing demand for organic wine from a variety of businesses, such as bakery items, confectionary, medicines, and nutraceuticals, will keep the trend alive. Resveratrol, which is present in organic wine and aids in illness and aging prevention, is utilized in medicine. In addition, it raises body temperature, boosts immunity, and promotes improved metabolism. A growing consumer preference for no- and low-alcohol wine options, supported by rising health and wellness consciousness, is another factor expected to drive the global organic wine market.

Given the growing number of organic wine producers and growing consumer understanding about the health advantages of organic wine, Europe currently maintains a significant market share and is expected to dominate the global organic wine market in the near future. The organic wine market in developing countries is likely to observe expansion in the forthcoming years.

Key Findings of Market Report

  • Modern trends favor new packaging options, including boxes and tetra packs, that offer consumers comfort and long-term wine quality protection. Comparatively, glass wine bottles are substantially heavier than plastic wine packaging, which allows for less-energy-intensive shipping. Furthermore, boxes prolong the lifespan of open wine, preventing wine wastage. They are also recyclable. The global market is predicted to be driven by such packaging innovations.

  • The global market for organic wine is projected to develop as a result of the growing focus on biodynamic farming techniques. Farmers, academics, government agencies, retailers, and winemakers have been putting more emphasis on improving soil health and reducing carbon emissions, which is expected to boost the market.

  • Growing demand for organic wine across restaurant and retail industries is anticipated to present organic wine market manufacturer with immense growth prospects. According to changing trends, intake of organic wine is rising quickly, especially in France and Germany.

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Global Organic Wine Market: Key Players

Some of the key market players are

  • Societa Agricola Querciabella SpA

  • The Organic Wine Company

  • Grgich Hills Estate

  • Kendall-Jackon Winery

  • Bronco Wine Company

  • Emiliana Organic Vineyards

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Global Organic Wine Market: Segmentation

Packaging

  • Plastic Bottles

  • Glass Bottles

  • Cans

  • Others

Product Type

  • Red Organic Wine

  • White Organic Wine

Distribution Channel

  • B2B

  • B2C

  • Online Retailing

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