The organic wine market research report examines the key questions around the implications of COVID-19 and provides a recovery analysis and outlook for the market in focus. The market has witnessed a neutral impact due to the COVID-19 situation. The research analysts at Technavio expects the organic wine market to grow by USD 5.23 billion during the forecast period, accelerating at a CAGR of over 8%.
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Technavio has announced its latest market research report titled Global Organic Wine Market 2020-2024 (Graphic: Business Wire).
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Organic Wine Market Segmentation Analysis by Product
Organic still wine
Organic sparkling wine
Organic still wine segment accounted for the largest organic wine market share. Still wine is one of the most widely consumed and easily available alcoholic drinks. These wines are produced by fermenting grape juice. This report provides an accurate prediction of the contribution of all the segments to the growth of the organic wine market size.
Organic Wine Market Regional Analysis
The report covers regional analysis for APAC (India, China, Japan, and South Korea), Europe (Germany, France, UK, Italy), North America (US, Canada, Mexico), South America (Brazil, Argentina, Columbia), and MEA (UAE, Saudi Arabia, Iran).
40% of the growth will originate from the European region.
Factors such as the rise in the number of lounges and bars, owing to the increased spending during social gatherings. Additionally, the increased consumption of alcoholic beverages, such as wines and beers by women will significantly drive organic wine market growth in this region over the forecast period.
France, Itay, and Germany are the key markets for organic wine in Europe.
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Organic Wine Market: Key Market Drivers
Organic wine market is expected to be driven by the health benefits of wine. One of the health benefits associated with the consumption of wine is that wine promotes longevity. It is estimated that the consumption of wine is likely to result in a 34% lower mortality rate compared to beer or spirit. Moreover, wine is believed to reduce the risk of heart disease and type 2 diabetes. Wine also helps in reducing the risk of colon cancer and it also slows down brain decline.
Rising Trend of Organic Wine Tourism will be a Key Market Trend
The rising trend of organic wine tourism is also expected to drive the growth of the market. Wine tourism helps consumers taste different varieties of exotic wines available and increase the volume sales of conventional and organic wines. Major vendors, such as InVivo and King Estate Winery, offer consumers wine tasting services. The organization of national and international wine festivals has played a major role in increasing revenue in the global sparkling red wine market. Moreover, the rising income of consumers, attractive travel destinations, and the growing consumption of wines have led to a steady growth in the global wine tourism market.
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Organic Wine Market 2020-2024 : Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist organic wine market growth during the next five years
Estimation of the organic wine market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the organic wine market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of organic wine market vendors
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Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Product
Comparison by Product
Organic still wine - Market size and forecast 2019-2024
Organic sparkling wine - Market size and forecast 2019-2024
Market opportunity by Product
Market Segmentation by Distribution channel
Comparison by Distribution channel
Offline - Market size and forecast 2019-2024
Online - Market size and forecast 2019-2024
Market opportunity by Distribution channel
Europe - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Impact of COVID-19 pandemic on the global market
Key leading countries
Market opportunity by geography
Market positioning of vendors
Bronco Wine Co.
Casella Wines Pty. Ltd.
Emiliana Organic Vineyards
Jackson Family Wines Inc.
King Estate Winery
The Organic Wine Co.
The Wine Group LLC
Vina Concha y Toro SA
Scope of the report
Currency conversion rates for US$
List of abbreviations
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.
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