Wine has been produced and consumed for thousands of years. Up until the nineteenth century, wine was made naturally without the use of chemical fertilizers and pesticides. Today, over half a million hectares of land is dedicated to organic grape production worldwide. With the rise of health-conscious consumers, a focus on sustainable farming practices, and an increase in disposable incomes, there has been a resurgence in interest in natural products, including wine. Organic wines are made from grapes grown and processed under strict organic standards and are free of synthetic chemicals. Find out the best info about Organic Wines.
The global market for organic wine is expected to grow at a CAGR of over 10% from 2022 to 2030. The growth of this market is driven by increasing consumer awareness about conscious eating and drinking habits & choices, an increase in disposable incomes, and rising environmental concerns.
According to the report, Europe accounted for the largest revenue share of the global organic wine market in 2021. This is attributed to the high demand for organic wines from millennials and young generations in the region. The COVID-19 pandemic has also contributed to the growth of the European organic wine market as it forced people to work from home and avoid public places like pubs and bars. This has prompted them to purchase wines directly from retail outlets such as supermarkets and hypermarkets.
Moreover, North America’s demand for organic wine is rising due to millennials’ increasing demand for healthy drinks. In addition, the popularity of vegan and vegetarian foods has led to an increased demand for organic wine in the region as it is free from animal products. The key players in the global organic wine market are focusing on launching different types of wines that suit the needs of the diverse consumer base across the globe. They also offer concessions with e-Commerce platforms to boost their sales.
The report provides a detailed analysis of the global organic wine market by segmenting it based on type, packaging type, distribution channel, and geography. By type, the market is segmented into still and sparkling. By packaging type, it is divided into bottles and cans. By distribution channel, it is bifurcated into supermarkets and hypermarkets, specialty stores, direct selling, and online retail. The report includes the forecast for these segments from 2022 to 2030 and their respective CAGRs.
The report gives a complete overview of the entire value chain in the organic wine market, starting with the market definition and ending with the market trends. It covers all the essential details for the customers to understand the market, including market dynamics, competitive landscape, pricing analysis, and growth strategies. It also includes a comprehensive section on the key players in the market. Moreover, the report also offers their critical business and strategic developments in the market.
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