Global Organic Wine Market Size, Status And Outlook 2021-2027
MarketInsightsReports, one of the world’s prominent market research firms has released a new report on Organic Wine Market. The report contains crucial insights on the market which will support the clients to make the right business decisions. This research will help both existing and new aspirants for Organic Wine market to figure out and study the market needs, market size, and competition. The report talks about the competitive scenario, and the challenges for market growth, market opportunities, and the threats faced by key players during the forecast period 2021-2027.
The organic wine market was valued at US$ 7,460.29 million in 2019 and is projected to reach US$ 16,647.81 million by 2027; it is expected to grow at a CAGR of 10.7% from 2020 to 2027.
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Top Companies in the Global Organic Wine Market: E&J Gallo, The Wine Group, Constellation Brands, Castel, Accolade Wines, Cantine Riunite & CIV, Concha y Toro, Treasury Wine Estates, Grupo Penaflor, Pernod-Ricard, Bronco Wine, Caviro, Trinchero Family Estates, Antinori, Changyu, Casella Family Brands, Diageo, China Great Wall Wine, Jacob’s Creek, Kendall-Jackson Vineyard Estates, and Others
Increase in Number of Organic Vineyards
Organic wine is produced by cultivating grapes without the use of artificial fertilizers or harmful chemicals. Organic wine has started gaining traction in the wake of alarming health issues and rising focus on healthy living. Therefore, rising demand for organic wine has positively influenced the number of organic vineyards. For instance, the number of organic vineyards worldwide has almost tripled from 2004 to 2011 – from 88,000 to 256,000 hectares. Further, according to the Research Institute of Organic Agriculture, Spain is considered one of the largest regions, which strongly contributes to the production and consumption of organic wine. In the country, almost 80,000 hectares of land is considered to be used for organic farming of grapes. Furthermore, France, Italy, the US, Turkey, and Germany are other major economies, which have significant contribution in the production of organic grapes and wineries. Favorable climatic conditions, positive government approaches, and focus toward sustainable farming are some of the important factors influencing thegrowth of the organic wine market worldwide. Moreover, increase in population demanding healthier food options, along with rise in disposable income has fueled the demand for organic wine.The well-established countries are specifically experiencing massive growth in demand for organic food. Moreover, favorable government regulations to promote organic grape cultivation are further expected to fuel market growth. All these factors are likely to increase the area and number of organic vineyards, thereby, proliferating the growth of the market.
This report segments the global Organic Wine market on the basis of Types are:
Organic Sparkling Wine
Organic Still Wine
On the basis of Application, the Global Organic Wine market is segmented into:
Supermarkets and Hypermarkets
Regional Analysis For Organic Wine Market:
For comprehensive understanding of market dynamics, the global Organic Wine market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
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Influence of the Organic Wine market report:
-Comprehensive assessment of all opportunities and risk in the Organic Wine market.
-Organic Wine market recent innovations and major events.
-Detailed study of business strategies for growth of the Organic Wine market-leading players.
-Conclusive study about the growth plot of Organic Wine market for forthcoming years.
-In-depth understanding of Organic Wine market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Organic Wine market.
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What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluates key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: The Global Organic Wine Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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