Global Organic Wine Market Expected To Grow At A CAGR
New York, August 21, 2020 (GLOBE NEWSWIRE) – Reportlinker.com Announces the Publication of the âGlobal Organic Wine Market, By Product Type, By Distribution Channel, By Region, Competition, Forecast and Opportunity, 2025â – https : //www.reportlinker.com/p05953177/? utm_source = GNW
The global organic wine market is expected to grow at a CAGR of around 12% and exceed $ 15 billion by 2025 owing to various growth factors such as increasing consumer awareness of organic wine coupled with growing recognition niche product categories, such as organic and natural products. , in the food and beverage sector. The trends in organic food and drink around the world are primarily driven by the declining interest in chemical-based farming techniques.
In addition, certified organic wines contain less sugar and do not contain harmful additives such as flavoring chemicals or artificial colors. The chemicals and higher sugar levels are known for common wine-related headaches.
In addition, the availability of a wide variety of wines and the expansion of organic vineyards are expected to propel the demand in the organic wine market in the years to come.
The global organic wine market is segmented on the basis of product type, distribution channel and region. Based on the type of product, the market is segmented into organic sparkling wine and organic still wine.
Organic sparkling wine dominates the global organic wine market and the product segment is expected to continue to dominate during the forecast period owing to factors such as the trend towards premiumization and consumers preferring sparkling wine over others, mainly during of occasions and celebrations. In addition, changing lifestyles and the influence of social media on all generations, along with growing social parties, are driving the consumption of organic sparkling wine, globally, especially in developed countries. ‘Europe and North America.
Based on the distribution channel, the market is categorized into supermarkets / hypermarkets, specialty stores, online shops (bars, restaurants and hotels) and online. The âsupermarket / hypermarketâ segment dominates the global organic wine market with increasing preference and popularity of supermarkets / hypermarkets in developing countries.
As offline sales experience declining growth, market players are now focusing on increasing sales through online distribution channels in the ongoing global pandemic situation.
At the regional level, the European region, which has remained a major hub for wine lovers for decades, due to the flourishing wine culture in Spain, Italy and France, should offer a large place to producers operating in the region. current organic wine market. The Chemical The free-form trend has grown tremendously across the European region as consumers continue to demand transparency from beverage manufacturers regarding ingredients, production or manufacturing processes, content nutritional, etc.
In recent years, European winemakers have increasingly focused on producing wine using natural yeasts. Also, a series of projects have been initiated to make wine production more sustainable in order to reduce the ecological footprint.
The main players operating in the global organic wine market are Bonterra Vineyards, Banfi Vintners, The Organic Wine Company, Harris Organic Wine, Emiliana Organic Vineyards, King Estate Winery, The Wine Group, Treasury Wine Estates, Concha y Toro, DeLoach Vineyards, The Organic Wine Company, Armit Wines, Chateau Maris, Grgich Hills Estate, Chateau Maris and others. Various key global organic wine producers are introducing a variety of products to suit changing consumer demand and off-premises retailer brands.
Years considered for this report:
Historical years: 2015 – 2025
Baseline year: 2019
Estimated year: 2020
Forecast period: 2021 – 2025
Goal of the study:
â¢ To analyze and forecast the market size of the global organic wine market.
â¢ Classify and forecast the global organic wine market based on product type, distribution channel and region.
â¢ Identify the drivers and challenges of the global organic wine market.
â¢ Examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in the global organic wine market.
â¢ Perform price analysis for the global organic wine market.
â¢ Identify and analyze the profile of the main players operating in the global organic wine market.
The analyst performed both primary and secondary research exhaustive for this study. The analyst conducted primary research surveys of the companies identified.
During the interview, respondents were also asked about their competitors. Using this technique, the analyst was able to include manufacturers who could not be identified due to the limitations of secondary research.
The analyst looked at the manufacturers and the presence of all the major players across the globe.
The analyst calculated the size of the global organic wine market using a top-down and bottom-up approach, in which data from various end-user segments has been recorded and forecast for years to come. The analyst obtained these values ââfrom industry experts and company representatives and validated them externally by analyzing historical data for these types of products and applications to arrive at an appropriate overall market size.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also investigated by the analyst.
Key target audience:
â¢ Manufacturers and suppliers of organic wines
â¢ Government bodies such as regulatory authorities and policy makers
â¢ Organizations, forums and alliances related to the organic wine market
â¢ Market research and consulting firms
The study is useful for providing answers to several critical questions that are important to industry players such as manufacturers, suppliers and partners, end users, etc., in addition to enabling them to develop investment strategies and capitalize on market opportunities.
Scope of the report:
In this report, the global organic wine market has been segmented into the following categories in addition to industry trends which have also been detailed below:
â¢ Market, by type of product:
o Organic Sparkling Wine
o Organic still wine
â¢ Market, by distribution channel:
o Supermarket / Hypermarket
o Specialized stores
o On-Trade (Hotels, Bars & Restaurant)
â¢ Market, by region:
o North America
o South America
o Middle East and Africa
Company Profiles: Detailed analysis of the major companies present in the global organic wine market.
With the market data provided, we offer customizations based on the specific needs of a business. The following customization options are available for reports:
â¢ Detailed analysis and profiling of additional market players (up to five).
Read the full report: https://www.reportlinker.com/p05953177/?utm_source=GNW
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