The organic wine market share will post an incremental growth of USD 4.60 billion, progressing at a CAGR of 8.32% during the forecast period. The rising trend of organic wine tourism will offer immense growth opportunities to market vendors. The organic wine market is fragmented, and the vendors are deploying growth strategies such as low-pricing strategies and strengthening the local customer base to compete in the market.
Technavio’s report on “Organic Wine Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2022-2026” provides a detailed market analysis of the prevalent market forces, trends, and challenges that are likely to impact the market in focus.
The organic wine market is segmented by Product (Organic still wine and organic sparkling wine), Distribution channel (Offline and online), and Geography(Europe, North America, APAC, South America, and the Middle East and Africa).
The growth of the organic wine market in the organic still wine segment will be significant during the forecast period. Due to the availability of several variants with induced spices and fruit aromas, organic still wines are expected to witness increased growth.
The rising trend of organic wine tourism will directly influence the sales of the organic wine market. In addition, the increasing distribution of organic wines through duty-free retail stores is one of the major organic wine market trends that will positively impact the market growth. However, the volatile fuel prices will hamper the organic wine market growth.
Some of the major organic wine market vendors are Avondale, Banfi Vintners, Boisset Family Estates, Boutinot Ltd., Bronco Wine Co., Casella Wines Pty. Ltd., Charlie and Echo, Frey Vineyards, Grands Vignobles En Mediterranee SARL, Grgich Hills Estate, Harris Organic Wines, Jackson Family Wines Inc., King Estate Winery, Organic Wine Pty Ltd, Radford Dale Pty Ltd, The Organic Wine Co., Vina Concha y Toro SA, Emiliana Organic Vineyards, Vintage Roots Ltd., and Winc Inc.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
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Precise market size estimation during the forecast period 2022-2026.
CAGR of the organic wine market forecast during 2022-2026.
Market-level data on units, average selling prices, and values of the organic wine market share.
Prediction on the upcoming trends, drivers, and factors that challenge the growth of the organic wine market.
Organic wine market industry growth across Europe, North America, APAC, South America, and the Middle East and Africa.
