The Organic Wine Market is being driven by Rising trend of organic wine tourism
The Organic Wine Market is expected to grow at a CAGR of 10.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 7354.6 million. Duty-free retailing, particularly at airports, has gained significant traction in the organic wine market due to its tax-exempt status and competitive pricing. Travelers frequently opt to purchase organic wines and other beverages from these stores, securing savings on their alcoholic purchases. The global airport retailing sector's growth is accelerating, with numerous airports undergoing renovations to accommodate expansive retail spaces and shopping centers. Additional factors, such as mandatory two-hour check-ins, delayed flights, and last-minute shopping, further bolster the market's revenue.
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The market is segmented based on segments_for_ai.nslist
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
192 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 10.4% |
Market growth 2025-2029 |
USD 7354.6 million |
Market structure |
Fragmented |
YoY growth 2024-2025(%) |
8.6 |
Key countries |
US, France, Germany, Italy, China, Canada, Japan, Brazil, India, and UAE |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The organic wine market encompasses the sale of white organic wines through e-commerce channels, produced from vinified grapes in certified vineyards using natural yeasts. Contrasting conventional wines, organic wines are free from pesticides, fungicides, herbicides, and chemical fertilizers. Consumers increasingly prefer organic wines for their naturalness and healthiness, available in both glass bottles and aluminum cans, including red and white varieties. The wine business caters to this trend, focusing on the production and distribution of red organic wine and white organic wine.
The organic wine sector encompasses producers of red and white organic wines. In the realm of e-commerce, the market for organic wines is experiencing substantial expansion. This growth can be attributed to the rising demand for organic and natural products, as well as the increasing number of certified organic vineyards. The use of natural yeasts in the production process further adds to the authenticity and appeal of organic wines. The organic certification ensures that these wines are produced without the use of synthetic fertilizers, pesticides, or other harmful chemicals. The market for organic wines is poised for continued growth, fueled by consumer preferences for healthier and more sustainable food and beverage options. The shift towards organic production in the wine industry is a significant trend that is here to stay.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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