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NEW YORK, May 11, 2022 /PRNewswire/ — According to the market outlook report, the Organic Wine Market will witness a YOY growth of 7.25% in 2022 at a CAGR of 8.32% during the forecast period. One of the main drivers of the Organic Wine Market is the rising trend of organic wine tourism.
The organic wine market forecast report extensively covers segmentation by:
For more insights on YOY and CAGR, Read our latest Sample Report
Vendor Insights
The Organic Wine Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read our Sample Report.
Geographical Market Analysis
Europe will account for 35% of the market’s growth. The organic wine market in Europe is dominated by France, Italy, and Germany. The market in this region will grow at a slower rate than the market in other regions.
Over the projection period, the growing use of alcoholic beverages by women, such as wines and beers, will aid the organic wine market growth in Europe.
Furthermore, countries such as the US, China, France, Italy, and Germany are expected to emerge as prominent markets for the Organic Wine Market during the forecast period.
Know more about this market’s geographical distribution along with a detailed analysis of the top regions. Download Detailed Sample Report.
Key Segment Analysis
The organic still wine sector will gain a major proportion of the organic wine market. Organic still wine refers to non-bubbled wines, which are one of the most popular and widely available alcoholic beverages worldwide. These are made from grape juice that has been fermented. Furthermore, due to the availability of different variations with induced spices and fruit smells, organic still wines are projected to see greater demand. As a result, the organic wine market will rise during the forecast period.
View Sample Report: to know additional highlights and key points on various market segments and their impact in coming years.
Key Market Drivers & Challenges:
One of the primary drivers of organic wine market growth is the growing trend of organic wine tourism. Wine tourism include wine tours, wine festivals, and visits to vineyards and wineries with the goal of sampling or purchasing various types of wines, including organic wines. Some vineyards provide other services such as restaurants, lodging, and recreational facilities in addition to wine tasting. Furthermore, wine tourism allows consumers to sample the various exotic wine varieties available while also increasing the number of conventional and organic wine sales. As a result, during the forecast period, such products will boost organic wine market expansion.
However, one of the issues restricting the organic wine market’s expansion is volatile fuel prices.
Download Sample Report for highlights on market Drivers & Challenges affecting the Organic Wine Market.
Customize Your Report
Don’t miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.
Do reach out to our analysts for more customized reports as per your requirements. Speak to our Analyst now!
Related Reports:
Alcoholic Beverages Market by Product and Geography – Forecast and Analysis 2022-2026
Gluten-free Beer Market by Type and Geography – Forecast and Analysis 2022-2026
Organic Wine Market Scope
Report Coverage
Details
Page number
120
Base year
2021
Forecast period
2022-2026
Growth momentum & CAGR
Accelerate at a CAGR of 8.32%
Market growth 2022-2026
$ 4.60 billion
Market structure
Fragmented
YoY growth (%)
7.25
Regional analysis
Europe, North America, APAC, South America, and Middle East and Africa
Performing market contribution
Europe at 35%
Key consumer countries
US, China, France, Italy, and Germany
Competitive landscape
Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled
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.
Market dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product
6 Market Segmentation by Distribution Channel
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
About Us:
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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