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Global Organic Wine Market Analysis With COVID-19 Recovery Plan and Strategies for the Consumer Staples Industry | Technavio


The organic wine market research report examines the key questions around the implications of COVID-19 and provides a recovery analysis and outlook for the market in focus. The market has witnessed a neutral impact due to the COVID-19 situation. The research analysts at Technavio expects the organic wine market to grow by USD 5.23 billion during the forecast period, accelerating at a CAGR of over 8%.

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Organic Wine Market Segmentation Analysis by Product

Organic still wine segment accounted for the largest organic wine market share. Still wine is one of the most widely consumed and easily available alcoholic drinks. These wines are produced by fermenting grape juice. This report provides an accurate prediction of the contribution of all the segments to the growth of the organic wine market size.

Organic Wine Market Regional Analysis

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Organic Wine Market: Key Market Drivers

Organic wine market is expected to be driven by the health benefits of wine. One of the health benefits associated with the consumption of wine is that wine promotes longevity. It is estimated that the consumption of wine is likely to result in a 34% lower mortality rate compared to beer or spirit. Moreover, wine is believed to reduce the risk of heart disease and type 2 diabetes. Wine also helps in reducing the risk of colon cancer and it also slows down brain decline.

Rising Trend of Organic Wine Tourism will be a Key Market Trend

The rising trend of organic wine tourism is also expected to drive the growth of the market. Wine tourism helps consumers taste different varieties of exotic wines available and increase the volume sales of conventional and organic wines. Major vendors, such as InVivo and King Estate Winery, offer consumers wine tasting services. The organization of national and international wine festivals has played a major role in increasing revenue in the global sparkling red wine market. Moreover, the rising income of consumers, attractive travel destinations, and the growing consumption of wines have led to a steady growth in the global wine tourism market.

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Organic Wine Market 2020-2024 : Key Highlights

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Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Product

Market Segmentation by Distribution channel

Customer Landscape

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses 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.


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