Page 64 - Grapevine NovDec 2020
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International News




               Organic Wine Market





               Forecast to 2027






               COVID-19 Impact and Global


               Analysis by Packaging, Product



               Type, and Distribution Channel


              O          rganic wine is considered healthy as it    Based on packaging, the organic wine market is


                         has lots of antioxidants, vitamins, and
                                                                    segmented into plastic bottles, glass bottles, cans,
                         minerals.Resveratrol present in red wine
               is estimated to lower cholesterol and help prevent   and others.The glass bottle segment accounted for
                                                                    the largest share of the global organic wine market
               cancer.                                              in 2019, and the others segment is expected to
                                                                    grow at the highest CAGR during the forecast peri-
                 Organic wine is regulated by several bodies across  od.
               the globe, such
               as USDA Organic,                                                                         Glass bottle
               Demeter, and Eco     The global organic wine                                           packaging offers
               Cert.The sulfite                                                                       more shelf life
               use in organic       market  was valued  at  US$                                       and is very
               wine is consider-                                                                      strong.Glass
               ably lower than      7,460.  29  million  in  2019                                     bottle packaging
               in conventional                                                                        follows the pace
               wines.               and is projected to reach                                         of market devel-


                 In order to get    US$  16,647. 81 million by                                        opment.
               organic wine farm                                                                        Glass is the
               certification, sul-  2027; it is expected to grow                                      conventional
               than 100 mg per  at a CAGR of 10. 7% from                                              form of pack-
               fites must be less
                                                                                                      aging for liquid
               at all during wine- 2020 to 2027.                                                      products. Wines
               liter or no sulfite
                                                                                                      can be stored in
               making phase.                                                                          glass bottles for
               Sulfite causes                                                                         many years as it
               headache, stomach pain, swelling, and diarrhea       does not react chemically with wine.
               to a certain percentage of population consuming
               wine. Organic wine is sulfite-free, which makes it     The global organic wine market is segmented into
               healthier. This, in turn, is boosting the growth of   North America, Europe, Asia Pacific (APAC), Middle
               the organic wine market.                             East & Africa (MEA), and South America.Europe
                                                                    accounted for the largest share of the global organ-
               Page 62                       The Grapevine • November - December 2020                          877-892-5332





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