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International News
ic wine market in 2019, followed by North America global travel bans imposed by countries in Europe,
and Asia Pacific, respectively. Asia, and North America are affecting the business
collaborations and partnerships opportunities. All
The western region of Europe is known for its these factors are anticipated to affect the industries
higher standards of living, with people having a in a negative manner and thus act as restraining
higher income level.It is considered as one of the factor for the growth of organic wine market.
wealthiest regions on the European continent, with Avondale, ELGIN RIDGE WINES, The Organic Wine
per capita gross domestic product higher than the Company, Bronco Wine Company, King Estate
other parts. Winery, GRGICH HILLS ESTATE, EMILIANA, Società
Agricola Querciabella SpA, Frey Vineyards, and La
Europe is a mature and well-established market cantina Pizzolato S.r.l are among the key players
for organic wine.The increased accessibility and present in the global organic wine market.
visibility of organic wine in retail outlets is making
it more convenient for consumers to purchase such The overall global organic wine market size has
products. been derived in accordance with both primary and
secondary sources.To begin the research process,
This improved accessibility and visibility would, in exhaustive secondary research has been conducted
turn, propel the sale of organic wine in Europe over using internal and external sources to obtain qual-
the forecast period. itative and quantitative information related to the
market.
Impact of COVID-19 Pandemic
on Organic Wine Market Also, multiple primary interviews have been con-
ducted with industry participants and commenta-
The COVID-19 outbreak first began in Wuhan, tors to validate the data, as well as to gain more
China, during December 2019 and since then it has analytical insights into the topic. The participants
spread at a fast pace across the globe.As of August typically involved in this process include industry
2020, the US, Brazil, India, Russia, Spain, and the experts, such as VPs, business development man-
UK are some of the worst affected countries in agers, market intelligence managers, and national
terms confirmed cases and reported deaths. sales managers, along with external consultants,
such as valuation experts, research analysts, and
The COVID-19 outbreak has been affecting econ- key opinion leaders specializing in the global organ-
omies and industries in various countries due to ic wine market.
lockdowns, travel bans, and business shutdowns.
Food & beverages is one the world’s major indus- Read the full report: https://www.reportlinker.
tries suffering serious disruptions, such as supply com/p05978097/?utm_source=GNW
chain breaks, technology event cancellations, and
office shutdowns, as a result of this outbreak.
For instance, China is the global hub of manu-
facturing and the largest raw material supplier for
various industries and it is also one of the worst
affected countries.The lockdown of various plants
and factories in China is affecting the global supply
chains and negatively impacting the manufacturing,
delivery schedules, and sales of various materials.
Various companies have already announced possi-
ble delays in product deliveries and slump in future
sales of their products. In addition to this, the
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