North America Organic Wine Market Forecast to 2027 – COVID-19 Impact and Analysis – By Packaging (Plastic Bottles, Glass Bottles, Cans, and Others), Product Type (Red Organic Wine and White Organic Wine), and Distribution Channel (Food Service, Supermarkets and hypermarkets, Specialist Retailers, Online Channel, and Others)
Number of Pages: 65
Market Introduction
North America is estimated to register the fastest CAGR in the market over the forecast period. North America is likely to account for a remarkable share of the organic wine market during the forecast period. Consumers in the North American countries are shifting their preferences toward a healthy lifestyle and prefer products that are naturally produced. The use of natural and chemical-free products has increased over the past few years due to rising awareness regarding the benefits associated with organic wine among health-conscious consumers.
Market Overview and Dynamics
The organic wine market in North America is expected to grow from US$ 1630.33 million in 2019 to US$ 3895.59 million by 2027; it is estimated to grow at a CAGR of 11.6% from 2020 to 2027. Organic wine is made without using prohibited substances or genetic engineering. It undergoes the same rigorous requirements of USDA organic certification as other products throughout its lifecycle. Further, in addition to being overseen by the USDA National Organic Program, it has to meet the requirements of the Alcohol and Tobacco Tax and Trade Bureau, especially for sulfite labelling requirements. Before wine can be sold as organic, both the growing of the grapes and their conversion to wine must be certified.
COVID 19 has impacted the major countries of North America. Most of the countries in the region are under lockdown, which is impacting the organic wine market. The US has the highest number of confirmed cases of the COVID-19 infection among all North American countries. This is likely to impact the food and beverages industry in the region, mainly due disrupted supply and distribution chains.
Key Market Segments
In terms of packaging, the glass bottle segment accounted for the largest share of the North America organic wine market in 2019 In terms of packaging, red organic wine held the largest market share in 2019. In terms of distribution channel, supermarkets and hypermarkets account for the largest share of the North America organic wine market.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the North America organic wine market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Avondale, The Organic wine company, Bronco Wine Company, King Estate Winery, Grgich Hill Estate, and Frey Vineyards.
Reasons to Buy Report
- Understand the North America organic wine market landscape and identify segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive market landscape in North America
- Efficiently plan mergers and acquisitions, and partnership deals in the North America organic wine market by identifying market segments with the most promising probable sales
- Take knowledgeable business decisions from perceptive and comprehensive analysis of performance of various market segments
- Obtain market revenue forecast for market by various segments for the period 2019–2027
North America Organic wine Market Segmentation
North America Organic wine Market, by Packaging
- Plastic bottle
- Glass bottle
- Cans
- Other
North America Organic wine Market, by Product Type
- Red Organic Wine
- White Organic Wine
North America Organic wine Market – by Distribution Channel
- Food Service
- Supermarket and Hypermarket
- Specialist retailers
- Online channels
- Others
North America Organic wine Market – by Country
- US
- Canada
- Mexico
Company Profiles
- Avondale
- The Organic wine company
- Bronco Wine Company
- King Estate Winery
- Grgich Hill Estate
- Frey Vineyards