Asia Pacific Organic Wine Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Still and Sparkling), Packaging Type (Bottles and Can), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Direct Selling)
The organic wine market in Asia Pacific is expected to grow from US$ 1,264.33 million in 2022 to US$ 2,445.12 million by 2028. It is estimated to grow at a CAGR of 11.6% from 2022 to 2028.
The use of natural and chemical-free products has risen recently as health-conscious customers have become more aware of the product's benefits. The demand for organic wine has increased because of this trend. Organic wine grapes are processed according to strict guidelines on organic farming prohibiting using various artificial ingredients, such as synthetic fertilizers and pesticides. In industrialized countries, drinking wine at social events and festivities has become a status symbol, which is the fundamental reason for the rise in wine demand.
Furthermore, consumers' high discretionary income and the expansion of promotional and marketing methods have boosted the demand for organic wine. In recent years, ethical food consumption has increased in most developed countries. This current shift in postmodern consumerism can be described from various perspectives, including the expanding health-conscious niche market, the symbol of higher social and economic status, and the growing number of people concerned about the micro- and macro-effects of food and beverages. When pesticides are applied near a winery, they have the potential to leak into the water supply, food supply, and other areas. However, organic wines do not employ chemical-laden pesticides, making them significantly safer for neighboring families and farmworkers.
The organic wine sector has been expanding for several years, but as customers become more conscious of the food and beverage they consume, the sector is now proliferating. The advent of sustainable winemaking processes has encouraged the shift to organic wines, and this trend is projected to continue over the forecast period. Furthermore, a considerable increase in the number of wine exhibits and expos is expected to increase organic wine sales in the coming decade .
Asia Pacific Organic Wine Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Organic Wine Market Segmentation
The Asia Pacific organic wine market is segmented by type, packaging type, distribution channel, and country. Based on type, the market has been divided into still and sparkling. The still wine segment is dominating the market in 2022. It is further sub-segmented into red, white, and rose.
Based on packaging type, the market has been bifurcated into bottles and cans . The bottles segment is dominating the market in 2022.
Based on distribution channel, the market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and direct selling . The direct selling segment is dominating the market in 2022.
Based on country, the market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Further, China is dominating the market in 2022.
A few key players dominating the Asia Pacific organic wine market are Avondale, Bronco Wine Company, EMILIANA ORGANIC VINEYARDS, Frey Vineyards, GRGICH HILLS ESTATE, Kendall-Jackson, Società Agricola Querciabella SpA, and The Organic Wine Company.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific Organic Wine Market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific Organic Wine Market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Organic Wine Market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution"
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook