Red Organic Wine Segment to Dominate North America organic wine Market during 2020–2027
According to The Insight Partners market research study on “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)”, the market is expected to reach US$ 3895.59 million by 2027 from US$ 1630.33 million in 2019; it is estimated to grow at a CAGR of 11.6% from 2020 to 2027. The report provides trends prevailing in the North America organic wine market, and the drivers and restraints pertaining to the market growth. Increase in the number of organic vineyards as well as increase in the demand from the health conscious consumers are the major factors driving the growth of the North America organic wine market. However, due to the stringent regulations pertaining to organic wine in developing countries in North America hinders the growth of the market.
The organic wine market in North America is segmented into packaging, product type and distribution channel. Based on packaging, the market is segmented into plastic bottles, glass bottles, cans, and others. In 2019, the glass bottle segment held the largest share of the North America organic wine market. Glass bottle packaging for an organic wine is a kind of rigid packaging, which also has many benefits. Firstly, the glass bottle packaging is strong, the shelf life is longer, and it can be recycled. From an aesthetic point of view, the printed design of the metal surface is more flexible and more attractive in appearance. The advertising period of glass bottle packaging is very long, and they can stay in consumers’ home for a long time. Glass bottle packaging is not a new thing, it follows the pace of market development. Glass is the traditional form of packaging for liquid products. Glass bottles are packaging containers for food and beverages and many products.
Avondale, The Organic wine company, Bronco Wine Company, King Estate Winery, Grgich Hill Estate, and Frey Vineyards are among the leading companies in the North America organic wine market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2019 King Estate Winery introduced Inscription Pinot Noir.
The Report Segments the North America Organic wine Market as Follows:
North America Organic wine Market, by Packaging
- Plastic bottle
- Glass bottle
- Cans
- Others
North America Organic wine Market, by Product Type
- Red Organic Wine
- White Organic Wine
North America Organic wine Market – by Distribution Channel
- Food Service
- Supermarkets and Hypermarkets
- Specialist retailers
- Online channel
- Others
North America Organic wine Market – by Country
- US
- Canada
- Mexico