North America Organic Wine Market Key Companies and SWOT Analysis by 2027
North America Organic Wine Market Forecast to 2027 - COVID-19 Impact and Regional 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
- Status : Published
- Report Code : TIPRE00016271
- Category : Food and Beverages
- No. of Pages : 65
- Available Report Formats :
- Last update date : December 22, 2020
2019 Market Size
US$ 1630.33 Mn
Base year value
2027 Forecast
US$ 3895.59 Mn
Projected by 2027
CAGR 2020-2027
11.6 %
Growth rate
Addressable Market
US$ 22,054.53 Mn
(2020-2027)
The North America organic wine market 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.
The US, Canada, and Mexico are major economies in North America. The increase in number of organic vineyards is driving the North America organic wine market. Organic wine is produced by cultivating grapes without the use of artificial fertilizers or harmful chemicals. Organic wine has started gaining traction in the wake of alarming health issues and rising focus on healthy living. The organically grown wine is capable of better retaining essential nutrients. Therefore, the rising demand for organic wine has positively influenced the rising number of organic vineyards. For instance, across the world and the number of organic vineyards has almost tripled from 2004 to 2011 - from 88,000 to 256,000 hectares. Other than this in US, and other major economies have significant contribution in the production of organic grapes and wineries. The climatic conditions, positive government approaches, focus toward sustainable farming are some of the important factors influencing the growth of the organic wine in the world. Apart from the rise in population demanding healthier food options, rising disposable income has fuelled organic wine demand. The well-established countries are specifically experiencing massive growth in demand for organic food. Moreover, favourable government regulations to promote wine's organic cultivation are further expected to fuel market growth. Therefore, increase in the organic vineyards boosts the growth of the organic wine market growth in North America.
Presently, major countries in North America are under lockdown due to the COVID 19 pandemic. In the high-impact countries in the region, isolation and social distancing measures have been put in place. The lesser production of goods and commodities is hampering the growth of the North America organic wine market as the demand for these solutions has declined over the past couple of months. The US has reported the highest number of confirmed cases of as the disease in this region. The outbreak and measures taken to contain the infection spread are likely to impact the food & beverages industry in the region, mainly due to disruptions in supply and distribution chain. In addition, the overall manufacturing processes, research, and development activities will also impact market growth.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America organic wine market. The market is expected to grow at a good CAGR during the forecast period.
North America Organic wine Market Revenue and Forecast to 2027 (US$ Mn)
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North America Organic Wine Market Segmentation
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
- Supermarket and Hypermarket
- Specialist retailers
- Online channel
- Others
North America Organic Wine Market – by Country
- US
- Canada
- Mexico
North America Organic Wine Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 1630.33 Million |
| Market Size by 2027 | US$ 3895.59 Million |
| CAGR (2020 - 2027) | 11.6% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Packaging
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
- Comprehensive Market Sizing and Forecast Analysis
- Detailed Segmentation Analysis
- In-Depth Market Dynamics Assessment
- Regional and Country-Level Insights
- Competitive Landscape and Company Benchmarking
- Strategic Business Intelligence
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