OrganicWine Market: Introduction
Arecent study published by Transparency Market Research on the organic winemarket comprises global industry analysis and opportunity assessment for 2020-2030. Revenuegenerated from the global organic wine market wasvalued at ~US$ 11 Bn in 2020, which isexpected to expand at a CAGR of ~10.8%,to reach ~US$ 30 Bn by 2030.
IncreasingPreference for Vegan Beverages among People to Augment Market Growth
Thevegan trend is moving in new directions; millennials are becoming increasinglyhealth-conscious and environment sensitive. Vegan is a group of populationchoosing a plant-based diet and beverage products to protect the environmentand take better care of their health. Vegan wines are also gaining popularityamong consumers. Vegan wines are made without using any animal products orbyproducts in any step of farming or vinification processes. Traditionally,casein or a protein found in milk-egg white was used to remove any microor tiny particles from wine that cannot be removed using the filtration method.At present, winemakers either use bentonite, a form of pea protein or clayto remove particles with the use of non-animal fining products or leave theparticle to sink naturally to the bottom of the wine. This is providing newmarket prospects for vegan organic wine.
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