That’s a projection by Transparency Market Research. If correct, the organic wine market valuation would hit $30 billion by 2030.
To support that projection, Transparency says more consumers are buying organic products, spurred by growing environmental concerns. Organic wines aren’t just for drinking, the study says. They are also in high demand across varied industries such as pharmaceuticals, nutraceuticals, bakery goods, and confectionery. This aside, the product is increasingly used for different medical purposes, owing to the presence of resveratrol, which offers numerous health benefits such as improving immunity levels and metabolism, preventing diseases and ageing, and maintaining body warmth.