South Africa Organic Wine Market Size & Outlook, 2023-2030
South Africa organic wine market, 2018-2030 (US$M)
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South Africa organic wine market highlights
- The South Africa organic wine market generated a revenue of USD 140.2 million in 2023 and is expected to reach USD 273.0 million by 2030.
- The South Africa market is expected to grow at a CAGR of 10% from 2024 to 2030.
- In terms of segment, red organic wine was the largest revenue generating type in 2023.
- Red Organic Wine is the most lucrative type segment registering the fastest growth during the forecast period.
Organic wine market data book summary
| Market revenue in 2023 | USD 140.2 million |
| Market revenue in 2030 | USD 273.0 million |
| Growth rate | 10% (CAGR from 2023 to 2030) |
| Largest segment | Red organic wine |
| Fastest growing segment | Red Organic Wine |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Red Organic Wine, White Organic Wine |
| Key market players worldwide | Kendall-Jackson Wine Estates, Vinedos Emiliana, The Organic Wine Company, Bronco Wine Company, King Estate Winery, Grgich Hills Estate, Querciabella, Frey Vineyards |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.3% of the global organic wine market in 2023.
- Country-wise, Germany is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa organic wine market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 273.0 million by 2030.
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Organic Wine Market Scope
Organic Wine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa organic wine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to organic wine market will help companies and investors design strategic landscapes.
Red organic wine was the largest segment with a revenue share of 60.98% in 2023. Horizon Databook has segmented the South Africa organic wine market based on red organic wine, white organic wine covering the revenue growth of each sub-segment from 2018 to 2030.
According to Cape Ardor LLC, an online wine retailer, South Africa is known for producing quality wines, such as pinotage and Chenin Blanc, and has received several international awards. However, the industry struggles to charge competitive prices and is primarily concentrated in the affordable segment.
To transform the market and increase profits, there is a need to encourage consumers to move up into the value wine segment. Currently, only 9% of producers make sustainable profits, while 38% are incurring a loss.
Suggestions for driving premiumization include focusing on producing quality wines, targeting younger audiences, investing in sustainability and organic practices, and increasing production of popular varietals.
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Our clientele includes a mix of organic wine market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa organic wine market , including forecasts for subscribers. This country databook contains high-level insights into South Africa organic wine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa organic wine market size, by type, 2018-2030 (US$M)
South Africa Organic Wine Market Outlook Share, 2023 & 2030 (US$M)
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