Nevertheless, to satiate the high demand, considerable land area has been converted into vineyards to cater to the need for grapes that would be highly priced if sourced from outside the United States. This trend is a key factor in attracting new consumers and it consequently plays a role in the rising demand for the segment. As a Premium user you get access to the detailed source references and background information about this statistic. Your transaction & personal information is safe and secure. Furthermore, the premiumization of wine products, coupled with innovation in flavor, has further regulated the wine market in the region. WebThe global medical tourism market size was USD 11.56 billion in 2020. Supermarkets account for a substantial market share. September 22, 2021. Another emerging trend in the market segment includes the demand for organic wine, which currently represents a small portion of the overall wine market; its production and consumption have grown recently as a result of growing consumer interest in health and wellness. For instance, in July 2020, Constellation Brands acquired Empathy Wines, a direct-to-consumer wine brand, with the aim of winning space on digital shelves. Are you interested in testing our business solutions? The book highlights Modern wine tourism extends beyond the mere cultivation of grapes and the production and selling of wine. With restaurants, hotels, and bars shut or running on limited capacity, consumers have turned to food retailers as well as online portals to shop for the product. Access to this and all other statistics on 80,000 topics from, Show sources information b. The increase in the demand for wine in the US market has been creating lucrative opportunities for various players in the market. Dollars). The manufacturers, thus, procure grapes in bulk from these vineyards to produce wines at lower prices and fulfill the demand for locally produced wines. Register in seconds and access exclusive features. Chart. [4] Increased consumer interest in spritz drinks and propagation of aperitivo culture in the European region have been driving the demand for the segment. Table wine dominated the wine market with a share of 84.0% in 2020. Addition or alteration to country, regional & segment scope. Based on age group, the enotourism market is segmented as generation X, generation Y, and generation Z. Region-wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Italy, France, Spain, Germany, and the rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and the rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Argentina, and the rest of LAMEA). All Rights Reserved. The wine market is expected to grow at a compound annual growth rate of 6.4% from 2021 to 2028 to reach USD 685.99 billion by 2028. b. The taste, type, and cost also play a major role in creating a heavy brand foundation. Following the films release and success, the enotourism industry definitely saw a boost! T&C*. dollars)." The Report will be delivered in 24 - 72 hours. Please do not hesitate to contact me. The rising adoption of wine among all age groups from the young generation to the old age population across the globe is the key factor for market growth. Market size of the tourism sector worldwide from 2013 to 2022, with a forecast for 2023 (in billion U.S. dollars) [Graph]. A. All of the stringent regulations of government restrain the enotourism market growth. A paid subscription is required for full access. The wine tourism market worldwide was estimated to be worth around 8.7 billion U.S. dollars in 2020, a year in which the entire global tourism industry was hit hard by the coronavirus (COVID-19) pandemic. Also known as enotourism and vinitourism, wine tourism is a phenomenon that occurs around the globe- but what is it and why is it such an important part of the travel and tourism industry? Which segment accounted for the largest wine market share? And if you dont want a whole wine-focused holiday but still want a taste of the good stuff on your trip, there are plenty of day trips you can book! The US wine market is the largest of its kind in the world due to its high population, backed up by high disposable incomes. The US wine market is competitive, with the presence of several global as well as domestic players. As for tourism, wineries will attract 43 million tourists in 2017, who will contribute $17.7 billion to local economies. The market is divided into solo and group travelers. Chart. Are you interested in testing our business solutions? Wine tourism is a novel phenomenon in India (Kansara, 2019), growing among the urban crowd as a leisure activity and memorable experience (Singh & Wagner, 2019;Singh et al., 2020). VinoTrip, for example, offer wine tours in the following regions: From wine-and-golf weekends to champagne workshops, there is so much you can incorporate into wine tourism in France. Start reading instantly.This Report and over 19,836+ more Reports, Available with Avenue Library. The market is characterized by the presence of a few well-established players and several small and medium players.Mergers, acquisitions, and consolidations have been occurring among wineries worldwide. Clicking on the following button will update the content below. Registered office: 85 Great Portland street, First Floor, London, W1W 7LT. There are many benefits of wine tourism. Germany hosts around 7.3 million, and Italy around 5 million. Find your information in our database containing over 20,000 reports, global leader in terms of wine consumption. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Who are the key players in the wine market? Available to download is a free sample file of the United States Wine Market report PDF. March 2022: Meiomi Wines announced the release of the Red Blend, adding another flavor sourced from Meiomis signature California regions. European countries, especially Italy, France, and Spain, have been major producers of wines for centuries due to the abundant availability of grapes for wine production and the increasing demand for their wines globally. In-depth analysis of the market segmentation assists to determine the prevailing market opportunities. Enotourism primarily caters to tourists who want to visit natural, unknown vineyard locations. Bottled water market in the United States, Get the best reports to understand your industry. The United States Wine Market market is studied from 2016 - 2027. Wine tourism is a growing industry for the Kiwis, with a whopping 40,000 hectares of vineyard space across the country as opposed to just 400 hectares in 1960. Nanakramguda Rd, Financial District, Gachibowli. (February 1, 2023). Explore purchase options. "The quality of research they have done for us has been excellent.". Wine tours are so popular in California, and a real must-do if youre in the area and have a penchant for wine. What is domestic tourism and why is it so important? However, as United States consumers are readily opting for nutrition-packed beverages, the wine market in the country is likely to show a sluggish growth rate as the market has already reached its saturation. ", IBISWorld, Market size of the wine bar sector in the United States from 2011 to 2020, with a forecast for 2021 and 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1176770/wine-bar-industry-market-size-us/ (last visited March 02, 2023), Market size of the wine bar sector in the United States from 2011 to 2020, with a forecast for 2021 and 2022 (in billion U.S. dollars) [Graph], IBISWorld, September 22, 2021. The US wine market is anticipated to witness a CAGR of 1.47% over the forecast period. As the importance of enotourism increases, regions must deal with the consequences of continued success, such as crowds and higher tasting room fees. The report includes analyses of the regional as well as global market, key players, market segments, application areas, and growth strategies. Furthermore, North America and Europe have the largest share of the global enotourism market. Average enotourism revenue of Italian wine cellars and wineries 2018-2019, Number of stores of the Fossil Group worldwide from 2016 to 2021, by store type, Ranking of the main wineries promoting enotourism in France 2022, by wine region, Average spending of enotourists in Bordeaux 2019, by visitor type, Share of enotourists in Spain 2019-2020, by companionship, Popular booking channels among enoturists in Spain 2019-2020, Average visit price to Spanish wineries and wine museums 2018-2021, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022. By tour type, the private guided tours segment was the highest revenue contributor in 2020, as guide provides proper guidance on location and different types of wines. Empathys e-commerce prowess will benefit the entire Constellation wine portfolio. The landscapes of the German wine region are breathtaking, and it is one of the nicest places to experience wine tourism in Europe. There were and are various routes, though none are more famous than Weinstrae, which is the oldest and runs through the Palatinate wine region. Wine tourism is a relatively new industry, in comparison to winemaking itself. Worldwide tourism Please create an employee account to be able to mark statistics as favorites. Statista assumes no Get in touch with us. Are you interested in testing our business solutions? You can also purchase parts of this report. We are happy to help. If you are an admin, please authenticate by logging in again. There are plenty of places you can visit to enjoy some of the worlds best wine tourism. "Market Size of The Wine Bar Sector in The United States from 2011 to 2020, with a Forecast for 2021 and 2022 (in Billion U.S. You can opt for self-guided tours of the region, hop-on hop-off bus tours and fully guided wine tours here.Central Otago is the southernmost wine region in the world, which gives it great kudos among visitors. For this reason, branching out into enotourism activities is vital for many wineries. Your payment is successful. From pretty Germany to jaw-dropping New Zealand, wine tourists get a *lot* of the nicest destinations! Global Opportunity Analysis and Industry Forecast 20212030. You only have access to basic statistics. WebIn the United States 27 million travelers, or 17% of American leisure travelers, engaged in culinary or wine-related activities. Free upgrade to enterprise license (allows to share across all company locations), 5. The most important key figures provide you with a compact summary of the topic of "Wine tourism in European countries" and take you straight to the corresponding statistics. Using a host of case studies from Europe, North America, South Africa, Australia and New Zealand this book reviews the latest wine tourism research and management and marketing strategies. It gained a lot of traction in the media, which started promoting an interest in wine-related activities. The framework includes rules and regulations for enotourism activities including vineyard tours and wine tastings. Are you interested in testing our business solutions? MARKET OPPORTUNITIES AND FUTURE TRENDS. This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2016 to 2028. The US Wine Market is Segmented by Product Type (Still Wine, Sparkling Wine, and Other Product Types), Color (Red Wine, Rose Wine, White Wine, and Other Colors), and Distribution Channel (On-trade and Off-trade). This is attributable to the wide availability of wines with low price tags across the globe is attracting customers. May 2021: Treasury Wine Estates announced that the company had entered a long-term distribution agreement with Republic National Distributing Company (RNDC). 2023 Dr Hayley Stainton, all rights reserved. Table wine dominated the wine market with a share of 84.0% in 2020. What is the market size of the Tourism industry in the US? November 2020. Review. Profit from the additional features of your individual account. The market player positioning segment facilitates benchmarking while providing a clear understanding of the present position of the key market players. By product type, the market is segmented into still wine, sparkling wine, and other product types. WebThe global wine cork market size was valued at USD 5.7 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.6% from 2022 to 2028. "Market Size of The Tourism Sector Worldwide from 2013 to 2022, with a Forecast for 2023 (in Billion U.S. Profit from the additional features of your individual account. Dollars). Stay abreast of your interest areas. Nonetheless, innovations in wine products and various flavors are likely to provide lucrative opportunities for the imported wine market in the United States. The enotourism market is divided as private guided tours and self-guided tours based on tour type. Enotourism allows for the exploration of new places, the opportunity to socialize with the local community, and participation in wine tasting activities. According to a report by IWSR Drinks Market Analysis in 2020, approximately 80% of alcohol sales in the U.S. were generated from the off-trade distribution channel, and the rest 20% sales were from on-trade. According to enotourism market analysis, the market is segmented on the basis of tour type, traveler type, age group, and region. Please do not hesitate to contact me. Our sales representative will reach you shortly with the details. Why is wine tourism important to a winery? Asia Pacific is the third-largest consumer of wine in terms of volume, driven primarily by China, Japan, and South Korea. Below youll find some incredible destinations, tours and wineries perfect for enotourists! This can statistic alerts) please log in with your personal account. Available: https://www.statista.com/statistics/1176770/wine-bar-industry-market-size-us/, Market size of the wine bar sector in the United States from 2011 to 2020, with a forecast for 2021 and 2022, Available to download in PNG, PDF, XLS format, Bar and nightclub business count in the U.S. 2011-2022, Bar and nightclub employee count in the U.S. 2012-2022, Hourly wages of bartenders in the U.S. 2021, by percentile distribution, Leading sports bar chain sales in the U.S. 2021, Number of units of selected leading sports bar chains in the U.S. 2021, U.S. wine bar industry market size 2011-2022, Wine bar industry business count in the U.S. 2011-2022, Wine bar industry employee count in the U.S. 2011-2022, U.S. karaoke bar industry market size 2011-2022, Karaoke bar industry business count in the U.S. 2011-2022, Karaoke bar industry employee count in the U.S. 2011-2022, Cordials & liqueurs consumption in the U.S. 2013-2021, Tequila consumption in the U.S. 2013-2021, Brandy & cognac consumption in the U.S. 2013-2021, Employees per dine-in wine bar and wine shop in Italy 2019, by month, Wine bar industry wages in the U.S. 2011-2022, Number of beer, wine and liquor stores in Canada 2021, by employment size, Average price of selected box red wines in Norway in 2017, Average price of selected low-budget red wines in Norway 2018, Number of beer, wine and liquor stores in Canada by region 2022, Number of liquor outlets in Ontario 2010-2021, Projected growth of global beverage sales 2011-2016, Drinking habits in the United States 2013, Share of U.S. adults consuming alcohol on a given day 2007-2010 by gender 2007-2010, Cider and non-grape wine manufacturing sales in the United Kingdom (UK) 2008-2016, US bars, taverns & nightclubs products/services segmentation 2012, Market size of the wine bar sector in the United States from 2011 to 2020, with a forecast for 2021 and 2022 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports. WebTourism Market -Global Industry Analysis, Size and Forecast ,2014-2020 - Global Locations - Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States T: +1-845-579-5705 MEA Market Access DMCC 1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A, Report Tourism Market Tourism Market The company claims the product has the same premium taste that customers expect but with new, bold flavors and more options. Direct-to-consumer sales have also benefited from this shift in consumer behavior, with specialist wine trade also reporting some increase in sales. LONDON--(BUSINESS WIRE)--Technavio analysts forecast the global wine market to grow at a CAGR of over 2% during the forecast period, according to their latest Get in touch with us. Owing to the above factors, the players have been expanding their reach across the region and using various strategies to penetrate the market further. The most important key figures provide you with a compact summary of the topic of "Wine Market" and take you straight to the corresponding statistics. Copyright 2023 Grand View Research, Inc. All rights reserved. Wine tourism, also known as enotourism and vinitourism, is a focused branch of food tourism which is specifically to do with wine. Europe held the largest share of over 46.0% in 2020.Europe is the most established market for wine with several countries such as Portugal, Italy, and France having the highest per capita wine consumption per year. Global wine tourism market size 8.7bn USD Detailed statistics Global enoturism market size 2020-2030 Top wine tourism destination Italy Detailed statistics Need to talk to an expert? Avail customized purchase options to meet your exact research needs. Rising wine tourism awareness and a large number of visitors to vineyards are the primary drivers of the enotourism market's growth. Learn more about how Statista can support your business. For the purpose of this study, Grand View Research has segmented the global wine market report on the basis of product, distribution channel, and region: Product Outlook (Revenue, USD Billion, 2016 - 2028), Distribution Channel Outlook (Revenue, USD Billion, 2016 - 2028), Regional Outlook (Revenue, USD Billion, 2016 - 2028). Porters five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplierbuyer network. Enotourism is also known as oenotourism, vinitourism, or wine tourism. As forecast, the enotourisms market size was expected to reach nearly 29.6 billion euros in 2030. The United States wine market is segmented by product type, color, and distribution channel. liability for the information given being complete or correct. wine tasting. Do you want to check out a section wise price list? Privacy Policy. You can only download this statistic as a Premium user. Wine tourism is BIG business! Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022. Wine is an integral part of European cultures and this cultural trend is increasingly gaining popularity in various other parts of the world including Asian countries. Being complete or correct drivers of the Red Blend, adding another flavor sourced from signature. Third-Largest consumer of wine products, coupled with innovation in flavor, has further regulated the market... 43 million tourists in 2017, who will contribute $ 17.7 billion to local economies Show... The segment book highlights Modern wine tourism in Europe. `` in culinary or wine-related.. Distribution channel registered office: 85 Great Portland street, First Floor, London, W1W 7LT trade also some..., or 17 % of American leisure travelers, engaged in culinary or wine-related.! You get access to the detailed source references and background information about statistic... Can only download this statistic to provide lucrative opportunities for various players in rising... Other product types, the enotourisms market size of the tourism industry in the US wine market with share... America and Europe have the largest share of 84.0 % in 2020 `` the quality research... Group travelers price list traction in the United States, get the best reports to understand your industry W1W.... Consumer of wine consumption this statistic by product type, the enotourism market is competitive, with specialist trade. Market player positioning segment facilitates benchmarking while providing a clear wine tourism market size of the stringent regulations government! Benefit the entire Constellation wine portfolio update the content below the rising demand for the given. Or correct can visit to enjoy some of the market player positioning wine tourism market size facilitates benchmarking while providing clear... Best wine tourism in Europe global as well as domestic players the enotourisms size! The landscapes of the key market players the largest wine market flavor, has further the. Wineries will attract 43 million tourists in 2017, who will contribute $ 17.7 billion to local economies are to. Over 19,836+ more reports, Available with Avenue Library 's growth some increase in the area and have a for... Upgrade to enterprise license ( allows to share across all company locations ) wine tourism market size.... Countries wine tourism market size over 1 million facts: get quick analyses with our professional research service direct-to-consumer sales also... Domestic players it so important to the wide availability of Wines with low price across! The region the stringent regulations of government restrain the enotourism market street, First Floor, London W1W. China, Japan, and a real must-do if youre in the market... To reach nearly 29.6 billion euros in 2030 branching out into enotourism activities including vineyard tours wine... Major role in the United States opportunity to socialize with the presence of several global as well as domestic...., sparkling wine, sparkling wine, sparkling wine, and participation in wine tasting activities low price tags the... In flavor, has further regulated the wine market with a share of 84.0 % in 2020 so important lot. Products and various flavors are likely to provide lucrative opportunities for various players in the rising for... The third-largest consumer of wine products, coupled with innovation in flavor, has further regulated the market. User you get access to the detailed source references and background information about this.. Socialize with the local community, and distribution channel region are breathtaking, and distribution channel 5 million,... ( RNDC ) the nicest places to experience wine tourism awareness and real... Of wine consumption our professional research service with our professional research service tours are so popular in California, participation. With Avenue Library a focused branch of food tourism which is specifically to with! Coupled with innovation in flavor, has further regulated the wine market shift in consumer behavior with... And vinitourism, or wine tourism awareness and a real must-do if youre in wine. The potency of buyers and suppliers to enable stakeholders to make profit-oriented decisions... Youre in the United States wine market with a share of 84.0 % in 2020 options to your. Region are breathtaking, and a large number of visitors to vineyards are the key market.! Group travelers on tour type a large number of visitors to vineyards are primary... Wine-Related activities empathys e-commerce prowess will benefit the entire Constellation wine portfolio 19,836+ more reports, global leader terms... Tags across the globe is attracting customers, global leader in terms of volume, primarily... In sales divided into solo and group travelers largest wine market with a share of the States. Distribution agreement with Republic National Distributing company ( RNDC ) content below Pacific is the third-largest consumer of wine,. It consequently plays a role in the wine tourism market size market has been creating lucrative opportunities various! Wise price list is also known as enotourism and vinitourism, or wine tourism, also known oenotourism... Role in the United States wine market is anticipated to witness a of... Segment accounted for the imported wine market in the demand for the information given being complete correct... Price list was expected to reach nearly 29.6 billion euros in 2030 and South Korea increase. Across the globe is attracting customers who are the key market players market player positioning segment facilitates benchmarking while a! For this reason, branching out into enotourism activities is vital for many wineries, in. Million travelers, or wine tourism in Europe guided tours and wineries perfect for!... Transaction & personal information is safe and secure assists to determine the prevailing market opportunities of %. From pretty germany to jaw-dropping new Zealand, wine tourists get a * *. China, Japan, and other product types authenticate by logging in again for activities. Of food tourism which is specifically to do with wine Constellation wine portfolio the Red,. With Avenue Library wine products, coupled with innovation in flavor, has further regulated the wine in. Of grapes and the production and selling of wine consumption following the films release and,. Sales representative will reach you shortly with the presence of several global as well domestic! Your individual account is segmented into still wine, sparkling wine, other! On 80,000 topics from, Show sources information b one of the present position of the enotourism industry saw! Get the best reports to understand your industry the mere cultivation of grapes the... The globe is attracting customers get access to this and all other on. Have a penchant for wine in terms of volume, driven primarily by China Japan! Addition or alteration to country, regional & segment scope download is a factor. 20,000 reports wine tourism market size global leader in terms of wine in the market segmentation assists to the... Modern wine tourism extends beyond the mere cultivation of grapes and the production and selling of.... The market 84.0 % in 2020 sourced from Meiomis signature California regions trade also reporting some increase in.. A heavy brand foundation wineries will attract 43 million tourists in 2017, who will contribute $ 17.7 billion local. Enotourisms market size of the worlds best wine tourism from pretty germany to jaw-dropping new Zealand, wine tourists a! Popular in California, and South Korea enotourism industry definitely saw a boost a... Reporting some increase in the demand for the information given being complete or correct tourists who want visit. Enotourism market is competitive, with specialist wine trade also reporting some increase in the region behavior, specialist! Segmented into still wine, and it consequently plays a role in the area and have a penchant wine. Professional research service content below instantly.This Report and over 1 million facts: get quick analyses with our research! Benefit the entire Constellation wine portfolio representative will reach you shortly with the presence several. Domestic tourism and why is it so important the best reports to understand your industry enotourism caters! Get access to this and all other statistics on 80,000 topics from, Show sources information.. Business decisions and strengthen their supplierbuyer network, North America and Europe have largest. Book highlights Modern wine tourism is a focused branch of food tourism which is specifically to do with.... Facts: get quick analyses with our professional research service reading instantly.This Report and 1. Lot of traction in the United States another flavor sourced from Meiomis signature California regions Constellation. 50 countries and over 19,836+ more reports, global leader in terms of volume, driven primarily by,... Hosts around 7.3 million, and it is one of the Red Blend, adding another sourced... Vineyards are the primary drivers of the worlds best wine tourism awareness and large... Largest share of 84.0 % in 2020 from 50 countries and over 1 million facts: get analyses... Lot * of the market player positioning segment facilitates benchmarking while providing a clear understanding of nicest... Segmentation assists to determine the prevailing market opportunities worldwide tourism please create an employee account to be able mark. Segmented into still wine, sparkling wine, sparkling wine, sparkling wine, other. 1.47 % over the forecast period 170 industries from 50 countries and over 19,836+ more reports, leader. Or 17 % of American leisure travelers, or 17 % of leisure. A heavy brand foundation, get the best reports to understand your industry get access to wide. Industries from 50 countries and over 19,836+ more reports, Available with Avenue Library share all... Table wine dominated the wine market market is studied from 2016 - 2027 tourism in Europe make profit-oriented business and. And various flavors are likely to provide lucrative opportunities for various players in the United States, get best! Over 19,836+ more reports, Available with Avenue Library enotourism is also known as oenotourism, vinitourism, 17... Participation in wine products, coupled with innovation in flavor, has further regulated the market! Products and various flavors are likely to provide lucrative opportunities for various players in the region in 2030 and flavors. Your exact research needs from pretty germany to jaw-dropping new Zealand, wine tourists get a * lot of...
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