wine tourism market sizewine tourism market size
These consumer trends are expected to fuel the market growth over the forecast period. The growing party culture among the younger and working-class population across the globe is expected to boost the sales of the product through an on-trade sales channel. Some of the best places to visit include. Anybody discovered to have consumed wine or alcohol faces harsh penalties. Why is wine tourism important to a winery? 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. Your transaction & personal information is safe and secure. Number of McDonald's restaurants worldwide 2005-2021, Number of restaurants in the U.S. 2011-2018, Average daily rate of hotels in the U.S. 2001-2021, Global tourism industry - statistics & facts, Hotel industry worldwide - statistics & facts, Profit from additional features with an Employee Account. We are happy to help. Enotourism is a big deal across the globe, and it doesnt show any signs of slowing down in terms of its growth. Please wait while we are processing your request Wine Market Size, Share, Industry Report, 2021-2028. 2023 Allied Market Research. Thank you for requesting a call back, our sales representative will get in touch with you shortly! The global enotourism market size was valued at $8,653.4 million in 2020, and is projected to reach $29,593.4 million by 2030, registering a CAGR of 13.6% from 2021 to 2030. Complimentary 10 hours free analyst time for market review, 3. Owing to the above factors, the players have been expanding their reach across the region and using various strategies to penetrate the market further. Following the films release and success, the enotourism industry definitely saw a boost! Moreover, wines have been popular in the country for centuries, and the local market has been growing with the migration of people from vivid cultural backgrounds who are introducing new flavors to the market. Addition or alteration to country, regional & segment scope. If you enjoyed this article, I am sure that you will love these too! Our sales representative will reach you shortly with the details. Food and wine production are integral parts of the histories and identities of many destinations, and have become critical components of the brand image of country. For one, vineyard and winery locations are usually beautiful. In 2016, Georgia hosted the first United Nations World Tourism Organization (UNWTO) Global Conference on Wine Tourism, which resulted in the Georgia Declaration on enotourism. WebWine regions are attracting increasing numbers of tourists through tours, wine festivals and events, and winery, restaurant and cellar door experiences. policy. ", We use cookies for a better user experience. data than referenced in the text. We are happy to help. South Africa and New Zealand have much fewer wine tourists each year, welcoming around 0.5 and 0.2 million respectively. The market player positioning segment facilitates benchmarking while providing a clear understanding of the present position of the key market players. Rising Trend of Organic Wine Tourism will be a Key Market Trend. Access to this and all other statistics on 80,000 topics from, Show sources information ", 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. This text provides general information. Statista. Clicking on the following button will update the content below. Profit from the additional features of your individual account. Due to varying update cycles, statistics can display more up-to-date The Europe region registered as the most significant benefactor in past years and is estimated to continue its command during the forecast time. The United States has a large number of wine producers, and wine products have become a significant meal accompaniment in the country. 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). Furthermore, disposable income in North America and Asia-Pacific has increased rapidly, acting as a major market driver as middle- and upper-income consumers shift their consumption trend from essential to premium goods and services. As a Premium user you get access to the detailed source references and background information about this statistic. 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. The renowned players have a strong hand due to their brand image and are, therefore, indulging in geographical expansions, while others are considering mergers, acquisitions, and partnerships to capture regional market shares. This report provides an accurate prediction of the contribution of all the segments to the growth of the organic wine market size. Choose reports from a database of more than 10,000 reports. All Rights Reserved. All prices in USD, To ensure high-level data integrity, accurate analysis, and impeccable forecasts, On-demand customization of scope of the report to exactly meet your needs, Targeted market view to provide pertinent information and save time of readers. Accessed March 02, 2023. https://www.statista.com/statistics/1220218/tourism-industry-market-size-global/, IBISWorld. It brings in an alternative income, and allows people to share their passion with people who will appreciate it. This text provides general information. Register in seconds and access exclusive features. As a Premium user you get access to background information and details about the release of this statistic. The source specifies that wine tourism includes "wine tasting, consumption, or purchase, visits to wineries and vineyards, organized wine tours, wine festivals, and other wine-related events". Access All Statistics. Starting from You only have access to basic statistics. This statistic is not included in your account. The wines are made on heat-storing slate soil, which is really unique and of course fascinating to learn about as a wine tourist. Free report customization (equivalent up to 8 analysts working days) with purchase. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Leading countries in wine production worldwide 2021, Producing wineries in the U.S. 2021, by state, Sales volume of wine in the U.S. 1999-2021, U.S. wine market: dollar sales of the leading table wine brands 2022, Consumption of wine in the U.S. 2020 by category, Market share of the U.S. alcohol industry by beverage 2000-2022, Sales market share of the United States alcohol industry from 2000 to 2022, by beverage, Total retail value of wine sales in the U.S. 2000-2021, Total retail value of wine sales in the United States from 2000 to 2021 (in billion U.S. dollars)*, Sales volume of wine in the United States from 1999 to 2021 ( in million 9-liter cases)*, U.S. share of global wine production volume 2014-2021, U.S. share of global wine production volume from 2014 to 2021, Vine bearing area share of the U.S. 2014-2021, United States share of the global vine bearing area from 2014 to 2021, Wine export value of the United States from 2005 to 2021 (in million U.S. dollars), Wine export volume of the United States from 2005 to 2021 (in million liters), U.S. and Californian wine production 2006-2021, Wine production in the United States and in California from 2006 to 2021 (in million gallons)*, Vine bearing area in the United States from 2014 to 2021 (in thousand hectares), Number of wineries in the United States in 2021, by state, Wineries in the U.S. 2021, by production size, Number of wineries in the United States in 2021, by production size, U.S. wine export value 2020, by country of destination, Wine export value of the United States in 2020, by country of destination (in million U.S. dollars)*, U.S. wine import value 2021, by country of origin, Wine import value of the United States in 2021, by country of origin (in million U.S. dollars), Volume of U.S. still wine imports 2006-2021, Volume of U.S. still wine imports from 2006 to 2021 (in million liters)*, Volume of U.S. sparkling wine imports 2009-2021, Volume of U.S. sparkling wine imports from 2009 to 2021 (in million liters), Volume of U.S. still wine exports 2006-2021, Volume of U.S. still wine exports from 2006 to 2021 (in million liters), Volume of U.S. sparkling wine exports 2006-2021, Volume of U.S. sparkling wine exports from 2006 to 2021 (in million liters), Organic bottled still wine import share U.S. 2021, by country, Share of bottled still wine imports that were certified organic in the United States in 2021, by exporting country, Organic bottled red wine imports U.S. 2021, by country, Value of bottled organic red wine in the United States in 2021, by exporting country (in 1,000 U.S. dollars), Leading wine supplier sales volume in the U.S. in 2020, Volume sales of the leading wine suppliers in the United States in 2022 (in 1,000 9-liter cases), Sales of the leading table wine brands in the United States in 2022 (in million U.S. dollars), Californian wine market value in the U.S. 2006-2021, Retail value of the Californian wine market in the United States from 2006 to 2021 (in billion U.S. dollars)*, U.S. premium wineries sales growth 2002-2021, U.S. premium wineries sales growth from 2002 to 2021, Gross margin of premium wineries in the United States 2002-2021, U.S. premium wineries' gross margin from 2002 to 2021, Winery sales channel share in the United States in 2021, Share of winery sales channels in the United States in 2021, DtC wine shipment value growth in the U.S. 2011-2021, Growth of direct-to-consumer (DtC) wine shipment value in the United States from 2011 to 2021, DtC wine shipment volume growth in the U.S. 2011-2021, Growth of the direct-to-consumer (DtC) wine shipment volume in the United States from 2011 to 2021, Total wine consumption of the U.S. 2005-2021, Total wine consumption of the United States from 2005 to 2021 (in million gallons)*, Average wine consumption per U.S. resident 2005-2021, Average wine consumption per United States resident from 2005 to 2021 (in gallons)*, Wine consumption in the United States in 2020, by category (in thousand 9-liter cases), Alcohol segment preference in the U.S. in 2022, by occasion, Share of alcohol segment preference in the United States in 2022, by occasion, Alcohol sales channel purchase share in the U.S. in 2022, by segment, Share of alcohol sales channel purchases in the United States in 2022, by segment, Alcohol brand loyalty in the U.S. in 2022, by segment, Share of consumers that only or mostly purchase the same brand of alcohol in the United States in 2022, by segment. 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. And good food, as we all know, is one of the best things we can experience in life Other benefits include finding new wines to enjoy, and making friends with like-minded wine lovers. You can only download this statistic as a Premium user. The agreement will cover distribution in multiple markets in California with other states, including Texas, Louisiana, Oklahoma, Kentucky, Mississippi, Utah, Wyoming, and Nebraska. The best vineyards here are around the Rheinterrasse, which is the riverbank area of the Rhine. To use individual functions (e.g., mark statistics as favourites, set T&C*. Global Opportunity Analysis and Industry Forecast 20212030. The desire of travelers to discover new things has increased the demand for enotourism services across the globe. Top wine importers in the United States are Southern Wine and Spirits, Southern Glazers, Fredrick Wildman and Sons, Charmer Sunbelt Group, Youngs Market Company, Vine Street Imports, Wirtz Beverages, etc. The sudden outbreak of pandemic has affected around 77% of hotels, with turnover falling by 60% across the sector, while restaurants saw sales down by 91% by the end of 2020 across the globe. Please do not hesitate to contact me. Countries such as Germany and the U.K. are the biggest importers of wine, where its production is much lower than its consumption. Click here. Although it is still developing, it is increasing its popularity by competing with other beverages and tourism themes. As a wine tourist on a specific wine tourism trip like a tour through a specific region you can experience so many benefits. Thank you for your Purchase. A. From pretty Germany to jaw-dropping New Zealand, wine tourists get a *lot* of the nicest destinations! Profit from the additional features of your individual account. Free trial, before you make a purchase decision. WebTourism Market Size & Growth (2022 - 2027): The Global Tourism Market is predicted to raise at a growth rate of 0.2% to US$ 1.5 trillion in next the five years. March 2021. Review. Throughout the first decade of the twenty-first century, the enotourism industry grew significantly. Table wine dominated the wine market with a share of 84.0% in 2020. In-depth analysis of the market segmentation assists to determine the prevailing market opportunities. Thus, the continuous growth in the import of high-quality wines into the country is expected to cater to the strong consumer base and drive the country's wine market shortly. Based on age group, the market is segmented as generation X, generation Y, and generation Z. Region-wise, the enotourism market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Many visitors purchase the wine on-site, accounting for up to 33% of annual sales. The travel and tourism industry were completely shut down during a coronavirus pandemic outbreak as a result, the industry was declining. The major strategies used by players to grow their market share include launching innovative solutions amid the complex market situation to cater to the transforming consumption pattern of the local population. You need at least a Starter Account to use this feature. In Italy, the number of tourists is estimated to be approximately around five million, with total revenue of $2.93 billion. According to the California Department of Food and Agriculture, in 2021, Grape acreage totaled 881,000 acres in California. This statistic is not included in your account. Staying in a small winery guest house is also available at some wineries. The global enotourism market was valued at $8,653.4 million in 2020, and is projected to reach $29,593.4 million by 2030, registering a CAGR of 13.6% from 2021 to 2030. The US wine market is anticipated to witness a CAGR of 1.47% over the forecast period. The book highlights Home Industry Reports. Learn more about how Statista can support your business. Not only that, but Palatinate is home to some of the best food in Germany! The increasing consumption of wine among consumers has been acting as a major driver for the industry. At the retail level, consolidation is occurring in both restaurants (on-premise) and in supermarkets (off-premise). As a result, enotourism promotes and brands destinations, preserves local traditions and diversity, and promotes and rewards authenticity. Dollars). Report. wine tasting. Find your information in our database containing over 20,000 reports, worlds most popular wine grape varieties, most attractive region for both domestic and international enotourists in Italy, wineries conducting online wine tastings in several countries worldwide, number of wineries surveyed had technical issues during their online wine tastings. The United States Wine Market research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2028. Statista says, 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 With good wine comes good food thats just a given. This website is secure and your personal details are safe. Meanwhile, there has been a sudden change in the purchasing behavior of consumers. The prominent enotourism industry players include 290 Wine Shuttle, A Great Oregon Wine Tour, Arblaster and Clarke Wine Tours, Bulgaria Wine Tours, Burdick Vineyard Tours, California Wine Tours, Cloud Climbers Jeep and Wine Tours, Discover Texas Wine Tours, Grape Escapes Wine Tours, and Iowa Wine Tours Inc. Wine, according to the insights of CXOs of leading companies, is an essential component for the growth of enotourism because it can serve as the foundation for a number of tourism-attracting businesses. Which segment accounted for the largest wine market share? 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. 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. 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