If you enjoyed this article, I am sure that you will love these too! Which distribution channel segment led the wine market? Choose from luxury private tours to big group tours but whatever you do, if youre a wine lover vacationing in Cali dont miss out on discovering the vineyards and wineries of the region. Asia Pacific is expected to register the fastest CAGR of 8.2% from 2021 to 2028. For instance, in September 2022, Invivo X, Sarah Jessica Parker's wine brand SJP expanded in the United States Market, and the Sauvignon Blanc was claimed to be offered at 1,173 Kroger stores across the region. To use individual functions (e.g., mark statistics as favourites, set Some of the worlds best Pinot Noir wines come from here! 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. Table wine dominated the wine market with a share of 84.0% in 2020. Stay abreast of your interest areas. The on-trade distribution channel segment is anticipated to register the fastest CAGR of 15.3% from 2021 to 2028. There are many benefits of wine tourism. Read on to find out. Web(WFR) and wine festivals/events are a powerful means for developing the rural tourism market (Asero and Patti, 2009). 2023 Dr Hayley Stainton, all rights reserved. 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. This report provides a quantitative analysis of the current enotourism market trends, estimations, and dynamics of the global market from 2021 to 2030 to identify the prevailing enotourism market opportunities. Your payment is successful. In-depth industry statistics and market share insights of the United States Wine Market sector for 2020, 2021, and 2022. MARKET OPPORTUNITIES AND FUTURE TRENDS. The global wine market is projected to grow with a CAGR of 5.8%, during the forecast period (2020 - 2025). The wine market is driven by increasing demand for wine, due to its health benefits and premiumization of wine products, coupled with innovation in flavor and more advanced distribution networks, globally. Are you interested in testing our business solutions? Find your information in our database containing over 20,000 reports, global leader in terms of wine consumption. What is domestic tourism and why is it so important? 2023. The market is projected to grow from USD 13.98 billion in 2021 to USD 53.51 billion in 2028 at a CAGR of 21.1% in the 2021-2028 period. Chart. Your transaction & personal information is safe and secure. Free trial, before you make a purchase decision. It is the same as avid car lovers visiting a car factory, for example!Wine tourism is said to date back to the early 20th century, when wine routes were developed throughout Germany. our privacy policy, By submitting, you confirm that you agree to our privacy Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. The ideal entry-level account for individual users. Read on to learn a bit more about it. By submitting, you confirm that you agree to November 2020. Review. Countries such as Germany and the U.K. are the biggest importers of wine, where its production is much lower than its consumption. This may have the opposite effect desired, driving away potential visitors and turning them to enotourism. Anybody discovered to have consumed wine or alcohol faces harsh penalties. The United States has been extensively importing premium wines from countries across the globe to fulfill demand, despite being a major ground for innumerable wine manufacturers. The remaining wineries Are you interested in testing our business solutions? Wine tourism has become a thriving niche in global tourism industry with successful cases like Napa Valley in the USA with 19 million visitors per year. 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 top sex tourism countries in the world, Components of tourism: Structure of the tourism industry, 13 Social impacts of tourism + explanations + examples, 10 Economic impacts of tourism + explanations + examples, 150 types of tourism that are trending right now. Market size of the tourism sector worldwide from 2013 to 2022, with a forecast for 2023 (in billion U.S. dollars) [Graph]. The industry will also pay $31.3 billion in federal, state and local business taxes in 2017, and an additional $5.2 billion in consumption taxes, which includes excise and sales taxes. Book your free consultation and let our research experts help you with your needs/problems. Then you can access your favorite statistics via the star in the header. The young and working-class people in these regions are including wine in their diet, house parties, and occasional drinks. The Routledge Handbook of Wine Tourism examines the complex interplay of market profiling, sustainable regional development, and innovative experiential marketing constructs which, when successful, contribute to the growth and At 13.6% CAGR, the Enotourism market will expand from 2021-2030. data than referenced in the text. IBISWorld. This text provides general information. Please be sure to check your spam folder too. Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. These consumer trends are expected to fuel the market growth over the forecast period. This website is secure and your personal details are safe. Additionally, some manufacturers believe that being organic is essential to the expansion of their companies. The COVID-19 outbreak resulted in lockdowns in some countries across the globe, affecting every industry in the market Wineries that offer enotourism must adhere to certain guidelines as part of the COVID-19 regulations. The rise of the market is being driven by the economic growth and an increase in disposable income. Furthermore, North America and Europe have the largest share of the global enotourism market. You can also purchase parts of this report. The wine market size was estimated at USD 417.85 billion in 2020 and is expected to reach USD 434.99 billion in 2021. b. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. As with any type of food tourism, you dont have to travel particularly far to engage with wine tourism. The wines are made on heat-storing slate soil, which is really unique and of course fascinating to learn about as a wine tourist. 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. Click here. Of course as with any form of industrial tourism, wine tourism provides an educational opportunity to guests who want to learn about wine, winemaking, individual wineries and so on. What is the market size of the Tourism industry in the US? Throughout the first decade of the twenty-first century, the enotourism industry grew significantly. Get in touch with us. Profit from the additional features of your individual account. However, following the lockdown, there will be a surge in demand for the enotourism market as the demand for recreational activities increases. And with wine tours, vineyard visits and tasting sessions you can explore them all. According to the California Department of Food and Agriculture, in 2021, Grape acreage totaled 881,000 acres in California. The total winegrape crush in 2022 was 1.73 million tonnes, of which Shiraz accounted for 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. Enotourism is a big deal across the globe, and it doesnt show any signs of slowing down in terms of its growth. The enotourism market is divided as private guided tours and self-guided tours based on tour type. As a Premium user you get access to the detailed source references and background information about this statistic. The wine sales were 435.1 million 9-liter "The quality of research they have done for us has been excellent.". 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. 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. We never share your personal data. Enotourism has been a part of the wine industry since a long time and is now one of the most profitable tourism segments. The Report Offers Market Size and Values in (USD Million) During the Forecasted Years for the Above Segments. Wine tourism is important to wineries for many reasons. liability for the information given being complete or correct. 2023 Allied Market Research. You only have access to basic statistics. A. The market size of the global tourism sector grew by roughly 41 percent in 2022 over the previous year, after dropping dramatically with the onset of the coronavirus 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 Report. As per traveler type, the enotourism market is divided into solo and group. Please create an employee account to be able to mark statistics as favorites. Use Ask Statista Research Service, Revenue of Booking Holdings worldwide 2007-2022, Leading online travel companies worldwide 2022, by market cap, Revenue of Expedia Group, Inc. worldwide 2007-2022, Revenue of Tripadvisor worldwide 2008-2022. Learn more about how Statista can support your business. For the tourism industry, wine constitutes an important factor of a destinations attractiveness and can be considered as more than just a product; it is a multisensory experience and at the same time a powerful symbol of social status, associated with quality tourism and travellers seeking authenticity and high levels of 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. We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities. Wine tourism, also known as enotourism and vinitourism, is a focused branch of food tourism which is specifically to do with wine. Smaller brands have a harder time gaining placement on the shelves and on wine lists because the head office may choose a few brands to use in all of their locations. 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. 6. Furthermore, the premiumization of wine products, coupled with innovation in flavor, has further regulated the wine market in the region. French judges blind-tasted French and Californian wines and controversially, the Californian beverages came out on top. online dashboard trial. Book a tour and visit multiple wineries, eat lunch, see the gorgeous scenery and most importantly, taste some of the local wines. Following the European and Chinese economic crises of 2009, the global economy came to a halt. This statistic is not included in your account. Key factors that are driving the wine market growth include the rising adoption of wine among all age groups from the young generation to the old age population across the globe. Vins du Monde shared some interesting statistics too, particularly related to where the most wine tourism takes place. Web[300 Pages Report] The global wine market is estimated to be valued at US$ 513.8 Bn in 2022 and is projected to reach US$ 846.3 Bn by 2032. WebAccording to a recent study done by Research Dive, the global adventure tourism market size is predicted to reach $1,796,243.8 million by 2027, at a 15.0% CAGR, growing from $609,000.0 million in 2019. The impact of COVID-19 has been unprecedented and staggering, with healthcare services in medical tourism witnessing a negative demand Worldwide tourism Enotourism allows for the exploration of new places, the opportunity to socialize with the local community, and participation in wine tasting activities. 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. The wine production here is diverse, and the scenery is breathtakingly green. You need at least a Starter Account to use this feature. Get detailed COVID-19 impact analysis on the Enotourism Market. WebThe total vineyard area in Australia in 2022 is estimated to be 146,244 ha, of which South Australia accounted for 52%, New South Wales 24% and Victoria 15%. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Germany hosts around 7.3 million, and Italy around 5 million. Access to this and all other statistics on 80,000 topics from, Show sources information The US wine market is competitive, with the presence of several global as well as domestic players. Report scope can be ", IBISWorld, Market size of the tourism sector worldwide from 2013 to 2022, with a forecast for 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1220218/tourism-industry-market-size-global/ (last visited March 02, 2023), Market size of the tourism sector worldwide from 2013 to 2022, with a forecast for 2023 (in billion U.S. dollars) [Graph], IBISWorld, February 1, 2023. As a Premium user you get access to background information and details about the release of this statistic. Our support available to help you 24 hours a day, five days a week. If you are an admin, please authenticate by logging in again. You need a Statista Account for unlimited access. 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 was hit hard by the coronavirus (COVID-19) pandemic. The top players in the United States wine market include The Wine Group, Diageo PLC, Bacardi Limited, Constellation Brands Inc., and E. & J. Gallo Winery. Thank you for contacting us, our sales representative will get in touch with you shortly! Table wine dominated the wine market with a share of 84.0% in 2020. In the U.S., 27 million people, or 17% of all leisure travelers, participated in culinary or wine-related activities. A. [Online]. 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. Not only that, but Palatinate is home to some of the best food in Germany! In the U.S., leading brands such as La Marca Prosecco (E. & J. Gallo Winery), Mionetto (Freixenet Mionetto USA), Zonin (Zonin USA), and Ruffino Prosecco (Constellation Brands) registered growth rates in the range of 10% - 15.4% between 2017 and 2019. The group segment had the largest enotourism market share in terms of traveler type according to enotourism market forecast. Show publisher information Due to varying update cycles, statistics can display more up-to-date Business Solutions including all features. data than referenced in the text. A. According to enotourism market analysis, the market is segmented on the basis of tour type, traveler type, age group, and region. 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