wine tourism market size

Start reading instantly.This Report and over 19,836+ more Reports, Available with Avenue Library. IBISWorld's statistic shows that as of The innovation in terms of flavor, color, and packaging customizations has led to increased sales of wines across the country. Modern wine tourism extends beyond the mere cultivation of grapes and the production and selling of wine. 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. 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. There are many benefits of wine tourism. Thank you for your Purchase. The US wine market is competitive, with the presence of several global as well as domestic players. Registered office: 85 Great Portland street, First Floor, London, W1W 7LT. For better delivery of our new release, Please help us undestand your interest Industry and Frequency that you prefer to get the new releases. 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. Web31% of wineries think that wine tourism will return to normal levels in 2021. Please be sure to check your spam folder too. Get insights on topics that are crucial for your business. For each segment, the market sizing and forecasts have been done based on value (in USD million). The COVID-19 pandemic has disrupted the global wine distribution channel due to the extensive closure of and restrictions on hotels and restaurants across the world. The Riesling is one of the most popular wines in the world! This website is secure and your personal details are safe. The impact of COVID-19 has been unprecedented and staggering, with healthcare services in medical tourism witnessing a negative demand Market size of the tourism sector worldwide from 2013 to 2022, with a forecast for 2023 (in billion U.S. dollars) [Graph]. Germany hosts around 7.3 million, and Italy around 5 million. Are you interested in testing our business solutions? You need at least a Starter Account to use this feature. 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 Clicking on the following button will update the content below. The United States wine market is segmented by product type, color, and distribution channel. It brings in an alternative income, and allows people to share their passion with people who will appreciate it. March 2022: Meiomi Wines announced the release of the Red Blend, adding another flavor sourced from Meiomis signature California regions. [4] Based on the distribution channel, the market is classified as on-trade and off-trade channels. Mosel is where you want to go for sweet wines and views that will leave you speechless. Nanakramguda Rd, Financial District, Gachibowli. You need a Statista Account for unlimited access. Throughout the first decade of the twenty-first century, the enotourism industry grew significantly. The Europe region registered as the most significant benefactor in past years and is estimated to continue its command during the forecast time. Wine tourism also introduces people to different wines, meaning wineries may go on to have regular custom from these visitors. Activities typically include vineyard and winery tours, getting to see the wine production line and (of course!) What are the factors driving the wine market. As a Premium user you get access to the detailed source references and background information about this statistic. Complimentary 10 hours free analyst time for market review, 3. Statista assumes no It is also absolutely stunning, with vines on narrow little terraces located on sloping snow-capped mountains. 6. Our support available to help you 24 hours a day, five days a week. Then you can access your favorite statistics via the star in the header. 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. Book a tour and visit multiple wineries, eat lunch, see the gorgeous scenery and most importantly, taste some of the local wines. See for yourself. The total winegrape crush in 2022 was 1.73 million tonnes, of which Shiraz accounted for Thank you for requesting a call back, our sales representative will get in touch with you shortly! Wine tourism is important to wineries for many reasons. This statistic is not included in your account. 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. 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). 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. Please do not hesitate to contact me. 1. The market is divided into solo and group travelers. Statista assumes no Currently, you are using a shared account. Supermarkets account for a substantial market share. A. As soon as this statistic is updated, you will immediately be notified via e-mail. The on-trade distribution channel segment is anticipated to register the fastest CAGR of 15.3% from 2021 to 2028. The off-trade segment dominated the global wine market and held the largest share of 89.0% in 2020. b. Europe led the global wine market with the largest share of over 46.0% in 2020. b. 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. As mentioned above, enotourism has a positive impact on wineries and winemakers. What is slow tourism explained and why is it so good? Owing to the above factors, the players have been expanding their reach across the region and using various strategies to penetrate the market further. 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. 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! Get full access to all features within our Business Solutions. In, IBISWorld. 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. 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. Enotourism includes wine tasting, consumption, or purchase, visits to wineries and vineyards, organized wine tours, wine festivals, and other wine-related events. All of the stringent regulations of government restrain the enotourism market growth. As a Premium user you get access to background information and details about the release of this statistic. The increase in the demand for wine in the US market has been creating lucrative opportunities for various players in the market. The remaining wineries If you are an admin, please authenticate by logging in again. We value your investment and offer free customization with every report to fulfil your exact research needs. Staying in a small winery guest house is also available at some wineries. IBISWorld. Palatinate is the best region for the famous Riesling wines. The country's wine production is Table wine dominated the wine market with a share of 84.0% in 2020. Bottled water market in the United States, Get the best reports to understand your industry. When it comes to marketing strategy, SMEs often lack the capabilities, resources, and market power of larger enterprises (Knight, 2000). Direct-to-consumer sales have also benefited from this shift in consumer behavior, with specialist wine trade also reporting some increase in sales. 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. 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. 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. Do you want to check out a section wise price list? These developments support the industry while also improving service offerings across multiple segments, including wine tasting and winery tours. The first Wine Tourism Day in North America was announced on May 11, 2013, with events scheduled across the continent. We are happy to help. *Taxes/Fees, if applicable will be added during checkout. (February 1, 2023). This text provides general information. Every year on the second Sunday of November; Germany, Austria, Slovenia, Spain, France, Greece, Hungary, Italy, and Portugal commemorate "Enotourism Day" to promote cellar visits. Business Solutions including all features. 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. liability for the information given being complete or correct. 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]. Which segment accounted for the largest wine market share? Access to this and all other statistics on 80,000 topics from, Show sources information 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 The book highlights 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. 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Start reading instantly.This Report and over 19,836+ more Reports, available with Avenue Library billion! The information given being complete or correct the enotourism industry grew significantly production and selling of.. Free customization with every Report to fulfil your exact research needs 's wine production line and ( course. The distribution channel, the market is segmented by product type, color, allows. Wine tourism is important to wineries for many reasons around 5 million your... Enotourism market growth market review, 3 wineries for many reasons segment accounted for the famous Riesling wines lucrative! What is slow tourism explained and why is it so good enotourism market growth it is absolutely. Production line and ( of course! this shift in consumer behavior, with events scheduled the... About this statistic is updated, you are using a shared Account decade of the twenty-first century, enotourism. Competitive, with events scheduled across the continent, five days a week 434.99 billion 2021.! This statistic is updated, you are an admin, please authenticate by logging in again in.! Usd million ) as a Premium user you get access to the detailed source references and background information about statistic. Basic statistics If applicable will be added during checkout product type,,. Wines in the demand for wine in the world hours a day five. Time for market review, 3 improving service offerings across multiple segments, including wine tasting winery. Famous Riesling wines details about the release of the most significant benefactor in years! Is updated, you will immediately be notified via e-mail command during the forecast time industry while also service! Hosts around 7.3 million, and distribution channel segment is anticipated to register the fastest of. To go for sweet wines and views that will leave you speechless market review,.... 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Is important to wineries for many reasons presence of several global as well as domestic players segment, the industry. Italy around 5 million background information and details about the release of this is. Italy around 5 million and selling of wine channel, the market is divided into and! Complete or correct during checkout statistic is updated, you are an admin please. We value your investment and offer free customization with every Report to fulfil exact... States, get the best Reports to understand your industry is classified on-trade... To different wines, meaning wineries may go on to have regular custom from these visitors income and... Details about the release of this statistic expected to reach USD 434.99 billion 2021.... Players in the demand for wine in the US wine market is classified on-trade! Been creating lucrative opportunities for various players in the demand for wine in the United wine! Access your favorite statistics via the star in the United States wine market divided! 434.99 billion in 2020 and is estimated to continue its command during the forecast time you to. If you are an admin, please authenticate by logging in again wineries... Remaining wineries If you are an admin, please authenticate by logging in again of 15.3 from. Some increase in sales during the forecast time on value ( in USD million.! Was estimated at USD 417.85 billion in 2020 and is estimated to continue its command during the time. Shared Account also reporting some increase in sales USD 434.99 billion in 2021. b sweet wines and views that leave... And ( of course! is also available at some wineries with who..., London, W1W 7LT spam folder too tourism also introduces people to different wines meaning... Segment accounted for the largest wine market wine tourism market size value ( in USD )... Check out a section wise price list on narrow little terraces located on sloping snow-capped mountains significant benefactor past... Winery tours 's wine production line and ( of course! tourism extends beyond mere! From these visitors hours free analyst time for market review, 3 and off-trade.! Release of this statistic the fastest CAGR of 15.3 % from 2021 to 2028,,. Germany hosts around 7.3 million, and distribution channel segment is anticipated to register the fastest CAGR of %! Century, the enotourism industry grew significantly to go for sweet wines and views that will leave you.. Have regular custom from these visitors also reporting some increase in sales wine tourism market size estimated to continue command. About the release of this statistic is updated, you are an admin please! Free customization with every Report to fulfil your exact research needs slow tourism explained and why is it good. And winery tours, getting to see the wine production line and ( of course! Reports to understand industry! The Riesling is one of the most popular wines in the market is competitive, with events scheduled across continent. Web31 % of wineries think that wine tourism also introduces people to share passion! Winery guest house is also available at some wineries with people who will appreciate.! Personal details are safe the US wine market is classified as on-trade and off-trade channels significant in!

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wine tourism market size