Meanwhile, there has been a sudden change in the purchasing behavior of consumers. Table wine dominated the wine market with a share of 84.0% in 2020. "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. Furthermore, a significant increase in government initiatives to encourage tourism in the form of private and public partnerships is expected to drive the global enotourism market in the coming years. Business Solutions including all features. Sparkling wine is projected to register the fastest CAGR of 6.6% from 2021 to 2028. Please create an employee account to be able to mark statistics as favorites. 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. *Taxes/Fees, if applicable will be added during checkout. 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. Modern wine tourism extends beyond the mere cultivation of grapes and the production and selling of wine. Free trial, before you make a purchase decision. In-depth analysis of the market segmentation assists to determine the prevailing market opportunities. Use Ask Statista Research Service, Per capita alcohol consumption of all beverages in the U.S. by state 2020, Total alcoholic beverage sales in the U.S. 2006-2021, U.S. bar and nightclub market size 2012-2022. However, the COVID-19 pandemic drastically affected the growth of this segment owing to the shutting down of outlets, including clubs, hotels, bars, restaurants, and coffee shops, coupled with a significant drop in international tourism caused by the strict lockdown measures across the world. Clicking on the following button will update the content below. The Report will be delivered in 24 - 72 hours. Table wine dominated the wine market with a share of 84.0% in 2020. 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. Bottled water market in the United States, Get the best reports to understand your industry. Free report customization (equivalent up to 8 analysts working days) with purchase. Report. There were and are various routes, though none are more famous than Weinstrae, which is the oldest and runs through the Palatinate wine region. 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 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 The innovation in terms of flavor, color, and packaging customizations has led to increased sales of wines across the country. Please be sure to check your spam folder too. The USA has the most wine tourists each year, seeing around 15 million France is another big draw, with around 10 million enotourists visiting per year. 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. The market is divided into solo and group travelers. With cheaper mass-produced wines being much more readily available now, smaller wineries are making less money and business is slowing down. Wine tourism is a relatively new industry, in comparison to winemaking itself. Statista. The United States produced over 773 million gallons of wine in 2021, over nine percent of the global wine production volume. 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. Single User License, Five User License & Enterprise User License. The group segment had the largest enotourism market share in terms of traveler type according to enotourism market forecast. We are happy to help. Based on the distribution channel, the market is classified as on-trade and off-trade channels. 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). The off-trade channel is further classified into supermarkets/hypermarkets, specialty stores, online retail channels, and other distribution channels. Get the best reports to understand your industry, Alcohol consumption in the United Kingdom. customized per your requirements. Enotourism includes wine tasting, consumption, or purchase, visits to wineries and vineyards, organized wine tours, wine festivals, and other wine-related events. Anybody discovered to have consumed wine or alcohol faces harsh penalties. A paid subscription is required for full access. From Champagne to Bordeaux, there are so many regions here with wines named after them. Asia Pacific is the third-largest consumer of wine in terms of volume, driven primarily by China, Japan, and South Korea. The total acreage of raisin-type grapes was 138,000 acres. 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. T&C*. For better delivery of our new release, Please help us undestand your interest Industry and Frequency that you prefer to get the new releases. Profit from the additional features of your individual account. The generation Y segment gained the largest market share by age group, because the generation Y is more interested in discovering and trying new things. Show publisher information This statistic is not included in your account. There are even wine museums you can visit! The market size of the wine bar sector in the United States reached 1.73 billion U.S. dollars in 2020, reflecting an decrease over the previous year's size of 2.39 Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Enotourism has been a part of the wine industry since a long time and is now one of the most profitable tourism segments. 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. When it comes to marketing strategy, SMEs often lack the capabilities, resources, and market power of larger enterprises (Knight, 2000). South Africa and New Zealand have much fewer wine tourists each year, welcoming around 0.5 and 0.2 million respectively. Payment Failed. Global wine consumption in 2021, by country, Per capita alcoholic beverage consumption United States 2012-2025, by segment, Manufacturing: Beverage & Tobacco Products in the U.S. 2022 - Industry Insights & Data Analysis, 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 tourism is important to wineries for many reasons. Nonetheless, innovations in wine products and various flavors are likely to provide lucrative opportunities for the imported wine market in the United States. Stay abreast of your interest areas. One of the largest aggregate markets in Europe is France due to its larger population and high per capita wine consumption. The framework includes rules and regulations for enotourism activities including vineyard tours and wine tastings. Research expert covering travel, tourism and hospitality. Staying in a small winery guest house is also available at some wineries. liability for the information given being complete or correct. Get in touch with us. As global tourism expands and competition among destinations intensifies, unique local and regional intangible cultural heritage becomes a more important influencing factor in attracting tourists. Then you can access your favorite statistics via the star in the header. Worldwide tourism 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. IBISWorld. Free upgrade to enterprise license (allows to share across all company locations), 5. Available to download is a free sample file of the United States Wine Market report PDF. February 1, 2023. We are happy to help. 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. 6. By color, the market is segmented into red wine, rose wine, white wine, and other colors. Global Opportunity Analysis and Industry Forecast 20212030. The United States Wine Market research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2028. Please do not hesitate to contact me. 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. 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 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. The Riesling is one of the most popular wines in the world! IBISWorld. b. The region offers significant potential due to its large customer base, rising disposable incomes, and favorable climatic conditions for wine cultivation, especially in China. "Market Size of The Tourism Sector Worldwide from 2013 to 2022, with a Forecast for 2023 (in Billion U.S. Read on to find out. 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. The Paris Wine Tasting of 1976 in the Napa Valley, California, was another turning point for wine tourism. Wine tourism is BIG business! Copyright 2023 Grand View Research, Inc. All rights reserved. As per traveler type, the enotourism market is divided into solo and group. Many visitors purchase the wine on-site, accounting for up to 33% of annual sales. With the ongoing pandemic, the off-trade distribution channel has seen more growth as compared to the on-trade channel. Currently, you are using a shared account. Put simply, wine tourism (or enotourism or vinitourism) is massive. With good wine comes good food thats just a given. This section covers the major market trends shaping the US Wine Market according to our research experts: To understand key trends, Download Sample As a Premium user you get access to background information and details about the release of this statistic. Get in touch with us. [Online]. For each segment, the market sizing and forecasts have been done based on value (in USD million). What is disaster tourism and is it ethical? online dashboard trial. Market size of the tourism sector worldwide from 2013 to 2022, with a forecast for 2023 (in billion U.S. dollars) [Graph]. As a wine tourist on a specific wine tourism trip like a tour through a specific region you can experience so many benefits. Please wait while we are processing your request Wine Market Size, Share, Industry Report, 2021-2028. 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. b. 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. The United States Wine Market market is studied from 2016 - 2027. Pandemic disrupted the entire world and affected many industries. 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. The travel and tourism industry were completely shut down during a coronavirus pandemic outbreak as a result, the industry was declining. 2023 Allied Market Research. The off-trade segment dominated the global wine market and held the largest share of 89.0% in 2020. b. 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