This website is secure and your personal details are safe. 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). 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. Free business intelligence platform with subscription, 4. According to the California Department of Food and Agriculture, in 2021, Grape acreage totaled 881,000 acres in California. 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. South Africa and New Zealand have much fewer wine tourists each year, welcoming around 0.5 and 0.2 million respectively. Following the films release and success, the enotourism industry definitely saw a boost! What is domestic tourism and why is it so important? "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. Why is wine tourism important to a winery? Show publisher information Stakeholders in tourism: Who are they and why do they matter? *Taxes/Fees, if applicable will be added during checkout. Wine tourists also tend to spend more than the average traveller in New Zealand, its actually a whopping 52% more. The United States Wine Market is growing at a CAGR of 1.47% over the next 5 years. Rheinhessen is the largest area of the German wine country, with some very rare grape varieties; wine has been made here since the ancient Roman times. Enotourism industry of Chile has grown in recent years, with several tourist routes emerging across the country, many of which include overnight accommodations. Single User License, Five User License & Enterprise User License. b. 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. The manufacturers, thus, procure grapes in bulk from these vineyards to produce wines at lower prices and fulfill the demand for locally produced wines. Enotourism has been a part of the wine industry since a long time and is now one of the most profitable tourism segments. WebWine regions are attracting increasing numbers of tourists through tours, wine festivals and events, and winery, restaurant and cellar door experiences. The Impact of Covid-19 on Wine Tourism. Some prominent players in the global wine market include: -, Revenue in USD billion and CAGR from 2021 to 2028, Revenue forecast, company ranking, competitive landscape, growth factors, and trends, North America; Europe; Asia Pacific; Central & South America; Middle East & Africa, U.S.; U.K.; France; Italy; China; India; Japan; Brazil; South Africa, Asahi Group Holdings, Ltd.; Beijing Yanjing Beer Group Corporation; The Wine Group; Castel Frres; Accolade Wines; Constellation Brands; Treasury Wine Estates (TWE); Pernod Ricard; E. & J. Gallo Winery; Via Concha y Toro. 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]. The Europe region registered as the most significant benefactor in past years and is estimated to continue its command during the forecast time. Avail customized purchase options to meet your exact research needs. 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. The overall sales of wine are As for tourism, wineries will attract 43 million tourists in 2017, who will contribute $17.7 billion to local economies. Please create an employee account to be able to mark statistics as favorites. All of the stringent regulations of government restrain the enotourism market growth. Which segment accounted for the largest wine market share? You need a Statista Account for unlimited access. The market is divided into solo and group travelers. Profit from the additional features of your individual account. 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). data than referenced in the text. Access to this and all other statistics on 80,000 topics from, Show sources information This text provides general information. And are there benefits to the tourists themselves? data than referenced in the text. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 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. 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. One of the largest aggregate markets in Europe is France due to its larger population and high per capita wine consumption. 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 statistic is not included in your account. There are many benefits of wine tourism. 1.1 Study Assumptions and Market Definition, 4.3.2 Bargaining Power of Buyers/Consumers, 7. b. Do you want to check out a section wise price list? The on-trade distribution channel segment is anticipated to register the fastest CAGR of 15.3% from 2021 to 2028. Additionally, some manufacturers believe that being organic is essential to the expansion of their companies. The rise of the market is being driven by the economic growth and an increase in disposable income. 2023 Dr Hayley Stainton, all rights reserved. We are GDPR and CCPA compliant! The ideal entry-level account for individual users. Choose reports from a database of more than 10,000 reports. The total winegrape crush in 2022 was 1.73 million tonnes, of which Shiraz accounted for Rising Trend of Organic Wine Tourism will be a Key Market Trend. Are you interested in testing our business solutions? liability for the information given being complete or correct. Two areas in particular are incredible for wine tours: Sonoma and the Napa Valley. In, IBISWorld. 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. 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. As a result, enotourism promotes and brands destinations, preserves local traditions and diversity, and promotes and rewards authenticity. Asia Pacific is expected to register the fastest CAGR of 8.2% from 2021 to 2028. Some include picnics, for some youll be on an e-bike, and some tours are combined with hiking! 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 T&C*. Based on the distribution channel, the market is classified as on-trade and off-trade channels. 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. Please do not hesitate to contact me. According to enotourism market analysis, the market is segmented on the basis of tour type, traveler type, age group, and region. 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. What is disaster tourism and is it ethical? [4] Report scope can be Statista assumes no For each segment, the market sizing and forecasts have been done based on value (in USD million). The country's wine production is Wine tourism also introduces people to different wines, meaning wineries may go on to have regular custom from these visitors. 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. The most important key figures provide you with a compact summary of the topic of "Global Wine" and take you straight to the corresponding statistics. The global wine market size was valued at USD 417.85 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.4% from 2021 to 2028. Dollars). You only have access to basic statistics. Are you interested in testing our business solutions? Clicking on the following button will update the content below. There are plenty of places you can visit to enjoy some of the worlds best wine tourism. This statistic is not included in your account. liability for the information given being complete or correct. Explore purchase options. The United States Wine Market research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2028. According to alcohol beverage compliance firm Sovos ShipCompliant, USD 3.2 billion worth of wine (6.6 Billion cases) was sold directly to consumers in 2019. As with any type of food tourism, you dont have to travel particularly far to engage with wine tourism. IBISWorld. Global Opportunity Analysis and Industry Forecast 20212030. You can only download this statistic as a Premium user. 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. Throughout the first decade of the twenty-first century, the enotourism industry grew significantly. 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). Need to talk to an expert? Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Enotourism is a big deal across the globe, and it doesnt show any signs of slowing down in terms of its growth. 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. Below youll find some incredible destinations, tours and wineries perfect for enotourists! People are curious to see how the world around them works, which is why any form of industrial tourism is popular. We value your investment and offer free customization with every report to fulfil your exact research needs. 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 wine sales were 435.1 million 9-liter cases in 2020, whereas the sales amounted to approximately 450.6 million 9-liter cases in 2021. 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. Are you interested in testing our business solutions? 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. The taste, type, and cost also play a major role in creating a heavy brand foundation. 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 partnership and collaboration are key growth strategies of Enotourism players. The majority of winery visits take place at or near the production site of winery. WebThe 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. Statistics as favorites Study Assumptions and market Definition, 4.3.2 Bargaining Power of Buyers/Consumers, 7. b acreage! Following the films release and success, the enotourism market growth 1.1 Assumptions... Deal across the globe, and promotes and rewards authenticity to enjoy some of the stringent regulations of government the. 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