As soon as this statistic is updated, you will immediately be notified via e-mail. The total acreage of raisin-type grapes was 138,000 acres. Registered office: 85 Great Portland street, First Floor, London, W1W 7LT. 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. Due to varying update cycles, statistics can display more up-to-date 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 total winegrape crush in 2022 was 1.73 million tonnes, of which Shiraz accounted for 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. 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. Please do not hesitate to contact me. [Online]. 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. Research expert covering travel, tourism and hospitality. Furthermore, countries in the Middle East, such as the UAE and Saudi Arabia, have banned the consumption of alcoholic beverages. It is also absolutely stunning, with vines on narrow little terraces located on sloping snow-capped mountains. The global enotourism market was valued at $8,653.4 million in 2020, and is projected to reach $29,593.4 million by 2030, registering a CAGR of 13.6% from 2021 to 2030. WebTourism Market Size & Growth (2022 - 2027): The Global Tourism Market is predicted to raise at a growth rate of 0.2% to US$ 1.5 trillion in next the five years. Get in touch with us. Enotourism industry of Chile has grown in recent years, with several tourist routes emerging across the country, many of which include overnight accommodations. The United States has a large number of wine producers, and wine products have become a significant meal accompaniment in the country. Please do not hesitate to contact me. You can also purchase parts of this report. Please create an employee account to be able to mark statistics as favorites. Privacy Policy. You need at least a Starter Account to use this feature. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 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 increase in social media penetration, on the other hand, is expected to provide enormous opportunities to the market throughout the forecast period. Thank you for contacting us, our sales representative will get in touch with you shortly! 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. Put simply, wine tourism (or enotourism or vinitourism) is massive. Additionally, some manufacturers believe that being organic is essential to the expansion of their companies. Clicking on the following button will update the content below. Profit from the additional features of your individual account. People are curious to see how the world around them works, which is why any form of industrial tourism is popular. Please be sure to check your spam folder too. Following the European and Chinese economic crises of 2009, the global economy came to a halt. The market is divided into solo and group travelers. According to enotourism market analysis, the market is segmented on the basis of tour type, traveler type, age group, and region. 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. Statista. Some of the best places to visit include. It gained a lot of traction in the media, which started promoting an interest in wine-related activities. If you want to see where some of the most famous types of wine come from, then wine tourism in France is for you. Wine tourism also introduces people to different wines, meaning wineries may go on to have regular custom from these visitors. 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. data than referenced in the text. WebIn the United States 27 million travelers, or 17% of American leisure travelers, engaged in culinary or wine-related activities. With good wine comes good food thats just a given. The most important key figures provide you with a compact summary of the topic of "Wine tourism in European countries" and take you straight to the corresponding statistics. In, IBISWorld. Please do not hesitate to contact me. Wine tours are so popular in California, and a real must-do if youre in the area and have a penchant for wine. With cheaper mass-produced wines being much more readily available now, smaller wineries are making less money and business is slowing down. The US wine market is the largest of its kind in the world due to its high population, backed up by high disposable incomes. The Impact of Covid-19 on Wine Tourism. 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. 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. (February 1, 2023). Wine tourism is BIG business! Nonetheless, innovations in wine products and various flavors are likely to provide lucrative opportunities for the imported wine market in the United States. Profit from the additional features of your individual account. 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. And with wine tours, vineyard visits and tasting sessions you can explore them all. 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. As for tourism, wineries will attract 43 million tourists in 2017, who will contribute $17.7 billion to local economies. 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. Vins du Monde shared some interesting statistics too, particularly related to where the most wine tourism takes place. Activities typically include vineyard and winery tours, getting to see the wine production line and (of course!) b. Through its physical shops and website, Kroger claims to be serving more than 11 million people every day. 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. To use individual functions (e.g., mark statistics as favourites, set "Market Size of The Tourism Sector Worldwide from 2013 to 2022, with a Forecast for 2023 (in Billion U.S. 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. The overall sales of wine are *Disclaimer: Major Players sorted in no particular order. Accessed March 02, 2023. https://www.statista.com/statistics/1220218/tourism-industry-market-size-global/, IBISWorld. [Online]. The lockdown propelled the demand for off-trade sales of wine. This statistic is not included in your account. If you are an admin, please authenticate by logging in again. Which regional segment dominated the wine market? Business Solutions including all features. Free report customization (equivalent up to 8 analysts working days) with purchase. All Rights Reserved to Mordor Intelligence. Report scope can be Dollars). 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 The US wine market is anticipated to witness a CAGR of 1.47% over the forecast period. 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. In-depth analysis of the market segmentation assists to determine the prevailing market opportunities. 6. Payment Failed. This can be credited to the rising number of novel wines and designer corks. Access to this and all other statistics on 80,000 topics from, Show sources information So, the consolidation of these chains is relevant to the industry. The company claims the product has the same premium taste that customers expect but with new, bold flavors and more options. 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. This report provides an accurate prediction of the contribution of all the segments to the growth of the organic wine market size. 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. No purchase commitment. But where there is industry, tourism isnt far behind. Sparkling wine is projected to register the fastest CAGR of 6.6% from 2021 to 2028. Wine tourism, also known as enotourism and vinitourism, is a focused branch of food tourism which is specifically to do with wine. 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. 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. WebTourism Market -Global Industry Analysis, Size and Forecast ,2014-2020 - Global Locations - Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States T: +1-845-579-5705 MEA Market Access DMCC 1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A, Report Tourism Market Tourism Market 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. Youll experience drop dead gorgeous views that will surely take your breath away. 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. , particularly related to where the most wine tourism ( or enotourism or vinitourism ) is massive total acreage raisin-type. The prevailing market opportunities company claims the product has the same premium taste customers. 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