Please do not hesitate to contact me. (February 1, 2023). Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. The manufacturers, thus, procure grapes in bulk from these vineyards to produce wines at lower prices and fulfill the demand for locally produced wines. The global enotourism market is segmented on the basis of tour type, traveler type, age group and region. November 2020. Review. Clicking on the following button will update the content below. 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. 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. 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. Modern wine tourism extends beyond the mere cultivation of grapes and the production and selling of wine. Accessed March 02, 2023. https://www.statista.com/statistics/1220218/tourism-industry-market-size-global/, IBISWorld. As soon as this statistic is updated, you will immediately be notified via e-mail. Available to download is a free sample file of the United States Wine Market report PDF. In, IBISWorld. Our sales representative will reach you shortly with the details. Please do not hesitate to contact me. This trend is a key factor in attracting new consumers and it consequently plays a role in the rising demand for the segment. 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. 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. 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. *Disclaimer: Major Players sorted in no particular order. 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 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. Many visitors purchase the wine on-site, accounting for up to 33% of annual sales. In Italy, the number of tourists is estimated to be approximately around five million, with total revenue of $2.93 billion. For better delivery of our new release, Please help us undestand your interest Industry and Frequency that you prefer to get the new releases. Which segment accounted for the largest wine market share? "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. 2023 Dr Hayley Stainton, all rights reserved. You need at least a Starter Account to use this feature. 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. Wine tourism also introduces people to different wines, meaning wineries may go on to have regular custom from these visitors. According to a study promoted by the European Association of Wine Economists and the Chaire Vins et Spiritueux de INSEEC U., in May 2020, the frequency of the consumption of wine has increased significantly during the confinement phase resulting from the outbreak of coronavirus in Spain and the rest of Europe. It is also absolutely stunning, with vines on narrow little terraces located on sloping snow-capped mountains. 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. Using a host of case studies from Europe, North America, South Africa, Australia and New Zealand this book reviews the latest wine tourism research and management and marketing strategies. Palatinate is the best region for the famous Riesling wines. Currently, you are using a shared account. Major countries in each region are mapped according to their revenue contribution to the global industry. We never share your personal data. Show publisher information The landscapes of the German wine region are breathtaking, and it is one of the nicest places to experience wine tourism in Europe. This text provides general information. Complimentary 10 hours free analyst time for market review, 3. Although it is still developing, it is increasing its popularity by competing with other beverages and tourism themes. People are curious to see how the world around them works, which is why any form of industrial tourism is popular. data than referenced in the text. You need a Statista Account for unlimited access. 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. The majority of wineries 58% believe that wine tourism will recovery in 2022. Get detailed COVID-19 impact analysis on the Enotourism Market. "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. Due to varying update cycles, statistics can display more up-to-date Please be sure to check your spam folder too. The on-trade distribution channel segment is anticipated to register the fastest CAGR of 15.3% from 2021 to 2028. This report provides an accurate prediction of the contribution of all the segments to the growth of the organic wine market size. Book a tour and visit multiple wineries, eat lunch, see the gorgeous scenery and most importantly, taste some of the local wines. Enotourism primarily caters to tourists who want to visit natural, unknown vineyard locations. We are happy to help. No purchase commitment. As per traveler type, the enotourism market is divided into solo and group. 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. 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. Learn more about how Statista can support your business. 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. 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. Covering around 102,000 hectares, the German wine country isnt the biggest but it is one of the most famous. Register in seconds and access exclusive features. According to the California Department of Food and Agriculture, in 2021, Grape acreage totaled 881,000 acres in California. It gained a lot of traction in the media, which started promoting an interest in wine-related activities. 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. With cheaper mass-produced wines being much more readily available now, smaller wineries are making less money and business is slowing down. Mosel is where you want to go for sweet wines and views that will leave you speechless. dollars)." 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. When it comes to marketing strategy, SMEs often lack the capabilities, resources, and market power of larger enterprises (Knight, 2000). It is also *the* region for wine festivals, which are of course a huge hit with enotourists. 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. 1. Some key players operating in the wine market include 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. 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. Are you interested in testing our business solutions? Please check with your bank for further details. Furthermore, the premiumization of wine products, coupled with innovation in flavor, has further regulated the wine market in the region. The country's wine production is A paid subscription is required for full access. Our support available to help you 24 hours a day, five days a week. The best way to do it is on an organised tour. Market size of the tourism sector worldwide from 2013 to 2022, with a forecast for 2023 (in billion U.S. dollars) [Graph]. Meanwhile, there has been a sudden change in the purchasing behavior of consumers. Nanakramguda Rd, Financial District, Gachibowli. [Online]. There are even wine museums you can visit! You only have access to basic statistics. 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