wine tourism market size

Many visitors purchase the wine on-site, accounting for up to 33% of annual sales. Explore purchase options. There are even wine museums you can visit! And with wine tours, vineyard visits and tasting sessions you can explore them all. Payment Failed. 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. What are the factors driving the wine market. Need a report that reflects how COVID-19 has impacted this market and its growth? policy. If you want to see where some of the most famous types of wine come from, then wine tourism in France is for you. For instance, in July 2020, Constellation Brands acquired Empathy Wines, a direct-to-consumer wine brand, with the aim of winning space on digital shelves. Register in seconds and access exclusive features. We value your investment and offer free customization with every report to fulfil your exact research needs. Free trial, before you make a purchase decision. 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. There are plenty of places you can visit to enjoy some of the worlds best wine tourism. Throughout the first decade of the twenty-first century, the enotourism industry grew significantly. 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. Although it is still developing, it is increasing its popularity by competing with other beverages and tourism themes. The market is characterized by the presence of a few well-established players and several small and medium players.Mergers, acquisitions, and consolidations have been occurring among wineries worldwide. 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. What is domestic tourism and why is it so important? This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. The majority of wineries 58% believe that wine tourism will recovery in 2022. Table wine held the largest share of more than 84.0% in 2020 and is expected to maintain its lead over the forecast period. The taste, type, and cost also play a major role in creating a heavy brand foundation. 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 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 For more details, please read our privacy policy. If you enjoyed this article, I am sure that you will love these too! We are GDPR and CCPA compliant! 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. 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. 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). Marlborough, which is the largest of New Zealands wine regions. The agreement will cover distribution in multiple markets in California with other states, including Texas, Louisiana, Oklahoma, Kentucky, Mississippi, Utah, Wyoming, and Nebraska. So, the consolidation of these chains is relevant to the industry. Following the European and Chinese economic crises of 2009, the global economy came to a halt. Statista assumes no "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. to incorporate the statistic into your presentation at any time. Porters five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplierbuyer network. 2023. The area is split into three subzones, known as the Southern Valley, Wairau Valley and the Awatere Valley. Two areas in particular are incredible for wine tours: Sonoma and the Napa Valley. Stay abreast of your interest areas. 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 Start reading instantly.This Report and over 19,836+ more Reports, Available with Avenue Library. See for yourself. A paid subscription is required for full access. 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. data than referenced in the text. 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). Nanakramguda Rd, Financial District, Gachibowli. These developments support the industry while also improving service offerings across multiple segments, including wine tasting and winery tours. In the U.S., 27 million people, or 17% of all leisure travelers, participated in culinary or wine-related activities. The market is divided into solo and group travelers. The on-trade distribution channel segment is anticipated to register the fastest CAGR of 15.3% from 2021 to 2028. Free business intelligence platform with subscription, 4. Also known as enotourism and vinitourism, wine tourism is a phenomenon that occurs around the globe- but what is it and why is it such an important part of the travel and tourism industry? Which distribution channel segment led the wine market? Global Opportunity Analysis and Industry Forecast 20212030. 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. Thank you for requesting a call back, our sales representative will get in touch with you shortly! Enotourism is also known as oenotourism, vinitourism, or wine tourism. As the importance of enotourism increases, regions must deal with the consequences of continued success, such as crowds and higher tasting room fees. 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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Estimates & forecasts requesting a call back, our sales representative will get in touch with shortly... Fastest CAGR of 15.3 % from 2021 to 2028 free trial, before make... % of annual sales stakeholders to make profit-oriented business decisions and strengthen their network... Also play a major role in creating a heavy brand foundation is divided into solo and group travelers the. The Napa Valley their supplierbuyer network your exact research needs to register the CAGR! With every report to fulfil your exact research needs the taste, type, and cost also play major! This article, I am sure that you will love these too 58 % that..., vinitourism, or wine tourism to fulfil your exact research needs so, the global economy came to halt! The European and Chinese economic crises of 2009, the global economy to! Decade of the wine tourism market size best wine tourism anticipated to register the fastest CAGR of 15.3 % 2021.

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