The first Wine Tourism Day in North America was announced on May 11, 2013, with events scheduled across the continent. 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 Asia Pacific is expected to register the fastest CAGR of 8.2% from 2021 to 2028. The best places to travel for vinitourism tourism, Wine tourism, enotourism & vinitourism- further reading. 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. This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. Please fill out the form below for a free PDF report sample & The rise of the market is being driven by the economic growth and an increase in disposable income. Many visitors purchase the wine on-site, accounting for up to 33% of annual sales. Show publisher information One of the largest aggregate markets in Europe is France due to its larger population and high per capita wine consumption. Enotourism is a new type of tourism. [Online]. It adds a slightly deeper aspect to your trip; its something a bit different from simply lounging by the pool! September 22, 2021. 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. 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. Pandemic disrupted the entire world and affected many industries. 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. South Africa and New Zealand have much fewer wine tourists each year, welcoming around 0.5 and 0.2 million respectively. The group helps in the exploration of new locations by providing accurate vineyard information. Which segment accounted for the largest wine market share? WebIn the United States 27 million travelers, or 17% of American leisure travelers, engaged in culinary or wine-related activities. Owing to the above factors, the players have been expanding their reach across the region and using various strategies to penetrate the market further. Nonetheless, innovations in wine products and various flavors are likely to provide lucrative opportunities for the imported wine market in the United States. Need to talk to an expert? 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. WebWine regions are attracting increasing numbers of tourists through tours, wine festivals and events, and winery, restaurant and cellar door experiences. Web(WFR) and wine festivals/events are a powerful means for developing the rural tourism market (Asero and Patti, 2009). ", IBISWorld, 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) Statista, https://www.statista.com/statistics/1176770/wine-bar-industry-market-size-us/ (last visited March 02, 2023), 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], IBISWorld, September 22, 2021. Clicking on the following button will update the content below. What is pro-poor tourism and why is it so great. 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 assumes no In-depth industry statistics and market share insights of the United States Wine Market sector for 2020, 2021, and 2022. This report provides an accurate prediction of the contribution of all the segments to the growth of the organic wine market size. Get the best reports to understand your industry. For each segment, the market sizing and forecasts have been done based on value (in USD million). The region offers significant potential due to its large customer base, rising disposable incomes, and favorable climatic conditions for wine cultivation, especially in China. Business Solutions including all features. Some of the best places to visit include. Clicking on the following button will update the content below. By submitting, you confirm that you agree to Wine market revenue worldwide from 2012 to 2025 (in million U.S. dollars) Worldwide revenue of the wine market 2021, by country Worldwide revenue of the wine ", IBISWorld, Market size of the tourism sector worldwide from 2013 to 2022, with a forecast for 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1220218/tourism-industry-market-size-global/ (last visited March 02, 2023), Market size of the tourism sector worldwide from 2013 to 2022, with a forecast for 2023 (in billion U.S. dollars) [Graph], IBISWorld, February 1, 2023. Statista. Accessed March 02, 2023. https://www.statista.com/statistics/1220218/tourism-industry-market-size-global/, IBISWorld. Later still and much more recently, in 2004, the film Sideways starring Paul Giamatti and Thomas Haden Church showcased two men embarking on a wine tour through Santa Ynez Valley. Top wine importers in the United States are Southern Wine and Spirits, Southern Glazers, Fredrick Wildman and Sons, Charmer Sunbelt Group, Youngs Market Company, Vine Street Imports, Wirtz Beverages, etc. Avail customized purchase options to meet your exact research needs. Youll experience drop dead gorgeous views that will surely take your breath away. The major strategies used by players to grow their market share include launching innovative solutions amid the complex market situation to cater to the transforming consumption pattern of the local population. Wine tourism, also known as enotourism and vinitourism, is a focused branch of food tourism which is specifically to do with wine. Who are the key players in the wine market? T&C*. Thank you for your Purchase. The agreement will cover distribution in multiple markets in California with other states, including Texas, Louisiana, Oklahoma, Kentucky, Mississippi, Utah, Wyoming, and Nebraska. As a wine tourist on a specific wine tourism trip like a tour through a specific region you can experience so many benefits. November 2020. Review. As with any type of food tourism, you dont have to travel particularly far to engage with wine tourism. Smaller brands have a harder time gaining placement on the shelves and on wine lists because the head office may choose a few brands to use in all of their locations. This may have the opposite effect desired, driving away potential visitors and turning them to enotourism. Global Opportunity Analysis and Industry Forecast 20212030. The off-trade channel is further classified into supermarkets/hypermarkets, specialty stores, online retail channels, and other distribution channels. Are you interested in testing our business solutions? Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Book your free consultation and let our research experts help you with your needs/problems. b. The Paris Wine Tasting of 1976 in the Napa Valley, California, was another turning point for wine tourism. We are happy to help. According to the United States Department of Commerce, wine sales in the United States increased in 2021 as compared to the previous. A proper wine tasting session at your local pub or bar, for example, is definitely a wine tourism activity. The on-trade distribution channel segment is anticipated to register the fastest CAGR of 15.3% from 2021 to 2028. There are even wine museums you can visit! Are you interested in testing our business solutions? All Rights Reserved. And if you dont want a whole wine-focused holiday but still want a taste of the good stuff on your trip, there are plenty of day trips you can book! Registered office: 85 Great Portland street, First Floor, London, W1W 7LT. According to enotourism market analysis, the market is segmented on the basis of tour type, traveler type, age group, and region. The leading players operating in the global enotourism market are 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. A. Wine tourism is BIG business! This website is secure and your personal details are safe. Discounted price for multiple reports across domains, 2. The market is divided into solo and group travelers. 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. And are there benefits to the tourists themselves? The Report Offers Market Size and Values in (USD Million) During the Forecasted Years for the Above Segments. 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. 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. 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. 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 innovation in terms of flavor, color, and packaging customizations has led to increased sales of wines across the country. And with wine tours, vineyard visits and tasting sessions you can explore them all. 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. According to recently released data at the International Wine Tourism Conference held in February of 2012, wine tourism in Italy generates 5 billion ($6.5 billion USD) a year (IANS, 2012). Web31% of wineries think that wine tourism will return to normal levels in 2021. To use individual functions (e.g., mark statistics as favourites, set People are curious to see how the world around them works, which is why any form of industrial tourism is popular. Dollars). 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. 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