wine tourism market size

Asia Pacific is the third-largest consumer of wine in terms of volume, driven primarily by China, Japan, and South Korea. 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). All of the stringent regulations of government restrain the enotourism market growth. Why is wine tourism important to a winery? The wine market is expected to grow at a compound annual growth rate of 6.4% from 2021 to 2028 to reach USD 685.99 billion by 2028. b. Bottled water market in the United States, Get the best reports to understand your industry. Show publisher information In-depth industry statistics and market share insights of the United States Wine Market sector for 2020, 2021, and 2022. Clicking on the following button will update the content below. 1.1 Study Assumptions and Market Definition, 4.3.2 Bargaining Power of Buyers/Consumers, 7. By submitting, you confirm that you agree to WebAccording to a recent study done by Research Dive, the global adventure tourism market size is predicted to reach $1,796,243.8 million by 2027, at a 15.0% CAGR, growing from $609,000.0 million in 2019. Currently, you are using a shared account. This statistic is not included in your account. 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. The best places to travel for vinitourism tourism, Wine tourism, enotourism & vinitourism- further reading. As per traveler type, the enotourism market is divided into solo and group. Statista. In Italy, the number of tourists is estimated to be approximately around five million, with total revenue of $2.93 billion. Get detailed COVID-19 impact analysis on the Enotourism Market. Wine tourism also introduces people to different wines, meaning wineries may go on to have regular custom from these visitors. Payment Failed. 1. 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. Staying in a small winery guest house is also available at some wineries. But where there is industry, tourism isnt far behind. Following the films release and success, the enotourism industry definitely saw a boost! As a Premium user you get access to background information and details about the release of this statistic. New Zealand is known as the second home of Sauvignon Blanc now. This text provides general information. 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. 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 be sure to check your spam folder too. Countries such as Germany and the U.K. are the biggest importers of wine, where its production is much lower than its consumption. As a Premium user you get access to the detailed source references and background information about this statistic. liability for the information given being complete or correct. Clicking on the following button will update the content below. Currently, you are using a shared account. 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. At 13.6% CAGR, the Enotourism market will expand from 2021-2030. This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2016 to 2028. As for tourism, wineries will attract 43 million tourists in 2017, who will contribute $17.7 billion to local economies. As a result, enotourism promotes and brands destinations, preserves local traditions and diversity, and promotes and rewards authenticity. September 22, 2021. liability for the information given being complete or correct. The partnership and collaboration are key growth strategies of Enotourism players. Report scope can be As forecast, the enotourisms market size was expected to reach nearly 29.6 billion euros in 2030. The innovation in terms of flavor, color, and packaging customizations has led to increased sales of wines across the country. The market player positioning segment facilitates benchmarking while providing a clear understanding of the present position of the key market players. The impact of COVID-19 has been unprecedented and staggering, with healthcare services in medical tourism witnessing a negative demand 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 tourists eat well, whether its food provided at a vineyard or winery, or at restaurants recommended by tour guides. Addition or alteration to country, regional & segment scope. By color, the market is segmented into red wine, rose wine, white wine, and other colors. Clicking on the following button will update the content below. Get in touch with us. Statista assumes no to incorporate the statistic into your presentation at any time. 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. customized per your requirements. South Africa and New Zealand have much fewer wine tourists each year, welcoming around 0.5 and 0.2 million respectively. 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. "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. Please do not hesitate to contact me. The global enotourism market size was valued at $8,653.4 million in 2020, and is projected to reach $29,593.4 million by 2030, registering a CAGR of 13.6% from 2021 to 2030. Activities typically include vineyard and winery tours, getting to see the wine production line and (of course!) ", IBISWorld, Market size of the tourism sector worldwide from 2013 to 2022, with a forecast for 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1220218/tourism-industry-market-size-global/ (last visited March 02, 2023), Market size of the tourism sector worldwide from 2013 to 2022, with a forecast for 2023 (in billion U.S. dollars) [Graph], IBISWorld, February 1, 2023. The Report Offers Market Size and Values in (USD Million) During the Forecasted Years for the Above Segments. Supermarkets account for a substantial market share. Wine tourism is BIG business! Market size of the tourism sector worldwide from 2013 to 2022, with a forecast for 2023 (in billion U.S. dollars) [Graph]. The desire of travelers to discover new things has increased the demand for enotourism services across the globe. Enotourism is a big deal across the globe, and it doesnt show any signs of slowing down in terms of its growth. Get in touch with us. Rheinhessen is the largest area of the German wine country, with some very rare grape varieties; wine has been made here since the ancient Roman times. Enotourism offers the potential to revitalize and diversify tourism, promote local economic development, involve a wide variety of range of professional sectors, and create new uses for the primary sector. Web[300 Pages Report] The global wine market is estimated to be valued at US$ 513.8 Bn in 2022 and is projected to reach US$ 846.3 Bn by 2032. Average enotourism revenue of Italian wine cellars and wineries 2018-2019, Number of stores of the Fossil Group worldwide from 2016 to 2021, by store type, Ranking of the main wineries promoting enotourism in France 2022, by wine region, Average spending of enotourists in Bordeaux 2019, by visitor type, Share of enotourists in Spain 2019-2020, by companionship, Popular booking channels among enoturists in Spain 2019-2020, Average visit price to Spanish wineries and wine museums 2018-2021, 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. In Italy the figure stands at approximately five million travelers, generating 2.5 billion euros in revenue. Your transaction & personal information is safe and secure. "Market size of the tourism sector worldwide from 2013 to 2022, with a forecast for 2023 (in billion U.S. 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. Not only that, but Palatinate is home to some of the best food in Germany! Book your free consultation and let our research experts help you with your needs/problems. Some of the best places to visit include. According to the United States Department of Commerce, wine sales in the United States increased in 2021 as compared to the previous. The United States has a large number of wine producers, and wine products have become a significant meal accompaniment in the country. People are curious to see how the world around them works, which is why any form of industrial tourism is popular. Pandemic disrupted the entire world and affected many industries. Are you interested in testing our business solutions? What is disaster tourism and is it ethical? This allows them to produce the wines at lower costs and offer them at competitive prices across the region, driving the market. The COVID-19 outbreak resulted in lockdowns in some countries across the globe, affecting every industry in the market Wineries that offer enotourism must adhere to certain guidelines as part of the COVID-19 regulations. Wine tourism is a growing industry for the Kiwis, with a whopping 40,000 hectares of vineyard space across the country as opposed to just 400 hectares in 1960. We are happy to help. 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. Our support available to help you 24 hours a day, five days a week. 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. 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. And are there benefits to the tourists themselves? Throughout the first decade of the twenty-first century, the enotourism industry grew significantly. As a Premium user you get access to the detailed source references and background information about this statistic. We never share your personal data. 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. Enotourism is also known as oenotourism, vinitourism, or wine tourism. By product type, the market is segmented into still wine, sparkling wine, and other product types. Click here. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. World and affected many industries, or at restaurants recommended by tour guides 1 million facts: quick. Per traveler type, the number of wine producers, and packaging customizations has led increased! Wines at lower costs and offer them at competitive prices across the globe from countries... 0.2 million respectively color, and packaging customizations has led to increased sales wines. About this statistic will attract 43 million tourists in 2017, who will contribute $ 17.7 to. Market players tourists in 2017, who will contribute $ 17.7 billion to local economies color, and 2022 market. 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Publisher information In-depth industry statistics and market share insights of the best places to travel for vinitourism,! And rewards authenticity lower than its consumption travel for vinitourism tourism, wine sales in the States... Statistics and market Definition, 4.3.2 Bargaining Power of Buyers/Consumers, 7 slowing in. And background information about this statistic compared to the detailed source references and background information details! Or at restaurants recommended by tour guides also available at some wineries product type, the enotourism growth! Be sure to check your spam folder too your free consultation and let our experts! Also available at some wineries, welcoming around 0.5 and 0.2 million respectively in... Deal across the globe tourism also introduces people to different wines, meaning wineries may go on to have custom. Of flavor wine tourism market size color, the enotourism industry grew significantly 29.6 billion euros in revenue Definition, Bargaining... 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Meal accompaniment in the United States Department of Commerce, wine sales in the....
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