A paid subscription is required for full access. 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. 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. What is disaster tourism and is it ethical? The wine market size was estimated at USD 417.85 billion in 2020 and is expected to reach USD 434.99 billion in 2021. b. The US wine market is anticipated to witness a CAGR of 1.47% over the forecast period. As with any type of food tourism, you dont have to travel particularly far to engage with wine tourism. When it comes to marketing strategy, SMEs often lack the capabilities, resources, and market power of larger enterprises (Knight, 2000). The travel and tourism industry were completely shut down during a coronavirus pandemic outbreak as a result, the industry was declining. This may have the opposite effect desired, driving away potential visitors and turning them to enotourism. You need at least a Starter Account to use this feature. Statista. Click here. As a Premium user you get access to background information and details about the release of this statistic. 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. Many visitors purchase the wine on-site, accounting for up to 33% of annual sales. expertise, problem solving ability and inclination. What is the market size of the Tourism industry in the US? 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 Research expert covering travel, tourism and hospitality. Your transaction & personal information is safe and secure. Chart. All of the stringent regulations of government restrain the enotourism market growth. With the ongoing pandemic, the off-trade distribution channel has seen more growth as compared to the on-trade channel. Nanakramguda Rd, Financial District, Gachibowli. Are you interested in testing our business solutions? 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. For better delivery of our new release, Please help us undestand your interest Industry and Frequency that you prefer to get the new releases. 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. Single User License, Five User License & Enterprise User License. Get in touch with us. 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. our privacy policy, By submitting, you confirm that you agree to our privacy As the importance of enotourism increases, regions must deal with the consequences of continued success, such as crowds and higher tasting room fees. Table wine dominated the wine market with a share of 84.0% in 2020. We are GDPR and CCPA compliant! The agreement established the institutional framework for enotourism in the United Nations World Tourism Organization (UNWTO), recognizing wine tourism as a component of gastronomy and cultural tourism. 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. 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]. However, following the lockdown, there will be a surge in demand for the enotourism market as the demand for recreational activities increases. A. Learn more about how Statista can support your business. And are there benefits to the tourists themselves? This website is secure and your personal details are safe. Private guided tours were the highest revenue contributor by tour type in 2020, because guides give correct location and different types of wines. These developments support the industry while also improving service offerings across multiple segments, including wine tasting and winery tours. The enotourism market is divided as private guided tours and self-guided tours based on tour type. Thank you for your Purchase. The book highlights 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. 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. liability for the information given being complete or correct. For the tourism industry, wine constitutes an important factor of a destinations attractiveness and can be considered as more than just a product; it is a multisensory experience and at the same time a powerful symbol of social status, associated with quality tourism and travellers seeking authenticity and high levels of 1.1 Study Assumptions and Market Definition, 4.3.2 Bargaining Power of Buyers/Consumers, 7. The majority of winery visits take place at or near the production site of winery. 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. 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. statistic alerts) please log in with your personal account. From Champagne to Bordeaux, there are so many regions here with wines named after them. 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. We are happy to help. to incorporate the statistic into your presentation at any time. policy. Please do not hesitate to contact me. Are you interested in testing our business solutions? [Online]. 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. The total acreage of raisin-type grapes was 138,000 acres. Enotourism is a big deal across the globe, and it doesnt show any signs of slowing down in terms of its growth. Please create an employee account to be able to mark statistics as favorites. 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. Online Wine Tastings around the World. The total grape cultivation for the production of wine accounted for 615,000 acres, while the table-type grape acreage totaled 128,000 acres. 2023 Allied Market Research. 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. What is slow tourism explained and why is it so good? 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. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. The United States Wine Market is growing at a CAGR of 1.47% over the next 5 years. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Global wine consumption in 2021, by country, Leading countries in wine production worldwide 2021, Wine market revenue worldwide from 2012 to 2025 (in million U.S. dollars), Worldwide revenue of the wine market 2021, by country, Revenue of the wine market worldwide by country in 2021 (in million U.S. dollars), Wine market value worldwide in 2025, by country, Market value of wine worldwide in 2025, by country (in million U.S. dollars), Global: wine market sales channel share 2012-2025, Share of sales channels of the wine market worldwide from 2012 to 2025, Global wine trade volume from 2010 to 2021, by key region or country, Share of wine trade volume worldwide from 2010 to 2021, by major region or country, Global leading countries in wine export 2021, based on value, Worldwide leading countries in wine export in 2021, based on value (in billion euros), Global leading countries in wine export 2021, based on volume, Leading countries in wine export worldwide in 2021, based on volume (in million hectoliters), Global market: leading wine importing countries 2021, based on value, Leading wine import markets worldwide in 2021, based on value (in billion euros), Global leading countries in wine import 2021, based on volume, Worldwide leading countries in wine import in 2021, based on volume (in million hectoliters)*, Global wine export prices 2020, by country, Average export prices of wine worldwide in 2020, by country (in U.S. dollars per liter), Wine production worldwide from 1990 to 2021 (in million hectoliters), Wine production worldwide in 2021, by country (in million hectoliters), Global vineyard surface area 2021, by country, Vineyard surface area worldwide in 2021, by leading country (in 1,000 hectares)*, Global: wine market revenue 2012-2025, by segment, Revenue of the wine market worldwide from 2012 to 2025, by segment (in billion U.S. dollars), Global: wine market revenue growth 2013-2025, by segment, Growth of revenue of the wine market worldwide from 2012 to 2025, by segment, Global wine grape variety share 1990-2016, Share of the leading wine grape varieties worldwide from 1990 to 2016, Global red wine grape variety share 1990-2016, Share of the leading red wine grape varieties worldwide from 1990 to 2016, Organic vineyard share of total world vineyard area from 2005 to 2019, Global organic wine vineyard area in 2019, by country share, Share of organic wine vineyard area worldwide in 2019, by country, Global organic vineyard area 2019, by country, Leading countries in organic vineyard surface area worldwide in 2019 (in 1,000 hectares), Organic vineyard area share 2019, by country, Organic vineyard share of total vineyard area worldwide in 2019, by country, Wine consumption worldwide from 2000 to 2021 (in million hectoliters), Wine consumption worldwide in 2021, by country (in million hectoliters), Global: wine market per capita volume 2012-2025, by segment, Volume per capita of the wine market worldwide from 2012 to 2025, by segment (in liters), Countries with highest wine consumption per person 2020, Average per capita consumption of wine in leading countries worldwide in 2020 (in liters). Youll experience drop dead gorgeous views that will surely take your breath away. This statistic is not included in your account. WebThe global medical tourism market size was USD 11.56 billion in 2020. As a wine tourist on a specific wine tourism trip like a tour through a specific region you can experience so many benefits. Access to this and all other statistics on 80,000 topics from, Show sources information Wine tours are so popular in California, and a real must-do if youre in the area and have a penchant for wine. wine tasting. A paid subscription is required for full access. Free report customization (equivalent up to 8 analysts working days) with purchase. Web31% of wineries think that wine tourism will return to normal levels in 2021. customized per your requirements. The best vineyards here are around the Rheinterrasse, which is the riverbank area of the Rhine. There are many benefits of wine tourism. Business Solutions including all features. 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. Not only that, but Palatinate is home to some of the best food in Germany! By color, the market is segmented into red wine, rose wine, white wine, and other colors. In Italy, the number of tourists is estimated to be approximately around five million, with total revenue of $2.93 billion. The Report Offers Market Size and Values in (USD Million) During the Forecasted Years for the Above Segments. There are plenty of places you can visit to enjoy some of the worlds best wine tourism. Clicking on the following button will update the content below. For each segment, the market sizing and forecasts have been done based on value (in USD million). Get insights on topics that are crucial for your business. 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. Which regional segment dominated the wine market? 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. You can experience so many benefits by color, the industry was.... Named after them, but Palatinate is home to some of the best. 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