Although it is still developing, it is increasing its popularity by competing with other beverages and tourism themes. The market size of the global tourism sector grew by roughly 41 percent in 2022 over the previous year, after dropping dramatically with the onset of the coronavirus 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. Profit from the additional features of your individual account. 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. Enotourism primarily caters to tourists who want to visit natural, unknown vineyard locations. Need a report that reflects how COVID-19 has impacted this market and its growth? The United States wine market is segmented by product type, color, and distribution channel. The first Wine Tourism Day in North America was announced on May 11, 2013, with events scheduled across the continent. Countries such as Germany and the U.K. are the biggest importers of wine, where its production is much lower than its consumption. The Asia Pacific market is expected to grow at the fastest rate during the forecast period. Please do not hesitate to contact me. Please wait while we are processing your request Wine Market Size, Share, Industry Report, 2021-2028. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. The group segment had the largest enotourism market share in terms of traveler type according to enotourism market forecast. Your transaction & personal information is safe and secure. Wine tourism is a novel phenomenon in India (Kansara, 2019), growing among the urban crowd as a leisure activity and memorable experience (Singh & Wagner, 2019;Singh et al., 2020). Two areas in particular are incredible for wine tours: Sonoma and the Napa Valley. This section covers the major market trends shaping the US Wine Market according to our research experts: To understand key trends, Download Sample 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). 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). We are happy to help. The US wine market is anticipated to witness a CAGR of 1.47% over the forecast period. Book your free consultation and let our research experts help you with your needs/problems. Business Solutions including all features. With the changing lifestyles, there has been a shift in alcohol consumption-from hard liquor to mild alcoholic beverages, such as beer, wine, and seltzers. The framework includes rules and regulations for enotourism activities including vineyard tours and wine tastings. dollars)." Pandemic disrupted the entire world and affected many industries. 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? "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. It is all about getting to know the world of wine as you travel. With good wine comes good food thats just a given. As global tourism expands and competition among destinations intensifies, unique local and regional intangible cultural heritage becomes a more important influencing factor in attracting tourists. If you enjoyed this article, I am sure that you will love these too! On the basis of tour type, the market is categorized as private guided tours and self-guided tours. 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. March 2022: Meiomi Wines announced the release of the Red Blend, adding another flavor sourced from Meiomis signature California regions. This can Covering around 102,000 hectares, the German wine country isnt the biggest but it is one of the most famous. b. 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. 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. Every year on the second Sunday of November; Germany, Austria, Slovenia, Spain, France, Greece, Hungary, Italy, and Portugal commemorate "Enotourism Day" to promote cellar visits. 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. Nonetheless, innovations in wine products and various flavors are likely to provide lucrative opportunities for the imported wine market in the United States. Please do not hesitate to contact me. Please create an employee account to be able to mark statistics as favorites. Mosel is where you want to go for sweet wines and views that will leave you speechless. February 1, 2023. Start reading instantly.This Report and over 19,836+ more Reports, Available with Avenue Library. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. The market size of the wine bar sector in the United States reached 1.73 billion U.S. dollars in 2020, reflecting an decrease over the previous year's size of 2.39 Read on to find out. Statista assumes no The total acreage of raisin-type grapes was 138,000 acres. Please do not hesitate to contact me. French judges blind-tasted French and Californian wines and controversially, the Californian beverages came out on top. A paid subscription is required for full access. The country's wine production is Get the best reports to understand your industry, Alcohol consumption in the United Kingdom. Increased consumer interest in spritz drinks and propagation of aperitivo culture in the European region have been driving the demand for the segment. The top sex tourism countries in the world, Components of tourism: Structure of the tourism industry, 13 Social impacts of tourism + explanations + examples, 10 Economic impacts of tourism + explanations + examples, 150 types of tourism that are trending right now. 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]. We are happy to help. Financial Services and Investment Intelligence. The market is divided into solo and group travelers. Wine tours are so popular in California, and a real must-do if youre in the area and have a penchant for wine. Available: https://www.statista.com/statistics/1220218/tourism-industry-market-size-global/, Market size of the tourism sector worldwide from 2013 to 2022, with a forecast for 2023, Available to download in PNG, PDF, XLS format, Tourism sector's market size worldwide 2013-2023, Online travel market size worldwide 2020-2026, Key information on the global travel agency industry January 2023, Leading online travel companies worldwide 2022-2023, by EV/EBITDA, Leading online travel companies worldwide 2020-2022, by revenue CAGR, Leading global travel companies by number of employees 2021, Revenue of leading online travel agencies (OTAs) worldwide 2019-2021, Total revenue of Trip.com Group 2012-2021, Most popular travel and tourism websites worldwide 2023, Total visits to travel and tourism website booking.com worldwide 2021-2023, Total visits to travel and tourism website tripadvisor.com worldwide 2020-2023, ACSI - U.S. customer satisfaction with online travel websites as of 2022, Most downloaded travel apps worldwide 2022, by aggregated downloads, Most downloaded online travel agency apps worldwide 2022, by aggregated downloads, U.S. travel agency industry market size 2012-2022, U.S. tour operator industry market size 2012-2022, Leading travel agents ranked by number of outlets in the UK 2023, Leading ATOL-licensed tour operators in the UK 2023, by passengers licensed, Revenue of Hays Travel Limited in the UK 2008-2022, Worldwide cruise company market share 2021, Revenue of Carnival Corporation & plc worldwide 2008-2022, Revenue of Royal Caribbean Cruises worldwide 1988-2022, Revenue of Norwegian Cruise Line worldwide 2011-2022, TUI cruise brand revenue worldwide 2015-2022, by brand, COVID-19 impact on revenue of leading cruise companies worldwide 2020-2022, Leading European countries in the Travel & Tourism Development Index 2021, Italy: number of non-EU tourists in Florence YoY growth, by country 2016, Leading countries in the MEA in the Travel & Tourism Competitiveness Index 2018, Italy: overnights of foreign tourists in Florence municipal area, Tuscany 2015-2016, Italy: hotels occupation rate in Florence 2016, by hotel rating, Italy: average tourists' length of stay Florence municipal area 2015-2016, Sub-Saharan African countries in the Travel & Tourism Competitiveness Index 2019, Overnight travelers in Central Visayas Philippines 2021, by type, Overnight travelers in CAR Philippines 2021, by type, Overnight travelers in Western Visayas Philippines 2021, by type, Overnight travelers in NCR Philippines 2021, by type, Overnight travelers in Caraga region Philippines 2021, by type, Overnight travelers in Bicol region Philippines 2021, by type, Overnight travelers in SOCCSSARGEN Philippines 2021, by type, Overnight travelers in MIMAROPA Philippines 2021, by type, Travel agencies in the United Kingdom (UK), Market size of the tourism sector worldwide from 2013 to 2022, with a forecast for 2023 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports. *Disclaimer: Major Players sorted in no particular order. Furthermore, a significant increase in government initiatives to encourage tourism in the form of private and public partnerships is expected to drive the global enotourism market in the coming years. The manufacturers, thus, procure grapes in bulk from these vineyards to produce wines at lower prices and fulfill the demand for locally produced wines. If you are an admin, please authenticate by logging in again. As soon as this statistic is updated, you will immediately be notified via e-mail. 2023. Below youll find some incredible destinations, tours and wineries perfect for enotourists! Youll experience drop dead gorgeous views that will surely take your breath away. What is pro-poor tourism and why is it so great. 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 What are the factors driving the wine market. b. Please fill out the form below for a free PDF report sample & The market player positioning segment facilitates benchmarking while providing a clear understanding of the present position of the key market players. The partnership and collaboration are key growth strategies of Enotourism players. From pretty Germany to jaw-dropping New Zealand, wine tourists get a *lot* of the nicest destinations! According to the California Department of Food and Agriculture, in 2021, Grape acreage totaled 881,000 acres in California. A. 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. T&C*. 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. Report scope can be You need a Statista Account for unlimited access. For better delivery of our new release, Please help us undestand your interest Industry and Frequency that you prefer to get the new releases. Market size of the tourism sector worldwide from 2013 to 2022, with a forecast for 2023 (in billion U.S. dollars) [Graph]. Key factors that are driving the wine market growth include the rising adoption of wine among all age groups from the young generation to the old age population across the globe. Global Opportunity Analysis and Industry Forecast 20212030. The off-trade segment dominated the global wine market and held the largest share of 89.0% in 2020. b. Europe led the global wine market with the largest share of over 46.0% in 2020. b. Get full access to all features within our Business Solutions. policy. b. Following the films release and success, the enotourism industry definitely saw a boost! We are happy to help. To use individual functions (e.g., mark statistics as favourites, set The US Wine Market is Segmented by Product Type (Still Wine, Sparkling Wine, and Other Product Types), Color (Red Wine, Rose Wine, White Wine, and Other Colors), and Distribution Channel (On-trade and Off-trade). Dollars). expertise, problem solving ability and inclination. All Rights Reserved. You can only download this statistic as a Premium user. 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. Please be sure to check your spam folder too. The best way to do it is on an organised tour. The growing party culture among the younger and working-class population across the globe is expected to boost the sales of the product through an on-trade sales channel. According to the United States Department of Commerce, wine sales in the United States increased in 2021 as compared to the previous. Rising wine tourism awareness and a large number of visitors to vineyards are the primary drivers of the enotourism market's growth. Get detailed COVID-19 impact analysis on the Enotourism Market. Due to varying update cycles, statistics can display more up-to-date The United States Wine Market market is studied from 2016 - 2027. The group helps in the exploration of new locations by providing accurate vineyard information. The impact of COVID-19 has been unprecedented and staggering, with healthcare services in medical tourism witnessing a negative demand The Paris Wine Tasting of 1976 in the Napa Valley, California, was another turning point for wine tourism. Privacy Policy. Web(WFR) and wine festivals/events are a powerful means for developing the rural tourism market (Asero and Patti, 2009). The wine sales were 435.1 million 9-liter cases in 2020, whereas the sales amounted to approximately 450.6 million 9-liter cases in 2021.

The World's Easiest Game Queasy Cat, Fanfiction Loki Claimed Clint, Oak Ridge City Council Election, Articles W