Get full access to all features within our Business Solutions. The Impact of Covid-19 on Wine Tourism. liability for the information given being complete or correct. We never share your personal data. 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. 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. Access to this and all other statistics on 80,000 topics from, Show sources information Dollars). 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. Profit from the additional features of your individual account. Vins du Monde shared some interesting statistics too, particularly related to where the most wine tourism takes place. If you are an admin, please authenticate by logging in again. 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. The global enotourism market is segmented on the basis of tour type, traveler type, age group and region. Nanakramguda Rd, Financial District, Gachibowli. The majority of wineries 58% believe that wine tourism will recovery in 2022. Click here. This statistic is not included in your account. Thank you for your Purchase. Free business intelligence platform with subscription, 4. 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. The US wine market is competitive, with the presence of several global as well as domestic players. IBISWorld. The on-trade distribution channel segment is anticipated to register the fastest CAGR of 15.3% from 2021 to 2028. Do you want to check out a section wise price list? WebIndustry Reports . Thus, the continuous growth in the import of high-quality wines into the country is expected to cater to the strong consumer base and drive the country's wine market shortly. Accessed March 02, 2023. https://www.statista.com/statistics/1220218/tourism-industry-market-size-global/, IBISWorld. The best places to travel for vinitourism tourism, Wine tourism, enotourism & vinitourism- further reading. Find your information in our database containing over 20,000 reports, produced over 773 million gallons of wine, nine percent of the global wine production volume, sales share of wine among alcoholic beverages, generated about 582 million dollars in sales, out at restaurants or celebrating a special occasion. It comes with the additional cost of $2500.00 contact sales. WebAccording to the United States Department of Commerce, wine sales in the United States increased in 2021 as compared to the previous. 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. 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). Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Youll experience drop dead gorgeous views that will surely take your breath away. 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. There were and are various routes, though none are more famous than Weinstrae, which is the oldest and runs through the Palatinate wine region. 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. Please be sure to check your spam folder too. Registered office: 85 Great Portland street, First Floor, London, W1W 7LT. All of the stringent regulations of government restrain the enotourism market growth. Marlborough, which is the largest of New Zealands wine regions. Covering around 102,000 hectares, the German wine country isnt the biggest but it is one of the most famous. There are plenty of places you can visit to enjoy some of the worlds best wine tourism. Enotourism has been a part of the wine industry since a long time and is now one of the most profitable tourism segments. The wines are made on heat-storing slate soil, which is really unique and of course fascinating to learn about as a wine tourist. Please wait while we are processing your request Wine Market Size, Share, Industry Report, 2021-2028. Sparkling wine is projected to register the fastest CAGR of 6.6% from 2021 to 2028. According to the United States Department of Commerce, wine sales in the United States increased in 2021 as compared to the previous. Supermarkets account for a substantial market share. It adds a slightly deeper aspect to your trip; its something a bit different from simply lounging by the pool! Payment Failed. Typically, visitors learn about the history, observe the winemaking process, and then taste the wines. With the ongoing pandemic, the off-trade distribution channel has seen more growth as compared to the on-trade channel. Furthermore, countries in the Middle East, such as the UAE and Saudi Arabia, have banned the consumption of alcoholic beverages. Enotourism includes wine tasting, consumption, or purchase, visits to wineries and vineyards, organized wine tours, wine festivals, and other wine-related events. Global Opportunity Analysis and Industry Forecast 20212030. *Disclaimer: Major Players sorted in no particular order. 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. By product type, the market is segmented into still wine, sparkling wine, and other product types. Read on to learn a bit more about it. These developments support the industry while also improving service offerings across multiple segments, including wine tasting and winery tours. 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. As mentioned above, enotourism has a positive impact on wineries and winemakers. 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. Enotourism primarily caters to tourists who want to visit natural, unknown vineyard locations. We are always looking to hire talented individuals with equal and extraordinary proportions of industry Wine tourism, also known as enotourism and vinitourism, is a focused branch of food tourism which is specifically to do with wine. 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. Due to varying update cycles, statistics can display more up-to-date The off-trade segment held the largest share of 89.0% in 2020.The off-trade distribution channel includes retail outlets, supermarkets, and hypermarkets. 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. One of the largest aggregate markets in Europe is France due to its larger population and high per capita wine consumption. This allows them to produce the wines at lower costs and offer them at competitive prices across the region, driving the market. Free upgrade to enterprise license (allows to share across all company locations), 5. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 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 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. People are curious to see how the world around them works, which is why any form of industrial tourism is popular. The Asia Pacific market is expected to grow at the fastest rate during the forecast period. And are there benefits to the tourists themselves? 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. 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