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. Enotourism is a big deal across the globe, and it doesnt show any signs of slowing down in terms of its growth. This website is secure and your personal details are safe. We value your investment and offer free customization with every report to fulfil your exact research needs. The most important key figures provide you with a compact summary of the topic of "Wine tourism in European countries" and take you straight to the corresponding statistics. The young and working-class people in these regions are including wine in their diet, house parties, and occasional drinks. 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. Wine tourism is BIG business! Book a tour and visit multiple wineries, eat lunch, see the gorgeous scenery and most importantly, taste some of the local wines. It adds a slightly deeper aspect to your trip; its something a bit different from simply lounging by the pool! Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 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. 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 liability for the information given being complete or correct. According to a study promoted by the European Association of Wine Economists and the Chaire Vins et Spiritueux de INSEEC U., in May 2020, the frequency of the consumption of wine has increased significantly during the confinement phase resulting from the outbreak of coronavirus in Spain and the rest of Europe. 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. Clicking on the following button will update the content below. The global wine market is projected to grow with a CAGR of 5.8%, during the forecast period (2020 - 2025). The wine market is driven by increasing demand for wine, due to its health benefits and premiumization of wine products, coupled with innovation in flavor and more advanced distribution networks, globally. Bottled water market in the United States, Get the best reports to understand your industry. 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. 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. Meanwhile, there has been a sudden change in the purchasing behavior of consumers. 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. Show publisher information Profit from the additional features of your individual account. We are happy to help. The renowned players have a strong hand due to their brand image and are, therefore, indulging in geographical expansions, while others are considering mergers, acquisitions, and partnerships to capture regional market shares. A strong recovery from the crisis, on the other hand, leads to significant economic growth, particularly in developing economies, and has increased disposable income among middle-income groups, thereby increasing the middle-class population. The country's wine production is Mosel is where you want to go for sweet wines and views that will leave you speechless. Please do not hesitate to contact me. 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. With the ongoing pandemic, the off-trade distribution channel has seen more growth as compared to the on-trade channel. The United States has a large number of wine producers, and wine products have become a significant meal accompaniment in the country. 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. For better delivery of our new release, Please help us undestand your interest Industry and Frequency that you prefer to get the new releases. Avail customized purchase options to meet your exact research needs. 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. All Rights Reserved. You need a Statista Account for unlimited access. The company claims the product has the same premium taste that customers expect but with new, bold flavors and more options. Sparkling wine is projected to register the fastest CAGR of 6.6% from 2021 to 2028. [Online]. The global wine market size was valued at USD 417.85 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.4% from 2021 to 2028. wine tasting. The top players in the United States wine market include The Wine Group, Diageo PLC, Bacardi Limited, Constellation Brands Inc., and E. & J. Gallo Winery. 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. Statista assumes no Do you want to check out a section wise price list? Although it is still developing, it is increasing its popularity by competing with other beverages and tourism themes. As for tourism, wineries will attract 43 million tourists in 2017, who will contribute $17.7 billion to local economies. Are you interested in testing our business solutions? Wine tourism, also known as enotourism and vinitourism, is a focused branch of food tourism which is specifically to do with wine. 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. This text provides general information. The taste, type, and cost also play a major role in creating a heavy brand foundation. Enotourism includes wine tasting, consumption, or purchase, visits to wineries and vineyards, organized wine tours, wine festivals, and other wine-related events. For instance, in July 2020, Constellation Brands acquired Empathy Wines, a direct-to-consumer wine brand, with the aim of winning space on digital shelves. The market is characterized by the presence of a few well-established players and several small and medium players.Mergers, acquisitions, and consolidations have been occurring among wineries worldwide. Based on the distribution channel, the market is classified as on-trade and off-trade channels. Please fill out the form below for a free PDF report sample & 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. 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. Throughout the first decade of the twenty-first century, the enotourism industry grew significantly. To use individual functions (e.g., mark statistics as favourites, set The impact of COVID-19 has been unprecedented and staggering, with healthcare services in medical tourism witnessing a negative demand At the retail level, consolidation is occurring in both restaurants (on-premise) and in supermarkets (off-premise). February 2022: Ventessa by Mezzacorona launched a new wine brand for those seeking a naturally low-calorie wine option, thus, appealing to health-conscious consumers. Learn more about how Statista can support your business. In Italy, the number of tourists is estimated to be approximately around five million, with total revenue of $2.93 billion. From pretty Germany to jaw-dropping New Zealand, wine tourists get a *lot* of the nicest destinations! Marlborough, which is the largest of New Zealands wine regions. Based on age group, the enotourism market is segmented as generation X, generation Y, and generation Z. Region-wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Italy, France, Spain, Germany, and the rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and the rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Argentina, and the rest of LAMEA). T&C*. Being inexpensive and easily accessible through retail, table wines often find preference among new consumers of the product. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. South Africa and New Zealand have much fewer wine tourists each year, welcoming around 0.5 and 0.2 million respectively. 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. Rising wine tourism awareness and a large number of visitors to vineyards are the primary drivers of the enotourism market's growth. WebWine regions are attracting increasing numbers of tourists through tours, wine festivals and events, and winery, restaurant and cellar door experiences. The total grape cultivation for the production of wine accounted for 615,000 acres, while the table-type grape acreage totaled 128,000 acres. Wine tourism is a relatively new industry, in comparison to winemaking itself. Through its physical shops and website, Kroger claims to be serving more than 11 million people every day. 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). Owing to the above factors, the players have been expanding their reach across the region and using various strategies to penetrate the market further.