But where there is industry, tourism isnt far behind. Dollars). As soon as this statistic is updated, you will immediately be notified via e-mail. 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. ", 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. 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. The wine production here is diverse, and the scenery is breathtakingly green. One of the largest aggregate markets in Europe is France due to its larger population and high per capita wine consumption. Get in touch with us. "Sorry! "Market Size of The Tourism Sector Worldwide from 2013 to 2022, with a Forecast for 2023 (in Billion U.S. For one, vineyard and winery locations are usually beautiful. The Report will be delivered in 24 - 72 hours. b. 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. 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. Market size of the tourism sector worldwide from 2013 to 2022, with a forecast for 2023 (in billion U.S. dollars) [Graph]. Wine tourists eat well, whether its food provided at a vineyard or winery, or at restaurants recommended by tour guides. Please fill out the form below for a free PDF report sample & According to the United States Department of Commerce, wine sales in the United States increased in 2021 as compared to the previous. 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). ", We use cookies for a better user experience. 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. At 13.6% CAGR, the Enotourism market will expand from 2021-2030. The wine sales were 435.1 million 9-liter The Routledge Handbook of Wine Tourism examines the complex interplay of market profiling, sustainable regional development, and innovative experiential marketing constructs which, when successful, contribute to the growth and Choose reports from a database of more than 10,000 reports. As the importance of enotourism increases, regions must deal with the consequences of continued success, such as crowds and higher tasting room fees. Register in seconds and access exclusive features. Research expert covering travel, tourism and hospitality. It gained a lot of traction in the media, which started promoting an interest in wine-related activities. 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. Which distribution channel segment led the wine market? No purchase commitment. As a Premium user you get access to background information and details about the release of this statistic. From Champagne to Bordeaux, there are so many regions here with wines named after them. Vins du Monde shared some interesting statistics too, particularly related to where the most wine tourism takes place. Free upgrade to enterprise license (allows to share across all company locations), 5. As with any type of food tourism, you dont have to travel particularly far to engage with wine tourism. Choose from luxury private tours to big group tours but whatever you do, if youre a wine lover vacationing in Cali dont miss out on discovering the vineyards and wineries of the region. Furthermore, the premiumization of wine products, coupled with innovation in flavor, has further regulated the wine market in the region. You can also purchase parts of this report. Which segment accounted for the largest wine market share? The Paris Wine Tasting of 1976 in the Napa Valley, California, was another turning point for wine tourism. The Report Offers Market Size and Values in (USD Million) During the Forecasted Years for the Above Segments. to incorporate the statistic into your presentation at any time. WebThe 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. For each segment, the market sizing and forecasts have been done based on value (in USD million). At the retail level, consolidation is occurring in both restaurants (on-premise) and in supermarkets (off-premise). 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. Get in touch with us. These consumer trends are expected to fuel the market growth over the forecast period. 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. 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). Palatinate is the best region for the famous Riesling wines. statistic alerts) please log in with your personal account. Statista assumes no Please do not hesitate to contact me. Please do not hesitate to contact me. The source specifies that wine tourism includes "wine tasting, consumption, or purchase, visits to wineries and vineyards, organized wine tours, wine festivals, and other wine-related events". Access All Statistics. Starting from You only have access to basic statistics. This statistic is not included in your account. 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. 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. Wine tourism also introduces people to different wines, meaning wineries may go on to have regular custom from these visitors. In 2016, Georgia hosted the first United Nations World Tourism Organization (UNWTO) Global Conference on Wine Tourism, which resulted in the Georgia Declaration on enotourism. We are happy to help. Nonetheless, innovations in wine products and various flavors are likely to provide lucrative opportunities for the imported wine market in the United States. Please wait while we are processing your request Wine Market Size, Share, Industry Report, 2021-2028. 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. ( in USD Million ) During the Forecasted Years for the Above Segments and details about release! In USD Million ) better user experience interest in wine-related activities Premium user you get access to basic.! Statistics too, particularly related to where the most wine tourism go to... ``, We use cookies for a better user experience the Enotourism will... Any type of food tourism, you will immediately be notified via e-mail high! Tour guides will expand from 2021-2030 food provided at a vineyard or winery or. 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