Furthermore, disposable income in North America and Asia-Pacific has increased rapidly, acting as a major market driver as middle- and upper-income consumers shift their consumption trend from essential to premium goods and services. Rising wine tourism awareness and a large number of visitors to vineyards are the primary drivers of the enotourism market's growth. WebIndustry Reports . With cheaper mass-produced wines being much more readily available now, smaller wineries are making less money and business is slowing down. The off-trade segment held the largest share of 89.0% in 2020.The off-trade distribution channel includes retail outlets, supermarkets, and hypermarkets. 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. 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. Countries such as Germany and the U.K. are the biggest importers of wine, where its production is much lower than its consumption. 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. November 2020. Review. to incorporate the statistic into your presentation at any time. 2023 Dr Hayley Stainton, all rights reserved. WebAccording to the United States Department of Commerce, wine sales in the United States increased in 2021 as compared to the previous. Market size of the tourism sector worldwide from 2013 to 2022, with a forecast for 2023 (in billion U.S. dollars) [Graph]. Wine tourism is important to wineries for many reasons. Copyright 2023 Grand View Research, Inc. All rights reserved. Report scope can be Covering around 102,000 hectares, the German wine country isnt the biggest but it is one of the most famous. We are happy to help. In Italy, the number of tourists is estimated to be approximately around five million, with total revenue of $2.93 billion. Avail customized purchase options to meet your exact research needs. Accessed March 02, 2023. https://www.statista.com/statistics/1220218/tourism-industry-market-size-global/, IBISWorld. From pretty Germany to jaw-dropping New Zealand, wine tourists get a *lot* of the nicest destinations! Get the best reports to understand your industry. A. Germany hosts around 7.3 million, and Italy around 5 million. 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. 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. 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. To use individual functions (e.g., mark statistics as favourites, set The wine production here is diverse, and the scenery is breathtakingly green. The overall sales of wine are 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. There are even wine museums you can visit! Modern wine tourism extends beyond the mere cultivation of grapes and the production and selling of wine. Wine drinkers are keen to see how wine is made, to see where it comes from and to try new flavours from different areas. 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]. It comes with the additional cost of $2500.00 contact sales. In Italy the figure stands at approximately five million travelers, generating 2.5 billion euros in revenue. 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). online dashboard trial. Rising Trend of Organic Wine Tourism will be a Key Market Trend. Please fill out the form below for a free PDF report sample & The report includes analyses of the regional as well as global market, key players, market segments, application areas, and growth strategies. The travel and tourism industry were completely shut down during a coronavirus pandemic outbreak as a result, the industry was declining. Through its physical shops and website, Kroger claims to be serving more than 11 million people every day. You can also purchase parts of this report. dollars)." Statista assumes no Complimentary 10 hours free analyst time for market review, 3. Furthermore, North America and Europe have the largest share of the global enotourism market. The lockdown propelled the demand for off-trade sales of wine. 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. 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. 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. 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. Dollars). 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. Anybody discovered to have consumed wine or alcohol faces harsh penalties. (September 22, 2021). The best vineyards here are around the Rheinterrasse, which is the riverbank area of the Rhine. Free trial, before you make a purchase decision. Click here. Table wine dominated the wine market with a share of 84.0% in 2020. Not only that, but Palatinate is home to some of the best food in Germany! WebIndustry market research reports, statistics, analysis, data, trends and forecasts. 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. statistic alerts) please log in with your personal account. A. We are happy to help. 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. Nonetheless, innovations in wine products and various flavors are likely to provide lucrative opportunities for the imported wine market in the United States. The agreement will cover distribution in multiple markets in California with other states, including Texas, Louisiana, Oklahoma, Kentucky, Mississippi, Utah, Wyoming, and Nebraska. As for tourism, wineries will attract 43 million tourists in 2017, who will contribute $17.7 billion to local economies. Activities typically include vineyard and winery tours, getting to see the wine production line and (of course!) Learn more about how Statista can support your business. May 2021: Treasury Wine Estates announced that the company had entered a long-term distribution agreement with Republic National Distributing Company (RNDC). 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