Wine Tourism Set to Surge to $332 Billion by 2034, Outpacing Global Wine Sales Growth
Wine tourism is about to explode—we're talking a projected jump from $46 billion in 2023 to $332 billion by 2034. The really interesting bit? Tourism growth is massively outpacing actual wine sales, which means European wine regions need to get serious about experiences and immersion if they want to capitalize on this shift, especially with European production down 7.5% from the five-year average.
Read this article at its original source
Read full articleMore like this
Vinetur
Global Wine Barrel Market Surges as Premium Wine Demand Drives $2.23 Billion Valuation by 2036
Vinetur
Global Shoppers Show Willingness to Pay 9.7% More for Sustainable Products Despite Inflation
Vinetur
Non-Alcoholic Wines Gain Ground as Global Drinking Habits Shift
Vinetur
Canada's boycott of American alcohol slashes U.S. exports
winemag.co.za
Greg Sherwood MW: Does the wine market need recalibrating? - Winemag.co.za
Forbes