Wine Tourism Market Seen Soaring ~12.8% Growth to Reach USD Billion by 2032, Projects UnivDatos

According to a new report by UnivDatos, The Wine Tourism Market was valued at approximately USD 46 Billion in 2023 and is expected to grow at a substantial CAGR of around 12.8% during the forecast period (2024-2032). Owing to the increased globalization and rising living standards of the population, there is a demand for wine tourism. The shift towards people enjoying their own lives and following their passion for traveling, as free and leisure time due to technological advancements saving their time of mundane household work are further the push factors fuelling the market growth. Moreover, partnerships and collaborations of wineries and vineyards with hotels, airlines, and distributors are becoming increasingly common. For example, on October 3, 2024, Alejandro Bulgheroni Family Vineyards Italia announced to build its presence, visibility, and reputation across markets in the Asia Pacific (APAC) region, with a specific focus on China, Japan, and Korea. The Italian wine group has partnered with Nimbility to build its presence in markets across the APAC region. The initial key focus markets will be Greater China, Japan, and Korea.

European Union has set some legislations related to wine, which are basic, delegated, or implemented. It has released some guidelines as well. Here are some examples of government regulations, laws, and legal frameworks that influence the wine tourism market:

Basic Regulations

• It establishes a common organization of the markets in agricultural products and, further, financing, management, and supervision of the policy.

Delegated Regulations

• Authorised oneological practices and restrictions should be applicable for the production and conservation of grapevine products for the wine-growing areas.

• There should be protection of designation of origin, geographical indications, and traditional terms in the wine sector.

• There should be a scheme of authorizations for vine plantations, the vineyard register, accompanying register, accompanying documents, and certification, the inward and outward register, compulsory declarations, notifications, and publication of notified information.

• There should be national support programs for the wine sector.

Implementing Regulations

• There should be regulations as regards analysis methods for determining the physical, chemical, and organoleptic characteristics of grapevine products and their increased alcoholic strength.

• It lays down the rules for the application of regulation of the European Parliament and the Council as regards the national support programs in the wine sector.

According to the report, the impact of wine tourism resources has been identified to be high for the Asia-Pacific area. Some of how this impact has been felt include:

Asia-Pacific is expected to grow with a significant CAGR in the forecast period (2024-2032). The increasing inclination towards experiencing hedonistic and luxurious activities is driving wine tourism in Asia-Pacific regions. The continuing infrastructural development and the rising investments in IT & telecommunications also contribute to the growth of the wine tourism market. It has been observed that airlines, hotels, and vineyards in the Asia-Pacific region industry improve their service ambiance, making wine tourism the ideal travel. With Asian-Pacific enterprises shifting from traditional tourism towards experiential tourism is leading to hybrid and multi-culturism excursion. Also, the growing popularity of the work-from-home culture and the increase in the number of internet-enabled devices in developing economies have further skyrocketed the fantasies of travel among the youths. According to the Chinese customs authority, on February 7, 2025, imports of German wines to Mainland China rose at an above-average rate last year. With an import volume of 4.7 million liters of wine and sparkling wine, Germany has moved up to sixth place among the most important wine importing countries in China.

In 2024, 8.3% more German wine was imported into Mainland China compared to the previous year. The total value of wine imports amounted to 26 million US dollars, which corresponds to an increase of 8.5% compared to the previous year. In terms of the value of Chinese wine imports, Germany is in eighth place in the country ranking.

Key Offerings of the Report

Market Size, Trends, & Forecast by Revenue | 2024−2032.

Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities

Market Segmentation – A detailed analysis By Service Type, By Tourists Type, By Suppliers, and Region

Competitive Landscape – Top Key Vendors and Other Prominent Vendors