Latin America Wine Tourism Market Size & Outlook

The wine tourism market in Latin America is expected to reach a projected revenue of US$ 7,909.4 million by 2030. A compound annual growth rate of 12.9% is expected of Latin America wine tourism market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,392.3
Forecast, 2030 (US$M)
$7,909.4
CAGR, 2024 - 2030
12.9%
Report Coverage
Latin America

Latin America wine tourism market, 2018-2030 (US$M)

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

Latin America wine tourism market, 2018-2030 (US$M)

Latin America wine tourism market highlights

  • The Latin America wine tourism market generated a revenue of USD 3,392.3 million in 2023.
  • The market is expected to grow at a CAGR of 12.9% from 2024 to 2030.
  • In terms of segment, wine tastings and tours was the largest revenue generating service in 2023.
  • Wine Tastings and Tours is the most lucrative service segment registering the fastest growth during the forecast period.


Latin America data book summary

Market revenue in 2023USD 3,392.3 million
Market revenue in 2030USD 7,909.4 million
Growth rate12.9% (CAGR from 2023 to 2030)
Largest segmentWine tastings and tours
Fastest growing segmentWine Tastings and Tours
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationWine Tastings and Tours
Key market players worldwideThe Prisoner Wine, The Wine Group, Grape Escapes Nova Scotia Wine Tours, Cellar Rat Wine Merchants, BKWine, Pure Luxury Transportation, Inc., Sula Vineyards


Other key industry trends

  • In terms of revenue, Latin America region accounted for 7.3% of the global wine tourism market in 2023.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 14,367.2 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Wine Tourism Market Scope

Wine tourism market segmentation & scope
Others
Wine Tastings and Tours
Wine Festivals and Events
Tourist Type
Domestic
International
Booking Mode
Travel Agencies
Direct Booking
Online Marketplaces
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Norway
Sweden
Denmark
China
India
Japan
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait

Wine Tourism Market Companies

Name Profile # Employees HQ Website

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more