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Wine Bars in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Wine Bars Market Research Report | Consumer Goods & Services | Food Service & Drinking Places | Apr 2015

Happy hour: Consumers' tastes are changing in favor of domestic and foreign wines

IBISWorld’s Wine Bars market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$656m
Annual Growth 10-15
4.1%
Annual Growth 15-20
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Profit
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Employment
11,504
Businesses
1,151
Industry Analysis & Industry Trends

The Wine Bars industry has enjoyed a stellar run over the past five years and has taken advantage of an evolving hospitality landscape. The industry, which consists of bars that primarily serve large selections of wine rather than draft beer and mixed drinks, has comfortably outpaced the Bars and Nightclubs industry as a whole. Although per capita expenditure on alcohol has experienced only minimal yearly growth in recent years, the industry has achieved significant popularity with both the industry's youngest and oldest consumers. IBISWorld expects the industry to continue to steal market share from other forms of bars and restaurants over the next five years as consumers with rising incomes will continue to seek affordable gourmet dining experiences.... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry are low and steady among operators in the Wine Bars industry, which has contributed to the industry's many small, independent establishments. The industry is almost entirely made up of individual operations that cater to local markets, and this industry structure has largely negated the need for entry costs associated with large-scale expansion and operations. Wine bars focus on selling high-margin products to local customers, thus sparing prospective entrants the burden of seeking out loans and investment in substantial amounts of capital prior to opening.

Wine bars need to secure the appropriate liquor license for operation. Wine bars must also procure a reliable supply of their products to maintain long-term operations... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Wine Bars Industry?

This industry comprises lounges and bars that primarily focus on selling wine for immediate on-premise consumption. These establishments may also provide limited food services.

Industry Products
Red winesWhite winesFood service and nonalcoholic beveragesBeer and liquorRoses and sparkling wines
 
Industry Activities
Serving wine for immediate consumptionOffering wine tasting for patronsPreparing and serving food for immediate consumption


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