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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

The Wine Bars market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 - Industry Analysis Chapter

The five years to 2015 has been a vintage period for the Wine Bars industry, which has comfortably outperformed the broader Bars and Nightclubs industry, of which this industry is a sub-segment. The increasing popularity of wine among younger alcoholic beverage consumers has significantly benefited the industry, particularly throughout the metropolitan areas in which younger drinkers typically live. Since 2010, the industry has experienced robust growth in revenue, the number of establishments and total industry employment. A combination of factors, including changing consumer preferences and higher household incomes, has driven industry growth over the past decade... 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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