Small Growth, Big Challenges
A series of unfortunate events have made the current decade one of the most eventful in recent memory, and for wineries that’s added up to moments of incredible growth but also incredible uncertainty. Revised, preliminary estimates from market research firm bw166 put the total U.S. wine market at $107 billion as the year drew to […]
Winery Growth Slows
While the U.S. wine industry has been battered by a global pandemic; destructive wildfires and the ever-changing tastes of consumers; the number of wineries remains close to the high point set in 2022. In 2023, there were 11,620 wineries in the United States and that is just 1% less than in 2022. Several states, however, […]
Price Hikes, Fewer New Products
As wineries continued to contend with rising input, packaging, and operating costs through 2023, several raised prices and that was reflected in the Gomberg Fredrikson & Associates Price Service and regular Price Analysis Report. Based on data provided by wineries and public records, the Price Service tracks thousands of brands and average FOB prices. Since […]
Industry Metrics: Pricing Lifts Market
Value Domestic Wine Sales for 12 months ended December 2023 5% U.S. wine sales including bulk imports, bw166 Other Wine Industry Metrics for December 2023 (versus December 2022) data: -3% off-premise sales value, NIQ channels –% on-premise sales (52 weeks ended Nov. 4, 2023), CGA by NIQ -2% DtC shipment value, WineBusiness Analytics/Sovos ShipCompliant -34% […]
Upcoming Events
DTC Wine Symposium: Jan. 17-18 Presented by — and a fundraiser for — Free the Grapes!, the DTCWS is celebrating its 17th year as the nation’s premier winery DtC sales and marketing conference in Concord, Calif. dtcwinesymposium.com Unified Wine & Grape Symposium: Jan. 23-25 North America’s largest wine industry conference and trade show at the SAFE […]