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September 2024
Ongoing sales value growth in the U.S. on-premise wine market belies persistent volume declines that reflect inconsistent consumer demand and significant cost challenges in the restaurant sector. Winery direct-to-consumer (DtC) shipments declined by both value and volume in August, while the winery jobs market continues to cool and off-premise sales remain sluggish..
August 2024
The wine industry labor market has slowed dramatically in the past year as wineries strive to maintain and increase sales in a market that appears less likely to see significant growth through this year and next. This month’s report features new data examining the labor market including an index tied to job applications and salary data from positions posted to Winejobs.
July 2024
Winery direct-to-consumer shipments came to $150 million in June and that is 15% less than a year ago as the channel may finish the year at less than $4 billion in total value. As the 2024 harvest rapidly approaches, there is an abundance of both grapes and vineyards on the market with little interest from potential buyers.
June 2024
U.S. consumer spending on premium wine appears resilient, while white wine has recaptured the majority of off-premise sales volume in step with a shift in demand. Direct-to-consumer shipment value declined in May, and a new Winjeobs index to track applications should provide a more complete view on the wine industry labor market.
May 2024
Most of the major wine markets around the world continue to find a new point of equilibrium, yet the global market offers opportunities for both large and small wineries. Total DtC shipment value hit a new high for April, while the U.S. market grew by nearly 4%.
April 2024
This year’s examination of sales trends by packaging found few exceptions to the trajectory of the total market aside from the Tetra format. As wineries across the U.S. gear up for a pivotal tourism season, direct sales offer one of the few sectors with growth potential if wineries can provide the experience, service, flavor profile, price and packaging sought by consumers.
March 2024
The growth in rosé sales has come to an end and, as the fad falters, it’s just the latest example of weakening consumer demand in the wider market. Winery direct-to-consumer shipment value fell 6% while off-premise sales remain flat and winery hiring continues to normalize according to the latest Winjobs Index data.
February 2024
With little growth forecast for the U.S. market, mergers and acquisitions are being driven by the new realities of the wine business. Direct-to-consumer shipment value fell compared to last year as winery recruiting also slowed and off-premise sales held steady.
January 2024
The total U.S. wine market value grew 5% in the past year, but much of that can be attributed to inflation and price increases as strong headwinds to sales and consumption gather strength.
