Shipments Ebb from COVID High
As inflation lifts the value of the total U.S. wine market, winery direct-to-consumer shipments, winery recruiting and off-premise sales continue to fall back from the highs of recent years.
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July 2023
As inflation lifts the value of the total U.S. wine market, winery direct-to-consumer shipments, winery recruiting and off-premise sales continue to fall back from the highs of recent years.
June 2023
Bubbles continue to offer growth potential as well as a way for wineries to diversify their portfolios in line with changes in consumer demand. Total U.S. wine sales grew 11% in the past 12 months as winery direct-to-consumer shipment value declined 1% and winery recruiting continues to normalize.
May 2023
Despite muted domestic sales growth complicated by post-pandemic channel shifting, the status of the U.S. as the world’s most attractive wine market continues to grow. In the most recent Industry Metrics, the total market grew in the past 12 months as winery direct-to-consumer shipments fell by both value and volume in April.
April 2023
As the wine industry continues to settle in to new, post-pandemic normal premium sales are slowing while wines in larger format packaging and other alternatives have regained some momentum. In the latest Industry Metrics, winery recruiting slowed compared to the previous year while winery direct-to-consumer shipment value also declined and off-premise sales remain flat.
April 2023
As the wine industry continues to settle in to new, post-pandemic normal premium sales are slowing while wines in larger format packaging and other alternatives have regained some momentum. In the latest Industry Metrics, winery recruiting slowed compared to the previous year while winery direct-to-consumer shipment value also declined and off-premise sales remain flat.
March 2023
Following the third consecutive, lighter than average crop in California, ongoing concern about lackluster consumer demand has the state’s largest wineries waiting on additional grape purchases although buyers have remained active for fruit from coastal regions and some parts of the interior.
February 2023
As interest rates rose and sales growth slowed, mergers and acquisitions in the wine industry cooled over the past year. Winery direct-to-consumer shipments increased 3% by value in January as total consumer spending on wine increased 6% compared to last year.