Wineries in the US - Industry Market Research Report
Description
Wineries in the US
Wineries struggled to maintain consistent growth, with the pandemic helping and hindering. Nonessential business closures limited tasting rooms or on-site bars and reduced sales to restaurants and other on-premise markets. Even at the retail level, some price-conscious consumers opted for relatively less expensive products like beer in place of wine. When restaurants and other on-premise locations reopened, wine sales boomed, reversing a years' long declining trend. Revenue has increased at a CAGR of 0.9% to $26.1 billion through 2023, despite a 3.4% decline in 2023 alone.
The Wineries industry consists of companies engaged in at least one component of the winemaking process. This process includes growing and harvesting grapes, crushing and pressing grapes into unfermented wine and fermenting the wine. The industry also produces wine blends, brandies and wines made from other fruit sources.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Wineries struggled to maintain consistent growth, with the pandemic helping and hindering. Nonessential business closures limited tasting rooms or on-site bars and reduced sales to restaurants and other on-premise markets. Even at the retail level, some price-conscious consumers opted for relatively less expensive products like beer in place of wine. When restaurants and other on-premise locations reopened, wine sales boomed, reversing a years' long declining trend. Revenue has increased at a CAGR of 0.9% to $26.1 billion through 2023, despite a 3.4% decline in 2023 alone.
The Wineries industry consists of companies engaged in at least one component of the winemaking process. This process includes growing and harvesting grapes, crushing and pressing grapes into unfermented wine and fermenting the wine. The industry also produces wine blends, brandies and wines made from other fruit sources.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
54 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
