| US Wine Market Forecast to 2012 | | | | over 3% during 2010-2013. The economic |
| Wine market is currently witnessing steady | | | | recession had little impact on the US wine industry |
| growth in both developed and emerging | | | | as consumers started enjoying low-priced bottles |
| economies. Increasing disposable incomes, rising | | | | and wines by glasses. Restaurants' wine sales |
| awareness about the medical benefits of wine, | | | | value declined by 10% as consumers dined out |
| and the resultant consumer shift towards | | | | less to save funds. |
| consumption of premium alcoholic beverages are | | | | Anticipating the current market trends and future |
| driving the growth in the wine industry. The wine | | | | prospects, we have done a comprehensive |
| consumption has surged particularly in developed | | | | analysis of the US wine industry. The report |
| nations such as US, Canada, Australia and Chile, | | | | covers state-wise analysis of the wine industry in |
| which are enjoying more steady growth. ( ) | | | | the US. It also gives detailed product-wise analysis |
| US wine market is one of the fastest growing | | | | of the country's wine market by studying it in |
| markets of the world, both in terms of production | | | | terms of wine produced, wine consumed, color |
| and consumption. It has expanded rapidly over | | | | mix and amount of wine imported and exported. |
| the past few years on the back of increased | | | | Our research also highlights the factors that will be |
| consumption, government support, on-line wine | | | | responsible for the growth of the US wine |
| purchasing and growing young population. The US | | | | market over the forecast period. It says that the |
| wine market will continue growing at a rapid pace | | | | millennial segment is the future of the US wine |
| in coming years also and become the largest wine | | | | industry, and their numbers are increasing as |
| consumer in the world, surpassing France, says | | | | younger members are attaining the drinking age. |
| our new report "US Wine Market Forecast to | | | | Moreover, rise in the number of female wine |
| 2012". | | | | drinkers in marginal segment is also fueling the |
| As per our findings, the US wine market is | | | | growth of the US wine industry. This trend, |
| expected to hit a value of around US$ 33.5 Billion | | | | coupled with government's initiatives, is playing a |
| with 871 Million Gallons of wine sales by 2013. The | | | | greater role in promoting reforms and |
| market (in volume terms) will grow at a CAGR of | | | | competitiveness in the wine industry of the US. |