Silicon Valley Bank

Silicon Valley Bank Releases 24th Annual State of the US Wine Industry Report

The Wine industry reset is here, fueled by a generational shift to younger consumers redefining consumption patterns Silicon Valley Bank, a division of First Citizens Bank, today released its 2025 State of the US Wine Industry Report. Widely regarded as the leading source of market trends in the premium wine sector, SVB’s annual report provides […]

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Silicon Valley Bank Releases 23rd Annual State of the US Wine Industry Report

The 2024 report examines the latest consumption, pricing, sales data, and the most promising wine industry marketing strategies. It provides an in-depth analysis on the key trends impacting the US wine industry: • While full-category wine sales by volume will be down for a third consecutive year; • 2023 year-end premium wine sales will likely

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SVB Wine Report: The US wine industry sees some challenges in 2022

According to the latest Silicon Valley Bank Wine Report shows that although 2021 proved to be a good year for the US wine industry, several serious challenges signal uncertain times ahead. The report points out that underlying trends remained a big concern, with the most serious being that younger consumers are not getting interesting in

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Silicon Valley Bank: The US wine industry will bound back in 2021

The US wine industry is poised to bounce back in 2021, according to a report by Rob McMillan, Founder, Silicon Valley Bank, with a consumer desire to celebrate set to help drive wine sales this year. Silicon Valley Bank’s 20th annual review of wine industry prospects predicts that temporary gains will yield to long-term declines.

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