US wine industry

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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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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