Wine in the United States
SummaryWine in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The wine market consists of the sale of still wine, sparkling wine, and fortified wine. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using the constant annual average 2024 exchange rates.
- The US Wine market recorded revenues of $45,542.4 million in 2024, representing a compound annual growth rate (CAGR) of 0.9% between 2019–24.
- Market consumption volumes declined with a negative CAGR of 0.8% between 2019–24, reaching a total of 3,551.9 million liters in 2024.
- The US wine market recorded sluggish growth during 2019–24 due to high production costs that led to elevated wine prices, strict government regulations, heavy taxation, the availability of alternative substitutes, and concerns about health risks associated with over-consumption.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the wine market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the wine market in the United States
- Leading company profiles reveal details of key wine market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States wine market with five year forecasts
Reasons To Buy
- What was the size of the United States wine market by value in 2024?
- What will be the size of the United States wine market in 2029?
- What factors are affecting the strength of competition in the United States wine market?
- How has the market performed over the last five years?
- Who are the top competitors in the United States's wine market?
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