Mixed Times for Wine

Wine

As 2024 approaches, the American wine industry isn’t sure how things are going—much like the American consumer. In 2022, the U.S. wine market declined by 10 million cases, and value-wise, wine was flat. Sales of wines priced $15 a bottle and higher grew, but wines under $15 declined by more than 4% by volume and 3% by value. All signs point to 2023 being a tough year for overall wine sales, however, read on to learn how future generations may present hope for the industry. 

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