According to our latest report entitled “US Wine Market Forecast to 2012”, the US wine market has been growing at the fast pace for the last few years. The value of both production and consumption is showcasing an attractive growth pattern for market players. The US has become the second largest wine consumer in the world after outpacing Italy. Increasing disposable income and rising number of female wine drinkers along with millennial segments are some of the prominent factors that have resulted in such a marvelous growth of the US wine market. Backed by these factors, the US wine market is expected to reach US$ 33.5 Billion by 2013.
The report identifies California as the top wine producing state in the US. The province produced about 632 Million Gallons of wine during 2009. The state has got some of the best geographical attributes making its wine famous worldwide. Moreover, it accounted for 2972 world-class bonded wineries at the end of 2009, which is the highest in the country.
The report “US Wine Market Forecast to 2012” covers all the necessary aspects of the US wine market, providing an insight into current market scenario and market drivers. The report also provides important sections related to wine market such as, ‘market performance’ and ‘consumer behavior’ that respectively delve into reliable data analysis (in terms of production, consumption, type, trade etc.) and attributes of wine drinkers in the US. ‘Growth Prospects’ section provides a description of various channels and types associated with wines and enhances knowledge pattern in new growth avenues.
The report is an outcome of in-depth research and prudent analysis of the US wine industry that effectively presents key market statistics. It also provides future outlook of various sections and uses effective forecasting techniques and methods for the same. Besides, the report provides a description of key active market players. Overall, analysis of the US wine market through this report is expected to facilitate decision making process of clients and knowledge seekers.
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