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That’s the conclusion of Silicon Valley Bank’s 2024 State of the US Wine Industry report, which is largely viewed as one of the most comprehensive analyses of the industry available. While ...
Silicon Valley Bank’s 2024 State of the US Wine Industry report—which is largely viewed as one of the most comprehensive analyses of the industry available—shows 58% of consumers over the ...
Americans drank less wine in 2024 than they did in 2023 in a trend that is of concern to the wine wholesale industry. A doctor shared his thoughts on the issue with Fox News Digital.
2005 Eyrie Vineyards Pinot gris. Wine has been produced in the United States since the 1500s, with the first widespread production beginning in New Mexico in 1628. [1] [2] [3] As of 2023, wine production is undertaken in all fifty states, with California producing 80.8% of all US wine.
The American Association of Wine Economists (AAWE) is a non-profit, educational organization based in New York City. [ 1 ] The organization was founded by Karl Storchman, alongside Orley Ashenfelter , Kym Anderson , Robert Stavins, and Victor Ginsburgh in 2006.
An American Viticultural Area (AVA) is a designated appellation for American wine in the United States distinguishable by geographic, geologic, and climatic features, with boundaries defined by the Alcohol and Tobacco Tax and Trade Bureau (TTB) of the United States Department of the Treasury. [1]
The wine industry has a customer problem. It’s chasing the wrong customers. That’s the conclusions of Silicon Valley Bank’s 2024 State of the US Wine Industry report, which is largely viewed ...
After Prohibition, the states began to seek methods to regulate and control the alcohol industry. The states were also eager to devise a method to levy and collect taxes on alcohol producers. Both of these concerns led to the states individually creating environments in which single ownership of all three tiers (production, distribution and ...