Wine in the United States
Summary
Wine in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-23, and forecast to 2028). 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 constant annual average 2023 exchange rates.
- The US Wine market had total revenues of $48,310.3 million in 2023, representing a compound annual growth rate (CAGR) of 1.8% between 2018 and 2023.
- Market consumption volumes declined with a negative CAGR of 0.2% between 2018 and 2023, to reach a total of 3,662.7 million liters in 2023.
- The performance of the market is forecast to accelerate, with an anticipated CAGR of 2.8% for the five-year period 2023 - 2028, which is expected to drive the market to a value of $55,477.1 million by the end of 2028.
- 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 by both value and volume
- What was the size of the United States wine market by value in 2023?
- What will be the size of the United States wine market in 2028?
- What factors are affecting the strength of competition in the United States wine market?
- How has the market performed over the last five years?
- What are the main segments that make up the United States's wine market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the US wine market?
- 7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2018-2023)?
- 7.4. Which companies market shares have suffered over the same period?
- 7.5. What are the most popular brands in the US wine market?
- 7.6. What have been the most significant M&A deals in the US wine market over the last three years (2020-2023)?
- 8 Company Profiles
- 8.1. Gallo
- 8.2. The Wine Group Inc
- 8.3. Treasury Wine Estates Ltd
- 8.4. Constellation Brands, Inc.
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: United States wine market value: $ million, 2018-23
- Table 2: United States wine market volume: million liters, 2018-23
- Table 3: United States wine market category segmentation: % share, by value, 2018-2023
- Table 4: United States wine market category segmentation: $ million, 2018-2023
- Table 5: United States wine market geography segmentation: $ million, 2023
- Table 6: United States wine market distribution: % share, by volume, 2023
- Table 7: United States wine market value forecast: $ million, 2023-28
- Table 8: United States wine market volume forecast: million liters, 2023-28
- Table 9: United States wine market share: % share, by volume, 2023
- Table 10: Gallo: key facts
- Table 11: Gallo: Key Employees
- Table 12: The Wine Group Inc: key facts
- Table 13: The Wine Group Inc: Key Employees
- Table 14: Treasury Wine Estates Ltd: key facts
- Table 15: Treasury Wine Estates Ltd: Annual Financial Ratios
- Table 16: Treasury Wine Estates Ltd: Key Employees
- Table 17: Constellation Brands, Inc.: key facts
- Table 18: Constellation Brands, Inc.: Annual Financial Ratios
- Table 19: Constellation Brands, Inc.: Key Employees
- Table 20: Constellation Brands, Inc.: Key Employees Continued
- Table 21: Constellation Brands, Inc.: Key Employees Continued
- Table 22: United States size of population (million), 2019-23
- Table 23: United States gdp (constant 2005 prices, $ billion), 2019-23
- Table 24: United States gdp (current prices, $ billion), 2019-23
- Table 25: United States inflation, 2019-23
- Table 26: United States consumer price index (absolute), 2019-23
- Table 27: United States exchange rate, 2019-23
- List of Figures
- Figure 1: United States wine market value: $ million, 2018-23
- Figure 2: United States wine market volume: million liters, 2018-23
- Figure 3: United States wine market category segmentation: $ million, 2018-2023
- Figure 4: United States wine market geography segmentation: % share, by value, 2023
- Figure 5: United States wine market distribution: % share, by volume, 2023
- Figure 6: United States wine market value forecast: $ million, 2023-28
- Figure 7: United States wine market volume forecast: million liters, 2023-28
- Figure 8: Forces driving competition in the wine market in the United States, 2023
- Figure 9: Drivers of buyer power in the wine market in the United States, 2023
- Figure 10: Drivers of supplier power in the wine market in the United States, 2023
- Figure 11: Factors influencing the likelihood of new entrants in the wine market in the United States, 2023
- Figure 12: Factors influencing the threat of substitutes in the wine market in the United States, 2023
- Figure 13: Drivers of degree of rivalry in the wine market in the United States, 2023
- Figure 14: United States wine market share: % share, by volume, 2023
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