March 28, 2018

Market Monitor: Wine Industry Trends

Making the right decisions for your business starts with having the most accurate and current information available. Our Wineries & Vineyards Market Monitor keeps you up to date on events, trends, and market forces that shape and guide your industry. 

Spring 2018 Highlights 

The United States Department of Agriculture issued a preliminary report stating that the 2017 California grape crush yielded 4.01 million tons of grapes, roughly equivalent to the 4.03 million tons harvested in 2016.

Despite the relatively small impact of the 2017 wildfires on the Northern California wine harvest, nearly 7,500 buildings and homes were destroyed, and the total damage in the area is estimated to be $9.0 billion.

Experts believe direct-to-consumer and e-commerce sales will continue to grow as a percentage of overall wine sales and increasingly drive industry growth.

Wine producers have seen EV/EBITDA valuations grow 15.9% over the last 12 months, while the EV/EBITDA valuations of the S&P 500 grew by 5.5%.

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For more information or questions, please contact our contributors: 

Rich Anderson, Managing Director | (949) 221-4006 

Brandon Clewett, Director | (949) 517-9426 

Brad Erhart, Associate | (949) 517-9452 

Moss Adams x Baker Tilly
Moss Adams x Baker Tilly