Filter Post Type
Sort:
Most Recent
13 of 3
Today's wine business news for wine industry professionals...

Today, Assemblymembers Damon Connolly (D-San Rafael) and Central Valley Assemblymember Rhodesia Ransom introduced legislation to require that wine labeled as “American” be made from 100 percent American-grown winegrapes...

00
Wine at an Inflection Point — and the Case for Data-Driven Reinvention
The global wine industry is facing its most significant disruption in decades. Consumption has declined since 2018, vineyard yields are down, and consumer habits have shifted toward spirits, seltzers, and cannabis-based alternatives. (Source: Eric Asimov, New York Times, Oct 14 2025) Meanwhile, costs continue to rise. Labor, glass, freight, and compliance add expense at every stage of the value chain, while tariffs and climate volatility erode margins. For small producers — the cultural backbone of the industry — survival now depends on efficiency, transparency, and direct engagement with consumers. Market Overview Global wine sales peaked near $360 billion in 2018. Since then, total volume has fallen roughly 10%, with the steepest drop in entry-level wines. Premium segments have fared better, reflecting a long-term 'drink-less-but-better' trend. Within the U.S., per-capita wine consumption has retreated to pre-2015 levels even as total beverage-alcohol spending gr
00
Enticing Millennials: Global Package Has Answers By Erica Harrop, CEO Global Package
In an Interesting recent article in the New York Times, entitled “The Wine Business Sees a Problem: Millennials Aren’t Drinking Enough,” author Eric Asimov cites the report “State of the US Wine Industry” by Rob McMillan, industry analyst and executive VP of Silicon Valley Bank:  “ … aging baby boomers — currently the prime market for wine — are nearing retirement age, the time of life when consumerism typically declines. Millennials, the generation that began to come of age after the turn of the century, have given no indication that they are poised to step in. They buy much less wine than boomers, and the wine industry has not done enough to entice them to become regular consumers.”     While it’s a concern that has troubled the industry for decades, few wineries (or suppliers) appear to be addressing the problem. As McMillan puts it,  ” In prior reports, we noted that the falling interest in
00