Tag Archive: La Crema
Retailers See Bourbon, Tequila, Premium Wines Driving 2024 Demand
Beverage alcohol retailers plan to continue intensifying efforts to sharpen focus on the super-premium wines, whiskies, and Tequilas driving customer demand this year. Continue reading →
Posted in News on January 12, 2024Above-$15 Brands Driving Domestic Wine Category
After growing by 6 million cases and $2.2 billion in retail value from 2017-2021, the above-$10 domestic wine category in the U.S. was flat in volume terms at 61.6 million cases last year, according to Impact Databank. Continue reading →
Posted in News on August 29, 2023Impact Databank: $15 And Over Wine Brands Resilient As Overall Market Declines
Faced with recessionary pressures and tough competition from upscale spirits and the continued proliferation of RTDs, the overall wine industry in the U.S. is estimated to have declined again by volume terms in 2022, according to Impact Databank. Continue reading →
Posted in News on January 4, 2023California Wine’s Above-$15 Tier Leading The Charge
Even as the on-premise sector continues its long road to recovery from the pandemic, California table wines in general have struggled to maintain momentum, declining by volume for the second time in three years in 2021, according to Impact Databank. Continue reading →
Posted in News on June 14, 2022Impact Databank: U.S. Wine Market Slows, But Premium-Plus Brands Outperform
Stifled by fierce competition from other categories and the continuing effects of the pandemic, the U.S. wine market is projected to fall a slight 0.5% this year—its first annual decline since 1993—according to The U.S. Wine Market: Shanken’s Impact Databank Review & Forecast, 2021 Edition. Continue reading →
Posted in News on November 10, 2021Impact Databank: U.S. Wine Volume Projected To Decline In 2021, But Premium Brands Make Strides
After 27 consecutive annual gains, the wine industry in the United States is expected to suffer a 0.5% volume decrease this year, down to 335.4 million 9-liter cases—according to the recently released 2021 edition of The U.S. Wine Market: Shanken’s Impact Databank Review & Forecast. Continue reading →
Posted in News on July 28, 2021
