SVB Predicts Wine Sales to Grow 4%-6% in 2017

Today Silicon Valley Bank (SVB) released its annual State of the Wine Industry report, and your editors got our hands on a copy. There's always a lot to unpack from the report and accompanying webinar, so today we'll leave you with our key takeaways:FROM THE REPORT. Looking back at 2016, you may recall, one of SVB's blockbuster predictions was that per capita consumption of wine would fall for the first time since 1994. However, volume growth exceeded population growth by