Grokking 2020 Wine Industry Losses and Future Recovery

Dear Client: Consumer spending on wine was up nearly 5% in 2019 to just over $75 billion in the US, according to Gomberg, Fredrikson & Associates. US wine volumes were about flat for the year (up 0.6%) at about 407 million nine-liter cases. 2019 data was a bit delayed this year due to a computer system change, per GFA. 2019 BY THE NUMBERS. Here's a quick rundown of the US wine market in 2019:  On/off-premise split: off-premise accounted for about 84% of