1、2024 BMO Wine Market ReportU.S.Wine Industry PartnershipBMO WINE&SPIRITS GROUPBW166 AND GOMBERG,FREDRIKSON&ASSOCIATESWINEBUSINESS ANALYTICSFULL GLASS RESEARCH 22023 was a challenging year for the U.S.wine industry,but more than half of all U.S.wineries met or exceeded their sales goals.2024 BMO Wine
2、 Market Report|1Wine is a delight and passion to many,but its also a business going through unique and significant changes.Generational tastes,distribution channels,cost structures,anti-alcohol trends,and the climate are just a few factors affecting the U.S.wine industry,including its value chains f
3、rom grapes to glass.During our decades of experience supporting the wine industry through change,weve found no shortage of trend spotters with a view on the fate of the wine business.Often only focused on boutique,premium wineries,or a particular region,for them the wine glass is always half full or
4、 half empty.These perspectives can be interesting but not always helpful for wines most dedicated workers and decision makers our clients,in other words.They deserve an authoritative source of information about the state of the entire U.S.wine industry.Thats exactly why we formed the U.S.Wine Indust
5、ry Partnership:Produce a seminal report based on accurate historical data providing context about what is happening today,as well as a comprehensive survey analysis on the future of the wine business.Leading a wine company right now isnt easy,but there are opportunities ripe for picking.We believe p
6、roviding our clients with the most relevant information and analysis combined with the entirety of BMOs breadth of expertise and full-service solutions across North America can lead to success for wineries at any stage.On behalf of the U.S.Wine Industry Partnership,were proud to present the inaugura