Noida, India (PressExposure) November 19, 2009 -- The US wine market is one of the fastest growing markets of the world. It has expanded rapidly over the past few years on the back of increased consumption, medical benefits, government support and growing young population. The market will continue growing at a rapid pace in coming years also, says our recently updated research report âUS Wine Market Forecast to 2012â.
The demand for table wine in the country has been surging over the past few years and future prospects for continued growth looks bright. As per our research, the table wine sales in the country are projected to grow at a CAGR of over 3% during the forecast period to reach 740 Gallons by 2012-end. The report discusses various factors which have helped table wine constitute over 80% of the total US wine market in detail.
Our research studies the US wine market by segmenting it into various sub-sections like production, consumption, import, export, etc. Our research also elaborates the fact that there remains a vast difference in the buying habits and purchase decision making of the US wine drinkers if we segment them on the basis of gender. Similarly, different buying and purchasing consumer behaviors also hold true if we segment the wine drinkers by generation. All such scenarios have been thoroughly covered in the report.
Our research, âUS Wine Market Forecast to 2012â, provides comprehensive research and coherent analysis of the wine market of the country. It gives deep insight into the wine consumption pattern of the countryâs population by type of wine consumed, wine consumption by color, by province, by gender, by generation and by price structure. Our research also highlights the market trends and developments responsible for the growth of US wine market over the forecast period. Besides this, the report provides thorough analysis on the wine production, wine exports and wine imports in the country.
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