Navi Mumbai, Maharashtra India (PressExposure) June 22, 2011 -- The United States is considered to be one of the largest wine markets globally. The country's wine market has been witnessing strong growth with the introduction of new affordable wines and change in consumer preferences. The consumer preference is growing towards traditional alcoholic beverages in the country. Moreover, high consumption pattern is attributed to the growing wine and cheese culture among young Americans.
According to our new research report, "US Wine Market Outlook 2014", the country's wine consumption (in volume terms) is expected to grow at a CAGR of around 2% during 2011-2014, on the back of increasing disposable income and growing young population. Additionally, the US wine production is growing at a rapid pace and is expected to continue the same growth path in future also. California and Washington are the two leading states of wine production in the United States.
As per our findings, table wine is the most preferred wine in the nation due to its low cost and high quality. Moreover, it is anticipated that, the availability of low price high quality wines and the acceptance of moderate wine consumption for healthy lifestyle will further boost the demand for table wine in future. Our report also contains information about other types of wines in the country. Besides, the report covers state-wise analysis of the wine industry, color mix, and amount of wine imported and exported.
Our report "US Wine Market Outlook 2014", provides extensive information and rational analysis of the United States wine market and growth prospects in the industry. It presents an insight of the US wine market in context of the global wine industry in terms of production, consumption, exports, and imports across the world. Moreover, consumer behavior in respect of wine market is elaborated in the report. Further, the report thoroughly examines growth prospects, industrial restraints, and competitive landscape of the concerned industry to enable clients understand the market structure and its progress in coming years. In this way, the report presents a complete and coherent analysis of the US wine industry, which will prove decisive for the clients.
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