Winebusiness.com - Homepage for the Wine Industry

Slowing Sales Focus Eyes on Gallo-Constellation Deal

September 16, 2019

Growth in wine consumption is now keeping pace with growth of the legal drinking age population. It's not outpacing it, and is also vulnerable to the cost-consciousness younger drinkers have been exhibiting. "The reality is there's not as much growth, so everybody has to work a little harder." The state's smallest producers notched growth of 2% to 34.2 million cases in the first half of the year, while the seven largest producers saw sales drop nearly 2% to 92 million cases ...