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Napa Valley group to acquire sparkling wine producer Mumm Napa from France’s Pernod Ricard // Treasury Wine Estates targets cuts amid US, China woes

December 17, 2025 - Wine Industry Insight Daily News Feed

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“Americans say they are drinking less alcohol than ever before. But new data shows the number of drinks U.S. adults have per week has in fact not changed by much for decades. The number of weekly drinks per U.S. adult has hovered between 10 and 12 since 1975. While it is currently at its lowest since 1995, this reflects a decline of around 1.1 servings per person per week from a recent peak of 11.5 drinks in 2021.”

Source: Reuters, IWSR

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