• Wine Industry Insight
  • Posts
  • Silicon Valley Bank Releases 24th Annual State of the US Wine Industry Report // Sovos 2025 DTC Report Shows Steep Declines

Silicon Valley Bank Releases 24th Annual State of the US Wine Industry Report // Sovos 2025 DTC Report Shows Steep Declines

January 23, 2024 - Wine Industry Insight Daily News Feed

Today’s Top Story

Wine Industry Insight Marquee Sponsor

More Top Stories

Wine Industry Insight Prime Sponsor

In Case You Missed It

Wine Industry Insight Core Sponsor

NoLo Sales & Consumption

Wine Industry Insight Core Sponsor

Wine Industry Insight Core Sponsor

Awards

Wine Industry Insight Core Sponsor

Impact of Tariffs

Wine Industry Insight Core Sponsor

Growth Strategy

Wine Industry Insight Core Sponsor

Industry Professionals

Wine Industry Insight Core Sponsor

Wine Production

Wine Industry Insight Core Sponsor

Environment

Wine Industry Insight Core Sponsor

Today’s Most Interesting Wine Industry Data

“Unfortunately, industry-driven oversupply is not causing our current imbalance. Today’s issues are driven by reduced demand caused by unprecedented changes in consumer demographics and attitudes. For total table wine consumed in the US, the period from 1994 through the middle 2010s might make one believe there haven’t been any supply/demand imbalances given the slope of the line. But this chart represents total consumption by volume instead of total supply. When consumption drops, this chart moves negatively. There isn’t a change in the line from demand imbalances. This chart is showing consumption changes.”

Wine Industry Insight Data Sponsor

The Rest of the News

Reply

or to participate.