Wine Industry and Its Conundrum
In the early 1990’s, the U.S. wine industry exploded into a rapid rise of growth, lasting nearly three decades. U.S. wine consumption ascended from 400 million gallons per year to more than 800 million gallons. Today, though, the wine business finds itself in a three-year trend of negative growth. “I don’t want to sugarcoat it—2023 has been a tough