Capping several years of steady, modest growth for both domestic and import wines, the wine market in the United States continues to grow, experts note. Fueled by consumers’ interest in fine wine and increased product launches, the market has grown “at mid-single-digit rates on dollars [and] smaller single-digit rates on volume as consumers continue to trade up to more expensive wines,” says Danny Brager, senior vice president of beverage alcohol for New York-based Nielsen. “Sparkling wines in particular continue to grow dynamically at double-digit rates.”
As the Atlanta Falcons and New England Patriots prepare to hit the gridiron Feb. 5 for Super Bowl 51, consumers across the country are gearing up as well. Many plan to catch the game on live TV and are figuring out which foods and beverages they’ll want when it’s time to sit down and watch the game.
Hopes End introduced its Australian red blend, which is made using grapes from various locations in South Australia and is designed specifically for the millennial wine drinker, the company says.
Prestige Beverage Group, importers of Sileni Estates Wines, announced the extension of its Sileni Estates portfolio with the addition of single-serve bottles: Sileni Estates Nanos.
St. Helena, Calif.-based Sill Family Vineyards announced it acquired the Ardente Estate Winery, an Atlas Peak AVA Napa winery. The property consists of 24.4 acres within the fabled Atlas Peak appellation, it adds.
