This is a preview of our full press release. You can read the full press release here.
New York – Sparkling wine posted 3.8% volume growth in the US in 2019, according to preliminary figures from IWSR Drinks Market Analysis, the leading authority on data and intelligence on the global beverage alcohol market. And as Valentine’s Day approaches – always a top occasion for bubbly – the category is poised to continue inching upward.
Though total wine consumption in the US was down slightly last year, the bright spot in the category was sparkling wine. The sparkling wine category is expected to continue to grow by 3.5% compound annual growth rate 2018-2023.
You can read the full press release here.
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