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US FlagThe US wine market has been growing for a number of years and, according to an article in Shanken News Daily, the growth is set to continue for many years to come.

Even though the estimated rate of growth is only 1.1% versus 2015 that still means an extra 3.5 million cases ( or 42 million bottles) in 2016!

Even better news for champagne is that sparkling wines are growing at a much faster rate: +6 % in fact, and total sales are expected to reach a total in 2016 of 225 million bottles.

Much of this volume increase is accounted for by domestic sparkling wine and, amongst imported wines, by prosecco – in other words, at relatively low price levels - but, at +7.7% in 2015, champagne sales volume is also increasing quickly

The best news of all is that in terms of value the USA overtook the UK in 2015 to become the number 1 export market by value.

You can read the full article here

http://www.shankennewsdaily.com/index.php/2016/07/08/15350/exclusive-u-s-wine-market-pace-grow-20-million-cases-2020/

 

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