US driving global growth of still and sparkling wines

18th January, 2018 by Lucy Shaw

America is driving volume and value growth of both still and sparkling wines and will spend $45 billion on wine in 2021, according to new figures from Vinexpo.

America leads the way in global wine consumption

Vinexpo reports that the US spent nearly $34 billion on wine in 2016 and remains the firm leader in value sales of wine around the world.

This upward growth trend is forecast to rise higher yet over the next five years, with Vinexpo predicting that Americans will splash out $45 billion on wine in 2021.

The US has emerged as the global leader of volume and value sales of still and sparkling wine and looks set to extend this lead in the years to come.

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