Industry Analysis & Industry Trends
The Wineries industry is large and expanding, with the United States becoming an increasingly prominent producer and exporter of quality wines. During the five years to 2014, industry revenue has grown as a result of strong growth in consumer confidence, per capita expenditure on alcohol and total US exports of wine. Similarly, the industry is expected to grow steadily over the next five years... purchase to read more
Industry Report - Starting a New Business Chapter
Recent increases in both enterprise and establishment numbers suggest low barriers to entry. Large multinational companies are currently acquiring American wine operations, further concentrating the industry and increasing the power of the industry's largest players. This will make it harder for new entrants to achieve the scale and access the distribution networks necessary to succeed. This trend is driven by the growing importance of marketing, distribution and export capabilities that benefit from economies of scale.
Capital requirements are significant even though operation on a small scale is possible (but not likely to be very profitable)... purchase to read more