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Wine Bars in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Wine Bars Market Research Report | Consumer Goods & Services | Food Service & Drinking Places | Dec 2013

Happy hour: Consumers' tastes are changing in favor of the industry, stimulating growth

The Wine Bars market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$620m
Annual Growth 08-13
2.7%
Annual Growth 13-18
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Profit
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Employment
10,477
Businesses
1,078
Industry Analysis & Industry Trends

The Wine Bars industry has grown in line with the popularity of wine in the past few years, and people look for a venue to be exposed to a wide variety of wines. The industry has high product turnaround, but with low profit margins, which makes it susceptible to any adverse changes in demand (including any recessionary declines). Changes in household preferences, disposable incomes and consumer spending also influence demand.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Wine Bars industry is in the growth stage of its life cycle. Although growth has slowed slightly since the recession, the industry continues to outpace the broader Bars and Nightclubs industry due to changing consumer preferences and rising incomes in urban areas where wine bars are popular. Over the 10 years to 2018, industry value added (IVA), which measures an industry's contribution to GDP, is expected to grow at an average annual rate of 3.3%, compared to annualized GDP growth of 2.1% over the same period. The industry's greater contribution to the US economy is one indication the industry is in its growth stage.

Although per capita wine consumption in the United States is relatively low by global standards, consumption has grown considerably over the past few decades... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Wine Bars Industry?

This industry comprises lounges and bars that primarily focus on selling wine for immediate consumption. These establishments may also provide limited food services.

Industry Products
Red winesWhite winesFood service and nonalcoholic beveragesBeer and liquorRoses and sparkling wines
 
Industry Activities
Serving wine for immediate consumptionPreparing and serving food for immediate consumptionOffering wine tasting for patrons


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