
White wine consumption is also expected to grow this year, but by a slightly slower 2 percent rate to 118 million cases, while rosé and blush wine consumption is projected to decline 3 percent.
The “echo boomer” generation began reaching legal drinking age in the mid-1990s, adding about 60 million potential new wine drinkers, according to the report. By the end of this decade, those consumers will be in their 30s, the prime target for wine marketers.
Most of red wine’s 2008 growth is projected to come from sales of variety-labeled brands, both domestic and imported, particularly Pinot Noir, which is expected to advance 12 percent, to 9 million cases. Cabernet Sauvignon is also projected to perform well, according to Impact Databank (parent company of Wine Spectator).
The recent success of red wines can be attributed to the American consumer’s increasingly sophisticated palate, expanding knowledge of wine and willingness to experiment with a wider variety of wine styles. Drinking red wine has also been linked favorably in numerous medical studies to various health benefits, such as a reduced risk for cardiovascular disease and certain cancers.
Among white wines, Chardonnay continues to lead the pack, except when it comes to imports, where it was once again surpassed by Pinot Grigio.
Meanwhile, Sauvignon Blanc and Riesling imports will continue to surge at double-digit rates in the near term. The lone bright spot for blush wines this year is white Merlot, which is expected to advance by a modest 3 percent, while the much larger white Zinfandel category is projected to decline by 2 percent. Some imported rosés have started to come on strong, but from a very small base.
Source: Wine Spectator
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