Winescape by Terrain – Quarterly Wine & Grape Market Insights

Market Happenings

Sideways, With Some Bright Spots

The pace of decline in three-tier wine sales remains steady, with modest improvement in the luxury segment.

In This Issue

It is more critical than ever for wineries to reevaluate their marketing strategy in order to improve their competitive position in the direct-to-consumer marketplace.

Quarterly Summary

The lack of improvement in wine sales suggests that the wine market’s funk is not simply post-pandemic normalization.

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Market Outlook

I expect to see some stabilization in wine sales over the next year as inflation abates and interest rates come down.

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About

Meet the analyst behind Winescape.

Chris Bitter, Ph.D., is our senior wine and grape analyst, focusing on generating research and insights in the areas that impact the business of vineyards and wineries.

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About Terrain and American AgCredit

Terrain is a proud offering of American AgCredit, a member of the Farm Credit System. American AgCredit is at the forefront of the evolution of agriculture, committed to equipping its grape and wine customers with more than just financing. Customers have access to Terrain's exclusive insight and confident forecasting.

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