Volume Uplift In Us Off-trade Offsets On-trade Sales Drop

Posted: Jun 17, 2020



US wine volume sales look set to be flat in 2020 with the Covid-19 led surge in off-trade sales balancing out the drop in on-trade sales, according to new Wine Intelligence research. 

Released today and based on consumer insights data collected during March and April, the report suggests that off-trade sales volumes will grow by around 10% year-on-year, while on-trade volumes are expected to fall 29%. 

The research, which is based on IWSR, Nielsen and Wines & Vines Analytics data, assumes no second wave of Covid-19 infections hitting the US in the second half of 2020.

Even if assuming a second virus wave with a lockdown in October and November, the picture still looks relatively positive in the circumstances, with Wine Intelligence suggesting a decline of around 2-3% in total wine volumes, with the on-trade seeing a year-on-year decline of closer to 50%.

Wine intelligence said it had decided not to include a specific prediction on change in dollar value of the market, citing there were too many variables to consider and that industry estimates about on-trade sales value vary widely. 

However, the researchers noted that the implications of a switch from higher value on-premise product to mainstream priced off-premise product would lead to a “significant” value decline in the US market this year, even though overall volumes are predicted to remain stable.

By Lisa Riley 
June 16, 2020 
Source: Harpers.co.uk



Go-Wine Sharing and Promotion

Go-Wine's mission is to organize food and beverage information and make it universally accessible and beneficial. These are the benefits of sharing your article in Go-Wine.com

  • It Generates Free Traffic to your site.
  • Your Article Will Get Indexed Faster.
  • Your Google Rankings Will Rise. Google Rise Articles with Positive Participation & Contribution.
  • Your Article Will Reach New Customers and Audience. Go-Wine has a selected audience and visitors from over 120 countries.
  • You always receive credit - you will be cited accurately (Author, Website & Hyperlink).
  • The integrity of the Information is not compromised - you always will be linked to the most up to date version of your article.

Contact Us for more information.

© 2024 Go-Wine©. All Rights Reserved.
Designed by CX Web Design. Vision of Wine Business Academy