RNCOS Releases a New Report- US Wine Market Forecast to 2012

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) August 28, 2008 -- RNCOS has recently added a new Market Research Report titled, “US Wine Market Forecast to 2012” to its report gallery. According to the report, the US is one of the largest and fastest growing wine markets of the world. It has expanded rapidly over the past decade. Further, on the back of rising interest of young population, increasing share of core drinkers, and surging wine consumption among women, the market will continue to grow at a fast pace in coming years too, says “US Wine Market Forecast to 2012”.

This research analyzes the market development and offers unique insight into the US wine market. The forecasts and estimations given in this report are not based on a complex economic model but are intended as a rough guide to the direction in which the market is likely to move.

Key Research Findings of the Report

- The US wine market, in terms of consumption, is forecasted to grow at a CAGR of about 7.7%, and 4% in value and volume terms during 2008-2012.
- Table/Still wine is the largest consumed wine in the US.
- Increasing wine drinking frequency among women and young population will drive the US market in future.
- The US is expected to become market leader in wine consumption by 2012 end, surpassing Italy and France, the current market leaders.

- As on 2007 end, image seekers and savvy shoppers accounted for over one-third of premium wine consumption in the US.
- As on 2007 end, California is America’s top wine producer, making 90% of all the US wine.

Key Issues & Facts Analyzed in the Report

- Which are the fastest growing products in the US wine market?
- What are the key factors fueling growth into the market?
- What is the consumer behavior?
- What are the various opportunity areas?
- What are the key challenges for the market?
- How the market is likely to move in future?

Key Players Discussed in the Report

This section provides business profile of key players in the US wine market. The key players discussed in the report are Constellation Brands, E&J Gallo Winery and W.J. Deutsch & Sons, Ltd.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of industry experts who analyze data collected from credible sources. They provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM133.htm
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