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Wine Consumers Focusing On Quality Over Quantity, Retailers Say According to Impact Databank, the U.S. wine market is projected to eke out a small value increase this year, despite a 2% decline in volume terms. Wines priced $10 and over are expected to outperform less expensive segments, helping to drive the first post-pandemic increase in value for the industry. At the retail level, consumers have become more price- and health-conscious, driven by economic pressure and the self-care movement. β€œCustomers are buying fewer bottles per visit, sticking to reliable brands and varietals they know and trust,” says Jon Halper, founder and CEO of the 15-unit retail chain Top Ten Liquors in Minnesota’s Twin Cities. β€œEven the most elite buyers are scaling back, focusing on quality over quantity or top brands.”

The wine industry is facing a significant shift in consumer preferences. Consumers are increasingly seeking out high-quality wines at affordable prices. This trend has prompted many wineries to adapt their strategies to cater to this new demand. Halper Wines, a prominent player in the industry, has been actively responding to these trends by focusing on three key areas: quality wines under $20, staff education, and tastings.

At Bay Ridge Wine & Spirits in Annapolis, Maryland, wine sommelier and buyer Sam Audia says Cabernet Sauvignon sales usually pick up once the weather cools. β€œPaso Robles Cabernet Sauvignons have been doing well, including Daou ($26 a 750-ml.), The Fableist ($25), and J. Lohr Seven Oaks ($17),” Audia says. In the 12 months through July, wine depletions nationwide decreased 7.7%, according to Wine and Spirits Wholesalers of America’s SipSource. Bay Ridge is trying to combat that trend with a mix of inventory. β€œWe are keeping a good base of a lot of things and not laying into any one category heavily,” Audia says. β€œWe’re leaning into more mid-priced wines in the upper teens to less than $30, which seems to be the sweet spot for white and red. Above $30 a bottle has been a tough sell.”

**A. The Rise of the Refreshing Wines**
**B.

These wines are known for their crisp, refreshing, and aromatic qualities. These wines are often described as having a “clean” and “bright” character, with notes of citrus, herbs, and stone fruits. Wine.com’s data reveals that these three varietals have experienced a significant surge in popularity, with a 20% increase in sales year-on-year.

Tagged : retail, wine GET YOUR FIRST LOOK AT 2024 PROJECTIONS FOR THE WINE AND SPIRITS INDUSTRIES. ORDER YOUR 2024 IMPACT DATABANK REPORTS. CLICK HERE.

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