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A recent study indicates that wine consumption among Americans is declining, reflecting a broader trend towards reduced alcohol intake. Dr. Raj Dasgupta, an internal medicine specialist in California, expressed that this development isn’t surprising, given the rising awareness of alcohol’s health risks.
According to a report by the Wine and Spirits Wholesalers of America’s SipSource, wine sales fell by nearly 8% in 2024 compared to the previous year. This decline affects both dining establishments and retail wine stores, signifying a notable change in consumer behavior.
The report, published in early January, highlights that wine sales dropped by 7.9%, which is slightly below the overall decline of 1.3% in on-premise alcohol sales. Notably, dining venues accounted for 55.6% of on-premise wine revenue but lagged behind bars and nightclubs, which capture a more significant share of the market.
Furthermore,