Wine ‘premiumization’ drives U.S. average past $10 for first time

SACRAMENTO — Consumer thirst for higher-quality wine has pushed the average bottle price in the U.into “premium” territory for the first time, and that’s putting ever more supply and pricing pressure on wineries and growers making or wanting to produce such wine, according to experts at a major wine industry symposium Wednesday, Jan.

Link: Wine ‘premiumization’ drives U.S. average past $10 for first time
via www.northbaybusinessjournal.com