2023 SVB State of the Wine Industry Report | 1/18/23

This virtual event launched the 22rd annual SVB State of the Wine Industry report. The report looks at key supply, demand and pricing trends to gauge what's going on in the wine world and to make predictions for the year ahead. Author Rob McMillan was joined by a panel of other industry experts to discuss the key findings in this year's report.
The event featured:
- Rob McMillan, EVP and Founder of the SVB Wine Division
- Philana Bouvier, President of Demeine Estates
- Paul Mabray, CEO of Pix
- Amy Hoopes, Chief Revenue Officer at The Wine Group
You can read the full report here: bit.svb.com/3X...

[@scottetzel8604]

I wish that they would have touched on alternatives to glass and corks for packaging. Boxes, bags, even screw caps would address the glass shortage, shipping costs, and sustainability. A slide or two on the perceived value by customers and producers, cost differential, and market growth would have demonstrated a more comprehensive understanding of the state of the wine industry.

[@washingtonwine-hwy12]

The essential annual report on US wine producers from CA banking perspectives. This 2023 Jan report demonstrates the lag in US producer's response to US inflation, demographic ongoing shifts in consumption data, plus a variety of questions raised on how to pivot asap to grow our industry market share and paths to customer appreciation.