The US wine production is expected to decline steadily from 1.87 million metric tons in 2024 to 1.57 million metric tons by 2028. In 2023, production stood at 1.95 million metric tons. The year-on-year variations show a continuous decrease, with the largest percentage drop between 2026 and 2027. The compound annual growth rate (CAGR) indicates an average annual decrease over this period.
Future trends to watch:
- Climate change impacts on grape yields, potentially intensifying declines.
- Shifts in consumer preferences affecting demand for domestic wine production.
- Technological advancements in vineyard management may counterbalance declines in the long term.
