California wine sales in U.S. climb 8% to $19.9B
California wine sales in U.S. climb 8% to $19.9B
Mar 22, 2012 6
(MarketWatch) -- California wine sales in the U.S. grew to a record 211.9 million cases in 2011, up 5.6% in volume over 2010. The estimated retail value of those shipments was $19.9 billion, up 8% from $18.5 billion in 2010, according to industry consultant Gomberg, Fredrikson & Associates. Competition for wine drinkers is heating up. The U.S. Tax and Trade Bureau approved 120,000 new wine labels last year. By varietal, wines showing the fastest growth include Muscat
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