Canadian wine eating into beer share
Canadian wine eating into beer share
Oct 30, 2012 6
(UPI) - Canadian wine sales are making dents in the market dominance of beer, an economic assessment by BMO Economics released in Toronto said Tuesday.
While beer slipped to 45 percent of total alcohol sales in 2011, domestic wine sales increased 11 percent per year between 1995 and 2004 and continues to climb, the release said.
"The industry is experiencing average volume growth of 3.1 percent and wine sales continue to grow faster than sales of other alcohol," the report said.
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