Wineries in Texas - Industry Market Research Report

  • ID: 4578449
  • Report
  • Region: Texas
  • 29 pages
  • IBISWorld
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Sip, sip, hooray: Industry revenue will increase as wineries ship products directly to consumers

FEATURED COMPANIES

  • Becker Vineyards
  • Llano Estacado Winery
  • McPherson Cellars
  • Mesa Vineyards
  • MORE

Wineries in Texas

The Wineries industry in Texas is in the growth stage of its industry cycle and has expanded rapidly over the past five years. The industry will continue to benefit from a growing number of consumers with increasing incomes and an interest in drinking wine rather than beer and liquor. Millennials in particular have expanded their palates toward domestic wine. Over the past five years, many consumers in Texas have switched to either craft alcoholic beverages or wine for their perceived health benefits and diverse flavor profiles. Overall, the industry is expected to boast increasing revenue over the five years to 2017. Over the past five years, lower price points have helped Texas' largest wineries produce, distribute and market a variety of wines. At the same time, smaller wineries have entered the growing industry, benefiting from selling wine directly to consumers. Projected stabilization of consumers' alcohol consumption will likely slow industry growth over the five years to 2022.

The Wineries industry consists of companies engaged in at least one component of the winemaking process. This process includes growing and harvesting grapes, crushing and pressing grapes into unfermented wine and fermenting the wine. The industry also makes wine blends, brandies and wines made from other fruit sources.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Becker Vineyards
  • Llano Estacado Winery
  • McPherson Cellars
  • Mesa Vineyards
  • MORE
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
Note: Product cover images may vary from those shown
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  • Llano Estacado Winery
  • Mesa Vineyards
  • McPherson Cellars
  • Becker Vineyards
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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