Silicon Valley Bank's annual State of the Wine Industry Report forecasts 4-8% sales growth in wine for 2013. The report identifies trends and addresses current issues facing the U.S. wine industry, offering data and observations that help that wineries can use to develop their business strategies.
Silicon Valley Bank's wine report is based on its in-house expertise as one of the largest bankers to the West Coast wine industry for nearly 20 years, a proprietary database of more than a decade of winery financials, ongoing research, and an annual survey of 450 West Coast wineries.
The report findings were discussed in a January 15, 2013 video webcast with author Rob McMillan, founder of Silicon Valley Bank's wine division, Paul Mabray of VinTank, Tony Correia of The Correia Company and MJ Dale of KLH Consulting.
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