USA: Research - US wine: why the orders are flowing in
eVineyard has had to expand another of its fulfillment facilities as its orders keep growing. Sales have increased fourfold since it bought the wine.com URL and customer database from a failed rival in July. As competitors close their doors, eVineyard has needed to grow to cope with their clients and the growing market for online wine buying. Americans spent $72 million buying drinks over the Internet last year and the amount spent is expected to increase by an average of 65% each year until 2005. By then, nearly 3% of the wine sold in the States will be bought online.
US online wine market, 2000-05
|Market value ($ millions)||72||868|
|% bought online||0.3%||2.9%|
Source: Datamonitor, 2001: " eFMCG Opportunities"
(c) 2001 Datamonitor. All rights reserved. Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon.
- How Treasury is rewriting the rule book - Comment
- Craft spirits shake-out will be just the beginning
- Drinkable yogurt - The next drinks opportunity
- Has Diet Coke passed its sell-by date? - Comment
- Coca-Cola India suspends bottling operations
- Diageo brands need "fixing and nurturing" - TWE
- SAB shareholders granted AB InBev vote split
- This week in wine & spirits on just-drinks
- Spirits volumes slide in Global Travel Retail
- Pernod Ricard wins Ron Matusalem 'Cuba' legal row
- The Next Seven Big Beverage Markets
- Global rum insights - market forecasts, product innovation and consumer trends
- Carlsberg AS (CARL B) - Financial and Strategic SWOT Analysis Review
- Global RTD insights - market forecasts, product innovation and consumer trends
- Adultifying Soft Drinks; Capitalizing on rising adult demand for non-alcoholic beverages