A recent survey conducted by Mintel, a Chicago-based market research firm, resulted in some uplifting results for the wine category despite the recession.rn"The future of the wine market looks bright, at least for moderately priced segments," says Sarah Theodore, Mintel senior food and drink analyst. "Value wines have helped consumers rethink their perceptions about wine. Domestic wines have proven to be somewhat recession-proof as economy-priced wines are fuelling recent sales."rnMintel reports that the wine market has grown 20 percent from 2004-09 and as consumers begin to see signs that the worst of the recession might be behind them, Mintel forecasts the wine market will stabilize and increase by 2.1 percent in 2009 despite a 3.2-percent decline during the height of the financial crisis in 2008.
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