Winery Feasibility Study Completed by Wert-Berater, Inc

Wert-Berater, Inc. completed a feasibility studies for two separate companies in Arizona in 2013 and 2014. 1-888-661-4449
 
GRAND CANYON, Ariz. - April 29, 2014 - PRLog -- In recent years the growth in the winery industry has been robust.  Two private winery developers in Arizona,  Sunset Valley Farms, LLC and Wagon Wheel LLC each contacted Wert-Berater, Inc. in June of 2013 and February of 2014 for feasibility studies for their winery projects.

Both projects are private lables and retail developments including growing of grapes and the purchase of grapes for their own wine products.

These studies were completed in compliance with RD Instruction 4279-B Appendix A pages 1, 2 and 3 standards of the USDA.

One project was in Wilcox County and the other in Coconino County.

The Wineries industry has a growing base of wine drinkers, particularly among the millennial generation. Rising consumption is expected to increase revenue at a rate of 4.6% per year on average in the five years to 2012. During the economic recession, however, demand shifted to lower priced wines, and sales declined. In 2009, revenue fell 2.1%. After rebounding strongly in 2011, revenue is expected to grow at a more moderate rate of 4.4% in 2012 to total $16.6 billion. Alcohol consumption is expected to decline somewhat during the year, mirroring the improving economy. Rising wine prices due to grape shortages will also dampen demand.


Lower price points have benefited the larger players that are able to produce in bulk. Meanwhile, smaller wineries are struggling to cope with consolidation among suppliers, wholesalers and retailers. Consolidation throughout the supply chain is expected to continue through 2017 as producers try to work with larger wholesalers and strive to meet increasing demand from consumers, particularly for low- to medium-price wines. As consumers started to “trade up” in 2011, operating profit increased. Profit is expected to decrease in 2012 as producers struggle to pass along all of the rising costs of grapes. And despite the consolidation trend, new wineries are still entering the industry. During the five years to 2012, the number of operators is expected to increase at an annualized rate of 4.3% to total 7,069.

___________________________________________________________

For more information about Wert-Berater, Inc. and our feasibility study services, please go to http://www.wert-berater.com

We cover 700 industries within 30 sectors and work globally.  We have offices in the United States, Germany, Czech Republic and Saudi Arabia.

Our telephone is 1.888.661.4449.

We look forward to speaking to you about your project.

Contact
Wert-Berater, Inc.
***@wert-berater.com
888-661-4449
End
Wert-Berater, Inc. News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share