BMO has announced the forthcoming release of its second annual BMO Wine Market Report, set to be available in the second quarter of 2025. This report will offer a comprehensive analysis of the North American wine industry, focusing on market trends and consumer behavior across both the United States and Canada.
The 2025 edition aims to provide valuable insights into various aspects of the wine industry, including production volumes and evolving consumer preferences. The report is designed to help businesses navigate current challenges and identify growth opportunities within a changing market landscape.
Adam Beak, Managing Director and Head of Wine and Spirits at BMO, expressed enthusiasm about continuing from the inaugural report's success. "We're thrilled to continue building on the success of the inaugural report with the 2025 BMO Wine Market Report," he stated. He emphasized that combining data-driven insights with expert knowledge positions BMO uniquely to assist clients in achieving their goals in this dynamic market.
The BMO Wine Market Report is produced through collaboration with business intelligence firm WineBusiness and market research firm bw166. These partnerships leverage combined expertise to deliver actionable insights for producers, distributors, and retailers.
Key areas highlighted in the upcoming report include a comprehensive survey of winery owners across North America, analysis of current market conditions, volume and value trends influenced by economic factors like interest rates, competition from other beverage categories such as ready-to-drink options and spirits, as well as production and supply dynamics.
BMO's Napa-based Wine & Spirits Group has long served the industry by understanding factors impacting wineries, vineyards, distilleries, distributors, cork producers, barrel coopers, and harvesting equipment manufacturers. The group offers guidance on navigating industry cycles through services integrated with BMO Capital Markets for financing mergers and acquisitions.
BW166 LLC provides advisory services using government tax-paid data for volume reporting in its Total Beverage Alcohol Report. Meanwhile, WineBusiness Analytics maintains accurate databases offering data-driven analysis through its monthly Wine Analytics Report.
BMO Financial Group ranks as North America's eighth-largest bank by assets. With a history spanning over two centuries, it serves 13 million customers globally with diverse banking products aimed at fostering economic progress.