Willamette Valley Vineyards, Inc. revenue increased to $39.13M; global wine market forecasted to reach $698.54B by 2030.

Willamette Valley Vineyards, Inc. (WVVI) is a prominent Oregon winery known for sustainably produced Pinot Noir and Chardonnay. The company saw revenue rise from $27.31 million in 2020 to $39.13 million in 2021, despite fluctuating net income. The global wine market is expected to grow to $698.54 billion by 2030, although consumption fell 2.6% in 2023, primarily due to declines in China and pandemic impacts. Rising production costs from global crises are also affecting prices.

September 02, 2024
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