U.S. Wine Cooler Market Estimated At USD 536.2 Million By 2028
San Francisco, 9 July 2021: The Report U.S. Wine Cooler Market Size, Share & Trends Analysis Report By Product (Countertop, Free-standing), By Application (Commercial, Residential), By Distribution Channel, By Price Range, And Segment Forecasts, 2021 - 2028 The U.S. wine cooler market size is estimated to reach USD 536.2 million in 2028, registering a CAGR of 6.4% from 2021 to 2028, according to a new report by Grand View Research, Inc. The growth in the adoption of wine coolers can be attributed to the increasing consumption of wine in American households. Consumers can be seen storing wine at home, making wine coolers a basic necessity. The growing number of millennials, classified as being born between 1982 and 2004, are reaching the legal drinking age. The rising number of food joints including hotels & restaurants, nightclubs, bars, and cafes serving wine and other beverages have further increased the product demand in the U.S. The specia...