India, Mexico and Brazil will take over from the US and China as the volume drivers of growth for alcohol around the world, new figures have revealed. Meanwhile, the US and China remain key to the industry’s value growth – and the UK continues its trend of wine stagnation.
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Published: 24 April, 2023
The global value of wine exports reached a record high in 2022, pushed ever upwards by runaway inflation and global supply chain issues.
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Published: 31 March, 2021
Driven by Covid-19 lockdowns and closure of the on-trade, the at-home occasion has helped consumers reconnect with wine, with Brits having increasingly embraced wine drinking within the comfort of their own home during the pandemic, according to IWSR research.
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Published: 16 October, 2020
Wine drinkers across key consumption markets have been turning more often to the beverage during the pandemic. This is spurred by new lockdown occasions and more drinking outside of mealtimes, according to a new Wine Consumer Trends in the Covid-19 Era report released by Wine Intelligence.
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Published: 24 April, 2020
European wine revenues could be cut in half as a result of Covid-19, according to the International Organisation of Vine and Wine (OIV).
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Published: 11 December, 2019
Organic wine consumption worldwide is set to hit around a billion bottles a year by 2023, a new report from organic wine fair Millésime Bio suggests.
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Published: 16 January, 2019
The steady growth of the US wine market may be coming to an end as the frequency of consumption among younger consumers declines, according to a new report from Wine Intelligence.
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Published: 19 December, 2018
Paris has been named the ‘top wine consuming’ city in a new survey researching consumption and distribution in key cities across the world.
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Published: 21 February, 2018
Provence has long established itself as the darling of rosé of production – pale, pink, dry, with quaffable delicate fruits and a commercially-proven track record which has seen its flagship style imitated by most pink-producing regions across the world.
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Published: 15 February, 2018
The growth in sparkling wine, along with premium gin, rum and whisky, is set to continue beyond 2021, helping offset the impart on value sales of a 10-year decline in consumption.
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Rabobank’s Q3 Wine Report has revealed that global wine inventories are in the main “balanced to slightly tight”, while bulk wine prices for most varietals are “stable or rising”, with 2017 hail and frost damage in European vineyards likely to further impact on these continuing trends when set against a coming shortfall in this year’s northern vintage.
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