Wine Economics

Wine Industry Study Finds Growing Use of SMS, Online Chat & Age Gates in 2025

VinterActive, a leader in direct-to-consumer (DTC) marketing within the wine industry, has published its latest research report, VinQuest™ 2025: Adoption of SMS Marketing, Online Chat & Age Gates by U.S. Wineries. This rigorous study, utilizing a methodology with a 3% margin of error at a 95% confidence level, presents pivotal benchmarks in contemporary wine marketing […]

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The Wine Market Journal Announces the Top Appreciating Wines of 2024

The Wine Market Journal, the world’s top resource for rare wine valuation, has released its list of the top appreciating wines for 2024. “2024 was a challenging year for much of the alcohol industry, but high-end wines provided a bright spot, as they generally do, with good strength.  The Wine Market Journal has been tracking

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Alto Adige Wines Announces a New UGA Classification

Nestled in Italy’s northeastern corner, Alto Adige, one of the country’s most compact yet pioneering viticultural areas, is advancing its esteemed Alto Adige DOC designation with a significant new addition. The Consorzio Alto Adige Wines has recently announced that, starting with the 2024 vintage, 86 well-defined and meticulously documented vineyard areas have been granted special

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Wine Business Monthly’s Wine Industry Leaders of 2024

Wine Business Monthly’s 2024 Wine Industry Leaders list was just announced! It serves as a valuable guide to the visionaries shaping the current and future landscape of the wine industry. Recognizing those who drive innovation, sustainability, and economic resilience, this annual compilation includes leaders who stand out in their commitment to advancing the wine sector

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New Leadership to Foster Growth and Recognition for Vins du Centre-Loire

The Bureau Interprofessionnel des Vins du Centre-Loire (BIVC) has ushered in a new chapter with the appointment of François Bouteille as its Director, succeeding Edouard Mognetti. With a strong background in vine and wine law, a degree in business law, and intellectual property from Bordeaux University, Bouteille brings extensive expertise to the role. His wine

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Five Food and Drink Trends for 2025 from Bidfood +CGA by NIQ

Bidfood, a leading foodservice provider in the UK, has published its forecast of key food and beverage trends for the out-of-home market in 2025. CGA by NIQ, a research firm, served as Bidfood’s strategic research partner for this annual trend report. As well as value, quality and elevated experiences, this year’s trends are influenced by

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WineGB calls for further support from Government for wine exports

WineGB is calling on the government to provide additional support to promote the growth of GB wine sales overseas through exports. The percentage of sales from export has doubled in two years from 4% in 2021 to 8% in 2023. Currently, British wines are exported to 45 countries, with the largest markets being Norway, Japan,

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New Study Shows Growing Visitor Diversity and Spending in Napa Valley

Visit Napa Valley just announced the release of its 2023 Visitor Profile and Economic Impact Study. The research report finds that visitor spending and related tax revenue have surpassed pre-pandemic levels, highlighting the Napa Valley’s positive trajectory in tourism recovery following the devastating global COVID-19 pandemic and California wildfires. Among the key findings in the

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EU Wine Consumption in 2023: A Marginal Decline Amid Industry Challenges

In 2023, EU member states represented 48% of global wine consumption – drinking 107 million hectolitres. This figure reflected a ‘marginal’ decrease of 1.8% compared to 2022. However, the number was more than 5% below its ten-year average as multiple headwinds buffeted the industry. Source: oiv

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Sweden Seeks to be Winemaking’s Next Frontier

Far north of iconic wine regions like Bordeaux and Tuscany, Sweden is seeing a burgeoning industry of vineyards and a first generation of winemakers trying to carve out a niche. “There are millions of techniques, and I don’t have a grandfather or grandmother to ask. So we need to figure it out ourselves,” Lena Magnergard

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