Wine Economics Archives - Page 5 of 20

Alto Adige Wines Announces a New UGA Classification

Articles, Italian Wine, Wine, Wine Economics, Wine Marketing, Wine News, Wine Tourism, Wine Trade, Wines of Italy / liz admin

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

Articles, News, Trending Topics, Wine, Wine Economics, Wine List, Wine Marketing, Wine News / liz admin

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

Articles, French Wine, Wine, Wine Economics, Wine Marketing, Wine News, Wine of France / liz admin

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

Articles, US Wine, Wine, Wine and Food Pairings, Wine Economics, Wine Marketing, Wine News, Wine Tourism, Wine Trends / liz admin

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

Articles, British Wine, English Sparkling Wine, News, Sparkling Wine, Wine, Wine Economics, Wine Great Britain, Wine Marketing, Wine News, Wine Trade, Wines of Great Britian / liz admin

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

Articles, California Wine, Wine, Wine Economics, Wine Marketing, Wine News, Wine Tourism, Wine Trends / liz admin

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

Articles, Wine, Wine Economics, Wine Investment, Wine Marketing, Wine News, Wine Research, Wine Trade, Wine Trends / liz admin

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

Articles, Wine, Wine Economics, Wine Investment, Wine Marketing, Wine News, Wine Tourism, Wine Trade, Wine Trends / liz admin

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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Wine Industry Data: 2023 Europe Wine Consumption

Articles, Global Wine Evemts, Wine, Wine Economics, Wine in Moderation, Wine Investment, Wine Marketing, Wine News, Wine Research, Wine Tech, Wine Technology, Wine Trade, Wine Trends / liz admin

In 2023, EU member states accounted for 48% of global wine consumption, totalling 107 million hectolitres. This volume marked a slight decline of 1.8% compared to 2022. Nevertheless, this consumption level was over 5% below the decade-long average, as the industry faced several challenges. Source: OIV

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Spirits set to overtake wine as global drinking habits change

Articles, Beer, Beverage Marketing, News, Scotch whisky, Whisky, Wine, Wine Economics, Wine News / liz admin

According to a report from the World Spirits Alliance released on Wednesday, global sales of spirits such as vodka and whisky are expected to surpass wine as drinking preferences have shifted. The report from Oxford Economics and alcohol market research firm IWSR states 2.67 billion cases of spirits were sold in 2022, almost as many

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