What Is Happening In The Wine Industry?

November 22, 2013 11:46 pmComments Off on What Is Happening In The Wine Industry?Views: 40

By Robert —

There was some sad news a few days ago for all the wine lovers of the world. A report says that there has recently been a really sharp decline in the wine production, which could see many wines disappear from the shelves.

Here is a quick look at what the issue is and how you can keep enjoying quality wine despite what’s

going on.What Is Happening In The Wine Industry?

 

Too Much Demand

The BBC report published at the end of October highlighted the fact that wine production is facing increasing challenges to meet the demand. The problem is clear when you think about the fact that last year the demand exceeded supply by almost 300 million cases.

One of the reasons behind this disparity is the fact that wine consumption has steadily been rising for a while. Wine has been found by many different health studies to be good for you when consumed moderately and there is now a growing wine culture all across the globe.

One big growing market is China, which has started to consume a lot more wine. This is exciting news for the wine producers although it might not be so good for the rest of the world.

But there have also been problems in productions, especially in Europe due to the poor weather conditions. Vines across Europe haven’t been producing at the same level as they used to and thus there just isn’t enough wine produced in Europe to meet the demand.

 

Some Light At The End Of The Tunnel

However it isn’t all doom and gloom yet. The decline in Europe’s production has meant that emerging producers in Australia and South America are able to provide more wine to meet the demand.

There has also been a small rise in the overall production of wine, which had been declining for many years previously. Even some European countries, such as Hungary, are beginning to make recovery from the poor production in the previous years.

 

Time To Enjoy Quality Wines

It is essential to keep an eye on this situation to guarantee that quality wines are still there to be enjoyed in a few years time. At the moment it is a good idea to look more into vintage wines according to Vintage Wine Gifts website and focus on consuming wines from all different regions.

When consumption is spread more evenly across different regional wines there is much better chances for the wine industry to survive as well. As already mentioned wine is a great drink to consider because of the health benefits it has and therefore consumers shouldn’t stop buying it altogether.

As a wine producer or retailer it is now time to look closely at the situation and see what new emerging producers bring to the market. Cultivating vines to survive in different climates is also really important and there will be many advances made in this field in the future.

But for now all there is to do is hope that the rise in production continues its current trend upwards and that the consumers don’t give up on wine.

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