April 2024

The world wine industry had another tough year in 2023 as inflation pushed up prices and eroded household budgets, prompting consumers to buy fewer bottles. Wine consumption fell 2.6% to an estimated 221 million hl last year, slipping for a second year to the lowest level since 1996, the International Organisation of Vine and Wine …

World wine consumption falls to 27-year low as inflation hits wallets Read More »

 Wine-Searcher heads off to Bordeaux to preview the 2023 vintage and finds some excellent wines from a tricky vintage.

From its status as a go-to brunch bubbly to its role as a central ingredient in the ever-popular Spritz, Prosecco is having a moment right now. Over the past few years, this fresh and budget-friendly sparkling wine from northeastern Italy has taken off. And since the official addition of Prosecco DOC Rosé in 2020, the …

The 10 Most Popular Proseccos in the World Read More »

 Argentina’s economic chaos makes life tough for its winemakers, but the quality just keeps getting better.

Global Wine Demand Drops to 27-Year Low as High Prices Hit: Global wine consumption fell to its lowest level since 1996 last year as inflation sent prices to record highs, deterring consumers already facing lower spending power, the International Organisation for Vine and Wine (OIV) said on Thursday… The post Afternoon Brief, April 26th appeared …

Afternoon Brief, April 26th Read More »

The Organization for Vine and Wine (OIV) announced new data Thursday that suggests global wine consumption has dropped to the lowest level since 1996. John Barker, the director general of OIV, hosted a web conference from the organization’s headquarters in Dijon, France to share how vineyard surface area, wine production, wine consumption, and wine trade …

Global Wine Consumption Hits Lowest Point Since 1996 Read More »

Ranch Systems use of Digi XBee®-PRO 900HP recognized for innovation excellence.  Novato, CA (04/22/2024) — Ranch Systems, Inc. announced the receipt of the 2024 Green Tech Customer Innovation Award in […] The post Ranch Systems Is a Recipient in the 2024 Digi Green Tech Awards  appeared first on Wine Industry Advisor.

April 26th – CGA’s BeverageTrak solution combines powerful datasets to provide a view of how brands and categories are being consumed, when and at what price. Featuring day and daypart […] The post CGA by NIQ | Total US on Premise Sales Remain Steady Despite a Slight Drop in Check Value appeared first on Wine …

CGA by NIQ | Total US on Premise Sales Remain Steady Despite a Slight Drop in Check Value Read More »