Oh No – Too Much Wine Consumption

Thursday, November 28, 2013
Posted in category Wine

This story from The Telegraph notes that we may be coming upon a global wine shortage as supply fails to meet demand.

America’s consumption is fast catching up with that of France, the world’s number one wine market.

Chinese demand, meanwhile, is on an astronomic rise, doubling twice in the last five years. Economists at Morgan Stanley predict that this trend will continue, putting China on course to become the world’s largest consumer of wine by 2016.

The more enlightened millennials are turning away from traditional domestic beer swill as the wine industry pulls them in with exceptional wines at low prices from great places all over the globe.

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2 Responses to Oh No – Too Much Wine Consumption

  1. Wade says:

    November 29th, 2013 at 10:53 am

    as long as there is not a craft beer shortage I’ll be OK

  2. Cory says:

    November 29th, 2013 at 4:38 pm

    The craft brew industry is exploding as well. I’ve been making beer since my teen years, and in the past few years it seems like everyone is getting into it.

    Winemaking presents a lot of opportunities. Living near Napa as I do, I was under the impression that the wine market has been in a glut. Realizing now that there is a huge market just waiting to be tapped, I’m thinking it might be worth getting into it.

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