• SERVICES
  • INDUSTRIES
  • PERSPECTIVES
  • ABOUT
  • ENGAGE

Infographic: Wine Industry Expects Healthy Growth in the Midst of Intense Competition and Demand Shifting Eastward

by EOS Intelligence

Infographic: Wine Industry Expects Healthy Growth in the Midst of Intense Competition and Demand Shifting Eastward

by EOS Intelligence

by EOS Intelligence
602views

Winemakers across the globe are not having an easy year. Global wine production is expected to hit a six-decade low in 2017, caused mostly by unfavorable weather conditions (frost and droughts in key European wine producing countries – Italy, France, and Spain, as well as severe fires in California). Even without the weather throwing roadblocks under winemakers’ feet, their line of business is not an easy one, challenged by tough competition, high import tariffs, and shifts in consumer demand. Wine market dynamics are changing, with several emerging trends that affect the way winemakers operate and the focus markets they increasingly cater to.

Global Wine Market

Top