Will Americans will
replace the French as the world’s biggest wine drinkers? An article from Beverage Daily references a
new study that says that within three years this will be the case. As we first noted last year, French wine consumption is falling fast. A new
report from the International Organization of Vine and Wine (OIV) says that French wine consumption dropped another two
per cent between 2004 and 2005 and consumption is already down by half over the past 40 years. Meanwhile, Americans are
drinking more wine than ever, the amount grew three per cent last year. If the trend continues the U.S. will soon be
the top consumers. Wine consumption is also on the rise in Britain, it grew five percent last year. Meanwhile French
wine exports are rapidly falling.Posts with tag wine consumption
The French Aren't Drinking Enough Wine
Will Americans will
replace the French as the world’s biggest wine drinkers? An article from Beverage Daily references a
new study that says that within three years this will be the case. As we first noted last year, French wine consumption is falling fast. A new
report from the International Organization of Vine and Wine (OIV) says that French wine consumption dropped another two
per cent between 2004 and 2005 and consumption is already down by half over the past 40 years. Meanwhile, Americans are
drinking more wine than ever, the amount grew three per cent last year. If the trend continues the U.S. will soon be
the top consumers. Wine consumption is also on the rise in Britain, it grew five percent last year. Meanwhile French
wine exports are rapidly falling.U.S. Wine Drinking Habits Indicate California Love
Decanter has the results of two interesting studies that explore the
choices U.S. consumers make regarding wine. In terms of domestic consumption, California is king. Two out of every three bottles sold in the U.S. are from
California. The Supreme Court decision to permit wineries to sell directly to consumers and the
"Sideways" effect are believed to have contributed to the rise in sales. "Premium" wines, which are
considered to be those over $7 were two thirds of the sales. Another market research study from Chicago-based
Information Resources Inc (IRI) reports good news for wines from Europe and New Zealand. The study, called The 2005 Table Wine Top 30 Brand Performers, found
that European table wines grew 9.4% last year . The sales of Spanish table wines was up 23.1% and German wines are up
18.9%. The really good news is for New Zealand wine producers. Their sales were up 190.5%.Australian Wine Sales Down
Is Australia losing its taste for the fruit of the vine? Australian wine has been grabbing a larger share of the
worldwide market over the past few years but sales of wine in Australia are down
4.2 percent from last year. Red and rose wine sales were off 9.3 percent. The news was even worse for brandy, down
44.7 percent, and fortified wines, down 18.4 percent. Also with wine consumption down through much of Europe and wine
surplus issues rising, the tide seems to be turning for the Australian wine industry in general. The Barossa winemaker
Cockatoo Ridge saw profits fall 42 percent in the second half of the year and their chief exec, Ivan Limb was quoted in
the The Advertiser
as saying these are tight times for winemakers.
