Saturday 23 June 2018
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4 months ago

Wine consumption to drop in Europe, rise across US and China — report

Over the next few years, the United States and China will help offset declining rates of wine consumption across Europe, traditionally the cradle of wine production, to take the lead as the biggest wine markets in the world. According to new figures released by Vinexpo Hong Kong and the International Wine and Spirits Research, though the U.S. is already the world s largest wine market, the country will widen its lead over the next five years and is predicted to see 25 percent more growth by 2021. That a

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