Wine Industry Growth
With more consumers drinking wine than ever before, the wine industry continues to supply many opportunities to the job seeker. For the wine drinker, there is availability and a greater selection than ever imagined.
Grocery stores carry wines from all over the world as opposed to the local brands were only available not that long ago. According to Lancasterfarming.com “wine consumption continues to increase, with no end in sight.” Further, the reports showed that the U.S. took the #1 country that consumed the most wine in 2016 due to what they referred to “millennial” drinkers (consumers born from 1980-1990). This is incredible news for those already in the wine industry, but even better news for those looking to join.
A recent article from Wine Business Monthly addressed the topic of how the wine industry is fairing in the current plagued economy. It stated that as long as wine continues to have availability at “on-stop shop” places of business (Wal-Mart, grocery stores, convenience stores, etc.), there should be maintained success regardless of a down turned economy and high gas prices.
In fact, overall wine sales have generally kept increasing although wineries are keeping an eye on profit margins.
Wine can only be grown in certain regions of the world due to terroir (climate, temperature, soil, ect.). Some countries expertly produce the grapes due to their surroundings and some countries produce quality grapes due to their expertise. Regardless the reason, here are the main players in the wine producing and exporting business.
The world’s top five largest wine producing countries in 2016:
The world’s top six largest wine exporting countries in 2016: