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Latest Globalization of wine Stories

2012-12-24 05:01:08

Growth will gradually improve over the five years as the oversupply of wine alleviates and the economic outlook improves in wine-consuming markets. Although they constitute only minor proportions of the global wine market at present, China and other developing Asian countries loom as major growth markets in the long term, with rising disposable income and more sophisticated consumer palates expected to push sales of imported wines. For these reasons, industry research firm IBISWorld has...

2012-10-09 15:26:49

NEW YORK, Oct. 9, 2012 /PRNewswire/ -- Rabobank has published a new report on trends and outlook for the global wine market, saying that the global supply and demand balance is improving and that stocks will tighten in the short-term. In the report, Rabobank's Food & Agribusiness Research and Advisory group looks at key issues affecting the international wine sector in the last quarter and in the period ahead: Global supplies are nearing demand equilibrium Stocks to become tighter in...