Aging Population Signals Strategy Changes for Wine Industry

Dear Client:Global wine consumption is expected to rise by 5.3% from 2012 to 2016, according to new results from an IWSR study for Vinexpo. Worldwide, consumers will be drinking about 34.5 million bottles of wine at that point. Some wineries will still be making the same wine they've made for decades, but industry experts say the demographics of the US consumers drinking it will have changed. SHIFTING DEMOGRAPHICS: In the average person's lifespan most spending happens between the ages of