April 2012

Monthly Wine Industry News Report

North Bay Business Journal April 9, 2012

Winegrape shortage could last six to eight years

After nearly 10 years of oversupply and low prices, California winegrapes and bulk wines

are suddenly in a position of scarcity. Wineries are scurrying to find grapes and secure

vineyard assets, while negociant wineries see their wine sources dwindling.

Read more: http://www.northbaybusinessjournal.com/52141/winegrape-shortage-

could-last-six-to-eight-years/

The Drinks Business April 11, 2012

US Palate Sees a Shift

The traditional distinction between a US and European palate is becoming less accurate,

according to Louis-Fabrice Latour, head of Burgundy negociant and grower Maison Louis

Latour.

Read more: http://www.thedrinksbusiness.com/2012/04/us-palate-sees-a-shift/

Wines & Vines

April 17, 2012

Imported Wine to Gain Market Share

Weakening euro and California grape

shortage may leave U.S. market

vulnerable, bank report says.

Read more:

http://www.winesandvines.com/template.cfm?section=news&content=99739&htitle=I

mported%20Wine%20to%20Gain%20Market%20Share&

Reuters April 17, 2012

Appeal of organic products seeps into wine industry

The popularity of farm-to-table restaurants and organic produce is seeping into the wine

industry as more producers adopt green practices. But their motives for making organic,

sustainable and biodynamic wine may be more personal than business, although the

practices also improve the quality of the wines.

Read more: http://www.reuters.com/article/2012/04/17/us-wine-natural-

idUSBRE83G0HM20120417

CNBC.com April 18, 2012

Wine Prices Set to Rise Amid California Grape Shortage

As demand increases and inventories experience an extended shortage, consumers will

have to choose between paying more, trading down or buying foreign imports,

according to a wine industry report.

Read more: http://www.cnbc.com/id/47087092

The Drinks Business April 24, 2012

Top 10 wine consuming countries

Still light wine consumption across the world is expected to grow well into 2014, but will

the traditional countries head the table in two years time?

Read more: http://www.thedrinksbusiness.com/2012/04/wine-consuming-countries-

2014/

Drinks International April 27, 2012

Drinks International launches World's Most Admired

Wine Brands 2012

New survey results reveal the 50 most admired wine

brands in the world.

Read more:

http://www.drinksint.com/news/fullstory.php/aid/2927/D

rinks_International_launches_World_s_Most_Admired_W

ine_Brands_2012.html

PR Web April 30, 2012

Staggering New Research Shows 35% Of Older Millennials Drink Wine At Least Once A

Month

More Millennials than ever before are drinking wine at least once a month, according to

new research. The research shows an astounding 35% of older Millennials between the

ages of 25-34 drink wine at least once a month, representing the second largest age

group of wine drinkers.

Read more: http://www.prweb.com/releases/napa-marketing-company/2012-wine-

consumer-report/prweb9456652.htm