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Constellation Buys Icon Sea Smoke // Rex Pickett: ‘wine isn’t a democracy’

March 9, 2024 - Wine Industry Insight Daily News Feed

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Today’s Most Interesting Wine Industry Data

This year, global wine consumption dropped 2.6%. This marks the lowest volume recorded since 1996. Wine consumption has been on the decline since 2018; industry leaders attribute this to several factors including COVID-19, China’s decrease in consumption, and geopolitical issues affecting the supply chain.

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