News — wine industry

Global wine consumption continues to fall in 2026, but the real story for premium European and Californian wineries is not collapse – it is a sharper, more selective demand that increasingly rewards quality, identity, and storytelling.

France confirms historically low 2025 wine harvest and $150M vine uprooting plan to restructure the industry. The French Ministry of Agriculture has confirmed that 2025 production has hit historic lows, exacerbated by a massive government-funded "grubbing-up" program.