April 2012 Monthly Wine Industry News ReportNorth Bay Business JournalApril 9, 2012Winegrape shortage could last six to eight yearsAfter nearly 10 years of oversupply and low prices, California winegrapes and bulk winesare suddenly in a position of scarcity. Wineries are scurrying to find grapes and securevineyard 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 BusinessApril 11, 2012US Palate Sees a ShiftThe traditional distinction between a US and European palate is becoming less accurate,according to Louis-Fabrice Latour, head of Burgundy negociant and grower Maison LouisLatour.Read more: http://www.thedrinksbusiness.com/2012/04/us-palate-sees-a-shift/Wines & VinesApril 17, 2012Imported Wine to Gain Market ShareWeakening euro and California grapeshortage may leave U.S. marketvulnerable, bank report says.
Read more:http://www.winesandvines.com/template.cfm?section=news&content=99739&htitle=Imported%20Wine%20to%20Gain%20Market%20Share&ReutersApril 17, 2012Appeal of organic products seeps into wine industryThe popularity of farm-to-table restaurants and organic produce is seeping into the wineindustry as more producers adopt green practices. But their motives for making organic,sustainable and biodynamic wine may be more personal than business, although thepractices also improve the quality of the wines.Read more: http://www.reuters.com/article/2012/04/17/us-wine-natural-idUSBRE83G0HM20120417CNBC.comApril 18, 2012Wine Prices Set to Rise Amid California Grape ShortageAs demand increases and inventories experience an extended shortage, consumers willhave to choose between paying more, trading down or buying foreign imports,according to a wine industry report.Read more: http://www.cnbc.com/id/47087092The Drinks BusinessApril 24, 2012Top 10 wine consuming countriesStill light wine consumption across the world is expected to grow well into 2014, but willthe traditional countries head the table in two years time?Read more: http://www.thedrinksbusiness.com/2012/04/wine-consuming-countries-2014/
Drinks InternationalApril 27, 2012Drinks International launches Worlds Most AdmiredWine Brands 2012New survey results reveal the 50 most admired winebrands in the world.Read more:http://www.drinksint.com/news/fullstory.php/aid/2927/Drinks_International_launches_World_s_Most_Admired_Wine_Brands_2012.htmlPR WebApril 30, 2012Staggering New Research Shows 35% Of Older Millennials Drink Wine At Least Once AMonthMore Millennials than ever before are drinking wine at least once a month, according tonew research. The research shows an astounding 35% of older Millennials between theages of 25-34 drink wine at least once a month, representing the second largest agegroup of wine drinkers.Read more: http://www.prweb.com/releases/napa-marketing-company/2012-wine-consumer-report/prweb9456652.htm