AUSTRALIA: Shiraz on the rise but fortifieds continue downward trend
New research from Australia has revealed that Shiraz will overtake the ubiquitous Chardonnay as the most popular wine in Australia, within the near future. Meanwhile sales of fortified wine, once a bastion of the Australian industry, have fallen 4% in the last year and 34% in the last decade. According to the Australian Bureau of Agriculture and Resource Economics (ABARE) a rise in the popularity of reds is set to knock the classic Chardonnay of its perch as the nation's top variety, as Australian's catch up with European trends.
Fortified wine, such as Port and similar style wines, now account for just 23 million litres of the 369.3m litres sold across Australia in 1999-2000, according to the Australian Bureau of Statistics.
Eight years ago Australian's bought more fortified wine than sparkling wine, but now sparkling outsells fortified by two to one.
Port-style wines continue to be the mainstay of the fortified sector, accounting for 63% of quality fortifieds sold in glass containers of less than two litres.
The Port industry is currently facing a period of considerable change and adjustment. Innovation and evolving a modern, viable industry structure are seen as vital if Port is to compete effectively in...
In the third in a series of reports on major family-controlled companies in the wines and spirits arena, Ben Cooper and drinks industry analyst Canadean take a look at Fortune Brands, which owns the i...
Chris Losh laments the capitulation of the EU negotiating team in the recent wine trade negotiations with the US, and asks whether Europe may have to make further even more generous concessions in the...
An innovative fermented lemonade produced by a small Bavarian brewer is one of the more unlikely brand success stories of recent times, but Bionade has taken the Hamburg club scene by storm, earning i...
Three Port shippers are for sale as consolidation continues to bite in the Douro Valley....
Hagalil Winery is launching Muza - an anise based RTD....
After almost 20 years of talks, US and European Community (EC) negotiators have announced an agreement on key provisions of the wine trade....
Drinks group Maxxium Canada is set to become the third largest spirits company in Canada, following the addition of four new brands resulting from the recent acquisition of some Allied Domecq brands b...
- What Brexit means for drinks industry? - Analysis
- The post-Brexit winners and losers - Analysis
- What does Brexit mean for AB InBev's SAB deal?
- Is there a future for the global beer brand?
- Can fruit cider survive UK slowdown? - Focus
- The UK Referendum - just-drinks Live Blog
- Aldi dealt alcohol sales blow in Australia
- Ex-William Grant CEO Stella David re-joins Bacardi
- UK spirits producers braced for Brexit impact
- Maxxium eyes US$1.4bn opportunity in UK spirits
- Adultifying Soft Drinks; Capitalizing on rising adult demand for non-alcoholic beverages
- Spirits and Wine: Corporate Overview
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends
- Global RTD insights - market forecasts, product innovation and consumer trends