Alcohol sales
According to a IWSR analysis, wine sales are likely to drop by up to 13.6% worldwide during 2020. It would also appear that the recovery for the wine sector could take longer than the beer and spirit business.
Struggle against wine counterfeit exist since the very beginning of its creation and one of the main issue producers and lawyers have to fight against.
An Australian company designed a technology usisng blockchain that might help to prevent such counterfeit.
The trend of wine consumption during the Covid-19 pandemic shows that consumers buy local wine. This trend has a noticable impact on the Australian market since January 2020.
The Covid-19 crisis brought numerous changes to the habbits of wine consummers around the world. A new trend emerges from the pandemic: ecommerce.
India is seems to have adopted this new way of purchasing alcohol very quickly.
Around the world the Covid-19 epidemic brought hughe transformations in the way peopole buy and consume alcohol. There is the situation in the US.
A study examined both the 2008 crisis and the Covid-19 epidemic and their impact on the wine sector. It found similarities and tries to forshadow the outcome on the sector
The Covid-19 crisis has impacts on the consumer wine consumption. Studies showed that the sale of local wine incresed. Join the Webinar on Wednesday 20 May to learn more about this topic.
There have been a lot of adaptation from both customers and the industry to the pandemic.
The e-commerce identified as a reliable way to purchase alcohol and might just be the next trend.
But the industry can only guess what a post coronavirus world will be.
The situation is similar in some countries: the lockdown leads to an increase of wine consumption. Local wine consumption it is.
Read the article about the situation in the US.
The OIV released some data about the impact of the Covid-19 crisis on the wine economy. It appears that Mediterranean countries are particulary affected by the current situation.
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