date:Jan 24, 2013
for higher-priced wine, sales expanded at a slow and steady pace due to rising wine consumption. As such, outside investors are being drawn to the industry as world wine production declines and demand rises, propelling prices upward. Premiumization, for example, has led consumers to seek out premium vintages and styles of wine-making, while increasingly health-conscious consumers have substituted toward red wine for its acclaimed health benefits. One trend that has not caught on with wine drink