The Latest In Wine Industry News

Are you looking for the latest in wine industry news? If so, you’ve come to the right place. Below are three recent wine industry developments and news you might be interested in knowing about. Read on to find out what is going on in the industry.

1. The Wine Industry In California Is Still Showing Strength- California has always enjoyed a strong wine industry and in 2015, the wine industry in the state provided a huge boost to both their economy and to the national economy. In fact, the state economy received just under $58 billion in 2015, and it added just under $115 billion on a national level. If that wasn’t impressive enough, the wine industry in the state created over 300,000 jobs. It also looks like the wine industry is still going strong in the state, so by the end of 2016, it’s probably safe to say that it will deliver billions again to the national and state economy.

2. Wine Industry In Nova Scotia Benefiting From A Dry Summer- In Canada, Nova Scotia has been experiencing a hot and dry summer, which is not really good news for many farmers, but the wine industry surely has benefited from it. Smaller grapes have been growing as a result of a lack of rain and hot temperatures, which means they create a wine that is packed with flavor. It’s also worth pointing out that since the summer has been quite dried, grapes are kept cleaner and are less prone to fungi, and this all means wine consumers can look forward to tasting amazing wines packed with flavor when they get their wine from Nova Scotia.

3. Virginia’s Wine And Cider Sales Are Up- In other wine news, the wine industry in Virginia must be happy because wine and cider sales are up. In the fiscal year 2016, more than half-a-million cases of wine and cider were sold, or to put it in perspective, more than 6 million bottles were sold. This is a massive increase, as sales are up 6 percent from the previous year and up by 34 percent since 2010. Virginia is a major sector of the wine industry, as it is home to more than 280 wineries, which makes it the fifth largest in the nation when it comes to the number of wineries.

It’s no secret that the state of VA is a great destination to go to if you’re a fan of wine and cider. It’s also safe to say that wines and ciders in the state will continue to increase in sales. Furthermore, the wine and cider industry are one of the most important industries in the state, regarding economic impact.

That is the latest in wine industry news and happenings, but there is a lot of other things going on. However, those are some of the most recent developments and news in the industry. Make sure you regularly check because the industry is always changing and there is always something new to report in the industry.