The Grapevine

Wine Industry News: Global Market Research, WS Top Ten

November 10th, 2014

The unavoidable Wine Spectator Top Ten is here in advance of their Top Wines of 2014 issue. And a very pricey market research report is interesting enough to comment on, if not to purchase outright. [level-members]

Global Wine Market Report
First, the market report, which is from Fast Market Research and which is available to one and all for $1500. (For $1,495, but who’s quibbling?) Report highlights include an annual financial growth rate of 2.8% for the 5-year period from 2009-2013 and a increase in consumption volume of 1.4% over that same time period. So prices are going up and more wine is being drunk. Even better news is that the report forecasts a acceleration in growth, to 4.4% annually for the next 5 years.

Wine Spectator Top Wines 2014
Wine Spectator trots out its list of the best wines of 2014 with a timed release of these year’s top 10. Two wines a day, starting with numbers 9 and 10 today, until we reach the top on Friday. Number 10 is the $165 per bottle 2011 Château Léoville Las Cases and #9 is Concha y Toro’s Cabernet Sauvignon Puente Alto Don Melchor 2010 for $125.