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Home›Global Markets›Europe›France’s wine industry nears a 70-year production low

France’s wine industry nears a 70-year production low

Reported · Written up by our desk · Europe

France’s wine industry is approaching its lowest production level in nearly 70 years, according to CNBC Economy, raising fresh pressure for winemakers to make difficult business decisions.

As the sector faces a crisis point, key industry players are weighing changes that could include targeting new markets and products, as well as addressing generational transitions within the industry.

CNBC Economy frames the situation as a turning point that is forcing the industry to consider how it adapts to shrinking output and the prospect of continued strain.

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Sources

CNBC EconomyFrance’s wine production nears a 70-year low, leaving winemakers with tough choices
CNBC EconomyFrance’s wine production nears a 70-year low, leaving winemakers with tough choices

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