Start Panicking: Global Wine Shortage May Be Imminent
LatestOh no! It looks like everyone’s favorite fruit drink may be in short supply very soon. Now who will accompany you throughout all those Project Runway marathons?
While wine production has been quite good this year due to improved harvests, it still will not be enough to accommodate the growing market of wine-drinkers — particularly in the US and China — who are projected to consume over 400 million cases each by 2016. Last year, there was already an under-supply of 300 million cases.