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CEEV reports ‘impressive and positive’ impact of wine sector in EU // Insurance Market Crushes Wineries

March 21, 2024 - Wine Industry Insight Daily News Feed

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“Sauvignon Blanc has been the darling of the wine market in recent years, but there is a risk that it is becoming overplanted. While Sauvignon Blanc has been one of the best performing varietals in the retail channel, sales have grown by only 2% over the past two years in volume terms, based on my review of NIQ data. Nonetheless, there has been a wave of new plantings across the state. and bearing acreage will continue to grow for at least the next several years.”

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