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New type of Bordeaux wine to gain official status as result of climate pressure // Why drinks giants’ woes are big opportunity for others

February 2, 2026 - Wine Industry Insight Daily News Feed

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“The chart [below] from Niesen IQ is the easiest way to get some fundamental insight into industry sales changes over the last seven years. It is only off-premise, but the dataset is clearer than any other. The key reference point is in 2019 on the left side of the chart—the last “normal” pre-COVID year. Those working in the trade knew we were already suffering from acute oversupply, but at the time, the external narrative was about the three consecutive large harvests in California, not faltering demand.”

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