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Treasury Wine Estates pulls guidance on China, US troubles // Michelin will now judge winemakers with new guide that will 'conquer the world'

October 13, 2025 - Wine Industry Insight Daily News Feed

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“Projected trajectories for California wine production starting from the 2024 baseline of 508 million gallons. Even with a +3% recovery scenario, volumes do not regain the 2017 peak of 741 million by 2034. A flat trajectory locks output at current levels, while a continued –5.2% annual decline would shrink production to about 297 million gallons.”

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