GIA announces the release of a comprehensive global report on the Wine markets. The global wine market is projected to reach 27.5 billion liters by 2017. Growth in the market is primarily driven by factors such as rising affluence, growing shift towards premium alcoholic beverages, increasing consumption of wine, and adoption of western lifestyles in developing markets. Market growth is also expected to be fuelled by rising awareness of health benefits associated with wine consumption.
Read more, San Francisco Chronicle