Industry Analysis & Industry Trends
Although wine has been produced in the United Kingdom since the Roman conquest, wine making has been little more than a hobby during modern times. During the past decade, however, the attainment of a number of major international awards caused the world to take notice of English wine. Wine is mostly produced in the South and South East of England and is mainly sparkling. During the past five years, the industry has enjoyed robust growth, underpinned by rising domestic and international interest in English wine. Warmer than average weather for much of the past decade improved grape yields and wine quality, helping winemakers produce sparkling wines to rival those on the continent. Interest in UK-produced sparkling wine has also been helped by rising demand for quality food and wine... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Wine Production industry is in the growth stage of its economic life cycle. During the 10 years through 2019-20, industry value added is forecast to grow at a compound annual rate of 3.2%. This compares with forecast GDP growth of 2.2% over the same period.
UK-produced wine more than doubled over the five years through 2010-11, buoyed by warmer weather, improved grape yields and quality, a growing international reputation and domestic demand for locally produced quality food and beverages. In 2011-12 and 2012-13 extremely wet and cold weather caused production to fall back sharply, but this is not expected to last as rising demand leads wine makers to increase investment in capacity and lift production... purchase to read more