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 - Starting a New Business Chapter
Barriers to entry in the Wine Production industry are moderate. Capital requirements for land, infrastructure and equipment are relatively steep. Setting up a new vineyard is costly, with new grape-growers expected to spend about £25,000 per hectare on planting, trellising, preparation and drainage. Building a winery of decent size is estimated to cost a further £250,000. Specialist skills and equipment need to be imported from more traditional wine-producing countries.
A number of new producers have entered the industry in recent years. Barriers to entry are higher for new entrants aiming to become major winemakers... purchase to read more