This is a news story, published by CNBC, that relates primarily to Michel Doukeris news.
For more Michel Doukeris news, you can click here:
more Michel Doukeris newsFor more agriculture news, you can click here:
more agriculture newsFor more news from CNBC, you can click here:
more news from CNBCOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like agriculture news, you might also like this article about
World Wine Production Outlook. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest world wine consumption news, Global wine production news, agriculture news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Global wine consumptionCNBC
•Business
Business & Economics
88% Informative
Global wine production is expected to have slipped around 2% to hit its lowest levels since 1961 .
Organic and orange wines, non-alcoholic options and high-end fine wines are all seeing increased demand.
Climate issues and adverse weather events played a big part in this drop, according to the International Organization of Wine and Vine's 2024 World Wine Production Outlook.
Younger generations spearheading growth in low and no-alcohol wines.
Michel Doukeris , CEO of the world's largest brewer AB InBev , said alcohol-free options were enabling people to continue to socialize.
The organization expects the market to grow at a compound growth rate of around 12% between 2023 and 2027 , compared to 2% for beer and cider.
VR Score
90
Informative language
90
Neutral language
71
Article tone
informal
Language
English
Language complexity
51
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
6
Source diversity
6
Affiliate links
no affiliate links
