GLOBAL WINE SUPERPOWERS: AN ENDLESS BATTLE

Toma Sorin-George
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Toma Sorin-George: FACULTY OF BUSINESS AND ADMINISTRATION, UNIVERSITY OF BUCHAREST, BUCHAREST, ROMANIA

Annals - Economy Series, 2025, vol. 3, 75-82

Abstract: The origin of wine is intrexicably linked with the appearance of ancient civilizations. The Neolithic period witnessed the emergence of wine production in Iran but the wild Eurasian grapewine was first turned into wine in the period 8500 BC-4000 BC. As the fermented juice of fresh grapes, wine is produced worldwide in various styles. Its composition and quality are influenced by a plethora of intrinsic and extrinsic variables. With their long history in wine making, Italy, France and Spain have always been main producers and competitors within the global wine market. The aim of this paper is to bring an insight about the evolution of the global wine superpowers by analysing their wine production in the period 2018-2024. To reach the goal of the study, the author employed a qualitative research method. In this respect, he carried on a comprehensive literature review. In the period 2018-2024, the global wine industry faced multiple and difficult challenges, such as adverse climatic conditions, COVID-19 pandemic, decreasing vineyard surfaces, and lower wine productions. However, several wine global producers demonstrated their resilience despite these obstacles. The findings show that Italy, France and Spain dominated the top of the global wine producers in the above-mentioned period.

Keywords: wine; wine production; wine industry; wine market; Italy; ranking (search for similar items in EconPapers)
Date: 2025
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