Investing in Fine Wine: Six Trends Affecting the Market
Climate change. From wildfires in Northern California (ravaging Napa and Sonoma) to a rainy season that plagued Burgundy in 2020 and 2021 (followed by drought in 2022)
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Quality over quantity. With each passing year, wine production has decreased as quality improves.
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Rising (little) stars. Due to the spike in prices, passionate wine collectors are looking at alternatives to get their hands on the latest releases.
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Shifting global tastes. Wine preferences can be highly subjective. However, it is clear that global preferences are evolving, with a shift in the type of wines people drink.
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New geographies. As land in Burgundy and Northern California is scarce and costly, the effects of climate change continue to worsen in these regions.
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Sustainability. Health and wellness are some of the biggest trends in the world today.