25.10.2023 The Big Picture: Fine wine market affected by double scarcity and growing demand
B. G., Opalesque Geneva:

Many investors don't realise how big the wine market is, says Nicolas Mandiharat, co-founder of WineChain, in a recent webinar. This is surprising since it is one of the biggest - and one of the oldest - consumer markets.

Indeed, the global wine market size is expected to grow from US$409bn in 2022 to $583bn by 2032, at a compound annual growth rate (CAGR) of 5

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