Wine industry booms with 37 producers launched in one year
A total of 170 wine producers have opened in England in the last five years with exports expected to rise to £30m in 2020
It would appear that there’s never been a better time to start a wine business, with new research from UHY Hacker Young having reported that 37 new wine producers and vineyards opened in England over the last year.
The study also found that a total of 170 newly licensed wine producers have entered the industry over the last five years.
In addition, the Department for Environment, Food and Rural Affairs (DEFRA) has predicted that UK wine exports will rise from £3.2m in 2015 to more than £30m by 2020.
James Simmonds, partner at UHY Hacker Young, commented: “In recent years the wine industry has gone from strength to strength, and customers are now opting for English wines over French or Italian products, which 20 years ago would have been seen as a joke.”
Read our guide to starting a wine bar and take advantage of England’s thriving wine industry.