English wine producers toast bumper year after 16% boost
English wine is going from strength to strength.
Independent English wine producers saw their turnover rise to a record £132 million last year, a new study has found.
The 16% increase from the previous year shows that the industry has enjoyed major growth in recent years, said Funding Options.
Research by the online business finance firm revealed that wine producers are benefiting from the growing popularity of boutique British alcohol production, including gin and craft beer as well as wine.
Conrad Ford, founder of Funding Options, said: “English wine is going from strength to strength.
“The English wine industry is not only gaining traction amongst domestic consumers, but is now being ranked with wines from traditional white wine-producing countries such as France and Germany.”
