Wine Consumption is At a 27 Year Low, WOW!! My thoughts on why this is happening.

In this video I discuss the current environment around wine and why I think folks are drinking less wine than ever. Well, maybe not ever, but wine consumption is at a 27 Year low.
I am curious if you are consuming more or less wine nowadays and why. Let me know in the comments.
Below is the link to the article I mentioned:
www.decanter.c...
Enjoy.
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[@als.2983]

I drink less wine because of the ticking clock once the bottle is open. Once the cork comes out you have mere day(s) to finish it. The next day, the bottle of red sits on the counter and I feel compelled to drink it - whether I feel like it or not.
My wife has chosen to drink less wine at home during the week ("don't feel like it" is her rationale). So now I have to want to drink a bottle over the next few days before I will open one. This has cut down my consumption. I am sitting on 150 bottles in my wine cabinet so there are bigger gaps between wine shopping trips. Making cocktails one at a time very easy, so I probably am shifting to more spirit drinking.

[@DrinkinItIn]

Thanks for all of the thoughts, they all make sense and do parallel some of my habits at home right now as well. An open bottle of wine on the counter can be persuasive.

[@chrismirs5588]

blame the restaurants on wine prices not the 3 tier system

[@DrinkinItIn]

Thanks for the note Chris. Does the 3 tier system influence the restaurant pricing at all?

[@TheDesertWineGuy]

I have my doubts on wine consumption going down. Normally when an industry is hurting, they start offering better prices on their product. Go on line and take a look at the pricing wineries are charging for their tastings and you will see that there is no lowering at all. I keep getting offers from a big winery in Napa (Peju) saying that shipping is free but when you look at the prices of their wines you will see they are very high. I call BS on the lowering of wine sales. Yes, wineries are expanding their markets to different types of drinkers and also putting wine in different packaging but that also goes into expansion of sales and not due to a lowering of them.

[@DrinkinItIn]

Thanks for all of the thoughts. Prices are definitely on the rise across the board and i am surprised that we are not seeing some go down given what is being talked about as an oversupply in the market. Maybe that is coming shortly.

[@marcog3529]

I think its the so-called premiumisation situation. Where I live when people talk about wine they always mean the expensive ones, the benchmarks e.g, the Super-Tuscans etc. So they don't drink a lot, nor very regularly, but they buy very expensive bottles when they do.

[@DrinkinItIn]

Thanks for the note, that is an angle I have never experienced. If someone is drinking the expensive benchmark wines they are usually regualr wine drinkers.