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In the US maybe, but in Europe weakening demand for wine is certainly a very public and well-known issue. Especially in France.

Wine in France has absolutely plumetted, and has been for at least 60 years

Non-wine consumption on the other hand has remained steady (beer up, spirits down, about the same amount)

Given France's wine consumption was far higher (8.5 in 2000, 5.5 today) than say Germany (steady at about 3 since 2000)

I wouldn't read too much too much into that as a global trend