Changing tastes, climatic conditions, health warnings, economic factors are all creating a perfect storm for the global wine industry.

But demand for wine has been steadily declining across the globe. In France, home to some of the world’s most famous brands, the government has now had to step in to support the producers and their vineyards. And there is increasing competition everywhere from both the beer and spirits industry, who are marketing more alcohol-free or low-alcohol options. Is it last orders for the wine industry?

We speak to four key experts: Jane Anson, author, wine critic, Bordeaux, France; Roderick Phillips, author, professor of History, Carleton University, Ottawa, Canada; Stefano Castriota, author, professor of Economics, University of Pisa, Italy; Peter McAtamney, founder of Wine Business Solutions, New South Wales, Australia.

Presenter: Charmaine Cozier

(Photo: A bunch of grapes. Credit: Gabriel Bouys/AFP)