• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats

2

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?

3

Current price of oil as of July 28, 2026

1

eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats

2

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?

3

Current price of oil as of July 28, 2026
RetailGen Z
Europe

20% of French teens have never tasted alcohol—now wineries are making fuel for cars instead of boozy nights out

By
Alex Ledsom
Alex Ledsom
Down Arrow Button Icon
By
Alex Ledsom
Alex Ledsom
Down Arrow Button Icon
September 21, 2024, 1:30 AM ET
Red wine is particularly suffering. Sales fell from 5.1 million to 3.5 million hectoliters between 2017 and 2023. Rosés are declining less, and whites are holding steady.
Red wine is particularly suffering. Sales fell from 5.1 million to 3.5 million hectoliters between 2017 and 2023. Rosés are declining less, and whites are holding steady.alvarez via Getty
Add Fortune on Google for similar content.

In the mid-19th century, French adults probably drank a bottle of wine a day, and in the 1950s, eight-year-olds were served a small glass of wine with lunch in some school canteens.  

However, drinking wine is no longer à la mode in France, or at least not like before. Since the 1970s, the National Interprofessional Committee for Wines with Designation of Origin and Geographical Indication (CNIV) says that by 2023, the annual quantity drunk by the French each year was half of what it was, falling from 46 to 24 million hectoliters (a hectoliter is one hundred liters). 

This drop has been even more pronounced since 2010, falling by almost 2% annually. It’s particularly dire in supermarkets, where sales fall by 3% each year. 

Drinking wine is no longer à la mode in France, or at least not like before.

Red wine is particularly suffering. Sales fell from 5.1 million to 3.5 million hectoliters between 2017 and 2023. Rosés are declining less, and whites are holding steady.

Dining habits have changed

The decline probably has something to do with changes in French food consumption. France might be known as the land of haute cuisine, but it is MacDonald’s biggest European market, and slowly, fast dining has been taking over, impacting wine consumption. Joël Boueilh, president of the French Winegrowers Cooperative, told Le Monde, “Wine is presented as the symbol of French gastronomy, but you have to take the time to sit down.”

Wine drinking has also fallen during another of the country’s favorite pastimes, the apéro, or apéritif. As the nation sits drinking its ritualistic pre-dinner drink across its gardens and bars, people are just as likely to be tucking into a cocktail or a spirit with their olives. Likewise, marketing campaigns have helped beer win at sporting events, and fizzy drink brands have successfully partnered with fast-food chains. 

Sober-curious Gen Z

It’s also an age thing. Older people are likelier to drink wine than younger generations, who drink less anyway. In 2002, 4.5% of French 17-year-olds had never tasted alcohol, but by 2020, that figure had risen to 20%. 

As more people become ‘sober curious’ and abstain from all alcohol for months at a time over Dry January, say, or Sober September, this reduction is more marked for wine than beer or spirits. Last December, red wine sales in France fell by 4% at Christmas compared to just the year before. And for those who drink red, the cost of living crisis is pushing customers to order more red wine by the glass than by the bottle, and pitchers are becoming less of a thing.

As the French began to drink less, vineyards turned to exports. Increasing year-on-year, by 2023, French exports of both wine and champagne reached an impressive €11.2 billion. However, a flagging Chinese economy equals a quarter fewer bottles sold to mainland Chinese dinner tables, and sales are also down in the U.S., one of France’s leading wine importers. 

A lot of this has been wine from Bordeaux, and with reduced sales in supermarkets, the vineyards have long been overproducing more than they’re selling. An EU Commission report from 2023 expects this to worsen, foreseeing a further 7% decline in production and consumption Europe-wide by 2035, but the report suggests that it will likely be more. 

Pharmaceuticals or cars?

Last summer, the government proposed spending €215 million to distill some 3.5 million hectoliters of extra red languishing in cellars, predominantly in Bordeaux, Languedoc, and Rhone regions, into white alcohol to use in the pharmaceutical and perfume industries.  To be clear, this is equal to the size of Austria’s annual harvest. 

[King Charles] runs his Aston Martin on a mixture of English white wine and whey from the cheese-making process.

Some vineyards are digging up vines to diversify into other crops to reduce some of the oversupply. The government hopes to fund a plan through Brussels to pay French winegrowers to pull up about 10% of vines in the Gironde region.

There are other options, too, such as turning the surplus wine into bioethanol to run cars like King Charles. He runs his Aston Martin on a mixture of English white wine and whey from the cheese-making process. But it’s much less money for growers: €20 per hectoliter compared to €70 for distillation. 

In 2006, the EU converted 510 million liters of ethanol into bioethanol to run cars, noting that it was a depressing solution that only applied a bandaid to a situation and didn’t solve the endemic issue of overproduction. 

There are ways out, but it isn’t easy. Corsica reduced its wine growing area from 30,000 hectares in the 1970s to 7,000 today and converted from red to mostly rosé using indigenous grape varieties. Some growers also diversified into clementine, grapefruit, and lemon crops. 

In the short term, smaller holdings will likely merge and consolidate into larger vineyards to survive. Longer-term, a better solution needs to be found for one of France’s best-known industries.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Author
By Alex Ledsom
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Retail

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Retail

Costco’s $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline
RetailCostco
Costco’s $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline
By Sydney LakeJuly 29, 2026
2 hours ago
js
SuccessEntrepreneurs
‘We’re on top of every restock’: This 24-year-old has made over $4 million off his subscription-based reselling community
By Joshua HongJuly 29, 2026
10 hours ago
Photo of former CEO David Wenig
LaweBay
eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats
By The Associated Press and Leah WillinghamJuly 28, 2026
20 hours ago
erling
Arts & EntertainmentJD Sports Fashion
The Erling Haaland boom: Norway’s ‘pop-up economy’ during the World Cup revealed in Visa data
By Catherina GioinoJuly 28, 2026
23 hours ago
arnault
C-SuiteLVMH
Bernard Arnault is denying a family rift—and any kind of real-life Succession. LVMH earnings tell a stranger story
By Mia OsmonbekovJuly 28, 2026
1 day ago
kfc
RetailAuction
‘He did wear clip-ons’: KFC founder Colonel Sanders’ pressure cooker, bow ties, former home up for auction
By Dylan Lovan and The Associated PressJuly 28, 2026
1 day ago

Most Popular

eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats
Law
eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats
By The Associated Press and Leah WillinghamJuly 28, 2026
20 hours ago
Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?
C-Suite
Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?
By Nick LichtenbergJuly 27, 2026
2 days ago
Current price of oil as of July 28, 2026
Personal Finance
Current price of oil as of July 28, 2026
By Joseph HostetlerJuly 28, 2026
1 day ago
The brutal math behind Gen Z's lonely weekends: $15 drinks are driving a generational 'spending hangover'
Economy
The brutal math behind Gen Z's lonely weekends: $15 drinks are driving a generational 'spending hangover'
By Nick LichtenbergJuly 28, 2026
1 day ago
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
Real Estate
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
By Nick LichtenbergJuly 25, 2026
4 days ago
Current price of gold as of July 28, 2026
Personal Finance
Current price of gold as of July 28, 2026
By Danny BakstJuly 28, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.