World is facing a significant wine shortage , according to Morgan Stanley report . Comment: The world's population has been growing at an average rate of about 1 % per year for the last 50 years or so. Old world wines continue to stabilize after poor harvests in recent years , say experts .
World is facing a significant wine shortage , according to Morgan Stanley report . Industry experts release global production report countering Morgan Stanley findings . Old world wines continue to stabilize after poor harvests in recent years , say experts .