Modern Wine Industry
By the turn of the 20th to 21st century there were over 1,500 wineries in Argentina. The two largest companies are Bodegas Esmeralda (which owns the widely exported brand Alamos) and Peñaflor (which owns another widely exported brand Bodegas Trapiche). Between the two of them, these companies are responsible for nearly 40% of all the wine made in Argentina. The Argentine wine industry is fifth worldwide in production and eighth in wine consumption. The continued trend of the industry is to increase quality and control yields. To some extent the results have been a mixed bag. Between the mid 1990s and early 21st century, Argentina had ripped up nearly a third of its vineyards but reduced yearly production only by 10%. This meant there was an increase in yields from 66 hl/ha to 88 hl/ha.
Read more about this topic: Argentine Wine
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