Wine and spirit consumption throughout the world has increased substantially, according to a study from the International Wine and Spirit Research (IWSR) that was commissioned by Vinexpo, a Bordeaux Chamber of Commerce and Industry.

The study, which covered 28 producer countries and 114 wine and spirits markets, revealed that consumption of wines throughout the world increased by 2.8% to 2.679 billion 9l cases during the period from 2007-2011.

Subsequently, revenue from the sales of spirits has risen by 43% during the five year period.

Among the countries, the US surpassed France and Italy as the leading wine consuming nation in the world, while China overtook US to become the third largest red wine consuming region after France and Italy.

In the spirits category, Asia-Pacific region led the industry with China taking the top honors as the leading spirits consuming nation.

Vinexpo CEO Robert Beynat said, "In the 11 years we have been working with IWSR, the VINEXPO study has become a standard reference for wine and spirits professionals. Every year, when actual consumption figures are compared to the forecasts, the very low margin of error demonstrates over and over again the reliability of this unique report initiated by VINEXPO."

Vinexpo also revealed the dates of the 17th edition of international wine and spirits exhibition, which will be held from 16-20 June 2013 at Bordeaux Exhibition Centre in France.

The 2013 edition of the exhibition will be open for around 48,000 registrants from all across the world in various positions – producers/suppliers, importers, distributors, retailers, sommeliers, beverage buyers and members of the press.