Consumer thirst for wine has subsided, with total wine volume consumption posting its second consecutive year of loss. Overall wine decreased 3.4% in 2023 to 336.6 million 9-liter cases, according to preliminary figures from the Beverage Information Group.
That's not to say there are no bright spots and growth areas...
Is there a better deal in premium spirits right now than rum? Bourbon's popularity has led to price spikes across that category, while tequila's recent rise has had a similar effect on the cost of agave spirits. Meanwhile, a well-aged rum is unlikely to cause sticker shock.
Which is good...
The sparkling wine category, which had posted growth for 20 consecutive years since 2002, took a tumble in 2023. Sparkling wine consumption fell 3.4% to 25.7 million 9-liter cases, according to The Beverage Information Group's 2024 Industry Overview. That's the same percentage decline as total wine volume consumption for...
Unlike tequila, bourbon or even gin, vodka has not generated too much buzz lately. But this spirit pays the bills at most bars and restaurants, given the amount of vodka that they sell and the favorable margins on many brands, and it tends to be a brisk seller for...
For the beverage alcohol industry, distribution is the critical bridge between production and consumer — but distributors often face hurdles that range from routing hang-ups to inventory blind spots. These hurdles can significantly hamper delivery times and inflate costs.
Last-mile delivery stands out as the most expensive and time-intensive aspect...
Looking at the world around us, technology is being utilized to improve just about everything. From implementing AI in the consumer shopping experience to data collection to grab-and-go shops, it is quite literally impacting everything that we do.
For decades, technology has been improving warehouse management and driving innovation in...
Among many trends in the alcohol industry supercharged by the Covid-19 pandemic was direct-to-consumer (DTC) shipping.
Sheltering in place during the health crisis, consumers learned at a rapid rate that they could order alcohol online and have it sent to their door. What was a growing DTC movement before 2020...
Tequila has been an industry darling in recent time. Double-digit growth in this category has helped lead the overall spirits market higher for years now. How much longer can the boom times continue for agave spirits?
One possible answer: Look at whiskey. This other trendy category exploded in popularity years...
Hard seltzer may have hogged the spotlight of the ready-to-drink beverage alcohol market in recent years, but spirit-based RTDs and canned cocktails are providing the buzz today.
The U.S. RTD market grew 1.3% in 2022, according to Statista, reaching a value of $4.8 billion. IWSR also expects RTDs to make...
Everywhere you look, companies are making changes to their business models in order to be more eco-friendly. Sustainability’s importance continues to grow in the industry, especially in the alcohol sector.
A survey conducted by Sanya Carley and Lilian Yahng found that 59% of U.S. beer drinkers would be willing to...
