Rabobank Report: Global Beverage Industry Outlook 2014
NEW YORK — Rabobank has published a new report on the global beverage industry, predicting growth that is lower than historical standards but which can be mitigated by strategic initiatives focusing on direct selling, co-manufacturing and distribution efficiency. In...
Control State Results: December 2013
END-OF-YEAR RESULTS Nine-liter case control state spirits sales during 2013 increased 1.1% over sales reported during 2012, led by Irish Whiskey, Cordials, Domestic Whiskey, Brandy/Cognac, Tequila, and Vodka with annual growth rates of 12.0%, 5.5%, 3.1%, 2.0%, 1.7%,...
A New Study Suggests That People Who Don’t Drink Alcohol Are More Likely To Die Young
A newly released study shows that regular drinkers are less likely to die prematurely than people who have never indulged in alcohol. You read that right: Time reports that abstaining from alcohol altogether can lead to a shorter life than consistent, moderate...
Walmarts’ Push To Sell Spirits
Florida’s independent spirits retailers are gearing up for a legislative fight against Walmart, which is said to be planning a new effort to relax retail restrictions on spirits sales in the Sunshine state. Currently, Florida’s licensed spirits retailers can only sell...
U.S. Spirits Market Sees Slower Growth In 2013, As Vodka Continues To Dominate
The U.S. spirits market eked out modest growth in 2013, but was unable to match its gains of recent years. After advancing by more than 3% in 2011 and 2012, spirits volumes last year grew by just 1.3% to 208.6 million cases, according to Impact Databank. Growth was...
U.S. Wine Market Rises 1.5% In 2013
The U.S. wine market continued its long-term growth streak in 2013, as a solid off-premise performance offset tougher conditions in the on-premise. The market added nearly 5 million cases over the past year, according to Impact Databank. Overall growth slowed slightly...
Suntory agrees US$16bn deal to acquire Beam Inc
Japan's Suntory Holdings has agreed to acquire US-based spirits firm Beam Inc for US$16bn. The deal, which will create the world's third biggest premium spirits player, is expected to close by the second quarter of this year pending regulatory approval, the companies...
Craft and Cider Take Share from Beers During 2013
According to GuestMetrics, despite a difficult year for the beer category in on-premise in 2013, Craft and Cider both continued to post positive volume growth, taking share from Premium Light, Premium Regular, and Import beer throughout the course of the year: Beer...
What Will Happen With Wine in 2014?
The buying and selling of wine has two long traditions behind it: on the one hand, it is a rough-and-tumble game of selling as much mediocre wine and sheer plonk as possible to a customer base that looks first and only at price; on the other hand, it has for a century...