Record wine crop in California confirmed by preliminary grape crush report
The State of California’s Agricultural Statistics Service released its annual Preliminary Grape Crush Report at noon today summarizing the size and value of the 2012 California winegrape crop. Prior to this release, Allied Grape Growers had estimated the size of the...
Argentinian, Chilean and Australian bottled wine imports to the US down in 2012 due to higher share of bulk wine – overall imports up 11%
Bottled imports from Argentina were down in 2012 after 11 years of consistent growth. Chilean imports continued on a steady decline that began mid-2011 and Australian imports fell to the lowest level in a decade, according to a recent study. The findings, by...
Industry watchdog Alcohol Justice reports that legislature succumbs again to alcohol lobby in California
Alcohol Justice released a new report today illustrating the effectiveness of Big Alcohol lobbying on California state government at the end of the 2011-2012 legislative session. “Our legislature continues to pander to the well-healed interests of Big Alcohol at the...
Global wine market: undersupply replaced a decade-long era of oversupply with 2012’s harvest – price hikes will follow as global demand continues to rise
Undersupply replaced a decade-long era of oversupply with autumn 2012’s harvest and the inevitable prices hikes will hurt the entry-level market. Meanwhile global demand continues to rise. TWEETS OF the “OMG! We’re going to run out of wine!” variety greeted reports in...
Distilled spirits gained share in the US in 2013 – new product innovation and market modernization are driving growth
New Product Innovation and Market Modernization Drive Growth The distilled spirits industry market share edged upward in 2012, gaining share from both beer and wine, as companies innovated with new, sophisticated line extensions, and as a decade of regulatory...
China will become 2nd largest consumer and 6th largest producer of wines by 2016
China will import wine at a slower pace as the country's domestic wine production increases - while the world's most populous nation is set to become the world’s second-biggest wine consumer by 2016. Domestic production of wine in China is set to rise... Competition...
Effort building to change US pot laws – industry could be regulated like alcohol beverages – oversight would move from DEA to TTB
An effort is building in Congress to change U.S. marijuana laws, including moves to legalize the industrial production of hemp and establish a hefty federal pot tax. While passage this year could be a longshot, lawmakers from both parties have been quietly working on...
Diet soft drinks might be more dangerous as an alcohol mixer than regular soft drinks
Cutting calories with diet soda may seem like a good idea -- as long as it's not at a bar. A new study released in the journal Alcoholism suggests that cutting alcoholic drinks with diet soda makes them more potent than using their full-calorie counterparts....
World spirits consumption is set to increase 9% over the period 2012-2016, buoyed by 14% growth in Baijiu sales
World spirits consumption is set to increase 9% over the period 2012-2016, buoyed by 14% growth in Baijiu sales, according to IWSR research commissioned by Vinexpo. The market report, which was presented at the Vinexpo Bordeaux 2013 press conference in London today,...