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The U.S. wine market remains on top

According to the Wine Intelligence’s Global Compass 2019 report, the U.S. remains at the top of the list as the most attractive wine market in the world. News from Compass 2019 explained that more people are spending a greater amount of money on wine than ever before. Along with the U.S. are Canada, France, Germany, and The Netherlands making up the top five. Wine Intelligence reported that the increase in imported wines and positive economic performance have raised the Compass rating for countries in Eastern Europe such as Romania, Poland, Hungary and Slovenia. Source: Harpers August...

Top trends for the alcoholic beverage industry

The rise in low and non-alcohol drinks have led brands to create new products in their category. Brands have started to release more premium level products in order to attract more consumers. Fruit-infused beer is one of the five emerging alcoholic trends that are likely to continue into 2020. Brands have been successful in adding ingredients such as peach flavor and elderflower flavor to beers which offer a ‘crossover’ option to those who are not a fan of beer’s natural taste. Ready to drink cocktails have grown in popularity due to the low alcohol, low sugar, and natural ingredient options. Source: FoodBev Media July...

Beer Sales Up By 3.5 Percent Through Mid-July

Market research firm IRI reported that year-to-date beer category dollar sales in off-premise retailers have increased to nearly $19.5 billion, growing by 3.5%. IRI data shows that imports have increased by 5.9%, flavored malt beverages  by 27.7%, and domestic super premiums by 12.6%. In the four weeks ending July 14, category-wide sales surpassed $3.4 billion and grew by 5.7% while flavored malt beverage sales increased 38.2%. Flavored malt beverage dollar sales reached nearly $1.9 billion. Dollar sales of craft beer reached over $2.2 billion and are up 2.9%. Source: Brew Bound July...

Tequila and Mezcal Trends

Tequila producers are increasing production volumes to meet the rise in demand. In the past three years, tequila has acquired second place as the fastest growing spirits category, growing at a rate of 9 percent year-on-year, reported by the IWSR. According to the National Tequila Regulatory Chamber(CNIT), tequila exports are on an upward trend with record levels in 2018 for the ninth year in a row. The CNIT reported that 309.1 litres of Tequila were produced in 2018, increasing by 13.9 percent from 2017, making it the second highest volume ever recorded. Experts claim that global tequila trends are driven by the premium-plus and luxury segments. Source: The Drinks Business July...

Rose Sales Continue to Impress in 2019

Rosé sales remain strong and popularity is still on the rise. In the first half of 2019, rosé made up about 9 percent of total wine sales, compared to 8 percent in 2018 and 7 percent in 2017, according to a report by Drizly. The canned wine trend has seen growth within the rosé category as its popularity in the summer time calls for portable drinks. While canned wine only makes up 1 percent share of total wine sales, it accounts for a 2 percent share of total rosé sales. Data from the 52 weeks from June 2018 to June 2019 reveals that rosé was up 27 percent. Source: Refinery 29 July...

NBTV Channels introduces the Spirits Network

NBTV Channels has launched the Spirits Network with a spirits-focused platform that features content to connect drinkers with retailers. Spirits enthusiasts will have the ability to learn and discover through the original content and its curated product selection among different spirits categories. NBTV chairman and CEO aims to create “a new kind of network without interruptive commercials that bring product experiences directly to consumers.” The network will feature original content that will include tastings and documentaries. Viewers will also be given the option to purchase rare and exclusive products through ‘quick buy’ services and monthly subscription boxes that include different spirits. Source: The Spirits Business July...

U.S. Wine Sales in 2019

According to Nielsen data, total wine sales were up nearly 2 percent for the first half of this year while volumes were down by about 1.1 percent. Oregon table wine sales increased by nearly 15 percent and volumes increased by 13.5 percent in the first half of this year. Nielsen reported that domestic sales are surpassing imports as domestic wine sales are up by 1.5 percent. Rose blends have remained on top among varietals as reports show that sales and volumes were up by 22 percent. The canned wine category reported strong growth with sales up 91 percent and volumes up 72 percent. Source: Wine & Spirit Daily July ...

Smaller Emerging Markets Will Fuel The Global Beer Category

IWSR Drinks Market Analysis Research predicts that global beer consumption will bounce back, particularly in smaller emerging markets. The Global Database reports that the category is expected to grow nearly 1.9 billion hectoliters by 2023, (with a compound annual growth rate of 0.7 percent 2018 to 2023). The global retail value of beer is expected to increase 5 percent by 2023, surpassing $455 billion. The category is gaining strength with the popularity of craft beers and low/non-alcohol beer. The volume of global craft beer is likely to grow to 52.2 hectoliters by 2023, (with a compound annual growth rate of 4.5 percent 2018 to 2023). Source: IWSR July ...

TTB Proposes Rule Changes that Could Affect Canned Wine Production

The TTB has proposed rule changes that would affect the requirements and standard of fill sizes for wine and spirits. Canned wines would benefit from some rule changes that would remove all wine container sizes except for a 50 ml minimum. The current requirement states that canned wines must be in 12.6 oz containers instead of the typical 12 oz cans that are used for sodas and beer. A notice from the TTB claims that they aim to “eliminate unnecessary regulatory requirements and provide consumers broader purchasing options”. The proposed rule changes will also benefit wineries as it will speed up the process of production and eliminate the need to make custom orders for appropriate sized cans. Source: Wine & Spirits...

The Impact of E-commerce on Global Beverage Alcohol

Online retailing of alcohol has greatly impacted the drinks industry. IWSR Drinks Market Analysis’ global database reveals that 1.8 percent of the value of all alcoholic drinks that are traded throughout the world is now sold through e-commerce. In 2018, about 3.6 percent of all wine value sales were attributed to e-commerce outlets, reaching nearly $8 billion in sales. IWSR research reported that about $6.5 billion of spirits were sold last year, making up 2 percent of all global spirits’ value sales. Source: IWSR July 2019...