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Brown-Forman opens Japan distribution office
Brown-Forman has launched its own distribution business in Japan to bring its distribution in-house for the first time since entering the market in the 1970s.
Tito's makes UK changes and supports Equal Measures
Tito’s Handmade Vodka has appointed Spirit Cartel as its new distributor for the UK and signed a sponsorship deal with Equal Measures.
IWSR Drinks Market Analysis has released its RTDs Strategic Study 2023, which revealed the RTD category is expected to grow by 12% in volume between 2022 and 2027, achieving $40bn by 2027 across 10 key markets.
Trivento named leading Argentinian wine brand by value by IWSR
The IWSR has recognised Trivento winery as the world’s top-selling Argentine wine brand.
Celebrity tequila - the long term effects
While they put a focus on the spirit, some experts believe the explosion of brands backed by famous faces does the category and quality expectations no favours.
Global spirits volume sees 5% growth for 2022
The IWSR Drinks Market Analysis reported that the global spirits category grew 5% in volume in 2022, driven by whisky, rum and brandy.
Gin shines brightly in travel retail
Gin may have fallen out of favour in the UK, but its prospects are much brighter in travel retail.
Top-end producers face mixed future
A recent IWSR report suggests that premium-plus producers are in for an economic rollercoaster.
No and low category surpasses $11 billion
The no- and low-alcohol categories grew by more than 7% in volume across 10 key global markets in 2022 to surpass a market value of $11bn, a new report from IWSR Drinks Market Analysis has revealed.
Premiumisation shows first signs of slowing down
According to IWSR Drinks Market Analysis, the first half of 2022 (H1) saw value growth of beverage alcohol reaching historic highs, driven by a combination of post-pandemic demand and price increases.
RTD growth led by cocktails and long drinks
The IWSR Drinks Market Analysis has released results for its 2022 Strategic Study examining and forecasting growth in the ready-to-drink (RTD) category.
Brown-Forman confirms purchase of Gin Mare
Jack Daniel’s owner Brown-Forman has confirmed the purchase of gin brand Gin Mare from Spanish premium drinks company, Vantguard.
Loch Lomond named fastest-growing top 25 single malt brand in 2021
Highland single malt brand, Loch Lomond, has been named the world’s fastest-growing top 25 single malt brand in 2021 by IWSR, with a 73% year-on-year increase in volume.
White rum has long been a star ingredient of cocktails and with consumers now demanding better quality drinks, it is ripe for premiumisation.
Businesses all over the world have boycotted Russian vodka in a show of solidarity with Ukraine, but what does this mean for the wider vodka market?
Global alcohol market value surpasses 2019 levels
The value of the global alcohol market grew by 12% to reach US$1.17 trillion in 2021, making up for the 4% covid-driven losses in 2020, new data from IWSR Drinks Market Analysis has found.
Brockmans Gin sales hit one million bottles in 12 months
Super-premium gin Brockmans has announced that one million bottles were sold within a 12-month period, a milestone for the brand.
Diageo acquires female-owned flavoured Tequila brand 21Seeds
Diageo has announced the acquisition of super-premium flavoured Tequila brand 21 Seeds.
No and low alcohol sales reached almost $10 billion in 2021
Sales of no and low alcohol beverages in 10 key global markets reached almost $10 billion in 2021 up from $7.8 billion in 2018, according to a new IWSR report.
Ecommerce alcohol sales expected to grow by 66% over the next five years
Online sales of alcoholic beverages in 16 key global markets will increase by 66% over the next five years, according to projections from IWSR.
Craft spirits outpace non-craft in the US in 2020
In 2020, craft spirits in the US volume gains of almost 8%, growing to a 5% volume share and 7% value share of the total US spirits market, according to IWSR Drinks Market Analysis.
RTD category volume share forecasted to double in next five years
Demand for ready-to-drink (RTD) products continues to grow amongst consumers, with the category expected to account for 8% of total beverage alcohol by 2025 according to a new report from IWSR Drinks Market Analysis.
The Covid-19 pandemic has inspired drinks producers across the world to significantly ramp up their focus on direct-to-consumer (DTC) sales.
Cachaça: Breaking out of Brazil
For many drinkers outside of its native Brazil, cachaça is a largely mysterious category, perhaps known as the star of a Caipirinha and nothing more. In its homeland, however, cachaça’s popularity borders on religious.
Trivento named as the world’s best-selling Argentine wine brand
Trivento has been revealed as the world’s best-selling Argentine wine brand in a report by IWSR Drinks Market Analysis.
There’s a buzz about Italian spirits in many markets. Campari and Aperol are kicking up a storm in aperitif drinking occasions through spritz and other mixer serves, while amaro is getting some love on the back of the wider trend for herbal, digestif-style liqueurs.
Brighter days ahead for the industry
Global alcohol consumption is expected to increase by 2.9% this year, according to new IWSR projections. Martin Green reports.
Asia Pacific beverage sales set to return to growth in 2021
Beverage alcohol in Asia Pacific markets is expected to gain more than +2% in volume and more than +4% in retail value by the end of 2021, according to IWSR Drinks Market Analysis.
Largest increase in alcohol consumption in the United States in almost two decades
In 2020, beverage alcohol consumption in the US saw the largest volume gain in nearly 20 years.
IWSR forecasts global beverage alcohol to gain 3% volume in 2021
The global drinks industry is showing positive signs of recovery and will grow in volume by 2.9% by the end of 2021, according to new IWSR forecasts.
Pernod Ricard launches Ballantine's Light and Beefeater Light
Pernod Ricard has ramped up its focus on the low-alcohol category by launching 20% abv variants of Ballantine’s Scotch whisky and Beefeater gin.
IWSR purchases Wine Intelligence
Global drinks industry data provider IWSR has purchased consumer insights firm Wine Intelligence for an undisclosed sum.
2020: Online sales' record year
Ecommerce has broken into markets that barely knew it existed pre-pandemic - and forcasts for the alcohholic drinks sector are very positive. Martin Green reports.
DATA: Reasons for the drinks industry to be cheerful
Surging sales in the US and Canada will drive the global drinks industry to a better than expected performance in 2020, according to new IWSR forecasts.
IWSR forecasts alcohol industry to perform better than expected in 2020
The global drinks industry will enjoy a better than expected performance in 2020 as a result of dynamism in ecommerce and retail, according to new IWSR forecasts.
Diageo to purchase Aviation Gin in $610m deal
Diageo will purchase Aviation Gin and several sister brands in a deal worth up to $610 million.
Covid recovery a marathon not a sprint
The global alcoholic drinks industry will take at least four years to return to the level of volume sales seen before the Covid-19 pandemic, according to IWSR.
Prosecco DOCG achieved record sales in 2019
The Conegliano Valdobbiadene Prosecco DOCG produced and sold a record 92 million bottles in 2019 after enjoying a large harvest the previous year.
IWSR: Five years for global booze industry to recover from Covid-19
IWSR Drinks Market Analysis predicts it will be five years before the global industry rebounds from the ongoing Covid-19 crisis.
IWSR: Status spirits to recover quickly from COVID-19
Research conducted by IWSR Drinks Market Analysis showed that the value of the status spirits market (brands that retail for US$100 or more) is $8.3bn, excluding baijiu.
Drinks brands impress social media users during coronavirus crisis
Engagement with alcoholic drinks brands on social media has increased by more than 300% during the coronavirus lockdown, according to social analytics agency ListenFirst.
Agave spirits forecast to overtake rum in US, says IWSR
According to research from IWSR Drinks Market Analysis, consumption of agave-based spirits was up 9% in the US in 2018.
Organic wine set for rapid growth says IWSR
New research from IWSR Drinks Market Analysis shows a rapid increase in organic wine in the coming years as consumer sentiment for sustainability and organic products grows.
Global wine consumption to grow 40m cases despite China "blip"
IWSR Drinks Market Analysis has revealed that global wine consumption is expected to grow by 37.8m cases by 2022 despite a “blip” in Chinese imports.
Cannabis 'poses risk' to alcohol industry in the US, research says
Latest research by the IWSR shows that 45% of millennials in the US who consume alcohol, also consume cannabis.
IWSR releases low/no-alcohol report
The IWSR has released its “Global Opportunities in Low- and No-Alcohol” report, which examines market sizing, key players, on-trade analysis, product innovation, and consumer trends.
While amaretto may have a long and somewhat idyllic history, it has done little to capture consumers’ imaginations in recent times. But cocktail culture could be key to changing all that, finds Angel Brown
China to overtake UK wine market
China is expected to overtake the UK to become the second most valuable wine market in the world, according to data released by IWSR.
Future growth lies with the Americas and Asia Pacific
Forecasts for future growth in wine and spirits consumption to 2020 show the Americas and Asia Pacific are the countries to concentrate on, according to recent IWSR research.
Global spirits and wine predicted to rise
Research commissioned by the trade show organiser, Vinexpo, predicts a +1.4% volume increase in world wine consumption and a spirits increase of +2.8% to 2019.
