Concha y Toro's Trivento is celebrating becoming the leading Argentine wine brand in the world, with sales of over US$256.2m a year according to a new report from the IWSR.
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While the past year has been extremely challenging for alcohol, there’s cause for optimism when it comes to recovery. Lisa Riley crunches IWSR numbers.
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Sales of alcohol online have remained strong despite the fuller opening of the on-trade, signalling how buying BWS online has become a way of life during the pandemic, as Jo Gilbert reports.
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The global beverage alcohol market is showing positive signs of recovery and is projected to grow 2.9% in volume by the end of 2021, according IWSR research.
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Definitive figures from Kantar show just how much shopping habits changed in 2020, with spirits overtaking wine in baskets for the first time and online reaching hitherto unmatched heights, as Jo Gilbert discovers.
Changing market forces are pushing a new, more modern breed of whisky to the forefront, with the evolving category landscape encouraging producers to innovate, according to new IWSR research.
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Consumer demand for no and low alcohol products and ready-to-drink is on the rise both globally and in the UK. But how long will this growth continue? Jo Gilbert looks ahead.
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Driven by Covid-19 lockdowns and closure of the on-trade, the at-home occasion has helped consumers reconnect with wine, with Brits having increasingly embraced wine drinking within the comfort of their own home during the pandemic, according to IWSR research.
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Total volume sales of no/low alcohol beer, wine, spirits, and ready-to-drink (RTD) products are set to increase 31% by 2024, according to a No-and Low-Alcohol Strategic Study 2021 from IWSR Drinks Market Analysis.
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IWSR Drinks Market Analysis has acquired Wine Intelligence for an undisclosed sum.
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Against a backdrop of globally dampened wine market, organic wine sales are predicted to rise from a 2.8% share of world wine sales to 4% by 2024, potentially representing an increasingly important driver of recovery.
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Join us this week for Harpers’ latest online session where we will be delving into organic winemaking over two insight-filled sessions.
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Premium-and-above spirits are forecasted to increase their global volume market share to 13% by 2024 as consumers continue to search for “authenticity and status”, according to the IWSR.
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A restructure could be on the cards for the English and Welsh spirits sector, as pressure from an impending recession begins to squeeze brands at either end of the price spectrum. Jo Gilbert reports
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The Covid-19 pandemic is facilitating a long-term shift among many of the world’s leading drinks brands’ strategies, it has been suggested, as owners begin to adopt a more “nuanced” approach to channel distribution.
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It will take five years for the global alcohol category to get back to pre-Covid health, the IWSR has predicted, with double digit declines expected to the hit the category this year.
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Prosecco DOC Rosé has now been enshrined in Italian law, meaning the trade can expect to see the first official ‘pink Proseccos’ hitting shelves in 2021.
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Packed pubs, standing-only bars and heaving nightclubs pose the biggest challenge to getting the struggling on-trade back on its feet, the IWSR has suggested.
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Beer and cider were hard-hit in the 2008/9 economic crisis, suffering from a combination of duty rises, an on-trade slump and increased at-home consumption, all of which tend to favour spirits and wine.
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For as long as I can remember, the wine industry has been coveting youth. Generic bodies have been at the forefront of this rush to connect with Gen Y. The CIVB, Inter Rhône and InterLoire have all invested significant resources into campaigns targeted at millennials.
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