A spirit historically bound to the South Korean market, soju consumption is rapidly increasing in key global markets.

Rum: The White Choice

23 August, 2022

White rum has long been a star ingredient of cocktails and with consumers now demanding better quality drinks, it is ripe for premiumisation. 

The world’s number one selling spirit brand Jinro soju has announced it will be sponsoring Luno presents All Points East festival this month, the first time a Korean spirit brand has supported a major UK festival, making history for the global drinks market.

The UK’s on-trade and hospitality outlets are preferring to serve leading brands of gin and tonic as their house products instead of supporting local and small-batch counterparts, as market researcher Shepper finds. 

A recent report by Allied Market Research has shown that the global tequila market garnered $12.89 billion in 2021, and is estimated to generate $24.19 billion by 2031.

The Spirit of Manchester Distillery has launched its first whisky, the OnePointSix English, as it moves into the whisky market with a £1 million investment, the biggest since it was founded in 2016.

Flavours, packaging and a concentration on cocktails in the on-trade could be the way to a new audience for the Italian liqueur.

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.

Viña Concha y Toro has reported that profits rose by 26.7% in 2021 with sales of premium wines accounting for more than half of company revenues for the first time.

Few drinks categories have seen as much start-up activity as alcohol-free spirits in recent times. Lyre’s chief executive Mark Livings concedes his brand was beaten to the market by the likes of Seedlip and others, but he’s convinced that rapid scaling, rather than being early to the game, holds the key to success.

The non-alcoholic spirits category debuted in last year’s report, but the sector has quickly taken root and now no drinks group’s portfolio is complete without one.

Mancino Vermouth has been acquired by The Lucano Group for an undisclosed fee and joins a wide portfolio of premium spirits brands.

Online sales of alcoholic beverages in 16 key global markets will increase by 66% over the next five years, according to projections from IWSR.

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.

The United States has once again topped the list of the most attractive wine markets in the world,  according to a new report from Wine Intelligence.

London’s Wimbledon Brewery has taken its first steps into gin production with the unveiling of Wimbledon Garden Gin.

Edrington has reported that pre-tax profit decreased 21% year-on-year to £178.4 million for the year ending 31 March 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.

Edrington and Beam Suntory have reached an agreement to end their joint-venture distribution businesses in Spain and the UK after more than a decade of partnership.

Spirits giants Edrington and Beam Suntory have agreed to an equity swap of stakes in their jointly-owned distribution companies in Spain and the UK.

A synchronised sigh of relief was heard right across the Armagnac region last year as the news broke of Donald Trump’s defeat in the US election.

Beefeater has launched three new RTD Gin & Tonic varieties into the UK off-trade in time for the easing of lockdown restrictions.

Tito’s Handmade Vodka has entered a new distribution agreement with Genova-based Velier S.p.A for the Italian market.

Leading Chilean wine producer Concha y Toro increased net profit by 48.6% to Ch$77,994 million (US$107.4 million) in 2020.

An ambitious start-up aims to turn hard seltzers into a hot summer drinks trend within the UK market.

Leading Chilean wine brand Casillero del Diablo is expanding into Spain by launching a Tempranillo from Cariñena.

South African wines and spirits producer Distell International has signed a distribution agreement with French cognac house Camus for China duty free, effective immediately.

Alcohol free wine brand Eisberg is set to be acquired by Schloss Wachenheim AG (SWA) from Halewood Artisanal Spirits.

Hard seltzer brand White Claw has launched its Mango variety in the UK through supermarket chain Tesco.

UK port sales soar in 2020

11 February, 2021

Port sales in the UK saw impressive category growth throughout 2020, with the largest volume of off-trade sales since 2015.

Avallen has announced a global partnership with UK-based Charter Brands to drive new routes to market beyond Europe, Hong Kong & Australia.

The UK hard seltzer market is expected to reach a value of £75m by 2023 according to a report commissioned by DRTY.

JW Filshill, the Glasgow-based wholesaler, has acquired Eldorado Tonic Wine as part of its purchase of KB Agencies for an undisclosed sum.

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.

Amstel trains focus on China

16 December, 2020

Heineken has unveiled plans to make Amstel one of the bestselling beer brands in the Chinese market.

China has slapped a 212% tariff on Australian wine as diplomatic tensions between the two nations continue to mount.

The Rueda wine region plans to significantly ramp up its focus on export markets after overhauling its Denomination of Origin regulations.

Former Pernod Ricard executives Laurent Lacassagne and Patrick Venning have launched a botanical rum after setting up a micro-distillery in London’s Brixton Market.

Red Storm and Ocean Storm have been withdrawn from the market after The Gin Guild threatened legal action against the producer for incorrectly labelling them as “gin”.

English sparkling wine producer Black Chalk has announced plans to set up an office in Tokyo as it bids to crack the Japanese market.

Sales of spirits, wine and beer continue to soar in the US off-trade as shoppers shun bars and restaurants in favor of drinking at home.

Not long ago, India was known as a country that produced whisky from molasses, and the majority of sales came from the category of spirits called IMFL (Indian Made Foreign Liquor).

American whiskey exports to EU have decreased by a third since the bloc imposed a 25% retaliatory tariff in June 2018.

Zamora Company USA has bolstered its spirits portfolio with the addition of Filipino rum brand Don Papa.

AB Inbev has warned that Q2 trading will be “materially worse” than the previous three months due to brewery closures and supply chain disruption.

The Covid-19 pandemic has wrought havoc on the global drinks industry presenting business owners with a formidable set of challenges. Yet for winemakers in Lebanon it represents just another obstacle in a long list of trials and tribulations they have overcome in recent times.

India comes in from the cold

02 February, 2018

Indian whisky producers are becoming increasingly confident as drinkers recognise the spirits for their quality. now, says Dominic Roskrow, they’re set to take the next step up.

Sparkling wine

01 November, 2012

Susanne Stauß takes a closer look at the global sparkling wine market

Indian whisky

09 July, 2012

The market for whisky in India is huge, but local brands have the lion’s share due to the exorbitant import tariffs. Christian Davis reports

Despite challenging Portuguese economic conditions, Vinho Verde exports are on the increase and will become more competitive in the global market place, according to the Vinho Verde Commission (CVRVV).

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Tess Posthumus

Tales shows it's shifting focus

Tess Posthumus reports from the recent tales of the cocktail – and finds it’s becoming so much more than just a cocktail festival.

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