New data from the IWSR, the global authority on beverage alcohol data and intelligence, has revealed the US beverage alcohol market continued to shrink in the first seven months of 2024, with volumes declining more than expected.

Patrón tequila has announced it is bringing back Patrón XO Cafe to the US having discontinued the product three years ago.

The International Organisation of Vine and Wine (OIV) has found that in 2023, world wine production is expected to be the smallest in the last 60 years.

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.

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.

Global alcohol consumption is expected to increase by 2.9% this year, according to new IWSR projections. Martin Green reports.

Beam Suntory has announced a £6m investment in the Glen Garioch distillery in Oldmeldrum, which will see the reintroduction of floor matings and installation of direct-fired heating.

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.

Heineken beat analysts’ expectations by reporting a volume sales decline of just 1.9% during the third quarter of 2020.

Lindeman’s has added a New Zealand Sauvignon Blanc to its international Winemaker’s Discovery range. It's a UK launch, initially, but is expected to roll out across Europe.