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.
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.
Beam Suntory invests £6m in Glen Garioch distillery
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.
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.
Heineken beats expectations in strong Q3
Heineken beat analysts’ expectations by reporting a volume sales decline of just 1.9% during the third quarter of 2020.
Lindeman's launches NZ Sauvignon Blanc
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.