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.
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Staffing crisis could open opportunities
The pandemic has thrown many challenges at bar owners over the past couple of years and the ones that survived the various lockdowns and restrictions deserve a pat on the back. However, while revenues are returning and bars are beginning to recruit once more, we’ve come up against a whole new set of problems, one of which is a global starring crisis.
