Wine Value Reaches New Heights
The still and sparkling wine market is expected to grow in volume by 2.15 percent in the next few years. The US continues as the world’s most valuable wine market, reaching 34.8 billion dollars and 318 million cases, followed by France and China. Research predicts...
Retail Sales on the Rise
After a slight decline, U.S. retail has been on an upward trend in recent months, with a 1.3 percent increase, starting 2019 off in a positive direction. Higher wages and lower unemployment are expected to continue to promote consumer confidence in the year ahead....
Shiny & Popular Aluminum Wine Cans Increasing in Sales
Wine in aluminum cans has become increasingly popular due to the convenience factor of on the go enjoyment. Sales for 375 ml bottles have grown 54 percent by value and 35 percent in volume. This tremendous sales increase is due to the younger generation enjoying the...
Whiskey shines with 580 Percent Growth
Rare whiskey has been up 40 percent in value in the past year, with more than 66 million nine liter cases sold in the U.S. This is approximately a 580 percent increase in value with 47 million more cases sold when comparing to whiskey statistics a decade ago. The...
Spirits Dominating for the Ninth Year in a Row
According to the Distilled Spirits Council, spirits have gained market share compared to beer and wine for the ninth year in a row. A great deal of that growth is attributed to the super premium liquor sales on the rise. These super premium liquors consist of products...
Latest Control State Results
The National Alcohol Beverage Control Association (NABCA) captures 18 control states and 20-25 percent of the total U.S market. In NABCA, the distilled spirits category posted eight percent dollar sales growth and six percent volume growth in recent months. Domestic...
Nielsen Spirits Update – March 2019
Distilled spirits dollar sales were up 6.8 percent in the past month, which was slightly above the 6.4 percent growth seen over the last 3 months. Across Bourbon, Irish whiskey, Tequila, and Canadian whiskey all grew in sales. Volume was up by 4.1 percent as price/mix...
Millennials are Changing the Wine World
Millennials are leading the wine industry in becoming more transparent, international and sustainable. Consumers, particularly, the millennials, are on the look-out for local and organic wines. Although organic wines might only account for 3.6 percent of the total...
The Latest Wine Report Shows Growth
The most current Wine Analytics Report provided a positive overview of activity in the wine industry. The report included data on young wine consumers and potential opportunities in the wine market. According to the report, U.S. wine sales approached 48 billion...