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The State of the Booze Business: What Does the Future Hold?

Booze Business

This shift is reflected in the market with beer sales stagnating, wine offering alcohol-free alternatives, and spirits brands introducing non-alcohol versions of cocktails. Total beverage alcohol e-commerce sales are expected to grow 66% by 2025, reaching $42 billion annually. billion in 2023 and is expected to reach $28.6

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2024's "Painful Period of Rationalization" and other Beer News

Guys Drinking Beer - Beer News

revbrewchicago A post shared by @revbrewchicago I’ve updated our Chicagoland Craft Beer Map , and that was a real bummer of a “delete” button to have to press. Riggs Beer Company is hosting a German-style Christmas Market at their farm-based space on the weekends with rotating vendors, brats, mulled wine and more.

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A High-Tech ‘Beer Printer’ From Belgium Wants to Digitize the Drinking Experience

VinePair

At this stage, the company is working on securing additional funding, Standaert says, with a goal of putting out an expanded prototype for commercial use in 2025. A beer sommelier with a certificate from the Doemens Academy in Munich, Roland Graber is a co-owner of Riot Act Brewing and the craft beer bar On Tap in Bern, Switzerland.

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IWSR Report: U.S. Alcohol Market Set to Regain Footing After ‘Reset Year’

VinePair

Consequently, this marks the first year in nearly 30 years that the industry saw a slip in spirits, beer, and wine sales. High inventory levels are expected to persist into 2024 and potentially beyond, with normalization now not expected until 2025 or early 2026,” says president of the U.S. division at IWSR Marten Lodewijks.

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Discussions on THC and Beer Dominate NBWA’s 87th Annual Event

Cheers

The Unsteady State of Beer Even though the Golden State event was filled with speeches and presentations on the beer category’s resilience, there’s no denying the fear that permeated the walls of the Manchester Grand Hyatt hotel. The beer market is still struggling — there’s no denying it. But now, beer is not alone.”

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Beer Collectors Can’t Get Enough of Costco’s $10 Imperial Stout

VinePair

Many of these have medaled at top spirits competitions, like Costco’s bourbon, which claimed a top prize at 2017’s New York World Wine & Spirits Competition. These are all released under the Kirkland Signature label, the same house brand that appears on the retailer’s coffee, canned tuna, bottled water, and, yes, beers.

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9 Drinks Trends to Leave Behind in 2024

VinePair

We bore witness to the continued decline of craft brewing and watched as beloved brands like Duckhorn , The Famous Grouse , and Charles Smith Wines changed hands. Flashy cocktails designed for social media virality took over; hard seltzer got a high-ABV boost in an attempt to stay relevant; and diet wines grew in popularity.