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

Booze Business

The alcohol industry stands out as it undergoes changes that are not only fundamental but also unique, driven by changing consumer preferences, technological advancements, and shifting demographics. One of the key factors driving the non-alcohol trend is the ‘sober curious’ movement. Dry January is a good example.

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Diageo India exceeds its water replenishment target

Spiritz

Diageo India exceeded its water replenishment target by 25 percent, three years ahead of its 2026 goal, according to the company’s third annual ESG Reporting Index, which was released earlier this month. Besides, the company actively promotes inclusion and diversity across its business. In FY24, over 1.9

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Spirit-based RTDs Take Off

Cheers

Hard seltzer may have hogged the spotlight of the ready-to-drink beverage alcohol market in recent years, but spirit-based RTDs and canned cocktails are providing the buzz today. RTD market grew 1.3% in 2022, according to Statista, reaching a value of $4.8 Randall’s Wine & Spirits in St.

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What’s on our radar for the week ahead

The Cocktail Lovers

If youre (still) doing Dry Try: Noobies, the new, non-alcoholic cocktail menu at Nine Lives in London. More than just n/a this one cleverly highlights nootropic ingredients like chlorophyll, CBD and functional teas, in fact, it’s all about cocktails to promote certain moods. ’ menu all complimentary to guests.

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With Its Health Halo Dimmed, Wine Needs New Ways to Win Over Drinkers

VinePair

No category of alcohol has reacted to the recent public health debate about drinking the way wine has. dietary guidelines already had the wine industry on edge when the Surgeon General in January put forward a slate of recommendations to make the link between alcohol and cancer clearer to the public. The upcoming federal review of U.S.

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