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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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