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

Booze Business

Overall, 33% of Americans said they had spent $50 or more on a bottle of alcohol in 2022, against just 24% in 2021. However, the 7% growth is a drop on the 11% CAGR prediction estimated for 2022 to 2026.” In addition, the longstanding idea of “drinking less but drinking better” continues to apply. in 2022 to 3.9%

Alcohol 246
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Review: 2020 Sullivan Rutherford Estate Cabernet Sauvignon

Drinkhacker

Quality was not in short supply, with many hard-to-find vintages or bottles attainable in highly specialized shops. Here’s hoping for an invitation and reacquaintance in 2026. However, this particular selection from Sullivan Vineyards captivated my attention.

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The Drinks Brands You Can Expect to See at the 2024 Olympics

VinePair

Corona Cero will also serve as the International Olympic Committee’s global beer sponsor in 2026 and 2028. The corporation is also putting forth Michelob Ultra as the official beer sponsor of Team USA for this year’s Olympic and Paralympic Games, as well as those in 2026 and 2028. Francis Ford Coppola Winery U.S.

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Agave’s Abrupt Price Plummet Sparks ‘Panic Sale’ Among Growers

VinePair

While this category was the fastest-growing price range, driving much of tequila’s growth, the hype around these high-end bottlings seems to be cooling off in the U.S. With such huge numbers of new plants going into the ground in 2021 and 2022, it’s entirely possible that pricing will not hit the bottom until 2026.”

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Check out the Margarita & some other agave cocktails with Bartender of the Year, James Irvine

Australian Bartender

Tequila has seen monumental growth in sales and production over the last 25 years, with further Compound Annual Growth Rate of 7% between 2021-2026. However, in saying that the agave spirit category hasn’t always been as prominent a category.

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This Week's Beer News: Good "Vibes" Only.

Guys Drinking Beer - Beer News

Everyone from beer makers, line cooks, event organizers, podcasters, bottle shop employees and others will be coming together tomorrow at Solemn Oath for an event that’s more than just a brew day. The owner is hoping it’ll be ready to open as a cafe in 2026.

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DOUBLE DUTCH SECURES B CORP CERTIFICATION

Bar Magazine

Its glass bottles are currently made with 20% recycled glass, which is an increase from 16% in 2021 (and should be 25% by 2026). The brand has also launched its drinks range in aluminium cans which are 100% and infinitely recyclable, with a lower carbon footprint versus glass bottles.