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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.
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. IWSR also expects RTDs to make incremental volume gains from 2022 to 2027, expanding at a compound annual growth rate (CAGR) of 1%. RTD market grew 1.3%
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Wine Industry report for 2025. SVBs yearly report is widely considered to be the leading source of information on market trends in the wine business, offering an analysis of the overall industry and sharing marketing strategies based on data on pricing, sales, and wineries financial standings. percent revenue decline.
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