Remove 2027 Remove Bottling Remove Promotion
article thumbnail

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. These drinks often include added vitamins, minerals, or other health-promoting ingredients. In addition, the longstanding idea of “drinking less but drinking better” continues to apply. in 2022 to 3.9%

Alcohol 246
article thumbnail

Spirit-based RTDs Take Off

Cheers

IWSR also expects RTDs to make incremental volume gains from 2022 to 2027, expanding at a compound annual growth rate (CAGR) of 1%. Cocktails and long drinks will see their share of RTD volumes grow 4% across the key markets from 2022 to 2027, IWSR says. RTD market grew 1.3% in 2022, according to Statista, reaching a value of $4.8

Liquor 83
article thumbnail

The Rise of the Spritz: a Timeline

VinePair

At the same time, the Campari Group started bottling Aperol with the memorable 3-2-1 recipe on the back label. In the early 2000s, approximately 500 cases (around 6,000 bottles) of Prosecco were landing on U.S. consumers purchased approximately 307 million bottles of Prosecco, narrowly edging out Champagne’s 304 million bottles.

Liqueur 95