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

Booze Business

This shift is reflected in the market with beer sales stagnating, wine offering alcohol-free alternatives, and spirits brands introducing non-alcohol versions of cocktails. These drinks often include added vitamins, minerals, or other health-promoting ingredients. This would result in e-commerce’s TBA share increasing from 3.2%

Alcohol 246
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Luxury as Defined by Whisky

Spiritz

For the period until 2027, it predicts that the consumption of Indian malts is set to grow 13 percent a year compared to Scotch at 8 percent. The demand for whiskies in the country, particularly premium and single malt varieties, has seen significant growth over the last few years.

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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%. Randall’s Wine & Spirits in St. 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%

Liquor 83
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The Rise of the Spritz: a Timeline

VinePair

Just as easy to make as they are to enjoy, Spritzes are typically made with a liqueur, Prosecco , and a splash of soda water, creating something that’s not quite wine but not quite a cocktail, either. Swapping out the cocktail’s traditional glassware for a large wine glass. And people can’t get enough. Their first move?

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