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In data: France Tequila, mezcal market to double in value by 2028

Just Drinks

France’s Tequila market is predicted to more than double in value between 2023 and 2028, data from GlobalData shows.

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Tequila is India’s New Luxury Sip

Spiritz

The readiness of the Indian market for super-premium and luxury tequila brands is evidenced by the significant rise in high-end tequila sales at Duty Free stores in Delhi and Mumbai. “Projections for the tequila market in India are very encouraging. . By 2028, this market is expected to reach a value of US$87.74

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In data: Australian gin market shows “strong” growth but lags behind other spirits

Just Drinks

Australia’s gin market is set to surpass US$700m by 2028 though its growth could be outpaced by rum, vodka and Tequila, data suggests.

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IWSR Report: U.S. Alcohol Market Set to Regain Footing After ‘Reset Year’

VinePair

will be a major player in growth within the world’s “mature alcohol markets” down the line, pushing nearly $8 billion in incremental gains come 2028. While the category experienced a 2 percent decline last year, it’s only expected to increase by 1 percent between now and 2028. The future of the U.S. Premium Beer or Bust The U.S.

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Super-Premium Gin Has Struck a Chord With Millennial and Gen-Z Drinkers

VinePair

to $29.99, by their metrics) declined by 5 percent in 2023 and are expected to continue falling at a CAGR of -1 percent through 2028. The deal mirrored Diageo’s acquisition of George Clooney’s Casamigos tequila brand, and it proved to be savvy. According to data and analytics company IWSR , U.S. growing by 38 percent in volume sales.

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Why the Mule Is the Ultimate Workhorse Cocktail

VinePair

But, as we’ve learned with the “healthiest” spirit, tequila , many health-conscious consumers don’t necessarily care. percent in 2023, and is “steadily climbing towards $100+ billion” by 2028 , thanks in part to the explosion of youth-courting RTD cocktails. Indeed, per Mintel, the U.S. market for dark spirits increased by 8.3

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