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Consequently, this marks the first year in nearly 30 years that the industry saw a slip in spirits, beer, and wine sales. 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. The future of the U.S.
The “wine league” is finally teaming up with a wine brand. Jackson Family Wines and the National Basketball Association (NBA) announced today that Kendall-Jackson — the winery behind America’s best-selling Chardonnay — will be the league’s first official wine partner.
Boxed wine has been embraced by the drinking public, but canned wine has been a slower burn. In spite of that, according to Grand View Research , the global market for canned wine is expected to rise to $571.8 million in revenue by 2028 — a massive increase from the reported $235.7 million from 2021. The result?
According to new data from data analytics firm the International Wine and Spirits Record (IWSR), millennials (accounting for those currently between ages 28 and 43) are the driving force behind non-alcoholic drinks sales in the United States. While just 21 percent of the entire U.S.
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.
In new scotch whisky releases : Springbank finally unveils the second Countdown Collection Release, Torabhaig updates The Legacy Series, and Aberfeldy experiments with wine casks. The 26 year old whisky was matured in three re-fill bourbon hogsheads and bottled at 51.2% ABV with a retail price of £2,500 (~$3,185).
Today, the Champagne house remains committed to its four foundational pillars when producing wines: a meticulous selection of crus, vinification according to the original principle of Champagne, a rare collection of reserve wines, and prolonged maturation in cellars. The Champagne is beloved by royals.
Amulya further disclosed from research findings that affluent class in India, which includes persons with an annual income of 10,000 USD per annum, is 39 million at present, but is expected to increase to 90 million by 2028, which is more than the population of Germany, the UK and South Korea. “Indian single malt makes us proud.
By 2028, this market is expected to reach a value of US$87.74 El Cristiano in India Mehra Wines has recently launched El Cristiano in India, which according to Pranav, is known to be the world’s most delicious tequila and one of the most awarded tequila brand globally. percent,” asserts Pranav.
Gen Z is predicted to be the largest group of travel retail shoppers by 2028. This release completes the Tamnavulin Travel Retail Exclusive Collection, which now comprises a red wine, a sherry and a white wine finish. "The Gen Z population of legal drinking age in India is larger than that of the US & China combined'!
You didn’t want to walk down a new street because you didn’t want to see what closed,” says Lydia Clarke, co-owner of DTLA Cheese Superette and tinned-fish-centric wine bar Kippered. says Mathieu Giraud, co-owner of wine bar Garçons de Cafe and French restaurant L’Appart. They hope the 2028 Summer Olympics will be just that.
While the financial details were undisclosed, similar sponsorship deals suggest the IOC made bank, and the partnership will extend through the 2028 games in Los Angeles. Some accounts swap the Cognac with wine. For better or worse, booze and the Olympics have been inextricably linked since the modern games’ debut in 1896.
2 is a 14 Year Old single malt finished in ex-Barolo red wine casks. The Inspiration For Icons of Campbeltown The Icons of Campbeltown collection will consist of five annual bottlings and is scheduled to be completed in 2028. Release No.2 The collection is inspired by the Market Cross in the center of Campbeltown.
And while Argentina may be better known for wine, the country has a craft beer scene that’s blossomed impressively over the past two decades. Now, there are thousands and the industry is expected to continue growing by nearly 10 percent year-over-year until 2028. In 2010, there were roughly 70 breweries scattered across the country.
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.
The non-alcoholic beverages category is expected to deliver incremental growth of USD 4 billion and above by 2028, according to new data released by the International Wine and Spirits Record (IWSR). The no/low-alcoholic beverages sector is projected to grow at a combined 4 percent volume CAGR across 10 key markets through 2028.
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