While the US market will continue to dominate global consumption in the years ahead, IWSR forecasts highlight a bright future for a number of smaller tequila markets, including the UK, Spain and Australia, according to a new Tequila Category Assessment report published by IWSR Drinks Market Analysis. As the tequila category continues to expand, the…
Read More
As the gin boom cools in established markets such as the UK and Spain, growth opportunities emerge in a number of non-traditional markets, including Brazil and India. IWSR data shows that the UK and Spain have now reached ‘peak gin’, with volume consumption plateauing – but both markets are set to remain important sources of…
Read More
IWSR data shows that pricing strategies by category, demographic and market will be more critical than ever for 1–5-year business growth plans, according to the drinks market analysts. In an increasingly complex and nuanced total beverage alcohol (TBA) space, brand owners will need to sharpen their focus on value in order to generate meaningful growth…
Read More
Chinese brand Moutai (brand value down five percent to US$42.9 billion) is again the most valuable spirits brand in the world, according to a new ranking from the world’s leading brand valuation consultancy, Brand Finance. The brand retained its top position in the Brand Finance Spirits 50 2022 table and continues to lead the sector with its…
Read More
Tequila is the latest category to join the pink liquid drinks trend, as producers explore different methods for giving their spirit a touch of colour, and sometimes additional flavour, according to a release from IWSR drinks market analysis. The global tequila category has enjoyed ongoing growth – after volume increases of 17% in 2021, the…
Read More
Organisations and businesses worldwide – including UK distilleries – are facing increasing regulatory pressure to provide greater traceability of their products. This pressure is two-fold, stemming from the need to protect consumer health and safety, and develop more transparent, future-proof supply chains. These drivers for change could be viewed as a necessary evil – a…
Read More
Premiumisation has become a key trend governing all aspects of the beverage market, from sustainability to standing out in the growing market for luxury drinks, writes Susan Ellison, joint MD at OPM (Labels and Packaging) Group. Consumer spending on premium or “super-premium” alcoholic drinks is expected to grow by 13% to 2024, with more than…
Read More
The duty stamps scheme was misconceived and pointless and has been a burden on our legitimate distilling industry since its inception, writes Alan Powell, specialist excise duties consultant, for The Distillers Journal. The spirits duty stamps scheme is reported to be a burden upon the spirits industry and in particular upon the artisan and smaller…
Read More
Initially setting out to become a doctor and now in charge of the fastest growing premium gin brand in the world, Dr Anne Brock is the master distiller at Bombay Sapphire but the guardian of the Hampshire-based distillery simply takes it all in her stride. I’ve got the best job in the world!” beams Anne…
Read More
What do you get if you combine two former members of the Royal Navy and a seasoned pro from the world of wine and spirits? The Portsmouth Distillery, that’s what. While Rum is their central passion, that hasn’t stopped them becoming an award-winning producer of gin, too. Some things are just meant to be. For…
Read More
Recent Comments