NIQ: Adult Non-Alc Nears $1B; RTDs Drive Growth
Total bev-alc retail sales reached $112 billion in 2024 but, excluding ready-to-drink (RTD) beverages, no category saw growth in dollars or volume, according to market research firm NIQ.
Total bev-alc retail sales reached $112 billion in 2024 but, excluding ready-to-drink (RTD) beverages, no category saw growth in dollars or volume, according to market research firm NIQ.
Mark Anthony Brands is narrowing its focus in 2025, with a "dramatically" simplified portfolio, Mark Anthony Brands president David Barnett shared Monday during Day 2 of Beer Business Daily’s Beer, Wine and Spirits Summit in Palm Beach, Florida.
From social media advertising to shipping regulations, here are some of the top legal issues for bev-alc and adult-non alc suppliers to pay attention to this year.
Rocco Milano, co-founder of ready-to-drink (RTD) brand On The Rocks was once told that “RTD was where brands go to die.” But five years after launching, the premium bottled cocktail company sold to Suntory Spirits in 2020.
Renais Gin, the spirits brand co-founded by Harry Potter actress Emma Watson, has charmed investors into a $6.18 million raise, the company announced today.
Delivering on transparency is now table stakes for brands if they want to connect with the largest and most diverse generation on the planet with a purchasing power of $360 billion – 60% of whom say they don’t trust claims brands make about their products.
This year’s spirits news was full of big names and bold moves: warring tequilas, sudden closures, celebrities popping in and out of the industry, and even an intern blowing things up. Here are the top 10 BevNET spirits stories, as ranked by popularity.
With the RTD category at peak saturation, retailers and distributors want to know brands can bring incremental consumers – otherwise they’re not taking any chances, shared Cassie Finley, VP of customer development at Southern Glazer’s Wine and Spirits during the 2024 Winter BevNET Live conference in Marina Del Rey.
From the continued rise of the all-day drink to sophisticated zero proof concoctions, 2024 was a year of both nostalgic and progressive ideas in cocktails. So what’s in store for 2025?
Diageo is reportedly exploring a sale of Cîroc Vodka, the brand once transformed by the support of disgraced music mogul Sean “Diddy” Combs, who is now in prison facing federal charges of sex trafficking among other crimes.
The first of two major reports that will inform the 2025 Dietary Guidelines for Americans’ alcohol consumption recommendations has found that moderate drinking is better than not drinking for certain health issues.
For the first time in over 50 years, a new American spirit category has been born. What's next for American single malt?
Patco Brands, the manufacturer of one of the leading wine-based ready-to-drink products and other private label brands, has made a strategic investment in Farfield, California-based Frank-Lin Distillers Products, the companies announced today.
The Federal Trade Commission (FTC) is suing Southern Glazer’s Wine and Spirits (SGWS), the nation’s largest alcohol distributor, over its pricing practices.