Bev Alc Data: RTDs Rise in Value, Consumption Frequency, On-Premise

Volume growth within the U.S. alcoholic RTD market has moderated since last year, but the category rose rapidly by value and is expected to continue to grow from $18.2 billion to $21.1 billion by 2027, according to a new report from IWSR Drinks Market Analysis.

Report: Consumers Pay +73% For Celeb Spirits at Bars & Restaurants

Celebrity spirits are growing sales on-premise— and at a premium. Consumers are paying 73% more per drink for a celeb-backed spirit at bars and restaurants, according to Union’s OnPrem Insights which gathers data from over 1,000 high volume accounts using the POS platform.

Data: BevAlc Sales Up Due To Easing Volume Declines

Total BevAlc sales growth accelerated with volume performance improved across beer, spirits, flavored malt beverage and hard seltzer, while decelerating on a sequential basis in wine and cider categories during the two-week period ending October 7, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research.