IWSR: RTDs Poised to Grow +6% Through 2028
Spirits-based ready-to-drink (RTD) canned cocktails are projected to grow at a +6% compound annual growth rate (CAGR) in the U.S. through 2028, according to market research firm IWSR.
BevNET’s Most Read Spirits Stories Of 2024
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.
Ten Cocktail Trends For 2025: 90s Nostalgia, Minis and Moderation
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 Reportedly Exploring Selling Formerly Diddy-Backed Cîroc Vodka
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.
Report: Moderate Drinking Linked to Lower Some Health Risks, But Raises Breast Cancer Risk
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.
BevNET Announces 2024 Spirits Award Winners
This year, BevNET moved our coverage even deeper into spirits, RTD cocktails and a new generation of “adult” non-alcoholic drinks. It’s only fitting that we expand our awards to honor the work of entrepreneurs pushing these categories to new heights.
American Single Malt Whiskey Is Defined at Last, With Some Dispute
For the first time in over 50 years, a new American spirit category has been born. What's next for American single malt?
Consumers Starting to Explore RTDs in the On-Premise
One-quarter of consumers who have visited the on-premise in the past three months have ordered a ready-to-drink cocktail (RTD) during that time, according to CGA, the on-premise arm of market research firm NIQ.
FTC Sues Southern Glazer’s Over ‘Unlawful Price Discrimination’
The Federal Trade Commission (FTC) is suing Southern Glazer’s Wine and Spirits (SGWS), the nation’s largest alcohol distributor, over its pricing practices.
BevNET Announces Nominees for 2024 Spirits Awards
Aligned with BevNET's commitment to explore burgeoning beverage trends and innovative brands, the BevNET Spirits Awards are focused on shining a light on the dynamic spirits industry, including large and small spirits Companies, ready-to-drink cocktails, ready-to-serve cocktails and non-alcoholic spirits.
Suntory Reveals New RTD-Focused Platform, Starts with Maru-Hi FMB in California
Global spirits giant Suntory Holdings revealed today the creation of a new business unit, Suntory RTD Company North America, focused on malt-based, ready-to-drink (RTD) offerings with the first release expected to hit U.S. retailers in mid-January 2025.
Brown-Forman Beats Expectations; CEO Warns of “Painful” Tariffs
Brown-Forman, the leading exporter of U.S. spirits to the world, beat analysts’ expectations in its latest quarterly earnings report, thanks to a jump in demand from its more premium whiskies. But the president and CEO of the Jack Daniels Whiskey maker cautioned that with potential tariffs looming it was facing “so many potential scenarios and unknowns.”
Spritz Without The Spirits: Wilderton Rebrands With Aperitivo Focus
The craft spirit veterans behind Adult Non-Alc (ANA) spirit brand Wilderton are taking the bittersweet lessons learned since debuting four years ago and channeling them into a new identity: Wilderton Aperitivo Co.
How Sake Brewers Are Chasing Trends to Woo American Palates
In Japan, some of the country’s oldest sake brewers are eagerly awaiting a decision next month on their bid for the rice wine to win recognition as a UNESCO Intangible Cultural Heritage, a commendation reflecting the depth to which the beverage is tied to national pride and tradition. Other ambitious brewers, meanwhile, are just as eager to buck tradition altogether.