Rising prices and a slight dip in guest traffic have contributed to falling spirits sales in the on-premise channel over the last year, according to a new report from market research firm NIQ’s on-premise data arm CGA.
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.
Milk punch cocktails have made a resurgence at upscale cocktail bars lately, but recreating the milk-wash technique at scale for a ready-to-drink product is no easy task.
Ready-to-drink cocktail Dirty Shirley is moving into several new states and has launched two new flavors, the company announced today, setting the stage for the brand to move a budding cocktail call into the canned world.
American whiskey producers are swept up in a trade dispute that could result in the return of pricey Trump-era tariffs on their exports to Europe.
In this latest roundup of distribution news, we check in with fast-expanding Costa Tequila, plus Brody’s Craft Cocktails, limoncello brand Fabrizia and single malt specialist Brother Justus.
Mexican spirits company Casa Lumbre is shifting gears into the non-alc category with one of global sports’ biggest names.
As we approach the holiday season, consumers may be pulling back on their alcohol spending.
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.
Convenience stores represent the next big opportunity for ready-to-drink cocktails, according to a new report from NIQ.
As predicted during its last earnings call in August, Pernod Ricard reported a -2% decline in organic sales in the first quarter of FY 2024, with dips in the U.S. and China bringing down overall performance.
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.
Thanks to the work of a modern wave of trailblazing distilleries, moonshine has come a long way since the days when the homemade liquor was distilled in secret. Turning it into a decadent sweet boozy treat hasn’t hurt things, either.
Not many companies are challenging the country’s top-selling spirit brand, but Splash Beverage Group is aiming to do just that with its most recent acquisition.
