The RTD segment is experiencing notable growth, making up US$10.3 billion of the global alcoholic beverages market?
According to figures from Ofcom, only a quarter of adults (26%) consume news in print, with this figure declining year-on-year, and the majority of Generation A and Z get their news content from social media (63%) and online (83%).
FRESNO COUNTY, Calif. -- Changing consumer tastes are having a dramatic impact on the wine industry.
This is a difficult time for wine grape growers in California's Central Valley and around the state.
PORTLAND Ore. (KPTV) - It is peak harvest season for vineyards in the Willamette Valley but the wine industry is facing many challenges this year, including wine sales being down across the board. Now, some wineries are making adjustments.
After over two decades of steadily increasing spend levels, consumers in key alcohol consumption markets accelerated their more expensive tastes during Covid, motivated by additional unspent income and restrictions on travel and other leisure activities.
Consumer pocketbooks are stretched thin thanks to inflation. Nonetheless, many adult beverage devotees remain bullish on higher-priced options-ones infused with premium, craft, organic and even functional ingredients.
Tokyo, Aug. 19 (Jiji Press)--Major Japanese breweries are rushing to develop rain- and heat-resistant varieties and novel cultivation techniques for barley and hops, the main ingredients of beer.
Claudia Schubert, president and chief operating officer at Diageo North America, has left her role after 22 years with the business.
Schubert will leave the company in September 2024, when she will transition to corporate board service and advisory work.
China is thought to announce preliminary tariffs on brandy imported from the EU in August following the European Commission's decision last week to slap duties on Chinese electric cars from July.
High Chinese tariffs on EU brandy would leave French companies with vast amounts of cognac that could be hard to sell elsewhere, according to Reuters' calculations, analysts, and investors who fear firms could be forced to discount.