IWSR

IWSR: Global beverage alcohol market set for moderate recovery in 2025 after lackluster 2023 and challenging 2024

For the first time in nearly 30 years, IWSR recorded a decline (-2% in 2023) in the volume of spirits sold in the key U.S. market. Meanwhile, global total beverage alcohol (TBA) declined -1% by volume and rose +2% by value (US$, variable exchange rate) in 2023. Excluding national spirits such as baijiu and shochu, global volumes […]

IWSR: U.S. consumers purchasing alcohol at higher rates to drink at home

Despite recent government directives to stay-at-home, U.S. beverage alcohol sales are buoyant as a result of shifts to retail, which includes e-commerce delivery and click-and-pick options, reports IWSR. The recent growth rate in alcohol purchases has been increasing at a much higher pace than overall 2019 growth, which underscores the scale of the current consumer […]

The IWSR announces plans to launch a Risk Assessment Model for the Coronavirus

IWSR Drinks Market Analysis has revealed plans to launch the IWSR Coronavirus Risk Assessment Model (CRAM). Available from Q2 2020, and updated quarterly, the IWSR Coronavirus Risk Assessment Model will quantify the virus’ impact to the global beverage alcohol market, including scenario forecasts for the short, medium, and long-term. IWSR will leverage its footprint of […]

IWSR: Wine consumption in U.S. declines for first time in 25 years; Tito’s upsets Smirnoff as #1 distilled spirit

For the first time in 25 years, total wine consumption in the U.S. decreased in 2019, posting a -0.9% volume loss versus 2018, according to preliminary figures released by IWSR Drinks Market Analysis. For the fourth year in a row, beer volume in the U.S. was down (-2.3%), as was cider (-3.8%). However, distilled spirits […]

IWSR Trends Forum highlights importance of travel retail for global alcohol industry

IWSR highlighted the importance of travel retail for the global alcohol industry during a Trends Forum at the TFWA World Exhibition in Cannes. The Forum featured a Global Trends presentation and a panel discussion on future growth opportunities for wine and spirits in the duty free and travel retail channel, chaired by Doug Newhouse with panelists Nodjame […]