The World Health Organization has watered down its language on alcohol in a new United Nations health agreement, following months of heavy lobbying by the global drinks industry, delivering a much needed win for the global drinks industry. Read More
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Two months after Beijing moved to soften its alcohol ban, some merchants report a faint sales uptick in August. But for most, the question remains: has business truly bounced back—or are deeper troubles still dragging the market down?
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Sparkling wine emerged as a bright spot in China, but according to IWSR, the market will face continued pressure. Between 2024 and 2029, the overall Total Beverage Alcohol (TBA) category is expected to contract at a -1% CAGR, while wine is projected to decline -3% annually. Read More
What are Shanghai’s top-selling wines? We dug into sales data from Waima—Meituan’s alcohol delivery arm—to find out what the city’s drinkers are really reaching for. The results might surprise you. Read More
China's delivery giant Meituan, which entered the annual June 18 shopping festival, or 618 festival, for the first time this year, saw total transaction volume on its platform double in the first 24 hours after the campaign launch on May 28. Read More
Wine is expected to be the only major alcohol category to shrink in volume over the next decade, even as the global beverage alcohol market adds US$34 billion in value, according to new forecasts from IWSR. Read More
But unlike the 2012 “Eight-Point Regulation” that once gutted the sector, industry veterans say this round of restrictions is unlikely to leave lasting scars. Read More
Thailand, Southeast Asia’s second-largest economy, is considering lifting its long-standing daytime alcohol sales ban in a bid to stimulate tourism and boost beverage industry revenue. Read More
South Korea’s spirits market has experienced substantial growth in recent years, supported by rising imports of whiskey, brandy, and liqueurs. Read More
Shares of major alcohol companies fell after U.S. Surgeon General Vivek Murthy linked alcohol consumption to cancer risks and called for warning labels on alcoholic beverages. Read More