8 key trends shaping beverage industry in 2022
IWSR Drinks Market Analysis has underlined eight key trends shaping the global alcoholic industry in 2022.
Tag: IWSR
IWSR: global alcohol beverage e-commerce to reach US$42b by 2025
The latest research by IWSR shows alcohol ecommerce across global key markets continued to grow with new app-driven business models during the pandemic. In fact, global alcohol beverage ecommerce is projected to grow 66% to US$42 billion over the 2020-2025 period.
IWSR acquires Wine Intelligence
IWSR Drinks Market Analysis, the leading authority on the worldwide beverage alcohol industry, has acquired the London-based Wine Intelligence, the top global experts on wine consumer research and insights.
IWSR: US to overtake China as world’s biggest online drinks market by 2021
With China’s slower-than-expected growth rate, the US is expected to surpass China to become the world’s biggest online drinks market by the end of 2021, according to IWSR.
IWSR CEO: China still sets to become second biggest wine market
The “real brights spots” driving China’s wine market growth pre-Covid will return once the market normalizes, says IWSR CEO.
IWSR: global drinks industry not expected to rebound until 2024
A new IWSR report predicts that it will take five years for the global drinks industry to rebound to pre-crisis level because of the ongoing coronavirus pandemic.
IWSR: E-commerce for beverage sales will ‘significantly outpace’ traditional trade
E-commerce will significantly surpass sales of global travel retail over the next five years, according to a new report byContinue Reading
Global alcohol consumption drops by 1.6% in 2018
Global alcohol consumption declined by 1.6% to 27.6 billion nine-litre cases of alcohol in 2018, according to IWSR, but itContinue Reading
IWSR: Premium wine sales in Hong Kong exceed 50%
Premium wine sales in Hong Kong account for more than 50% of total wine sales, making it a global powerhouse for premium wine market, according to IWSR.