The share of Americans who drink alcohol has fallen to the lowest level in nearly nine decades of polling, while wine is finding its strongest support among older consumers and women, according to a new Gallup survey. Read More
LoNo alcoholic beverage
Strong sales in Japan and India helped Suntory’s alcohol revenue return to growth, but weakening US demand, distributor destocking and rising supply-chain costs dealt a sharp blow to profits. Read More
In the multi-billion-dollar LoNo (low and no alcohol) beverage market, is China catching onto the trend? How is non-alcoholic wine performing in this vast market? We spoke with seven different wine importers across the country to find out. Read More