Global Spirits Volume Soars: A 5% Rise in 2022
The global spirits industry experienced a 5% increase in volume in 2022, with whisky and rum leading the charge, according to data from IWSR Drinks Market Analysis. The Rise and Fall of Different Spirits While the premium-plus whisky segment is projected to increase by 4% in volume, the overall spirits sector saw a 2% decline […]
What’s the perfect pace for drinking? ‘Smart drinkers’ say it’s 2 beverages an hour
Half of Americans consider themselves “smart drinkers” (52%). What exactly does that mean? A survey of 2,000 people over 21 reveals what exactly makes someone a “smart drinker.” Results show that 65 percent of those who drink alcohol claim they’ve mastered knowing what and how much to drink. How do you drink ‘smart’? The survey finds […]
Global malt whisky market predicted to reach US$6.7 billion by 2031
Data collated by Allied Market Research pegged the malt whisky market value at US$4.3bn in 2021, with a 4.7% compound annual growth rate (CAGR) forecast for the next 10 years. The challenges the pandemic posed to the industry are reflected in the data, which shows that the off-trade constituted more than three quarters of the […]
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