Tag: alcohol

FI Fast Break audio news: July 20, 2022

This week, in The Food Institute’s quick-hitting, audio news podcast, we update worsening drought conditions in the U.S. and Europe. The Food Institute Podcast · FI Fast Break News – July 20, 2022 The FI …

Canned Cocktails Seen Growing on Convenience, Health Halo

Coca-Cola is teaming up with Jack Daniel’s distiller Brown-Forman to make a Jack-and-Coke cocktail in a can. The mashup is the latest development in the rapidly growing canned cocktail segment. In fact, the ready-to-drink cocktail …

A Closer Look at Alcoholic Beverage Trends

Steve Ramirez is a Vice President and Relationship Manager with City National Bank’s food and beverage group. Based in Los Angeles, he provides cash flow, asset-based lending, real estate and equipment financing expertise to family …

A Clear-Headed Look at the ‘Sober Curious’ Movement

The term “sober curious” has become part of the national lexicon in recent months. What is it, exactly? “Sober curious” is a social wellness movement that involves self-selecting out of alcohol consumption at times, without …

FI Small Bites: Top Drink Trends of 2022

With a new year comes new insights into consumers’ habits, and that’s especially true for the beverage industry. Check out the Food Institute’s latest Small Bites video, where we go over the top anticipated drink …

What would a Monster-Constellation Merger Mean?

Energy drink-maker Monster Beverage Corp and Constellation Brands Inc., which brews Corona beer, are reportedly in talks for a possible merger. What would a Monster-Constellation mash-up mean? Jameson Sharp, investment group partner and analyst with …

Barbecue Is a Smokin’ Hot Global Taste Trend

Barbecue is red-hot worldwide, according to new research from Irish food company Kerry. “It’s clear that people and cultures intersect on the general topic of open-fire cooking,” said Soumya Nair, Kerry’s global director of consumer …

The Rising Influence of Professional Wine Ratings

Editor’s note: Part 3 of a three-part series analyzing the current state of the wine industry. With the strong increase in online wine sales in recent years has come an equally significant increase in the …

Supply Chain Inspiring Rising Concerns in Wine World

Editor’s note: Part 2 of a three-part series analyzing the current state of the wine industry. The effects of supply chain disruptions in the global food industry are well-known and easy to identify: low inventories, …

What’s Driving Retail Alcohol Sales?

Retail alcohol sales are significantly higher than 2019 levels. According to a report recently published by Columbia University’s Mailman School of Public Health, during the worst months of the COVID pandemic (March-September 2020), U.S. alcohol …

Survey: Gen Z Drawn to Cannabis Products  

A new survey signals that marijuana is competing with alcohol for Gen Z’s dollars. Technomic’s recent Adult Beverage Planning Program report shows that, in states where recreational cannabis is legal, nearly two-thirds (65%) of Gen …

Whole Foods Unveils Top 10 Food Trends for 2022

Whole Foods Market’s Trends Council unveiled its seventh annual top 10 anticipated food trends for 2022. “Last year, we saw tremendous pandemic-related shifts in grocery buying habits as the world adjusted to spending more time …

GUEST COLUMN: 5 Predictions for the Wine World

What will the post-pandemic future hold for wine retailers? The global wine sector is large and highly fragmented, so it’ll take some time to fully measure and understand COVID’s impact on the segment. For wine …

FI Fast Break audio news: Aug. 11, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine how consumers are stocking their pantries due to the Delta variant, the restaurant industry’s recovery, and more. The Food Institute Podcast · FI …

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FI Fast Break audio news: Aug. 4, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine Kroger’s unique new ghost kitchen setup, how restaurants are addressing wage “compression,” and the dwindling American beer market. The Food Institute Podcast · …

Hard Seltzer Market Could Be Softening  

The hard seltzer market may be falling on hard times. While it may not seem that long ago that beverages like Truly Hard Seltzer were a highlight of many summer get-togethers, the popularity of the …

DTC Delivery, New Flavors Key to Alcohol Growth

The pandemic, revision of direct-to-consumer delivery laws, and development of new flavors helped lift U.S. distilled spirits consumption in 2020, but it was unclear whether the trend would hold. IWSR reported consumption was up 2% …

Spurred by Innovation, Beverage Market Making Waves in 2021

U.S. beverage demand is forecast to increase 2.9% yearly in nominal terms through 2025, as income rises and the population grows, according to Beverages: United States, a report by Freedonia Focus Reports. Here’s a look at which …

Alcohol Industry Innovating Like Never Before

With Memorial Day around the corner and signs of the pandemic easing, the alcoholic beverage industry is gearing up for summer and beyond. Here are some recent highlights and innovations from the sector. Champagne sales are popping Whether it’s for meeting up with friends and loved ones in person or …

Why is Hard Seltzer So Popular with Consumers?

Anheuser-Busch is boosting production of its latest hard seltzer offering after the beverage, developed alongside rapper Travis Scott, saw furious demand. The drink — called Cacti Agave Spiked Seltzer — launched earlier this week, reported CNBC …

Distillers Raise Their Glasses to At-Home Spirits Growth

With the pandemic keeping consumers away from restaurants, bars and other establishments, the growth in at-home alcohol consumption continues. When the pandemic began, Americans turned to convenient, familiar alcohol and bought name brand items in …