What’s Up in the Wide World of Wine?
With younger generations seeking experiences and unique alcoholic beverages, what’s going on in the wide world of wine?
Tag: Wine
Economy Inspiring Big Changes Among Wine Brands
Recent financially driven decisions by major wine producer E&J Gallo underscore key changes impacting its industry. In the changing U.S. wine industry, it appears “less” may be “more.”
FI Fast Break audio news: Nov. 30, 2022
The latest Food Institute news podcast touches on trends to watch for 2023, including … pickle slushies?!
Amid Labor Shortage, Michigan Allows Self-Service Alcohol Taps
After more than a decade of rapid growth, Starbucks is retrenching and closing several U.S. outlets due to security concerns.
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 …
Alcohol Outlook: Gen Z Pregaming and Exploring New Flavors
City National Bank’ Steve Ramirez and RBC Capital Markets’ Nik Modi discuss the alcohol outlook for beer, wine, and spirits.
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 …
3 Key Takeaways from New York’s Recent Wine Industry Events
In a strong sign that the COVID pandemic is (finally) on its wane, two important wine events, Vinexpo and La Paulee, took place in New York City recently, after a nearly 2-year hiatus. Judging by …
Inflation, Supply Chain Creating Rare Challenges in Champagne World
To say that the champagne world is a bit “off-kilter” these days would be a significant understatement. The Financial Times reported in late December that retail champagne prices (especially vintage champagne) had increased 30% in …
Economist: Higher Costs Expected for Super Bowl Parties
What will the cost of your Super Bowl spread be this year? About 8% to 14% more than 2021, according to Wells Fargo’s inaugural Super Bowl Food Report— a light-hearted look at food and beverage …
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 …
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 …
Examining the Wine Industry’s Post-Pandemic Challenges
Editor’s note: Juan Ruiz is a finance and investment professional with over 30 years’ experience collecting and reviewing wines. He’s a graduate of New York’s Institute of Culinary Education’s Intensive Sommelier Program and a certified …
Outlook Bright for Non-Alcoholic Beverage Market
The mindful drinking movement has been gaining traction for several years, with “sober curious” consumers opting for no- or low- alternatives to reduce their alcohol intake. Throughout the pandemic, demand for non-alcoholic beers, wines, and spirits increased, with consumers drinking most frequently while relaxing at …
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 …
California Wildfires Ruin Wine, Grapes
California wildfires mean Napa area wine producers are losing stored wine and warehouses, reported The New York Times (Oct. 5). Damage to vineyards has been less severe in the fires in the last weekend of …
Brewing Companies Move into Other Categories
Food Institute Focus – Brewing Companies Move into Other Categories