Category: Markets
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Global Wine Production Rises 3% in 2025 but Remains Below Average as Climate Pressures Intensify
Global wine production increased in 2025, offering a modest sign of recovery after last year’s historic collapse. According to initial estimates from the International Organisation of Vine and Wine (OIV), global output reached 232 million hectolitres, up 3 percent from 2024. Even so, production remains 7 percent below the five-year average as vineyards worldwide continue…
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Global Alcohol Volumes Expected to Fall Faster in 2025, New IWSR Forecast Shows
The global beverage alcohol industry is heading into a deeper downturn in 2025 than analysts expected earlier this year. According to the IWSR’s first-ever mid-year forecast update, total beverage alcohol volume is now projected to fall by 0.4 percent in 2025. This is double the decline forecasted in May. Beer Volumes Drive a Sharper Global…
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Molson Coors Writes Down $75 Million Bourbon Asset as Whiskey Market Weakens
Molson Coors Beverage Company, the parent of brands such as Coors Light and Miller Lite, announced an impairment of $75.3 million tied to its premium bourbon brand Blue Run Spirits. The impairment reflects a drop in the brand’s carrying value on the company’s balance sheet. Impairment Details and Financial Impact Molson Coors revealed that a…
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MGP Reports Steep Whiskey Sales Decline as Industry Faces Global and Domestic Headwinds
One of America’s largest whiskey producers has reported a major drop in quarterly sales, highlighting the mounting challenges facing the U.S. bourbon and whiskey industry. MGP’s Third-Quarter Results Reveal Sharp Decline Indiana-based MGP, a leading producer of bourbon and rye whiskey, announced a 19 percent decline in consolidated sales to $130.9 million in the third…
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Industry Insights: Key Themes and Takeaways from the Beer Marketers Insights Seminar
Source: RBC Capital Markets Although we did not attend this year’s Beer Marketers Insights Seminar, RBC’s coverage of the event provides valuable perspective on the current state of the U.S. beer industry. The discussion featured leaders from top beverage companies, including Bill Newlands (Constellation Brands), Brian Feiro (Molson Coors), Laura Merritt (Diageo Beer), and Clement…
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Beverage Industry Sees Decline in Alcohol Sales as October Trends Weaken
Source: TD Cowen The latest TD Cowen Beverage Tracker shows worsening trends across key alcohol categories in October. Total beverage sales fell 0.9% in the last four weeks and rose just 0.3% over the past 12 weeks, compared to 1.2% growth across the past year. Energy Drinks Hold Strong, But Growth Slows Energy drinks continued…
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Wine Industry Leaders Embrace Collaboration to Overcome Market Challenges
Source: The Drinks Business At the recent DB Conference, leaders from across the global wine trade gathered to discuss how wine industry collaboration and communication can strengthen the industry during challenging times. Their message was clear: working together within a connected business ecosystem can help suppliers and producers weather financial pressures and find new opportunities…
