17 June 2024
17 June 2024
Consumers are increasingly looking for alcohol-free options – and see it as important to their night out.
While the French are predicted to increase consumption faster than other countries, people in the US continue to drink the most sports-drinks per capita.
BlueTriton will own 57% of the combined company, while Primo Water will own the remaining 43% of shares.
The tax, applied to a range of luxury goods and non-essential items, is currently 65% and affects beer and strong liquor.
Its ‘global revenue growth’ team was formed last year to “drive” revenue opportunities for its brands.
MD James Le Grys will lead the implementation of the Alicante-based spirits group's growth plan.
The soccer star has put his name to a drinks range in partnership with White Claw brand owner Mark Anthony Brands, called Mas+.
“We need to be taken seriously and want to work in partnership with whoever’s in government” – SIBA CEO Andy Slee.
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GlobalData's latest report brings together multiple data sources to provide a comprehensive overview of the global wine sector, analyzing data from 104 countries. Per our analysis, Western Europe was identifed as the largest region, with a volume share of 51.9% in 2023, and the US recognized as the largest wine market. The increasing popularity of wine among young consumers will help the wine sector’s growth during 2023–28.
Per GlobalData, the wine market size was valued at $333.7 billion in 2023 and will achieve a CAGR of >6% during 2023-2028. The increasing popularity of wine among young consumers will drive market growth during the forecast period. In 2023, Western Europe garnered the highest wine market revenue with France, Italy, Germany, and the UK being the major contributors. The regional market growth can be attributed to the easing of inflation and wage growth that will help consumers’ spending on wine offerings.
Per GlobalData, the wine market size was valued at $333.7 billion in 2023 and will achieve a CAGR of >6% during 2023-2028. The increasing popularity of wine among young consumers will drive market growth during the forecast period. In 2023, Western Europe garnered the highest wine market revenue with France, Italy, Germany, and the UK being the major contributors. The regional market growth can be attributed to the easing of inflation and wage growth that will help consumers’ spending on wine offerings.
Per GlobalData, the wine market size was valued at $333.7 billion in 2023 and will achieve a CAGR of >6% during 2023-2028. The increasing popularity of wine among young consumers will drive market growth during the forecast period. In 2023, Western Europe garnered the highest wine market revenue with France, Italy, Germany, and the UK being the major contributors. The regional market growth can be attributed to the easing of inflation and wage growth that will help consumers’ spending on wine offerings.
Per GlobalData, the wine market size was valued at $333.7 billion in 2023 and will achieve a CAGR of >6% during 2023-2028. The increasing popularity of wine among young consumers will drive market growth during the forecast period. In 2023, Western Europe garnered the highest wine market revenue with France, Italy, Germany, and the UK being the major contributors. The regional market growth can be attributed to the easing of inflation and wage growth that will help consumers’ spending on wine offerings.
Per GlobalData, the wine market size was valued at $333.7 billion in 2023 and will achieve a CAGR of >6% during 2023-2028. The increasing popularity of wine among young consumers will drive market growth during the forecast period. In 2023, Western Europe garnered the highest wine market revenue with France, Italy, Germany, and the UK being the major contributors. The regional market growth can be attributed to the easing of inflation and wage growth that will help consumers’ spending on wine offerings.
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