Just Drinks

Daily Newsletter

14 November 2023

Daily Newsletter

Ste. Michelle Wine Estates discontinues Tenet Wines

Tenet Wines is a collaboration between winemakers in Washington State and the Rhône Valley.

Trade association the Distilled Spirits Council of the United States (DISCUS) is the largest advocate and lobbying group for the US spirits industry, with members ranging from small local distillers to global operators.

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Flavored alcoholic beverages forecasted to register the fastest growth within the alcoholic beverages packaging industry

The global alcoholic beverages packaging industry has grown to 445.4 billion units in 2022, with volumes forecasted to grow at a CAGR of ~2% by 2027. The Asia-Pacific represented the largest region in 2022, followed by the Americas. Glass was the most used pack material globally, followed by rigid metal and rigid plastics. Volume-wise, the industry was led by the beer & cider sector in 2022, while the flavored alcoholic beverages sector is forecast to register the fastest growth at a CAGR of 6.1% during 2022–27, followed by spirits and wine.