This is just the beginning of a deeper evolution—one driven not just by new competition but by new business and partnership models.

In Future Market Insights’ report Premium Alcoholic Beverages Market Outlook (2022-2032), the category is expected to grow at a compound annual growth rate (CAGR) of 9.3% by 2032.

Domestic sales increase 8% while Russia replaces UK as second largest market for Irish whiskey last year.

The owner of Smirnoff vodka and Guinness beer said Thursday it hasn’t yet seen any signs that drinkers are trading down to cheaper brands, indicating that while consumers are pulling back in some areas they are still willing to pay for high-end alcohol.

Since 2013, the number of distilleries on the island of Ireland has grown from four to 42.

There are four key takeaways: 1. There’s an increase of unlicensed third-party platforms, 2. The lines between manufacturers, retailers, and wholesalers (the three tiers) are blurring...

E.&J. Gallo Winery has become the national distributor for Horse Soldier Bourbon, crafted in Kentucky by retired Green Berets and their partners.

A 2020 study from the market research company MRI-Simmons shows more than a third of whiskey drinkers are now women.

Last September, one before even a drop of Wisher Vodka was sold in liquor stores or served at bars and restaurants, it became the first spirit launched in the Metaverse.

To be labelled as a US-made single malt, TTB proposes that the liquid must be distilled entirely at one American distillery, and must be mashed, distilled, and aged in the States. It must also be made of 100% malted barley, stored in an oak barrel of 700 litres or under, and be bottled at 40% ABV or higher.