The U.S. wine market is facing challenges as shifting consumption habits and changing consumer preferences impact sales. With younger legal drinking age (LDA) consumers favoring alternative beverage alcohol options like RTD spirits and FMBs, the wine market is experiencing a 2-3% decrease in volume....
Craft Beer Revival: Urban Chestnut Brewing Company Resurrects O’Fallon Brewery Brand
In a strategic move within the craft brewing industry, Urban Chestnut Brewing Company has acquired the brand rights to the O’Fallon Brewery beer portfolio, which ceased operations last year after 24 years of brewing...
Unlocking the Power of Sound: Sting Energy Partners with Formula 1
In a groundbreaking move, Sting Energy, an energy drink under PepsiCo, Purchase, N.Y., has officially stepped into the world of Formula 1 as its Official Energy Drink Partner. This partnership, born out of authentic...
Craft Beer Growth Surges: Anheuser-Busch InBev's Craft Portfolio Sees Strong Quarter
In the ever-evolving world of craft beer, Anheuser-Busch InBev has emerged as a major player with its craft portfolio showing impressive growth in the first quarter of 2025. With volume sales up by 11.8%,...
Title: Craft Brewery Production Trends: A Look at 2024 and Beyond
Introduction:
In 2024, the craft brewing industry saw a positive shift in production volume trends, with more than half of the Brewers Association's top 50 craft breweries recording year-over-year gains. This marks a promising development...
Title: The Digital Evolution of the Wine Industry: 5 Innovations Transforming the Market
Introduction:
The wine industry is facing numerous challenges, from declining consumption to impending tariffs. However, with the advent of new technologies, there is a unique opportunity for wine professionals to embrace digital disruption...
