Category: International
Barcelona Wine Week beats its own record and will bring together 800 wineries and 70 quality seals
More wineries and quality seals, more business opportunities and today’s leading experts will feature in Barcelona Wine Week 2023.
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No- and low-alcohol category value surpasses $11bn in 2022
Driven by increasing consumer demand, no- and low-alcohol wine grew by more than seven per cent in volume across 10 key global markets in 2022, according to a comprehensive new study published by IWSR Drinks Market Analysis, the global leader in alcohol data and analysis.
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World’s leading wine technology on display as SIMEI 2022 begins
After a break of three years caused by pandemic disruptions, the latest edition of what’s billed as the world’s leading event to showcase new wine technology has kicked off in Milan, Italy.
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IWCA setting the agenda for wine industry decarbonisation globally
Founded by Familia Torres, Spain, and Jackson Family Wines, California, in 2019, International Wineries for Climate Action (IWCA) has grown from 10 wineries to 37 in just three years and demontrates that the group provides a benchmark for a science-based approach to reducing carbon emissions across the wine industry.
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SIMEI conference kicks off in Milan
A healthy sector, with a high propensity to export and able to deal with the difficult economic situation. This is the picture of the wine and bottling machinery sector, an example of an Italian sector that is worth about 3.1 billion euros per year, including almost 70% in exports, and that this week is the star at Fiera Milano for SIMEI, the international exhibition organised by the Unione italiana vini (Uiv).
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Severe drought and extreme heat pose a new threat to wine production
In 2022, despite the heat wave that touched many regions of the world, global wine production volume is expected to be at a level similar to the one observed last year.
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Ukraine becomes the 49th OIV Member State
The 30th of October 2022 will mark the return of Ukraine to the International Organisation of Vine and Wine, raising the number of Member States to 49.
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Still wine needs to look to the success of sparkling wine in Norway
COVID border restrictions in Norway triggered a surge in domestic wine sales as drinkers were unable to access the border shops in neighbouring Sweden or travel retail outlets and had to source their wine domestically. Monopoly sales of still wine increased by more than 40 per cent between 2020 and 2021. Already in 2022, as footfall to the border increases, sales in Vinmonopolet are correcting themselves, but the still wine category will likely hold onto some volume.
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SIMEI 2022: Winners of the “Lucio Mastroberardino” Innovation Challenge announced
Material recovery, reduced consumption and energy saving, but also versatility, traceability and process optimisation. This is the recipe for the future of the beverage sector by SIMEI, the world’s leading international exhibition of wine-making and bottling machinery organised by the Unione Italiana Vini (15-18 November, Fiera Milano – Rho).
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TWE announces completion of Château Lanessan acquisition
Treasury Wine Estates Ltd (TWE) confirmed the completion of its majority acquisition of Château Lanessan, one of the oldest estates in Bordeaux, France.
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On-premise consumption resurgence to propel Japan wine market to $10.2 billion in 2026
Even as the COVID-19-induced cocooning behaviour and fiscal prudence continue to spur at-home consumption of wine in Japan, on-premise demand for wine is witnessing a rebound as foodservice and tourism venues resume normal operations, and more cultural and sports events, weddings, and parties are organised.
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Success of ProWine Singapore 2022 demonstrates strong demand in SE Asia’s growing wines business
ProWine Singapore 2022, Southeast Asia’s first post-pandemic in-person dedicated trade fair for the wine and spirits sector, saw tremendous success, bringing together 230 high-quality exhibitors from 27 countries and regions to meet with 8,500 visitors from around the world. This represents a close to 20% increase in visitors compared to the last edition held in […]
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The Champagne harvest: a splendid and promising vintage
The last grapes are picked, the pressing centres have delivered up their final musts, fermentation is under way, and the Champagne harvest that started on August 20 for the earliest-ripening crus is now complete.
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The world of wine and beverage technology meets at Simei
More than 400 exhibitors, delegations from 36 foreign countries and about 25,000 trade visitors expected from all over the world.
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Economic tensions are high. What does this mean for premium beverage alcohol in the US?
Alcohol consumption in the US has been relatively stable over the past 40 years despite economic ups and downs in the country; total beverage alcohol consumption in the US shows a +0.51% volume CAGR, 1980-2020. As we enter a new period of economic instability, what will this mean specifically for premium-and-above alcohol in the US? […]
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Premium alcoholic beverages market is set to top a valuation of US$1.7 trillion
The global premium alcoholic Beverages market is set to grow at a CAGR of 9.3% and top a valuation of US$1.7 Trillion by 2032. Rising consumption of premium alcoholic beverage due to their optimal quality and introduction of novel premium alcoholic beverages brands worldwide are some of the factors providing impetus to the growth of the market.
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