When it comes to the super-premium wine and spirits markets, demand for these products have remained intact throughout the year. However, with inflation impacting consumers’ pocketbooks what does that mean for super-premium wine and spirits going forward?
From expanding gifting beyond the traditional holiday season to the resurgence of in-person work events, a new, Drizly report highlights how professionals are approaching beverage alcohol in the workplace.
As consumers seek their personalized idea of functional and fortified solutions, a growing focus is being placed on balancing beauty with digestive support, as well as immunity with sports performance, experts note.
Research suggests that consumers are more eager to participate in Dry January than Sober October. With an increasing number of non-alcohol offerings, brands and retailers will need to analyze their strategies as this peak season approaches.
At the end of last year the global autonomous last-mile delivery market was expected to reach a total value of nearly $13 billion. By 2030, that number is expected to increase more than seven-fold to $90.21 billion, according to a report titled “2022 Autonomous Last Mile Delivery Market,” published by Allied Market Research.
The inventory issue always has and continues to be a complex and costly subject for beverage producers and distributors. Today, there are more brands, categories, packages and economic factors that must be considered in the inventory level setting process.