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Beer, Wine, and Spirits Trends | Gary Schneidkraut Insights

Written by Gary Schneidkraut | Jun 30, 2023 8:56:00 AM

Listen in as Gary Schneidkraut, VP of Business Development for Wine and Spirits shares three key trends in the beer, wine, and spirits industry. The top trends include:

Premiumization - The popularity of home bars has surged, especially after COVID-19, as people opt to drink at home due to the cost savings compared to dining out.

Low-Alcohol Spirits - Consumers are reducing their alcohol intake by splitting their cocktails with no- or low-alcohol options.

Ready-to-Drink (RTD) Beverages - These convenient options are gaining traction for their portability and variety, offering new flavors and trends that can easily be enjoyed in various settings, like the beach.