Online wine sales are expected to grow by nearly 12% each year over the next four years, as e-commerce platforms continue to gain share of retail sales.
Europe’s rum consumption fell by 1.5 million litres between 2009 and 2014 driven almost singlehandedly by the Spanish market, according to Rabobank’s Q4 spirits report.
The wine industry has been urged to “assess the threat” posed by the recent growth of the cider category in global markets by Rabobank in its Wine Quarterly report.
Cognac could soon enjoy a long-awaited boost thanks to an improving picture in China and strength of emerging markets, Rabobank’s Q3 spirits report predicts.
The Japanese wine market has “come of age” after a 20 year hiatus caused by the Asian financial crisis in the late 90s, according to Rabobank.
An untapped gap in the US market for premium brandy could be worth nearly $1 billion, if producers are able to capitalise on its potential, according to Rabobank.
A younger, wine savvy generation is driving an upmarket shift in wine consumption, but many producers are struggling to reach them, claims a new report.
With emerging markets such as Russia and China facing disruption, Rabobank has highlighted a shift in exporters’ focus towards the US.
Millennials are driving premiumisation in the wine trade, but producers are struggling to take advantage of increased demand, according to Rabobank.
Wine grape production is set to decline across nearly every major wine producing region in the world in 2014, according to analysts at Rabobank.
© 2015 Union Press Ltd | Unit 122, 30 Great Guildford Street, London SE1 0HS, UK | Registered in England and Wales No. 03606414 | Tel: +44 (0)20 7803 2420