Detailed Findings: • The global plant milk industry is projected to reach US $21 billion by 2026. • Oat milk, once dominant in specialty coffee shops, is facing backlash due to concerns over its nutritional value (high sugar, low protein, processed ingredients). • Consumer demand is shifting towards plant milks that offer sustainability, health benefits,…
Category: Premiumization
Insight of the Day: Companies from Coca-Cola to Anheuser-Busch are getting in on the canned cocktail market. Here’s why
Detailed Findings:The article explores the rapid growth of the canned cocktail segment within the ready-to-drink (RTD) spirits market. Major companies like Coca-Cola and Anheuser-Busch, among others, are investing in this space, driven by rising consumer demand for convenient, high-quality alcoholic beverages. The shift from malt-based drinks to spirits-based canned cocktails is highlighted, along with market…
Insight of the Day: 6 Beer Industry Trends to Watch in 2025
Detailed Findings: • The beer industry faces challenges: Slumping sales, competition from other alcoholic beverages, and health concerns are causing turbulence. • Breweries are adapting:  Focusing on core brands, approachable styles, and expanding beyond traditional beer offerings. • Sustainability is key:  Ingredient provenance and environmental concerns are increasingly important to consumers. • Flagship beers are crucial:  Breweries are prioritizing…
Innovation of the Day: Honey Nut Latte Menus
Detailed Findings:The Coffee Bean & Tea Leaf (CBTL) has launched a new range of lattes, including the Honey & Nut Latte, Honey & Nut Matcha Latte, and Spanish Latte, all made with Califia Farms Almond Milk and available hot or iced. Vice President of Coffee & Sourcing Jay Isais emphasized CBTL’s focus on quality, highlighting…
Insight of the Day: Bacardi report reveals shift towards premium experiences in 2025 cocktail trends
Detailed Findings:1. Premium Fans: • Consumer demand for premium experiences is driving innovation in hospitality, with luxury packages at concerts, sports bars, and events becoming the norm. • Example: The GREY GOOSE® Honey Deuce cocktail generated US$12.4 million in sales at the US Open.2. In-The-Know Imbibing: • A shift from spectacle to substance is occurring…
Insight of the Day: The specialty café trends to make the most of in 2025
Detailed Findings:1. Stories and Experiences of Coffee: • Customers increasingly value the story and experience behind their coffee. • Storytelling via menu boards, social media, and staff engagement will deepen connections. • Specialty coffee will focus on creating memorable experiences to justify premium pricing.2. Coffee Price Adjustments: • Rising operational costs will drive gradual price…
Insight of the Day: Wine trends for 2025
Detailed Findings (Organized by Trend):1. Continued Popularity of White Wine: White wine will continue to outpace red wine globally.2. Rise of “Neo-Prohibitionism”:  Growing anti-alcohol sentiment and health concerns are driving demand for no/low-alcohol wines.3. Decline of Cheap Bulk Wine:  The market for cheap, mass-produced wine is shrinking as younger consumers seek higher quality and transparency.4. Price Increases:  A €35…
Insight of the Day: Rum fever – How ‘complexity and diversity’ are creating consumer interest worldwide
Detailed Findings: • Rum’s Aspiration: Rum is seeking to move beyond its party image and gain recognition as a serious spirit. • Premiumization Trend:  The premium-plus rum segment is forecast to grow significantly in both volume and value between 2021 and 2026. • Global Rum Value:  IWSR estimated the total global rum value in 2023 at US$18.8 billion….
Insight of the Day: How is overproof rum playing to its strengths?
Detailed Findings • Niche but Significant Market: Overproof rum remains a specialized segment within the broader rum industry, favored by bartenders for classic and craft cocktails. • Product Innovation: Brands like Worthy Park Estate and Maison Ferrand are introducing premium overproof expressions with diverse flavor profiles to attract both traditional enthusiasts and adventurous drinkers. • Education and…
Insight of the Day: The Tequila Boom: How Premium And Craft Spirits Are Changing The Industry
Detailed Findings: • Explosive Growth: Tequila sales are surging, surpassing American whiskey and vodka in U.S. bars and restaurants. • Premiumization:  A major driver is the shift towards high-quality, premium, and super-premium tequilas. • Versatility: Tequila’s ability to be enjoyed neat, on the rocks, or in various cocktails appeals to a wide range of drinkers. • Terroir Influence: The…
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