Ultra premium, creativity, local resources, health: current trends in the drinks market, explained by Verallia Each year, Verallia, the 3rd largest manufacturer in the glass packaging sector, deciphers market trends in a move to provide optimum support to its customers. This year, the trends report takes the form of an all-encompassing study focusing on the world of wine and spirits. In collaboration with Carlin Creative, Verallia presents a comprehensive view of the market, aligned with consumer behaviors. The outcome? Four pivotal drivers that shape enduring trends within the wine and spirits industry. Each of these trends caters to precise consumer expectations that are destined to stand the test of time. Read more https://us.verallia.com/s/  I  LinkedIn   I  Our Catalog  

US Wine Industry Enters Negative Growth Phase; Adoption by New and Younger Consumers Is Lagging  NAPA, Calif. – January 18, 2023 –Silicon Valley Bank, the bank of the world’s most innovative companies and the US premium wine industry, today released its 2023 State of the US Wine Industry Report. The 22nd edition of the annual report provides an assessment of the industry amid current market conditions and shares a unique forecast for the year ahead based on proprietary research and economic and behavioral trends among consumers. While the premium side of the wine industry experienced another strong year amidst an increasingly challenging marketplace – with revenue on average up 9.7 percent through September 2022 – the US wine industry as a whole experienced negative sales volume growth due to a decrease in sales of lower-priced wine. Silicon Valley Bank will host a live webinar with Silicon Valley Bank Wine Division founder and author of the

The Annual SVB Wine Industry Survey closes this Saturday. We are still about 30% short of the responses we need to to provide statistically significant results, so PLEASE participate in the next few days. SVB provides all the work for free, but we have to have good participation to have useful results.  Here is a link to the questions and here is a link to the survey. We've created a Sentiment Index and have run with the idea in our State of the Industry Report for the last 6 years, gaining some interesting insights along the way. The headline slide is an early read of how the industry participants feel presently, as well as an indicator of the relative impact of pain points and success factors.   The Net Sentiment Index as it stands today is -15.78 compared to -2.08 last year. The maximum low is negative 100 and the maximum high is positive 100. The calculation employs the Michigan Consumer Sentiment methodology and subtracts negative responses from positive