What Wines Will We Be Drinking In 2023?

Non-alcoholic Wines, canned wines, digital drinking, green drinking and clean wines are what we are expecting to drink in 2023.

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What Can You Expect from Wine in 2023?

The wine industry, economic pain has already hit. Several industry sources report slowing sales in the final quarter of 2022, and many industry analysts expect the first six months of 2023 to be worse.

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The wine and spirits industry is increasingly embracing sustainability and ESG requirements.

SevenFiftyDaily

New ESG regulations are set to impact every winery, with ESG scores potentially influencing large retailers' stocking decisions and a winery's ability to secure bank loans.

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Alcohol Trends 2023: Key Factors Shaping the Industry this Year

Spirit brands are developing more accessible beverages that expose consumers to new cocktails for an exciting experience. For instance, some brands are developing a well-balanced product that is ready to drink, which showcases something unique and exciting while remaining approachable to a wider audience of customers.

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Fine wine buying trends in Asia

Red wines continue to dominate the Asian market, although there have also been indications of diversification. A total of 60 different regions' wines have been traded throughout Asia. Showing a trend that Champagne, Bordeaux, and Burgundy were the three excellent wines most frequently traded last year.

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Singapore emerges as a gateway market for premium wine

Singapore has emerged as one of the brighter spots in the premium wine universe. Singapore is an expat-led wine market, where import costs and high tax make wine an expensive commodity. However, there is evidence from Wine Intelligence’s latest consumer research of a maturing market, with consumer involvement and spend up and a broadening base of wine drinkers.

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5 Stats Behind the Gen Z Drink Trend That’s Not Going Away

ripples

You already know that Gen Z is drinking less alcohol than previous generations. But what are the key factors driving this trend? How long is it expected to last? Which non-alcoholic drink categories are leading in sales? And what are some innovative ways that businesses and brands can leverage buzz-free drinks to cater to Gen Z’s sobering demands?

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Climate change: 'We're making wine in Norway'

BBC

Climate change: 'We're making wine in Norway'
Vineyards are growing their grapes at 61 degrees north of the equator - far outside the 30-50 degrees latitude traditionally considered optimum for wine production. But climate change is pushing vineyards further north and south towards the poles. Find out more below:

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Non-traditional luxury spirits

IWSR

The global beverage alcohol industry is witnessing a significant shift with the emergence of non-traditional luxury categories.

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Adapting to climate change: How Thailand’s tropical wines are teaching the old world new tricks

CNA

Thailand is highly vulnerable to climate change. Read more about how GranMonte utilizes the smart farming system to grow their grapes effectively, and how it’s relative success is turning the heads of producers in other parts of the world.

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