Tag Archive: Impact Databank
Impact Databank: Spurred By Off-Premise Surge, U.S. Wine Market Rises By An Estimated 2% In 2020
The full effect of the Covid-19 pandemic on the off-premise wine sector in 2020 can now be fully ascertained, as total case volumes in IRI channels for the 52 weeks ending December 27 accelerated to a double-digit gain of 10.1%, while retail dollars rose even more, by 14%. Continue reading →
Posted in News on January 12, 2021Sparkling Wine Poised For Much-Needed Boost From Holiday Spending
Facing fierce competition from spirits, seltzer and a struggling on-premise environment, the U.S. wine market is projected to advance at a modest pace this year, after being severely impacted by the Covid-19 pandemic. Continue reading →
Posted in News on December 28, 2020Impact Databank: U.S. Spirits Market Slows Overall, But Premium Brands Thrive
Distilled spirits are on pace to outperform the beer and wine categories for the ninth consecutive year in 2020, although momentum is expected to keep decelerating, according to The U.S. Spirits Market: Shanken’s Impact Databank Review & Forecast, 2020 Edition. Continue reading →
Posted in News on October 7, 2020U.S. Wine Market Projected To Eke Out Volume Growth This Year, As Consumers Stock Up
Wine consumption in the U.S. market initially had been expected to decline this year for the first time since 1993, but the stocking-up due to Covid-19 will be just enough to propel the market to yet another gain by year-end, albeit at a sluggish 0.2% rate, according to the recently-released 2020 edition of The U.S. Wine Market: Impact Databank Review & Forecast. Continue reading →
Posted in News on July 13, 2020U.S. Market’s Top 25 Spirits Brands Gain Share, Led By Tito’s Surge
The leading players outpaced the overall spirits category in the U.S. market last year, with momentum driven by the ongoing expansion of Tito’s vodka as well as solid growth from a variety of other key brands. Continue reading →
Posted in News on January 2, 2020Exclusive: Premium Spirits To Drive Industry Growth Through 2025
The U.S. distilled spirits category is poised to expand once again this year, with an expected 2% gain bringing total volume to yet another all-time high of 236 million 9-liter cases, according to The U.S. Spirits Market: Shanken’s Impact Databank Review & Forecast, 2019 Edition. Continue reading →
Posted in News on December 17, 2019