#Treasury Wine Estates
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Knights in Armor
Here’s another 12 you don’t need to rush out and drink, but it IS Sonoma, so… I mean–I always LOOK at Napa, but then give Sonoma a bit of an asterisk, never positioning vintages in overwhelming washes often possible with Napa. Pretty sure RP just lists a “North Coast” et al on their charts, though. Others may as well. And I’m pretty sure the least expensive of recent 2012 openings. This thing…
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#2012#Beringer#Beringer wine estates#Best wine reviews#Cabernet Sauvignon#Knights Valley#soif#Soif Wine Blog#Sonoma Cab#Sonoma Valley#Stephen McConnell#Stephen McConnell Wine Blog#Steve McConnell Wine Blog#Treasury Wine Estates#wine1percent
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Conheça o vinho do Snoop Dogg que chega pela Santa Rita Estates
A marca conhecida por produzir, distribuir e comercializar produtos na América do Sul, se uniu a vinícola Treasury Wine Estates
A marca conhecida por produzir, distribuir e comercializar produtos na América do Sul, se uniu a vinícola Treasury Wine Estates O vinho licenciado pelo rapper norte-americano Snoop Dogg, já marca presença nos Estados Unidos e na Austrália e agora chega no Brasil, através da Santa Rita, em duas versões: o Cali Red e o Cali Cab. O primeiro rótulo da marca é o Cali Red, um blend composto de…
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Beringer Vineyards, St. Helena (No. 2)
The estate was listed on the National Register of Historic Places in 2001. The property includes 12 buildings, sites, or structures, 10 of which are contributing. Rhine House is the most prominent, built from 1883 to 1884 and designed by Albert Schroepfer. The house has elaborate interiors, and was used to entertain visitors of the property. The house was built on the site of the Hudson House (built c. 1848–52), which was moved nearby in order in 1883 to build the larger and grander Rhine House. It has features of the Queen Anne and Chateauesque architectural styles, with attributes from its architect's own German heritage.
The Beringer family sold the Beringer name and winery to Nestlé in 1971, which in 1996 subsequently sold the enterprise to a group led by Texas Pacific Group; the company went public the next year. From 2000 to 2011 the winery was owned by Foster's Group. As of 2011, it is owned by Treasury Wine Estates.
Source: Wikipedia
#Beringer Vineyards#2000 Main Street#St Helena#travel#original photography#vacation#tourist attraction#cityscape#landmark#architecture#landscape#garden#Napa Valley#California#USA#summer 2023#nature#flora#tree#excellent wine#wine tasting#West Coast#Bay Area#Napa County#Rhine House by Albert Schroepfer#fountain#red wine#white wine#cheeseboard
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just some lazy Disney-style Aurora ⛈️⛈️⛈️
because i have an ache in my bones to play some bg3 again and also she's currently my fave tav
and a super-duper quick rundown of who tf she is and what the hell she's doing amid the Tadpole Havers™:
Aurora of the house Du Lac is a noble-born half-elf sorceress with a spark of thunderous wild magic about her, whose childhood palace stands tall above the sea on an island west of Neverwinter. Lighting, storms, hails and rains seem to breathe with her thoughts and emotions at all times; the household always knew she was sad whenever it rained viciously for hours and days. An embarrassing flaw such was - to be under the control of her own magic in the family of fabled sorcerers and wizards, incapable of casting a spell without causing the weather to sour. And so she grew aloof and withdrawn, her only friends and windows into the outside world were mere books full of adventure, drama, and love. Determined to control her magic she plunged herself into studies, eventually finding solace in the teachings of Lady Mystra, becoming her cleric armed and armored with thunder and gales. She fondly remembers her youth in the warmth of Mystra's guidance, back when she - a mere child - had yet no idea who her tutor truly was. Music and dance also helped calm her inner and outer storms and let the magic flow calmly like a morning drizzle. Until, that is, she was met with the harsh reality of being the eldest daughter of a noble house: marriage. Not by love but by choice. The choice made by anybody but her. To strengthen the magic within the bloodline, to fatten up the treasury, to enlarge the estate... She endured like a good daughter should for years, but every day the dark clouds outside her window brewed and bubbled with a hurricane about to erupt. She begged Mystra for help, begged her family, prayed to whoever would listen. But one night the storm broke loose, and while the winds howled and hail smashed the windows she ran wherever her feet would carry her and then - the darkness of an alien ship and a horrid headache. After the crash, she wandered the wilds alone and afraid until she came about a group of adventurers not far from the druids' grove. Among them was a familiar face, or uh... A snout. Pearl the friendly dragonborn healer, one who found salvation from the torment of her wild sorcery in the embrace of Lathander, a healer with a stern hand and a motherly gaze whom Aurora knew through some friends of friends and who became a much needed anchor in the world turned upside down. With time, she let the storm within her ebb and flow as it may, letting her magic be her guiding light, its willful destructive nature a boon amidst the dangers they faced every day. In that hum of the Weave, she found another voice - Gale of Waterdeep. Another toy used and discarded by Mystra, left to wallow in her silence. Another creature of magic, the only thing in Toril she would call a friend. Quiet evenings spent reading, stargazing, sharing stories over a glass of wine, and before she knew it the magic had bound them forever. So when the disgruntled husband found his escaped wife and demanded she return home at once, Aurora needn't shiver in fear: the whole squad jumped to her protection and so did Gale. With a charming smile upon his lips he promised to incinerate anyone who'd dare come near Aurora. From that day she knew what her newfound goal in life would be. Forget the tadpole and the Absolute. She'd save him from the Orb whatever the price would be. It was thanks to Gale, after all, that the storms within and without were for once calm and quiet.
#future lady dekarios looking cute as always#my art#digital art#paint tool sai 2#wip?#baldurs gate 3#bg3#tav#female tav#storm sorcerer#cleric of mystra#tempest domain#oc#aurora du lac#dnd#dungeons and dragons
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Alcoholic Flavor Market Growth Forecast: 4.37% CAGR, Expanding to 6.1 Billion USD by 2032
Alcoholic Flavor Market Overview:
The global alcoholic flavor market is expected to see substantial growth in the coming years. The rising demand for flavored alcoholic drinks, such as flavored vodkas, cocktails, and ready-to-drink (RTD) beverages, is contributing to the market's expansion. Flavors such as fruity, spicy, herbal, sweet, and smoky are highly sought after for their ability to create distinctive taste experiences. Furthermore, the increasing adoption of these flavors in non-alcoholic food applications—like confectionery, baking, and catering—has also fueled the market’s progress.
The versatility of alcoholic flavors, which can be integrated into a wide range of products, adds to their appeal. From beverages to food items, alcoholic flavors offer consumers the opportunity to enjoy a variety of unique combinations and experiences, thereby broadening their appeal across diverse industries.
The Alcoholic Flavor Market was valued at approximately 3.98 billion USD in 2022 and is projected to grow from 4.15 billion USD in 2023 to 6.1 billion USD by 2032. This represents a compound annual growth rate (CAGR) of about 4.37% from 2024 to 2032.
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Key Players:
Some of the key players operating in the alcoholic flavor market include major global companies such as Heineken, Diageo, AnheuserBusch InBev, Campari Group, and J. Gallo Winery, Remy Cointreau, Diageo North America, SABMiller, Bacardi Limited, BrownForman, Molson Coors Beverage Company, Asahi Group Holdings, Treasury Wine Estates, Pernod Ricard, Constellation Brands. These companies are constantly innovating and developing new flavor profiles to cater to the changing tastes and preferences of consumers. Strategic partnerships and mergers and acquisitions are common strategies used by these players to expand their market presence and meet the growing demand for alcoholic flavors.
Market Segmentation:
The alcoholic flavor market can be segmented based on several factors, including flavor type, application, form, and end use.
By Flavor Type
1. Fruity Flavors: These are among the most popular, with a wide variety of fruits like berries, citrus, and tropical fruits being used to enhance alcoholic beverages. They add freshness and sweetness to the drinks, making them highly appealing to a broad consumer base.
2. Spicy Flavors: These flavors add a kick to beverages, often used in cocktails and spirits. They include flavors such as ginger, cinnamon, and chili, which are particularly popular in craft cocktails and seasonal beverages.
3. Herbal Flavors: Herbs like mint, basil, and rosemary are used to create more complex, aromatic beverages. These flavors are often used in artisanal spirits and in drinks that emphasize wellness and natural ingredients.
4. Sweet Flavors: Sweet flavors, such as vanilla, caramel, and honey, are favored in liqueurs, craft beers, and cocktails. They add a smooth, rich profile that balances other strong flavor notes.
5. Smoky Flavors: Smoky notes, like those found in bourbon or smoked whiskies, are becoming increasingly popular, particularly in the growing craft beverage segment. They provide a deep, earthy undertone that enhances the overall complexity of alcoholic beverages.
By Application
1. Beverages: The largest application of alcoholic flavors is in beverages, where they are used to enhance or define the character of alcoholic drinks, including beers, wines, spirits, and cocktails.
2. Food Products: Alcoholic flavors are also used in food products, such as sauces, marinades, and ready-to-eat meals, where they add richness and complexity.
3. Confectioneries: The growing trend of alcohol-infused chocolates and gummies is boosting the use of alcoholic flavors in the confectionery industry, offering a fun and sophisticated twist on traditional sweets.
4. Baking: Alcoholic flavors are used in various baked goods, such as cakes, pastries, and cookies, especially during the holiday season, to add warmth and richness to the products.
5. Catering: In catering, especially for high-end events and gourmet experiences, the inclusion of alcoholic flavors in sauces, marinades, and dips is on the rise, offering a unique appeal to upscale clientele.
By Form
1. Liquid: Liquid alcoholic flavors are the most commonly used form, especially in beverages and food products, where they are easily mixed and dissolved.
2. Powder: Powdered alcoholic flavors are primarily used in baking and confectioneries, where they can be easily incorporated into recipes.
3. Granulated: Granulated flavors are used in beverages and food applications where slow release of flavor is desired.
4. Concentrated: Concentrated alcoholic flavors are used in industries where high potency is required, such as in the manufacturing of spirits, liqueurs, and cocktail mixers.
By End Use
1. Household: In households, the demand for alcoholic flavors is mainly driven by home-based cocktails and DIY food recipes, where consumers are looking for ways to personalize their drinks and meals.
2. Commercial: The commercial sector, which includes bars, restaurants, and breweries, uses alcoholic flavors in the production of new drinks and innovative dishes, responding to changing consumer trends.
3. Industrial: In industrial applications, alcoholic flavors are used in large-scale production of beverages, food products, and confectioneries. This segment also includes the use of flavors in the mass production of alcoholic beverages like spirits and RTD drinks.
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Regional Analysis:
The alcoholic flavor market is geographically diverse, with North America, Europe, and Asia-Pacific being the dominant regions.
- North America: The North American market, particularly the United States, is one of the largest consumers of alcoholic flavors, driven by the growing demand for craft beers and cocktails. The demand for unique and diverse flavor profiles is fueling market growth, especially in the beverage sector.
- Europe: Europe is another key market for alcoholic flavors, with countries like the UK, Germany, and France driving demand due to the popularity of premium spirits and innovative cocktail trends. Additionally, the demand for alcohol-infused foods and confectioneries is on the rise in this region.
- Asia-Pacific: The Asia-Pacific market is expected to witness significant growth, primarily driven by changing consumer preferences in countries like China and India, where alcohol consumption is rising and the trend for flavored beverages is emerging.
The alcoholic flavor market is set to grow as consumers continue to seek novel taste experiences across alcoholic drinks, food, and other related products. As the trend for unique and bold flavors continues to rise, the demand for high-quality alcoholic flavors will expand. Key players in the market are innovating and diversifying their product offerings to meet the needs of consumers and industries alike. With the increasing popularity of flavored alcoholic beverages and the growing use of these flavors in food and confectionery, the market presents exciting opportunities for both established brands and new entrants.
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$TWE.AX: Treasury Wine Estates shares declined 2.7% after US Surgeon General's alcohol-cancer risk warning.
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GPTStrategic and Treasury Wine Estates Launch Custom GenAI Solution to Unlock Insights
Australian Generative AI solutions leader GPTStrategic has announced it has partnered with Treasury Wines Estates (TWE) to deliver its unique GenAI solution for streamlining workflows, increasing productivity, and paving the way for growth and innovation. TWE is one of the world’s leading luxury and premium wine companies, with a global portfolio that’s available in more than 70 countries,…
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Rising Preference for Ready-to-Drink Beverages Drives Growth in the Canned Alcoholic Beverages Market
The canned alcoholic beverages market has witnessed significant growth in the recent years. Canned beer, wine cooler, malt beverages, and hard seltzers are some of the commonly consumed canned alcoholic products. The popularity of canned beer is growing owing to its portability, easy-open packaging and availability in an assortment of flavors. Canned beer is rapidly replacing bottled beer attributed to its greater convenience. Moreover, the growth of premium/craft beers, which are readily available in cans, is boosting the market growth.
The Global canned alcoholic beverages market is estimated to be valued at US$ 7.92 Bn in 2024 and is expected to exhibit a CAGR of 13% over the forecast period 2024 To 2031. Key Takeaways
Key players operating in the canned alcoholic beverages are Diageo plc, Brown-Forman, Pernod Ricard, Bacardi Limited, Suntory Holdings Limited, Asahi Group Holdings, Ltd., Anheuser-Busch InBev, E. and J. Gallo Winery, Constellation Brands, Inc., Treasury Wine Estates, Barefoot Cellars, and Kona Brewing Co. These players are focusing on product portfolio expansion and new product launches to strengthen their market position.
The Canned Alcoholic Beverages Market Size and growth of online distribution channels. The demand for hard seltzers and other low-calorie alcoholic drinks is increasing among health-conscious consumers. E-commerce platforms offer wider availability of products which is helping companies to expand their customer reach.
North America dominates the global canned alcoholic beverages market owing to high beer consumption and increased adoption of premium/craft beers. However, Asia Pacific is expected to witness fastest growth during the forecast period supported by rising disposable incomes, changing lifestyles and growing social acceptance of alcohol consumption. Players are expanding their footprint in Asia's emerging markets through partnerships with local players.
Market Drivers
Rising preference for ready-to-drink beverages is a Canned Alcoholic Beverages Market Size And Trends Canned alcoholic drinks are convenient to carry and consume as compared to bottles or cans. The trend of on-the-go consumption is encouraging manufacturers to roll out innovative ready-to-drink canned products. Growing health-consciousness is also positively impacting the sales of low-calorie canned cocktail mixes which provide taste of cocktails with fewer calories. Furthermore, increasing social media marketing by companies is effectively promoting canned beer and wine coolers, attracting younger consumers.
PEST Analysis
Political: Regulations around production and sale of canned alcoholic beverages vary across countries and states. Changes in regulations can impact the demand and supply of such beverages in different markets.
Economic: Economic growth and rising disposable incomes are increasing the spending capabilities of consumers on luxury and premium goods. The canned alcoholic beverages market is benefiting from this growing expenditure power.
Social: Younger consumers are increasingly preferring convenient packaging of beverages over bottles. The social acceptability of public consumption of alcoholic beverages is helping popularize canned varieties.
Technological: Beverage manufacturers are leveraging advanced production technologies to offer canned beverages with diverse flavors, varieties and affordable price points. Blockchain integration is enabling traceability of ingredients and supply chains.
Major geographical regions where the canned alcoholic beverages market in terms of value is concentrated currently include North America and Europe. The demand is predominantly driven by high spending power of consumers and strong culture of social drinking in countries like the US, Canada, Germany, UK, France, etc.
The Asia Pacific region is projected to be the fastest growing market for canned alcoholic beverages during the forecast period. Burgeoning middle class, rising disposable incomes, cultural shifts favorable to alcohol consumption and hot climate propelling the popularity of convenient canned drinks are supporting the growth of this market in developing countries of Asia Pacific including China, India and Southeast Asian nations. Get More Insights On, Canned Alcoholic Beverages Market About Author: Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)
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Canned Alcoholic Beverages Market 2024 - Size, Share, Trends, Growth Analysis, and Outlook by 2034
The Reports Intellect specialized and business intelligence entitled Global Canned Alcoholic Beverages Market (2024-2032) provides an overview of market availability, detailed analysis, competitive composition, and revenue forecasting. The report contains several key features to gaining a vital market assessment. The report likewise offers top players in this market. The research includes in-depth insight into the global size, share, and developments, along with the growth rate of the Canned Alcoholic Beverages Market to evaluate its expansion during the course of the predicted period. The Canned Alcoholic Beverages market report details insights on crucial factors responsible for the growth of the market shareholders and new players.
Key Players covering This Report: - Bacardi Limited Diageo plc Brown-Forman Corporation Anheuser-Busch InBev Treasury Wine Estates (TWE) Union Wine Company E. & J. Gallo Winery Asahi Group Holdings, Ltd. Pernod Ricard Integrated Beverage Group LLC
The foremost vendors operating in the market are described based on product range, quality, price, brand, regional presence, and other facets. Detailed analysis of these players, accompanied by their key growth strategies is also covered in this report. Furthermore, strategic development activities of these vendors such as product expansion, partnership/collaboration, and investments among others are discussed in the Canned Alcoholic Beverages market report.
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Description:
The report focuses on in-depth research on market size, CAGR, company profiles, and trending market dynamics. Our comprehensive report aims to identify markets aspects and significant developments to assess the increasing numbers of challenges, growth aspects, and threats. Moreover, a description of financial terms such as cost, revenue, stocks, and profit margin has been included in this Global Canned Alcoholic Beverages Market document to better comprehend the different economics of the business.
Canned Alcoholic Beverages Market by types: Wine RTD Cocktails Hard Seltzers
Canned Alcoholic Beverages Market by Applications: On-Trade Liquor Stores Online Others
Geographical Regions covered by Canned Alcoholic Beverages Market are:
North America Country (United States, Canada) South America Asia Country (China, Japan, India, Korea) Europe Country (Germany, UK, France, Italy) Other Country (Middle East, Africa, GCC)
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NOTE: The Canned Alcoholic Beverages report has been formulated while considering the COVID-19 Pandemic and its impact on the market.
Customization of the Report:
The given Canned Alcoholic Beverages market research report can also be customized as per the client requirements. The client can reach out to our sales team ([email protected]) who will ensure that you get the report as per your requirements and needs.
Why us:
We facilitate you with a crucial detailed insight report on the Canned Alcoholic Beverages market.
Descriptive graphs, explanatory charts, and more analytical tools to provide the clients with more factual data in very effective yet simple to grasp illustrations.
We provide you with a report that educates you on the challenges and issues of the Canned Alcoholic Beverages market and provides you with data needed to overcome those issues and maximize your growth potential.
Some Key Questions answered in this Report are:
· What is the current Canned Alcoholic Beverages market scope in the global landscape?
· What are the opportunities to focus and grow in the Canned Alcoholic Beverages Market?
· What are the most suitable business segments to ensure maximum profitability in Canned Alcoholic Beverages market?
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Snoop Dogg has made waves in the spirits industry with the launch of his own gin, Indoggo Gin. This new venture is inspired by his iconic song “Gin and Juice.” Collaborating with Treasury Wine Estates, Snoop Dogg aimed to create a high-quality spirit that is also affordable. The result is a gin that comes in […]
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Single-Focus
I received this bottle from a dear friend–employed by Treasury–who mis-interpreted some of my Daou-memes recently as being anti-Treasury. Of course, you all know nothing could be farther from the truth. I have–like most of you–a cellar FULL of Beringer and BV and Penfold’s, etc, etc, and have triumphed corporate wine institutions–at the expense of heavy criticism–as solidifying many California…
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#Best wine reviews#Central Coast Critic#Etude Carneros#Etude Pinot#Etude Wines#Fiddlestix vineyard#Pinot Noir#santa barbara wine country#Santa Rita Hills#Santa Ynez Valley#Soif Wine Blog#SRH#Stephen McConnell#Stephen McConnell Wine Blog#Steve McConnell#Steve McConnell Wine Blog#Treasury wine#Treasury Wine Estates#visitSYV#wine1er#wine1percent
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Australia’s Treasury Wine Estates to sell Wolf Blass as it moves upmarket
Low-priced labels put up for sale in response to changing consumer drinking habits
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Beringer Vineyards, St. Helena (No. 2)
The estate was listed on the National Register of Historic Places in 2001. The property includes 12 buildings, sites, or structures, 10 of which are contributing. Rhine House is the most prominent, built from 1883 to 1884 and designed by Albert Schroepfer. The house has elaborate interiors, and was used to entertain visitors of the property. The house was built on the site of the Hudson House (built c. 1848–52), which was moved nearby in order in 1883 to build the larger and grander Rhine House. It has features of the Queen Anne and Chateauesque architectural styles, with attributes from its architect's own German heritage.
The Beringer family sold the Beringer name and winery to Nestlé in 1971, which in 1996 subsequently sold the enterprise to a group led by Texas Pacific Group; the company went public the next year. From 2000 to 2011 the winery was owned by Foster's Group. As of 2011, it is owned by Treasury Wine Estates.
Source: Wikipedia
#Beringer Vineyards#2000 Main Street#St Helena#travel#original photography#vacation#tourist attraction#cityscape#landmark#architecture#landscape#garden#Napa Valley#California#USA#summer 2022#nature#flora#tree#excellent wine#wine tasting#West Coast#Rhine House#interior#I'll be back this summer#don't drink and drive#v
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Canned Alcoholic Beverages Market: A Sip of Convenience
The Canned Alcoholic Beverages market is in trends by convenient packaging and alcohol trends driving demand for ready-to-drink options. Canned alcoholic beverages provide an alternative to traditional bottles and cans while maintaining freshness of the drink. They are easily portable, recyclable, and resealable alternatives to bottles. Canned cocktails offer a variety of flavors from wine and seltzers to malt-based drinks, allowing users to enjoy responsibly on-the-go. The demand for low-calorie and variety seeking is growing canned drinks popularity amongst healthier options.
The Global Canned Alcoholic Beverages Market is estimated to be valued at US$ 7.94 Billion in 2024 and is expected to exhibit a CAGR of 14% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the Canned Alcoholic Beverages are Diageo plc, Brown-Forman, Pernod Ricard, Bacardi Limited, Suntory Holdings Limited, Asahi Group Holdings, Ltd., Anheuser-Busch InBev, E. & J. Gallo Winery, Constellation Brands, Inc., Treasury Wine Estates, Barefoot Cellars, and Kona Brewing Co. These key players are investing in new product launches, expansions and acquisitions to strengthen their market position. The demand for canned alcoholic beverages is growing steadily with increasing adoption amongst millennials and Gen Z due to easy portability and convenience. Manufacturers are innovating with variety in flavors and types to attract new consumers. The global canned alcoholic beverages market is expanding rapidly with players focusing on emerging countries for growth opportunities. Manufacturers view Asia Pacific and Latin America as high potential markets owing toChanging alcohol consumption trends, large population and improving lifestyle. Regions like China, Mexico and Brazil are witnessing increasing demand for on-the-go canned drinks. Market key trends The canned alcoholic beverages market is driven by health and wellness trends along with sustainability. Many Millennial and Gen Z consumers prefer canned drinks that are low in sugar and calories. Players are introducing canned wine and seltzers with less than 100 calories to cater to this segment. Rise of ready-to-drink highballs and cocktail cans also provide low ABV options. Additionally, aluminum cans have higher recycling rates compared to glass bottles, appealing to the environmentally conscious consumer. Their resealable nature leads to less food wastage appealing to the sustainable lifestyle.
Porter’s Analysis
Threat of new entrants: New players can enter the market easily as canned alcoholic beverages market has low entry barriers due to low capital requirements but established players have strong brand recognition. Bargaining power of buyers: Buyers have high bargaining power in canned alcoholic beverages market due to availability of substitutes and undifferentiated products. Bargaining power of suppliers: A few large suppliers exist for raw materials like alcohol which gives them significant bargaining power over processors and brand owners. Threat of new substitutes: Threat from substitutes is high as there are many alternatives available like bottled beer, wine, spirits and premixes. Competitive rivalry: The competition is intense as major players compete on the basis of brand, variety, packaging and marketing. Geographical Regions: North America region leads the canned alcoholic beverages market in terms of value and accounts for over 35% of the global market share. USA holds the largest market for canned alcoholic beverages in the region owing to rising demand for convenient and portable alcoholic drinks among youth population. Fastest Growing Region: Asia Pacific region is expected to witness the fastest growth in canned alcoholic beverages market during the forecast period. Countries like China, India and Japan are major contributors to the growth of canned alcoholic beverages market in Asia Pacific region. Rapid urbanization, changing lifestyles and rising disposable incomes are driving the demand for canned alcoholic beverages in Asia Pacific region.
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ASX rises as GDP growth slumps; Treasury Wines rallies, miners fall
The Australian Stock Exchange (ASX) experienced a rise despite a slump in GDP growth, reflecting investor optimism amid economic challenges. Treasury Wine Estates led the gains with a significant rally, bolstered by strong earnings and favorable market conditions. In contrast, the mining sector faced declines as commodity prices softened and global demand showed signs of weakening. The mixed performance across sectors highlights the varied impact of economic fluctuations on different industries. Investors are closely monitoring fiscal policies and global market trends, with the focus shifting to upcoming economic data and central bank decisions. The ASX's resilience in the face of sluggish GDP growth underscores the market's complex dynamics and the diverse factors influencing investor sentiment. As Treasury Wines outperforms, the downturn in miners serves as a reminder of the ongoing uncertainties in the economic landscape.
To know more: https://www.smh.com.au/business/markets/asx-set-for-a-flat-start-after-choppy-trading-on-wall-street-20240605-p5jjbj.htmlb
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Sparkling Wine Market Dynamics: Trends, Innovations, and Future Prospects| GQ Research
The Sparkling Wine market is set to witness remarkable growth, as indicated by recent market analysis conducted by GQ Research. In 2023, the global Sparkling Wine market showcased a significant presence, boasting a valuation of US$ 55.6 billion. This underscores the substantial demand for Sparkling Wine technology and its widespread adoption across various industries.
Get Sample of this Report at: https://gqresearch.com/request-sample/global-sparkling-wine-market/
Projected Growth: Projections suggest that the Sparkling Wine market will continue its upward trajectory, with a projected value of US$ 82.6 billion by 2031. This growth is expected to be driven by technological advancements, increasing consumer demand, and expanding application areas.
Compound Annual Growth Rate (CAGR): The forecast period anticipates a Compound Annual Growth Rate (CAGR) of 4.5%, reflecting a steady and robust growth rate for the Sparkling Wine market over the coming years.
Technology Adoption:
The sparkling wine market is increasingly adopting advanced technology across various stages of production, distribution, and sales. Automated bottling systems, precision viticulture, and advanced fermentation techniques enhance efficiency and product consistency. Digital tools for inventory management and e-commerce platforms are also revolutionizing how sparkling wines are marketed and sold globally.
Application Diversity:
Sparkling wine is finding diverse applications beyond traditional celebrations. It is becoming a popular ingredient in cocktails, culinary recipes, and as a base for innovative beverages like wine spritzers and flavored sparkling wines. This diversity is driving growth in both the premium and casual segments of the market.
Consumer Preferences:
Consumers are showing a growing preference for premium and niche sparkling wines, including organic and biodynamic options. There is also a noticeable shift towards lower-alcohol and lower-calorie versions, catering to health-conscious buyers. The rise of millennial and Gen Z consumers, who value unique experiences and sustainable products, is shaping market trends significantly.
Technological Advancements:
Technological advancements such as climate control in vineyards, precision farming, and genetic engineering are improving grape quality and yield. Innovations in packaging, like lightweight and sustainable bottles, are also gaining traction. Additionally, advancements in online marketing and virtual tastings are expanding the reach of sparkling wine brands.
Market Competition:
The sparkling wine market is highly competitive with key players like Moët & Chandon, Veuve Clicquot, and Dom Pérignon leading the premium segment. There is also intense competition from regional producers in countries like Italy (Prosecco), Spain (Cava), and the USA. The entry of new brands and the proliferation of private label wines by retailers are adding to the competitive dynamics.
Environmental Considerations:
Environmental sustainability is becoming a critical factor in the sparkling wine market. Producers are adopting eco-friendly practices such as organic farming, biodynamic agriculture, and sustainable packaging. There is also a focus on reducing carbon footprints through energy-efficient production methods and utilizing renewable energy sources. Consumer demand for environmentally responsible products is driving these initiatives.
Regional Dynamics: Different regions may exhibit varying growth rates and adoption patterns influenced by factors such as consumer preferences, technological infrastructure and regulatory frameworks.
Key players in the industry include:
Bronco Wine Company,
Caviro Extra S.p.A.,
Pernod Ricard,
Treasury Wine Estates,
Casella Family Brands,
Vina Concha y Toro SA,
E. & J. Gallo Winery,
Constellation Brands,
Accolade Wines Australia Limited.
The research report provides a comprehensive analysis of the Sparkling Wine market, offering insights into current trends, market dynamics and future prospects. It explores key factors driving growth, challenges faced by the industry, and potential opportunities for market players.
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