Market Intelligence

The beverage alcohol industry spent a decade building for demand that no longer exists in the form it was projected. Now it is sitting on $22 billion in unsold inventory, pulling vines from the ground, and pausing distillery production. Here is what the correction actually means for every brand watching.

2025 was the year the beverage and CPG industry stopped being able to blame external disruption for structural problems. The data was clear, the consumer had changed, and the brands that acted on that clarity built something durable. Here is what the year produced.

2024 did not deliver the recovery the beverage industry was waiting for. It delivered something more useful: clarity. Here is what the year's biggest stories actually mean for every brand building into 2025.

When Tilray's alcohol revenue surpassed its cannabis revenue for the first time, it was not a footnote. It was a signal about where the cannabis industry is heading and what the convergence of cannabis and beverage alcohol actually looks like in practice.

The US energy drink market hit $21 billion in 2024. Red Bull and Monster still dominate, but Celsius, C4, Ghost, and Alani Nu have rewritten the consumer map. Here is what changed, who is winning, and why every beverage founder should be paying attention.

The American Single Malt Commission submitted its formal definition to the TTB in 2022. Nearly two years later there is still no ruling. Meanwhile Westland, Stranahan's, and St. George keep building a category that does not need permission to exist.

Cognac just had one of its worst quarters in recent memory. The data underneath that number tells a story about premium beverage demand that every founder building in the space needs to understand.

Indri just won best in show at the Whiskies of the World Awards, beating every Scotch, bourbon, and international competitor. The story behind that result is bigger than a trophy.

The RTD category went from under 3% to nearly 12% of US beverage alcohol in ten years. The model that drove that growth is breaking down. Here is what replaces it and where the real opportunity lives.

Malt-based hard seltzer has lost nearly half its category share since 2021. What is replacing it is more durable, more margin-rich, and more interesting for founders paying attention.

Premium wine demand is softening and younger consumers are disengaging from the category. Here is what the data shows and what it means for every beverage brand watching the same consumer.

Beer held price while losing volume in 2023. Here is what the data shows about how the category managed through it and what every beverage brand founder should take from it.

Tequila and whiskey are leading tequila whiskey spirits market growth in the US. Jason Kane breaks down what the shift means for founders building brands today.

Hard seltzer went from zero to $4 billion in four years. Then the data collapsed. What the hard seltzer story tells beverage founders about the difference between a trend and a category.