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Presentation transcript:

Presented by Phillips Wine & Spirits Wine & Spirits Trends Presented by Phillips Wine & Spirits

Spirits by the Numbers

What to look for in the future Spirits Trends What to look for in the future American whiskie(bourbon, rye, Tennesse) is on Fire! Driven by Flavors and Craft offerings) Irish whisky is up nearly 20% Innovation is not stopping anytime soon!(if you were to put all of Diageo’s innovation products into a seperate company….they would be the 10th largest Spirits company in the world!) Gin has seen numerous variations through Craft offerings and a general strive to do something different. Tequila has seen growth in aged tequila’s and better quality products. Wine Companies have been picking up Spirits brands! There is a Cocktail revolution occurring! What was once old is new and consumers are constantly looking for something unique and new. Mezcal offerings and consumption will increase dramatically. Quality Rum’s are becoming available and will take away from industry leaders. More High Quality American Brandy producers will start to come on board. Cocktails on Tap!

Wine Trends Did you know that 1 out of every 5 bottles of wine consumed in America is Chardonnay? Cabernet and Pinot Noir continue to sell consistently! Red Blends are ever increasing and being sought after by the consumer Rose’s are making a comeback! Prosecco is in demand! Spanish wines are becoming more prevalent. 60% of all wine consumed in America is from California! Oregon, Washington, Texas and New York account for an additional 9%. Pinot Grigio Is right behind Cabernet as the 3rd most popular varietal! Sauvignon Blanc is right behind Pinot Grigio! Low end wine sales are declining…while wines at $11 and up are growing! 36% of wine consumers are Millennials!