Luxe Beat Magazine MARCH 2015 | Page 99

Wine & Spirits T Whiskies and Bourbon Are In Vogue here is new intelligence on the wine and spirits business thanks to an IWSR survey commissioned by Vinexpo. Some key findings include: o na an r a na n n markets in Asia, and sales rocketed by 19% from 2009-12. While 2013 growth in the region has been curtailed by the Chinese government’s anti-corruption i ation y ar or a t remain positive (+3.5%). Healthy sales are particularly expected in America, the biggest market for cognac exports. irit ar ri in ith ia a i the world’s top consumer. Global spirits consumption increased 19.1% between 2009-13. This growth is expected to continue at a 3% rate. ia a i a o nt or o th world’s total spirits consumption. Whiskies and bourbons are back in vogue and projected to rise 8.8% and 19.3% respectively over the n t y ar ia ra i Mexico, India and Poland are a driving force. Vodka consumption is leveling. It still holds its position as the leading “international” spirit (the #1 spirit, ai i on ain y in hina t an i ta i i in expected to rise to 8.9% by 2018. Cava sales, spurred by growth in i ort to i i ria an France, escalated by more than 100,000 cases in 2013. Prosecco exports doubled. Meanwhile, Champagne consumption fell by 1.4% globally in 2013, due primarily to shrinking demand in France, the U.K. and the U.S. Sales are rising, however, in several key countries, including Australia and Japan. Red wine continues to dominate, representing 54.8% of all still wine consumed in 2013, even as reduced demand, primarily in China, drove worldwide consumption down by 19.8 million cases For more details go to www.theiwsr.com/. As Champagne consumption dips, other sparkling wines drive growth. In 2013, sparkling wines (excluding champagne) accounted for 8% of the world’s wine consumption – and are 99