2023-08-01
The beverage industry, boasting a myriad of wines, spirits, and liqueurs, often steers our focus toward luxury and taste. Yet, understanding the industry's success requires delving into what people really want, and perhaps more intriguingly, what retailers have on their shelves.
The study by Wine-Searcher offers insights on this very aspect. By analyzing the most-stocked products among 33,000 merchants, the report attempts to bridge the gap between consumer demands and stocked inventories.
At a first glance, it appears that wine, for all its prestige and variety, is surprisingly outshone by spirits in terms of sheer stocking numbers. Of the top 250 most-stocked products, only 40 are wines. More surprisingly, amongst the top 100, a mere eight wines find their place.
Such statistics raise eyebrows, especially when wines like 19 Crimes Snoop Dogg Cali Red surpass giants like Château Haut-Brion in this peculiar hierarchy.
The most stocked products globally, as per the Wine-Searcher database, are as follows:
While the spirits are visibly dominating, the wine industry still has its champions, primarily from the Champagne region. Three champagnes made the top 10, with more like Roederer Cristal, Moët Brut Rosé, and Veuve Clicquot Rosé gracing the top 100.
In the US, the wine industry faces a challenge. The top 10 stocked products are predominantly spirits, with only the Veuve Clicquot Ponsardin Yellow Label Brut representing wine.
The UK, in stark contrast, seems to be a wine enthusiast's paradise. The top stocked products largely originate from the wine category, with Champagne leading the charge.
For those closely watching the industry, these findings are enlightening. The assumption that renowned wine regions such as Bordeaux, Burgundy, and Napa dictate retail shelves is upended. Instead, retailers seem finely attuned to consumer preferences, which, at least for now, lean towards spirits. In this dynamic environment, however, only time will tell if wines can regain their former glory or if spirits will continue their reign.
Founded in 2007, Vinetur® is a registered trademark of VGSC S.L. with a long history in the wine industry.
VGSC, S.L. with VAT number B70255591 is a spanish company legally registered in the Commercial Register of the city of Santiago de Compostela, with registration number: Bulletin 181, Reference 356049 in Volume 13, Page 107, Section 6, Sheet 45028, Entry 2.
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