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Strategies for finding distributors, expanding market share, and mitigating financial risks. The recent surge in popularity of agave and tequila presents a lucrative opportunity for Mexican companies, but it also comes with challenges such as finding reliable importers and distributors, particularly in the competitive US market. In this interview, we sit down with Ernesto Wlasiuk, Export Manager and International Trade Consultant at NEWMARKETS, Mexico, to discuss how companies can capitalize on this demand, expand their market presence, and protect themselves from financial risks. #mezcal #tequila business Bartender Spirits Awards

The Spirit Business has just published its predictions for 2024 for the international spirits market. Mainly, the following 4: ✅ Enough casks for so much whisky? With the emergence of whiskey distilleries around the world, the demand for barrels has skyrocketed. And considering that the regulations governing bourbon or scotch (among others) are very demanding in terms of the type of barrel and the use made of it, it leads us to wonder if there will be enough wood to supply the sector. Many are betting that there will end up being a relaxation of regulations. ✅ The ready-to-drink (RTD) category is the fastest growing in the spirits sector, but is there room for innovation? It seems that the latest trend for big spirits brands is to partner with other big brands (such as Jack Daniel's and Coca-Cola). ✅ 2024 will be the year of the definitive boom for many Latin American spirits, largely unknown to the general public. This is the case of beverages such as Cocuy or Singani. ✅ International fairs are back with a vengeance. And it seems that after the pandemic, people are becoming more experimental and are once again betting on attending these events. Do you agree? More info: https://lnkd.in/eHA6UmA3 #whisky #RTD #trends2024 #spiritbusiness

🌟 Exciting News for the #Beverage #Industry! 🌟 According to the Distilled Spirits Council of the United States, in 2021, Americans imported 26.7 million nine-liter cases of #tequila and #mezcal, compared to 11.9 million in 2011. This indicates a significant surge in #demand for these iconic #Mexican #spirits in the #US #market. Tequila and mezcal have witnessed remarkable growth in the US market, emerging as the fastest-growing liquor category in 2021, following American whiskey, in terms of sales value. This highlights the increasing popularity and appreciation for these products among consumers. In summary, both tequila and mezcal stand as iconic products of Mexico, continuously gaining traction in the international market, particularly in the United States. 🥃🌵 Are you a #tequila or #mezcal #importer, looking to capitalize on this booming industry? Partner with #DripCapital for #factoring #solutions and seize the opportunity to expand your business in the US market! #Tequila #Mezcal #BeverageIndustry #USMarket #FactoringSolutions #DripCapital

The results are in for the 26th Spirits Selection by Concours Mondial de Bruxelles The 26th edition of the Spirits Selection by Concours Mondial de Bruxelles recently concluded in Renhuai, China. “The major producer countries – France, Italy, Brazil, Mexico and China – confirmed their ranking, but smaller nations such as Japan, Scotland and Bolivia made a name for themselves with remarkable medal rates.” From September 3-5, industry experts gathered to evaluate a record 2,754 entries from 62 countries. The competition remains a crucial indicator of trending innovations in the spirits world. Highlights from This Year’s Event:   Scotland claimed a major victory with 57% of its participants winning medals, nearly doubling last year’s count. The judges were bowled over by SPEY Trilogia by Speyside Distillers Co Ltd, with its smoky red fruit notes, awarding it the Scotch Whisky Revelation. Taiwan made history with its OMAR Single Malt Whisky Cask Strength securing the World Whisky Revelation, captivating judges with its fruity, honey-laced, and chocolate-driven flavors.   As the host country, China dominated the competition, particularly in the Baijiu category, winning 5 Revelation awards, a testament to its expanding influence in the world’s spirits market. The United Kingdom impressed with 8 medals, including 5 Gold for entries across whisky and gin categories.   Japan had a remarkable year, with over 60% of its entries medaled, including the Honkaku Shochu Revelation awarded to Shouro Shuzou. For a full list of this year’s winners: https://lnkd.in/g4MvV4C6 Sources: Vinopres and Spirits Selection by CMB #SpiritsSelection #CMB2024 #WhiskyInnovation #GinMasters #BaijiuExcellence #GlobalSpirits #WhiskyRevelation #GinRevelation #SpiritsTrends #whiskey #SpiritsSelection2024 #whisky #whiskylovers  

How San Francisco Became the World's Most Important Whisky Competition San Francisco's whisky competition has become a global leader in the industry. 🥃 - 🌉 Established reputation in the spirits industry - 🏆 Rigorous judging standards and esteemed panel - 🌎 International participation and recognition - 🍀 Diverse range of entries from around the world - 🌱 Focus on innovation and quality #WhiskyLovers #SanFrancisco #SpiritsIndustry 🔍 **Additional Insights:** - 💡 San Francisco's whisky competition draws entries from top distilleries worldwide. - 🌟 The competition's credibility is built on its meticulous evaluation process. - 🌐 Winners often gain international acclaim, boosting their brand recognition. - 🍀 This event celebrates both traditional and emerging whisky brands. - 🎉 The competition promotes industry growth and excellence in whisky making. How San Francisco Became The World's Most Important Whisky Competition https://lnkd.in/gK2rQHJD

🌟 May 2023 Decoded Spirits Awards: A Spotlight on Tequila's Bright Future in Australia 🌟 "The Decoded Spirits Awards in May 2023" unveiled an exciting narrative for the spirits industry in Australia, with Patron Reposado Tequila capturing the best Tequila award at a notable AUD 114 per bottle. This accolade is more than a win; it signals the untapped potential for Tequila in the Australian market. Patron Reposado's recognition underscores the Australian consumers' appetite for premium Tequila, hinting at a broader horizon for Tequila brands ready to explore this dynamic market. The demand for high-quality, distinctive Tequilas is evident, offering a prime opportunity for entrepreneurs to introduce innovative and diverse Tequila expressions. This moment is a call to action for Tequila entrepreneurs. Australia's spirits scene is ripe for expansion, with a clear interest in exploring beyond the familiar. The success of Patron Reposado at the awards is an inspiration and a reminder of the vast potential awaiting those ready to dive into Tequila's rich, varied world. Let's seize the opportunity to shape a vibrant Tequila market in Australia, where diversity and quality lead the way. Here's to a future filled with exceptional Tequila experiences down under. 🥂 Reference: https://lnkd.in/eM5ByU6j #TequilaOpportunity #DecodedSpiritsAwards2023 #AustralianMarket #SpiritsIndustry #InnovationInSpirits #tequila #mexicantradition

I thought i'd take a look at Whisky selections in on-trade venues and assume that retros, listing fees and company wide pour agreements didn't exist for a second...😉 In part - I try and answer how could you can strategically build a selection that is high turnover, diverse and fit for purpose. I came up with two strategies. While I've positioned it towards on-trade venues, this could easily be applied for retailers and off-trade too. Can't be bothered to click through? Here's the hot take👇 If you want a whisky selection that’s fit for purpose, you need to move past the question of what you have and onto why you have it. Once everyone knows the why – you’ll see a dramatic uplift in sales as the entire team will be far better at recommending the right bottle to guests. https://lnkd.in/eSGcDkt8

Whisky Revolution: How the World is Embracing Global Flavors Beyond the Traditional! Dive into the 2023 World Spirits Report and discover the rising stars in the whisky industry, from Taiwan's soaring sales to Australia's innovative approach. #WorldWhisky #WhiskyTrends #GlobalSpirits #InnovativeDistilleries #WhiskyLovers #CraftSpirits #SpiritsIndustry #WhiskyCulture #DistilleryInnovation #WhiskyBusiness

Early Bird Pricing for the International Spirits Competition ~ Ends in One Week!   Enter ADI's 2024 International Spirits Competition and save with our Early Bird discount! Register by February 2, 2024, to enjoy a $50 saving per spirit. ADI and select affiliate members get an extra $100 off. Don't miss out! https://lnkd.in/gndwZutU Since 2007, ADI has set industry benchmarks, offering categories for all distilled spirits, RTDs, bitters, no/low spirits, mixers, and more.   Benefits of participating in ADI ISC: - Detailed judge feedback for each entry. - Complimentary entry to ADI's Excellence in Packaging Competition. - Free awards for winners, both digital and physical. - Extensive media exposure and a chance to partner with Tipxy for Gold medalists. - Opportunities for Trophy winners to connect with top retailers like Binny's, K&L Wine Merchants, and Total Wine & More. - Exclusive meetings with import partners Preiss Imports, MHW, and Aiko Importers for international winners.   For more details on pricing, deadlines, and shipping, visit our website.   Still on the fence about whether to submit? Read what previous winners have to say about how the competition has changed their businesses. #spirits #competition #judging Erik Owens Eric Zandona

Whisky Defined- Three Whisky Competitions, One Global Whisky Champion.    We are introducing the Global Whisky Challenge, the world's first whisky competition to evaluate whiskies made within three geographical regions. The Global Whisky Challenge will define excellence in whiskies worldwide. The 2024 competition is now accepting entries.   Wine Country Network, Inc., the premier producer of professional beverage competitions in the USA, organizes the GWC. They are most famous for the Denver International Spirits Competition and the North American Bourbon and Whiskey Competition.    The Global Whisky Challenge aims to define excellence in whisky production worldwide and permit distillers of all sizes from all locations to compete globally. The judging is focused entirely just on whisky/whiskey. No Vodka, Gin, Rum, Tequila, or Brandy will be accepted.    2024 Global Whisky Challenge Competitions: •UK (Scotland, Britain, and Ireland) and Europe Made Whisky-April 2024 •Japan, Asia, and Oceana Made Whisky-May 2024 •North American Made Whiskey-June 2024   Our senior judges will taste the top winners from each competition again. They will select the 2024 Global Whisky Champion.  #scotchwhisky #bourbon #singlemalt GLOBALWHISKYCHALLENGE.COM