by Booze Werks | Dec 11, 2018 | Alcohol Business, Brewery, Distillery, International, Wine
Hooray! Just this past week word started to come out from the TTB (US Federal Tax & Trade Bureau) that they might start simplifying the process for label & recipe formulation across all the US alcohol industries. This is great news for the entire ‘Craft Alcohol’ market since historically some of the requirements to package & distribute your products were pretty time-consuming and expensive.
It looks like they’ll be taking public comments on this proposed adjustments until March of next year (2019), but hopefully nothing really de-rails this new direction!
by Booze Werks | Nov 28, 2018 | Alcohol Business, Distillery, International
This Chinese ‘white liquor’ is now the most consumed liquor on the planet, and certain market forces are now eyeing the US market as the next place to grow. Coming in normally at 40-65% alcohol, this drink packs a punch – but it also has a unique flavor profile that consumers are starting to discover. With only 1% of the US market drinking Baijiu, there’s some serious room for growth – but how much and how fast is the $1M question.
This article in Yahoo Finance brings to light some of the current players in the US Baijiu market and where they see the industry trying to go. This 1000-year old spirit may be starting to make inroads into markets like New York, San Francisco, and Los Angeles (historically cities with a strong Chinese immigrant population), but you may start seeing Baijiu bars, and even distilleries, starting to pop-up in other regions here in the next few years! Keep an eye out on this interesting market.
