I NEWS I Guala Closures
I NEWS I Guala Closures Group and Labrenta offering a wide range of closures shortly after they joined forces Italy's Guala Closures Group has a major presence at Wine Paris & Vinexpo Paris 2023, less than a year after it took over Labrenta, a fellow Italian stoppers producer also from Italy, which is also represented at the show. Araex Grand sparks interest as it showcases its prestigious Iconic wine Araex Grands, one of Spain's leading fine wine groups, is showcasing a premium wine called Iconic at Wine Paris & Vinexpo Paris 2023. Iconic, a Rioja, is the result of a collaboration between Michel Rolland, a renowned oenologist, and Javier R. de Galaretta, a well-known Spanish wine entrepreneur. "It's very elegant and very complex, which is critical. Together with minerality, this will make this wine last for the next 30 years," said Javier, who is Araex Grands Spanish Fine Wines' president and CEO. Araex combines 15 premium and super premium wineries and exports widely, including to Germany, the UK, Canada, the Netherlands, Switzerland, China, Japan and numerous other countries. Indeed Araex is focused mostly on export markets rather than Spain. Remi Sanz, director of communication for Araex Grands, said a key focus for the group was to raise the profile of some of the wineries in markets where they currently have less of an impact. "The idea is to strengthen our presence in the markets that are not that big," he said. Araex Grands, whose wineries are characterised by their long tradition and their efforts to reduce their environmental impact, has a physical presence in five export markets and sells in around 70 markets in total Hall 5.2 / Stand D-097 Among the most-requested stoppers at the moment are those made of wood, according to Gian Marco Fiorini, the export area manager for Labrenta. "The trend is going with a wood head and, depending on the client, a different kind of stem," he said. "In the last year, in the last two years, there's a lot of attention from the medium and big brands for the presence of the bottle." The takeover, announced in mid-2022, is designed to create both industrial and commercial synergies between Guala Closures Group and Labrenta, a renowned producer of high-end tailor-made closures for a wide variety of bottles containing wine, spirits, beer, oil and vinegar. Guala Closures Group as a whole has a very wide portfolio. For spirits it produces nonrefillable and anti-counterfeiting closures, while for wine it supplies a huge range of screw-caps. There are also aluminium closures for water, beer and soft drinks, along with aluminium and plastic closures designed specifically to deal with the viscosity of olive oil Hall 5.2 / Stand F-018 Château La Vivonne brings old red vintages and award winning rosés to Wine Paris & Vinexpo Paris The producer of Bandol and Côtes de Provence relies on traditional farming methods without pesticides to make wine and has been 'organic certified' since 2021. The Domaine has taken a number of steps to promote environmentally friendly farming methods. For example the harvest is carried out by hand and the vines, a mixture of Mourvèdre, Grenache, Cinsault and Le Rolle, are planted during the winter months without using weed killer or synthetic fertilisers. Founded in 1904, the Domaine de la Vivonne near the medieval village of Le Castellet in the French region of Provence- Alpes-Côte d'Azur, benefits from a unique terroir between the sea and mountains made up clay, sand and limestone. The Domaine, which has received many awards and distinctions for its wines and environmental credentials, was acquired by Michel Benhaim in 2010 and modernised a year later. Since then, the château has made a name for itself, producing exceptional Bandol rosés, which have been selected in the prestigious Guide Hachette. It's cave also boasts an impressive collection of red Bandol AOP, including soughtafter and awardwinning old vintages dating back to 1979 Hall 4 / Stand F-110 8 • THE DAILY • TUESDAY 14 TH FEBRUARY 2023 wineparis-vinexpo.vinexposium-connect.com
I MARKET TRENDS I © Kevin Kelly - Unsplash Champagne demand remains robust. IWSR’s 8 drivers of change for beverage alcohol in 2023 and beyond New research from global drinks analyst IWSR indicates that previous trends to shape the global beverage alcohol marketplace will be transformed over the next five years The shift will range from the growing importance of drinking at home to a moderation trend driven by the need to cut household spending, the IWSR explains. Here, Wine Paris and Vinexpo Paris 2023 look at the eight drivers expected to shape the future of drinking, according to the London-based company. PREMIUMISATION DRIVEN BY ‘MASS AFFLUENT’ CONSUMERS The world is entering a period of economic fragility. Those who are financially stable – typically consumers with lower debt levels and secure jobs – will be targets for premium-and-above spirits and wine brand owners. This is a shift from pandemic times when Millennials led the global consumption bounce-back in 2021 in markets such as the US, UK, France, Germany, and Brazil. CHINA PEAKS, BUT THE US AND INDIA ARE POSITIONED WELL FOR SPIRITS China’s leadership in luxury spirits will be threatened by the US in the next few years. The US status spirits market, spearheaded by high-end agaves, is forecast by IWSR to add the most value to this category than any other market over the next five years. This will bring it almost level with China while India is also poised to make strong spirits gains. POCKETS OF GROWTH FOR BEER The best opportunities for beer will be in India, Latin America, and Africa. IWSR expects global volumes to rise at a CAGR of 1% between 2021 and 2026, driven by Brazil, Mexico, South Africa, Colombia and India. Beer is also well-positioned to grow in a number of Southeast Asian markets. SPARKLING WINE TO THE RESCUE OF WIDER WINE CATEGORY The total wine category is in volume decline, in line with historical trends, but proseccos and champagnes continue to grow and the high-end is gaining across all sparkling wine segments. Pent-up demand to celebrate weddings, holiday gatherings and other personal milestones after the pandemic has accelerated demand for fizz. PREMIUMISATION DRIVES RTDS Globally, the value of the ready-to-drink (RTD) market will rise at a CAGR of 7% between 2022 and 2026, outpacing volumes. The value growth reflects recent strong performances of premiumplus RTD products across key markets. E-COMMERCE WILL MODERATE Pandemic lockdowns drove rapid alcohol e-commerce growth of over 40% in 2020 alone – compared with value growth of 12% in 2019 and 16% in 2021, across 16 markets that IWSR A period of strong growth for high-end spirits in China may moderate in the coming years says IWSR. focused on. But over the coming years, growth rates will moderate as the market enters a period of normalisation. The overall trajectory will still be upwards with alcohol e-commerce expected to contribute an additional billion to the beverage alcohol sector between 2021 and 2026, reaching nearly billion by 2026, across focus markets. HOME PREMISE GROWS EVEN STRONGER Economic concerns are set to make the at-home occasion even more significant in the future, as shrinking disposable incomes force many people to cut back on visits to pubs and bars. IWSR expects the on-trade recovery to be slower than previously expected, although prepandemic volumes will likely return by 2026. MODERATION INCREASINGLY DRIVEN BY ECONOMIC WORRIES Previously driven by health and wellness concerns, moderation in alcohol consumption is now being spurred by a need to reduce household spending. Consumers are choosing to cut down rather than down-trade in many markets THE DAILY • TUESDAY 14 TH FEBRUARY 2023 • 9
