Whiskey is seeing unprecedented growth, drawing attention from investors worldwide. As global alcohol consumption continues to rise, the whiskey market stands out with its expanding demand. Benzinga’s upcoming virtual event, The Rising Demand for Whiskey: How Investors Can Capitalize on the Trend, will delve into the intricacies of this lucrative market on Thursday, July 11, at 11 AM EST.
The Whiskey Investment Boom
This webinar will provide a deep dive into the flourishing world of whiskey investments. Industry veterans Vincent Flint-Hill, sales & purchasing at The Single Cask, and Anthony Zhang, CEO & Co-Founder of Vinovest, will guide attendees through the current market dynamics and lucrative investment opportunities.
Whiskey Renaissance: American Market
In the past decade, whiskey has surged in popularity, particularly in the American market. The demand is driven by both international interest and the proliferation of craft distilleries. According to industry reports, the number of U.S. craft distilleries has skyrocketed from around 100 to over 2,000 in just 10 years. Many of these distilleries source their whiskey from large contract distillers, ensuring a steady supply.
Maximizing Returns with Whiskey Investments
Whiskey presents several attractive investment opportunities. Many brands, such as Bulleit Bourbon and Whistle Pig, utilize contract distillers, which allows them to offer customized blends and ready-to-sell aged whiskey. This approach is beneficial due to the high costs and long aging periods associated with whiskey production, making it a practical option for both new and established brands.
The whiskey market faces challenges, such as a shortage of new charred oak barrels required for bourbon production. This legal requirement strains the supply chain, leading to occasional shortages and higher costs. Despite these issues, the consistent demand for aged whiskey presents substantial opportunities for investors.
Bridging Investors and Whiskey Producers
Zhang’s Vinovest is at the forefront of whiskey investment, providing access to a variety of whiskey products through strong industry relationships. Vinovest sources whiskey from partner distilleries, ages it, and sells it at a premium. This method offers investors diversification and the potential for notable returns, as shown by recent successful investments.
Benzinga’s webinar will cover these topics in detail, offering insights from industry experts. Attendees will learn how to effectively navigate the whiskey market and capitalize on its growing demand. This event is a valuable opportunity for those looking to invest in whiskey and benefit from its rising popularity.
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© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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