Hosted annually by the Specialty Food Association (SFA) in New York City, The Summer Fancy Food Show is the largest specialty food and beverage event in North America. The New York City event showcases hundreds of future-focused restaurants, organizations, and innovators dedicated to crafting unique menus and products that meet the ever-changing needs of consumers today.
Host Paul Barron chatted with a number of trendsetters and up-and-comers in the industry this year. Adam Teeter is the CEO and co-founder of VinePair, a publication committed to providing cutting-edge wine, beer, and cocktail content that is both informative and entertaining. Teeter shares his thoughts on current beverage trends, as well as what he sees coming next for drinks.
The former director of business and audience development at Tablet Magazine, and a frequent speaker at a number of renowned food and beverage conferences throughout the United States, Teeter has always been passionate about making drinks accessible.
“We don’t have as much of a consumer base who only drinks one drink,” says Teeter. Millennials tend to be more experimental with eating and drinking when compared with older generations. “It’s fun for the industry, as it allows for lots of growth. It’s also really hard for the industry, because you now have the Budweisers of the world being like, ‘wait, these used to be really loyal consumers and now they’re not?’ It’s challenging, but there’s a lot of opportunity.”
Teeter notes that low- and non-alcoholic wines, cocktails, and beers represent a growing trend. Consumers are looking for drinks that taste as though they are drinking alcohol, but still fit into a weekday healthy lifestyle. Prosecco, rosé, and craft beer continue to be popular, and millennials and members of Generation Z love to try wines from unfamiliar countries and styles.
Wine is especially growing in popularity, as it is perceived—somewhat erroneously—as healthier than beer and cocktails, and helps consumers feel part of a larger culture.
“The idea of single serve is becoming really popular,” adds Teeter. “We are a demographic that unfortunately has commitment fears. We want to try before we buy.” And, according to Teeter, trying is often more important than buying. “We want to be experts, but to be an expert is just knowing a little more than someone else. You just want to say you’ve had it before—it doesn’t have to be the whole bottle.”
Check out the video above to hear Teeter’s thoughts on the possibilities for canned cocktails and purchasing alcohol online—or even one day ordering a glass of wine through UberEats!