The U.S. wine market is now the largest in the world, but retailers are still struggling to compete on ecommerce channels, reported Beverage Daily, citing Rabobank’s Wine Quarterly Q3 report and an earlier report on alcohol ecommerce. “Changes in technology, business models and market structure are disrupting the market and creating new sets of winners and losers among wholesalers, retailers and suppliers,” Senior Beverage Analyst Stephen Rannkeleiv wrote in the Wine Quarterly. “Responding quickly to these changes will determine who survives, who thrives and who fades away.”
About Rabobank Group
Rabobank Group is a global financial services leader providing wholesale and retail banking, leasing, and real estate services in more than 40 countries worldwide. Founded over a century ago, Rabobank today is one of the world’s largest banks with over $640 billion in assets. In the Americas, Rabobank is a premier bank to the food, agribusiness and beverage industry, providing sector expertise, strategic counsel and tailored financial solutions to clients across the entire food value chain. Additional information is available on our website or on our social media platforms, including Twitter and LinkedIn
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Recent Press
Datamars And Connecterra Join Forces To Accelerate Artificial Intelligence For Sustainable Dairy Farming
Datamars, the global RFID and livestock management solutions company and Connecterra, a leader in data and AI technology have announced a strategic partnership. Through its investment, Datamars has acquired the sensor business of Connecterra known as ‘Ida for Farmers’ and will also hold a majority share in the Connecterra company.
The New Foodbytes: Rabobank’s Innovation Arm Announces Evolution
NEW YORK – February 8, 2023 – Today, Foodbytes, Rabobank’s long-standing innovation arm, is evolving the way it works with startups and corporates through the launch of a new online connection hub. Powered by Rabobank’s unmatched knowledge and network, Foodbytes aims to drive more sustainable impact within the food and agriculture industry by broadening its reach and accessibility. This innovation discovery tool is available to all interested global startups, corporates and investors.
Fitting into a More Climate-Smart Value-Chain
During a breakout session titled “Fitting into a More Climate-Smart Value Chain” at the Rabobank 2022 North America Food & Agribusiness Summit, Michael Rinaldi (VP of Sustainable Business Development) and Cristian Barcan (VP of Rural Sustainability) discussed the growing pressures F&A companies face to address climate change and demonstrate positive environmental impact across their value chain while feeding 10 billion people by 2050.
