Premium is not the new normal, but as wealth levels increase in emerging markets, and affluent Western consumers crave difference, there's a real appetite for small batch, 'craft' products made with quality ingredients that command a higher price. The spirits world has always taken the lead, but the trend is spreading to beer, cider and even soda.
Global alcoholic drink consumption declined 0.7% for the first time in over 10 years translating into a loss of roughly 450m gallons of alcoholic drinks sales since 2014, a new Euromonitor report revealed.
Sophisticated sodas offer an attractive alternative to alcoholic beverages: but the category also holds wider appeal, according to a report from Canadean.
The kick of chili may not be for everyone: but chili-infused beverages can offer a real alternative to boring or unhealthy soft drinks, says Swedish start-up Caliente.
Brown-Forman Corp. has agreed to purchase The BenRiach Distillery Company for approximately $416m. The deal will add three Single Malt Scotch Whisky brands to Brown-Forman’s product portfolio: The GlenDronach, BenRiach,...
A small distillery on a remote Australian island is preparing to take its award-winning gin to wider markets.
Nestlé continued to see ‘solid growth’ across all geographies in its water business over the latest quarter, with momentum in both international brands and emerging markets.
The Chinese beer market is the world’s largest, yet it is experiencing negative volume growth after growing continuously for the past 24 years, according to China Alcoholic Drinks Association (CADA)....
Alcoholic root beer is thriving in the US, and now an Australian brewery believes the beverage will prove to be the perfect fit for its own country.
Small and independent craft brewers now account for a 12% market share of the US beer industry by volume, according to the Brewers Association.
Research from Mintel suggests that 30% of Brits who buy alcoholic drinks don’t understand what ‘craft’ means; while 59% believe it is important for the industry to define the term.
The global roast and ground coffee market is expected to grow at a CAGR of 5.9% in 2016-2020, according to Technavio.
Sales of bottled water in the US increased 6.4% to reach more than $15bn in 2015, according to research from Mintel. And as consumers continue to look for alternatives to...
Access to high-quality barley and barrels, and a variable yet temperate climate have distillers confident South Australia can emerge as a top-shelf whisky region.
It’s a billion-dollar market in Asia, but it’s almost unheard of in the US. Thanks to Kona Deep, bottled deep ocean water will soon roll its way across the US from...
Consumers worldwide are becoming more interested in a relaxed, balanced lifestyle, says premium beverage brand Tranquini, as it expands into new markets this year.
It was a good year for distilled spirits, as supplier sales were up 4.1% and volume was up 2.3%, according to the Distilled Spirits Council.
China’s high-volume, low-profit beer market is set to be transformed, with increased “premiumisation” providing opportunities for imported and licensed foreign beer brands, says Rabobank.
Big beverage companies are buying up craft breweries in big numbers, but does going from craft to corporation lose the cachet for these brewers?
What distinguishes the winners from the losers in the ultra-competitive beverages market?
DRY Sparkling, one of America’s fastest-growing soda brands, has been certified as non-GMO and will expand to larger stores this year.
With craft breweries selling for as much as $1bn, Steve Hindy, Brooklyn Brewery co-founder and chairman, said the “thrilling” show has allowed him to “dream a little”. But does he plan...
Wine lovers are unafraid to try a variety of wine and want more portable packaging, according to a recent survey.
Mexican beers and expansion in the Mexican market have strong potential for growth for Heineken, according to a company executive.
Constellation Brands has announced that it will purchase Ballast Point Brewery for $1bn.
Iceberg Water – a premium bottled water sourced from icebergs – says the stark beauty of the natural phenomena will help market the brand as it grows.