News & Analysis for the Beverage Industry
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AB InBev’s venture capital division ZX Ventures has opened a new brewery in Wuhan, China to tap into rising demand for craft beer, sales of which are believed to be growing by 40% year-on-year countrywide.
Taiwan’s Tai Wei Beverage Joint Stock Company Limited and Chinese processed fruit firm Tianyun International Holdings have secured an agreement to jointly produce and launch X-Bear energy drinks in China.
Private label wine is building momentum in the US, thanks to national supermarket chains such as Aldi, Trader Joe’s, Costco, and Whole Foods taking on the identity as trusted wine vendors, says Brian Sharoff, president of Private Label Manufacturers...