Vietnam-based East West Brewery is tapping the traditions of craft beer to grow the category in its home nation, while also seeking to innovate with flavours to appeal to more mature export markets.
With 2022 marked by high inflation, an energy crisis and global supply chain disruptions, many markets saw significant increases in wine prices which lead to a slight decrease in consumption.
For all the talk of higher interest rates and tighter capital, large CPG food and beverage brands are still acquiring brands to bolster their portfolios, especially in beverages and the better-for-you category, John Siegler of BMO Capital Markets shared...
In 2022, US craft brewers collectively produced 24.3 million barrels of beer, on par with 2021’s numbers, and craft’s overall beer market share by volume grew to 13.2%, up from 13.1% the previous year, according to the latest figures released by the Brewers...
Fruit sales and marketing network Frutura has signed a licensing agreement with The Coca-Cola Company: marking the first time Coca-Cola has licensed a brand for use within the fresh produce category.
Bringing back a nostalgic food and beverage brand "is about relaunching smartly," explained Purvi Shah, assistant professor of marketing, Worcester Polytechnic Institute.
PepsiCo has launched its Greenhouse Accelerator Program: 'Juntos Crecemos Edition': the first-ever Hispanic edition, which will focus on driving growth of emerging Hispanic-owned food and beverage businesses.
The Prague-based sports nutrition company, Infinit Nutrition, has expanded its personalisation platform, Custom, into Europe, allowing athletes online access to customised hydration products.
Tea-based beverages are emerging as a growing trend in APAC, but manufacturers need to integrate novelty and excitement into their beverage innovation in order to attract and maintain the attention of younger consumers.
Trade and economy leaders in Dubai are looking to position the city as the main food hub in the region, calling for more investment from international food firms and claiming its ‘political stability and ease of doing business’ are major draws.
Oregon-based organic kombucha brand Brew Dr. is going "a little bit bolder, a little bit bigger" with its new branding and flavors as the company looks to expand household penetration amidst a growing competitive landscape in the functional...
Pernod Ricard’s Irish Distillers and Heineken Ireland are coming together on a three year collaboration to support malting barley farmers adopt regenerative agricultural practices on their farms.
Austria’s wine industry has achieved its highest export figures by value – and winemakers will continue to focus on premiumization moving forward, says the country’s wine marketing board.
There’s been a significant increase in alcohol-free beer consumption among craft beer consumers over the last two years, according to a survey of more than 14,000 craft beer drinkers.
An increasing number of young consumers are looking for novel alcoholic drinks in low or zero ABV formats, and are willing to pay a premium for the pleasure, say industry experts.
Beverage alcohol distributor Southern Glazer’s Wine & Spirits will acquire Miami’s WEBB Banks: a premium wine and spirit distributor in the Caribbean, Central America, South America, and the travel retail and cruise sector.
Carlsberg says it is forging ahead in its global move towards regenerative farming as it plans increased use of regenerative barley for pioneer beer brands in the UK, Finland and France.
The Coffee Science Foundation (CSF) and Keurig Dr Pepper (KDP) will endeavor to understand the impact of interventions on farmers’ incomes and whether such interventions can improve livelihoods.
Emerging and maturing trends revealed at Natural Products Expo West in Anaheim last week ranged from dips delivering delightful dinners, mochi moving into multiple day parts, plant-based expanding beyond analogues, and beverages brimming with better-for-you...
The Healthier Product Innovation Fund (HPIF) provides grants for local producers to tap a range of academic institutions to help boost the healthier living drive in Scotland.
China has published new draft regulations for wine labelling standards in the country, with an emphasis on protecting domestic firms’ trade and formulation secrets while maintaining strict food safety standards.
The low/no alcohol beer category is under-developed in convenience stores, says Asahi UK: but believes it represents a key opportunity for brands and retailers alike.
Climate change, coupled with ‘deeply unfair trade’, means that some consumer staples could soon be missing from supermarket aisles, predicts the Fairtrade Foundation. What challenges and opportunities exist in encouraging industry to support ethical trade?
With many consumers looking to supplement their alcoholic drink choices with non-alcoholic options, suppliers should be looking to work closely with operators to encourage trial and experimentation across their low and no alcohol brand repertoire, says...
Post-pandemic restocking, the return of Global Travel Retail and premiumization trends all helped global exports of Scotch whisky reach £6.2bn ($7.6bn) in 2022.
Having already suffered setbacks from the COVID-19 pandemic, craft distillers now face numerous challenges such as supply-chain issues and inflationary pressures, says trade body spiritsEUROPE as it launches a new campaign called #SpiritsVoices.
The ‘outdated’ beverage industry is simultaneously harming the planet and people’s health due its vast plastics use and high sugar content, claims the boss of an Austrian brand that has launched its dissolvable cubes in Asia for the first time.
Recent data from Japanese brewery giant Kirin has revealed that China has topped global rankings for beer consumption and shown significant growth even amidst a general downturn in consumption in many Asian markets.
Here at BeverageDaily, we put our audience at the heart of what we do. For many years, we have provided our readers with a 360-degree view of the beverage industry and our editorial standards remain unsurpassed. We’ve come a long way, and with that, we’re...
Gen Z consumers are more likely to drink RTD coffee than hot coffee – and as brands respond, the category is expanding and developing. We explore what’s trending in RTD coffee – and where the category could go next.
Monster Beverage Corporation executives predict that sales growth across its energy drink portfolio will pick up and continue to outpace overall category growth in the coming months following a long-delayed and category-leading price increase that went...
Bord Bia, the Irish Food Board, describes 2022 as a ‘landmark year’ for Irish drinks exports as the total value of drinks exports approached €2bn ($2.15bn): representing a 25% increase on pre-pandemic 2019 levels despite an ‘extremely challenging input...
Cocktails used to be about a fancy evening drink at a trendy bar. But lockdowns bred a new generation of at-home bartenders; hybrid workers have changed the concept of happy hour; and the convenience of RTDs has opened up a whole new set of potential...
From being ‘cute’ to helping manage consumption, the miniature wine format is growing in popularity with consumers. Alex Green, co-founder of wine distributor Beyond Wines and creator of premium wine brand Liquid Diamond, takes a look what makes the format...
Global Brands Limited has purchased the Hooch, Hooper’s, and Reef trademarks from Molson Coors Beverage Company. The brands have been produced and distributed by Global Brands since 2012 and will now form parts of its owned portfolio.
Low-to-no beer, cider, wine and spirit products grew over 7% in volume across 10 key global markets in 2022, according to fresh data from IWSR Drinks Market Analysis.
