The alcohol beverage industry has taken a hit from the coronavirus pandemic. But shifts in consumer behavior are also opening up new opportunities: for example in RTDs, local products, and low/no alcohol drinks.
The drinks trade has faced one of its “most challenging times ever” Dayalan Nayager, managing director, Diageo Great Britain, Ireland and France has said.
Heineken claims the COVID-19 pandemic constitutes a “major negative macroeconomic development” that is having a “significant impact” on its markets and business in 2020.
The Coca-Cola Company will launch a hard seltzer under its Topo Chico brand later this year; while Coca-Cola With Coffee will make its debut in the US in 2021.
With a beer-like look and texture, a new nitrogen-infused cold-brew tea brand believes it can tap into the growing group of consumers looking for alternatives to alcoholic beers.
Kåska believes it has found the sweet spot in the low-alcohol spirits market with its 15% ABV distilled spirit, flavored with spruce needles and lemon. Launched in May, it’s already sold more internationally than in its home market of Finland.
While AB InBev’s Q2 performance was materially impacted by the COVID-19 pandemic as expected, it has seen ‘considerable improvement’ over the course of the quarter.
Global beer giant AB InBev is rebranding flagship pink beer Hoegaarden rosée in Thailand for the first time on August 1, with the aim of accentuating its key ingredient, raspberry, and enhancing appeal with its main target female demographic.
India has moved to implement strict 0% ABV regulations for alcohol-free beer in the country as part of the country’s alcoholic beverages revision, while Thailand is mulling tax raises for the category - spelling tough times ahead for zero-alcohol beers...
Are consumers spending more or less on wine? Will ecommerce increase in popularity - or do wine drinkers still prefer traditional channels? Wine Intelligence looks at eight ways the coronavirus pandemic has changed – or is changing – the habits of regular...
Sales of alcohol-flavoured sweets rose by 20% in the UK while the country’s pubs were shut due to Covid-19, manufacturer Uncle Joe’s Mint Balls has revealed.
Australia’s wine industry is setting its sights on growing in value, with a strong focus on sustainability. “The Australian grape and wine sector will change substantially in the coming decades and will look markedly different by 2050,” says the Vision...
Tennent’s, the Scottish brewer owned by C&C Group, has invested £2.6m to install a carbon capture facility at Glasgow’s Wellpark Brewery, allowing it to capture more than 4,200 tonnes of carbon dioxide annually.
