Bronx Brewery has had strong growth from its core beer range that is designed to be approachable to all beer drinkers, but its recent B-Track Series allowed the brewer to push the boundaries of flavor with new and exotic ingredients.
Australia's Bundaberg Brewed Drinks has entered a distribution partnership with PepsiCo, bringing its craft sodas to more than 400,000 US stores, restaurants, and bars later this month.
Off-premise beer consumption has stalled recently while on-premise drinking at bars and restaurants continues to grow, which has made way for a third channel of beer drinking centered around community and experience, says the Brewers Association (BA).
Australia’s Carlton and United Breweries, part of AB InBev, has announced a $10.3m ($8m USD) capital investment in Cascade to create a ‘craft brewing hub’ for the Asia Pacific region.
Independently owned Irish craft brewer, Porterhouse Brewing Company has opened a €6m brewery in Dublin to keep up with rising demand in the UK and Europe.
Coca-Cola has launched two fruit-flavored specialty sodas in the US market, Coca-Cola Georgia Peach and Coca-Cola California Raspberry, hoping to capitalize on the growing popularity of craft soda.
US beverage data company BruVue has secured $1m in seed funding to help scale its sensor beverage inventory system across the three-tier beer supply chain in the US, with plans to introduce the technology globally further down the road.
Secret Squirrel cold brew coffee is leveraging nearly seven years of experience in the booming RTD coffee space to continue to scale production, add new SKUs, and expand distribution later this year.
Growth for the core Heineken brand – including performance ‘ahead of expectations’ for new alcohol-free Heineken 0.0 – has helped boost Heineken’s FY2017 results.
Private equity firm Castanea Partners has made a minority investment in Portland, Oregon-based Brew Dr. Kombucha’s parent company Townshend Group (TTG), with an eye on expanding the organic kombucha brand’s US reach and consumer awareness.
The beer industry’s first round of consolidation is largely over as macro US brewers have slowed their pace of craft brewery acquisitions, making way for other types of deals that offer small brewers new paths forward, says Rabobank.
La Colombe Draft Latte has seized a 1% share of RTD coffee sales in the US grocery category after operating for one year, according to IRI data ending Dec. 3, 2017.
LGC Capital, Creso Pharma, and Baltic Beer Company have formed a joint venture company, CLV Frontier Brands, which aims to develop a full beverage portfolio using cannabis terpene blends and hemp ingredients worldwide, starting with beer.
Chicago loose-leaf tea company, Tiesta Tea, has broadened its portfolio with the launch of a ready-to-drink (RTD) cold brew tea line, a segment within the category that continues to heat up with consumer interest.
Consumption of alcoholic drinks has been largely static in recent years whereas the use of cannabis is growing and will continue to expand, offering a commercial opportunity for the alcohol industry in North America, according to Euromonitor analysts.
Rum in predicted to exceed the £1bn ($1.38bn) sales mark in the UK in 2017, following in the footsteps of gin, which reached the same milestone in 2016.
The US Congress has passed the Craft Beverage Modernization and Tax Reform Act of 2017 (CBMTRA), a bill that will cut the federal excise tax on beer, spirits, and wine producers effective on Jan. 1, 2018.
Today, 83% of Americans live within 10 miles of a local brewery. The Brewers Association, the not-for-profit trade association for US craft beer, looks back on the highlights of 2017 for the craft beer industry.
The High End, Anheuser-Busch’s (A-B) US craft beer and imports division, has launched an initiative called “Elevate” to address recent consecutive years of soft category growth by attracting new consumers to the category.
AB InBev has acquired Pirate Life, with a $10m ($7.6m USD) investment in a new South Australian brewery kick-starting growth plans for the Adelaide brewer.
Cans are now used for a quarter of craft beers sold in the UK, with canned craft beer sales increasing 327% from January to August 2017, according to Nielsen.
The Brewers Association (BA), through an agreement with the United States Department of Agriculture-Agricultural Research Service (USDA-ARS), will fund a public hop breeding program to develop and release disease-resistant aroma hop cultivars for the...
Craft spirits sales are growing rapidly by volume and value in the US with industry investments on pace to double by the end of 2017, according to The Craft Spirits Data Project.
The allure of emerging markets has attracted brewers to new regions of the world, with rising global beer consumption fueling further M&A activity in the category, said Rabobank.
Tech has infiltrated the homebrewing space with digital tabletop brewing devices poised to be the next frontier of the beer industry as consumers look for a more personalized beer drinking experience, says Euromonitor senior alcoholic drinks analyst Spiros...
The Brewers Association (BA) has launched Take Craft Back: a tongue-in-cheek crowdsourcing campaign taking aim at AB InBev’s craft beer acquisition strategy by attempting to raise $213bn in pledges to 'purchase' the beer conglomerate.
The US craft beer sector contributed $67.8bn to the US economy in 2016, with craft brewers responsible for more than 456,373 jobs, according to the latest economic impact report from the Brewers Association.
The US craft beer market has softened in recent years, but Brewers Association CEO, Bob Pease, said he is bullish about the industry’s future and is encouraged by the prevalence of American beer styles appearing in international markets.
Nestlé’s recent acquisition of a 68% stake in California startup Blue Bottle Coffee is a departure from its usual business strategy when it comes to its coffee portfolio, according to Euromonitor.
For the majority of Australian craft beer drinkers (64%), knowing who owns the beer they drink is important, according to the 2017 Australian Craft Beer Survey.
The Brewers Association Export Development Program (BA EDP) has seen an "explosion" of interest in American craft beer coinciding with an increase in exports to international markets.
Functional teas, specialty teas, and indulgent products will help the tea category appeal to millennials against a backdrop of overall falling tea volumes, according to Mintel.
Carlsberg has seen 25% volume growth in craft and specialty beers, while the brewer reports an overall rise in net profit but decline in volume in H1 2017.
Constellation Brands has acquired Florida-based Funky Buddha Brewery as part of the company’s goal to expand its high-end beer segment. Terms of the deal were not disclosed.
