World: Corona Extra reclaims the title as the world’s most valuable beer brand
Corona Extra has reclaimed the title as the world’s most valuable beer brand, after a 40 per cent increase in its brand value saw it leapfrog Heineken into the top ... More
08/05/2024

World: AB InBev reports 2.6% rise in Q1 revenues in line with expectations
Anheuser-Busch InBev shares rose more than 5% on May 8, in response to a strong first-quarter performance and anticipated relief from the impact of an ongoing U.S. Bud Light boycott, ... More
08/05/2024

UK: Craft beer production rises to pre-pandemic levels for the first time in four years
Beer production volumes amongst Britain’s independent breweries have risen to pre-pandemic levels for the first time in four years. The data, revealed in the SIBA Independent Beer Report 2024, showed that ... More
08/05/2024

Brazil: Ambev posts small decline in first-quarter net profit, volumes up 3.6%
Brazilian brewer Ambev SA posted a small decline in net profit for the first quarter but the result handily beat expectations on a positive performance in its home market, xm.com ... More
08/05/2024

China: Chongqing Brewery Company to launch newly-built factory in Guangdong province
Chongqing Brewery Company, representing Carlsberg China, will soon launch the trial operation for its newly-built factory in Foshan, Guangdong province, to meet growing market demand in South China, according to ... More
08/05/2024

The Philippines: San Miguel Food and Beverage sees beer business revenue dip 3% in Q1
San Miguel Food and Beverage Inc. (SMFB) on May 8 said its income rose 1.3 percent to P10 billion from the previous year’s P9.87 billion, the Business Mirror reported. Consolidated revenues ... More
08/05/2024

World: Global brewers set to sell more beer this year
Global brewers are set to sell more beer this year after several quarters of declines, helped by factors from sports and slower inflation to weather patterns and a fading boycott, ... More
08/05/2024

Nigeria: Benue Investment to build N800 mln brewery in Makurdi
The Benue Investment and Property Company, BIPC, is set to build an N800million brewery in Makurdi (central Nigeria) to produce its beer brand at the end of the year while ... More
07/05/2024

The Czech Republic: Beer production, per capita beer consumption down in 2023
Breweries in the Czech Republic brewed around 20 million hectolitres of beer last year, down 2.7 percent year-on-year, according to data released by the Czech Beer and Malt Association. Average ... More
07/05/2024

India: American Brew Crafts Pvt Ltd acquires Denzong Brewery in Odisha
American Brew Crafts Pvt Ltd (ABCL), a leading brewing company renowned for its exceptional brews, announced its recent acquisition of Denzong Brewery located in Odisha, India, the Business Wire India ... More
07/05/2024