Australia: Malting barley exports down 70% in May

Australia exported 329,759t of barley and 323,962t of sorghum in April, according to the latest data from the Australian Bureau of Statistics. Feed barley exports totalled 217,183t, down 32 percent from ...
Published 10/07/2024 Di più

World: Diageo eyed as takeover target amid declining sales and sell-offs

Following a year of declining sales and sell-offs, British alcohol giant Diageo is being eyed by investors for a takeover that could radically shake up the owner of massive brands ...
Published 10/07/2024 Di più

World: Brand Champions Report publishes list of best-selling alcohol brands in 2023

There are so many alcohol brands out there, and as the spirits industry gets increasingly saturated and competitive, a person has to wonder — who’s coming out on top? What ...
Published 10/07/2024 Di più

Vietnam: Government drafts new regulations proposing phased increase in alcohol excise

Vietnam’s Finance Ministry has announced plans for a phased tax hike on alcohol, a decision which will likely be a crushing blow to the country’s already struggling beer sector, The ...
Published 10/07/2024 Di più

World: Spirits set to overtake wine as global drinking habits change, report says

More cases of spirits, such as vodka and whisky, than of wine are set to be sold globally, the World Spirits Alliance predicted on July 10, as drinking preferences have ...
Published 10/07/2024 Di più

World: Big brewers expanding into low and no alcohol products but the boom looks relatively small

Big brewers are talking a good game on zero-alcohol beer. Carlsberg, Heineken, Anheuser-Busch InBev, Molson Coors, and Japan’s Asahi are expanding into low and no alcohol products, targeting an increasingly ...
Published 10/07/2024 Di più

World: Deutsche Bank raises its price target on Carlsberg

Deutsche Bank reaffirms its 'buy' recommendation on Carlsberg, the stock that replaces Heineken as first choice in the European beverage sector, with a price target raised from 1,100 to 1,200 ...
Published 10/07/2024 Di più

USA: Hops market looking down due to surplus on the market and lowered demand

Due to a surplus of hops and lowered demand, a once-strong local market for the crop is looking down, KIMA reported on July 9. "This craft market, the strong craft market ...
Published 10/07/2024 Di più

USA, MA: Building 8 Brewing permanently closes operations

Building 8 Brewing, one of the area’s premier craft breweries, has permanently ceased operations after almost a decade in business, the owners announced in a Facebook post this week, the ...
Published 10/07/2024 Di più

USA, CT & CA: Athletic Brewing Company closes $50 mln equity financing round with General Atlantic

Athletic Brewing Company announced on July 9 it closed a $50 million equity financing round led by private equity firm General Atlantic, with participation from other investors. As part of ...
Published 10/07/2024 Di più