Carlsberg remains “in uncharted territory” over Russia business, CEO admits
The brewing giant still holds its shares in Baltika Breweries, which the Kremlin seized last month.
16 August 2023
16 August 2023
The brewing giant still holds its shares in Baltika Breweries, which the Kremlin seized last month.
Pernod recently created a dedicated business unit to oversee the production and marketing of its American Whiskey brands.
The consumer price index for food and non-alcoholic beverages slowed to 14.9% in July on an annualised rate, compared to 17.4% in June.
The row centres on the use of the term ‘Patagonia’ for some of the Chilean wine giant’s products.
Located outside of Belfast, the facility is one of Diageo’s two production sites for Baileys.
Dunkin is to launch eight flavours of alcoholic iced tea and iced coffee starting in late August.
The new forecast marks the second upgrade since April that Carlsberg has made, based on price increases.
In collaboration with Just Drinks, the 12th Innovation in Non-Alcoholic Beverages Conference 2023 will return on the 19th-20th of September 2023 in London. This event offers a unique opportunity to understand whether brands are streamlining their portfolios or increasing them in an oversaturated market, to gain more market share. Our in-depth agenda and two streams focus cross category on trends including flavours, health, and wellness, premiumisation, ingredients, tastes and textures and innovation in sustainability. For more info on tickets, agenda and speakers click here.
Per GlobalData analysis, the non-alcoholic beverages (NAB) market has a strong outlook in terms of value and steady forecasting for volume up to 2026. The industry has been resilient to the pandemic and inflationary pressure as consumers continue to up their intake of NABs. Rising health and wellness trends mean that a growing number of consumers are swapping alcohol consumption for NABs while others are adding more drinks to their diet for improved hydration and extra nutritional value from fortified and functional NABs.
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