03 November 2023
03 November 2023
Each week we bring you a snapshot of the week’s news through data.
The US beverage group’s CEO said it had seen “incredible growth” in the third quarter.
The company’s Australian Beer Co. is advancing further into the RTD spirits market with its takeover of canned spirits producer Ampersand Projects.
The combined company estimates its portfolio will reach two million cases in 2023.
The company stated it hopes to increase distribution in “premium bars and restaurants” in London and south-east England.
Unilever, PepsiCo and Mars had previously been added to the National Agency on Corruption Prevention’s register.
The water group, which wants to focus on North America, has sold a chunk of international business – and plans more disposals.
Carlsberg’s Malaysian arm will also produce some Sapporo beer products.
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Per GlobalData analysis, the 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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