Premium priorities persist – spirits executives talk “creating value”
Distillers, non-alc brands, mixer businesses and RTD suppliers all discussed the dreaded “race to the bottom”.
14 November 2023
14 November 2023
Distillers, non-alc brands, mixer businesses and RTD suppliers all discussed the dreaded “race to the bottom”.
The Bundeskartellamt initiated “abuse proceedings” that will focus on CCEP’s rebate structure for German food retailers.
Nine manufacturers are being investigated by the Italian watchdog for allegedly fixing glass-bottle prices.
The Boltmaker and Landlord brand owner is investing again at the site, which opened in 1863.
Tenet Wines is a collaboration between winemakers in Washington State and the Rhône Valley.
The business, which is listed on the country’s Aquis Stock Exchange, wants to broaden its potential pool of investors.
The all-US deal sees Sunny Sky, which supplies dispensed drinks to foodservice and c-stores, expand its product portfolio.
“India, the Far East, South America and the US are all growth regions with a passionate demand for premium British gin” – Sky Wave.
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The global alcoholic beverages packaging industry has grown to 445.4 billion units in 2022, with volumes forecasted to grow at a CAGR of ~2% by 2027. The Asia-Pacific represented the largest region in 2022, followed by the Americas. Glass was the most used pack material globally, followed by rigid metal and rigid plastics. Volume-wise, the industry was led by the beer & cider sector in 2022, while the flavored alcoholic beverages sector is forecast to register the fastest growth at a CAGR of 6.1% during 2022–27, followed by spirits and wine.
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