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Daily Newsletter

12 October 2023

Daily Newsletter

12 October 2023

Ambitious Asahi – CEO Atsushi Katsuki sets out growth agenda

Asahi’s global CEO sits down with Just Drinks to discuss the brewer’s non-alc targets, M&A and why premiumisation in beer will continue.

Dean Best October 12 2023

Asahi Group Holdings CEO Atsushi Katsuki. Credit: Asahi Group Holdings

Gen Z’s lower alcohol consumption compared to earlier generations is “cyclical”, Brown-Forman CEO Lawson Whiting has said.

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Flavored alcoholic beverages poised to register the fastest growth within the alcoholic beverages packaging industry

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. APAC 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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