Just Drinks

Daily Newsletter

29 November 2023

Daily Newsletter

Anheuser-Busch InBev gets Busch Light boost – AllianceBernstein

Bud Light’s share of the US beer/FMB/cider market remained “steady” at around 9.1% during the same week after regaining some ground in September, the AllianceBernstein report said.

Keystone Brewing Group, armed with fresh investment from its private-equity backers, is looking to double its revenue over the next 12 months – and has its eye on a further ambitious target for 2028.

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RTD beverages market expected to grow at a CAGR of ~5% by 2027

Rising urbanization coupled with the increasingly busy lifestyles of consumers have resulted in the increasing demand for RTD beverages that are easy to carry and quick to consume. Further, the pandemic has created a huge surge in demand for non-alcoholic beverages with functional benefits and value addition, including low sugar, added proteins, probiotics, and plant-based ingredients. The beverage manufacturers have been capitalizing on the trends by focusing on both value addition and convenience associated with the packaging of RTD beverages.