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Daily Newsletter

15 August 2023

Daily Newsletter

15 August 2023

Anora Group issues profit warning on wine woes

The Nordic wine and spirits company has cut its forecast for a key profitability metric.

Dean Best August 15 2023

Globus Wine range owned by Anora Group. Credit: @anoragroup / Facebook

The Nordic wine and spirits company has cut its forecast for a key profitability metric.

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Non-alcoholic drinks market remain resilient despite inflationary pressure

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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