Just Drinks

Daily Newsletter

18 August 2023

Daily Newsletter

Asahi Group eyes “significant” opportunities in China

Asahi described expansion in China as a “natural evolution” of the company’s growth strategy in Asia.

Uncle Nearest’s legal spat with a lender and the US company’s receiver rumbles on as the distiller’s attempt to file for Chapter 11 protection has been dismissed by a judge in the US.

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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.