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Daily Newsletter

02 October 2023

Daily Newsletter

02 October 2023

Campari Group to distribute three Proximo Spirits brands in France, Monaco

The deal will see Campari given exclusive distribution rights for Irish whiskeys Bushmills and The Sexton, plus spiced-rum brand The Kraken.

Jessica Broadbent September 29 2023

Kraken spiced-rum brand. Image credit: Q77photo // Shutterstock.com

Uncle Nearest has moved for Chapter 11 protection amid the US distiller’s legal row with a lender and a court-appointed receiver.

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Ready-to-Drink (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.

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