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Daily Newsletter

17 August 2023

Daily Newsletter

17 August 2023

Pernod Ricard forms Mary Dowling Whiskey Co. venture in US

Pernod recently created a dedicated business unit to oversee the production and marketing of its American whiskey brands.

Conor Reynolds August 16 2023

Credit: Mary Dowling Whiskey Co.

Investors reacted positively to Treasury Wine Estates’ plan to “rebalance” its US supply chain aimed at “accelerating the improvement of future returns”.

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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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