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Daily Newsletter

03 October 2023

Daily Newsletter

03 October 2023

Schwarze & Schlichte acquires German peer Hamburg Distilling Co.

Hamburg Distilling Co., founded in 2017, sells Knut Hansen dry gin and Ron Piet rum.

Conor Reynolds October 02 2023

Credit: Hamburg Distilling Company

Radico Khaitan has outlined plans for a new subsidiary in Scotland in a bid to support its whisky business.

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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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