Suntory Global Spirits Releases 2023 Sustainability Report
Suntory Global Spirits, a world leader in premium spirits, released its 2023 Sustainability Report, highlighting the company’s progress against its Proof Positive…
Covid crisis exerted significant negative impact on Europe’s spirits sector
New analysis underscores devastating impact the Covid crisis has had on Europe’s spirits sector and the entire supply chain.
COVID-19-related restrictions and…
GlobalData: Russian vodka brands face pressure due to the ongoing crisis
Following the Russian invasion of Ukraine, there have been calls to boycott Russian brands with the country’s most famous commodity, vodka, bearing the brunt of…
GlobalData: AB InBev’s investments in premium and NoLo beers drive company’s growth
Following today’s (24 February) news that AB InBev reported beer and non-beer volumes growth of 3.4% and 3.8%, respectively, in Q4 2021; Peter Ramshaw, Consumer…
No-ABV beer and cider has potential to accentuate market opportunities in the Middle East
No-alcohol beer and cider are set to make a splash on the Middle East scene, says GlobalData, as the region is seeking to boost tourism. The leading data and analytics…
Millennials keep UK pubs alive during COVID-19 pandemic, as over one in five buy premium drinks
Following the recent announcement from Wetherspoons that cocktail sales have soared compared to traditional sales; Ryan Whittaker, Consumer Analyst at GlobalData,…
USA: Functional Beverage Market Rises to $39 Billion
The U.S. food and beverage industry has been impacted heavily by COVID-19. In 2020 especially, more people looked to improve their health to prevent or lessen the…
GlobalData: Heineken’s Q3 sales impacted by renewed wellbeing trends following COVID-19 pandemic
Following today’s release of Heineken’s quarter three trading results; Holly Inglis, Beverages Analyst at GlobalData, a leading data and analytics company, offers…
GlobalData: ‘Shock factor’ soft drink flavors on the rise
The traditionally popular flavors of cola, lemon-lime and pepper saw a combined 4.3% volume decrease in 2020, according to GlobalData. While these flavors will remain…
Top five trends to watch in the spirits and wine sector over 2021/2022, according to GlobalData
Disruptions in supply chains, crop damage as a result of climate change, and a shift in consumer attitudes towards drinking are set to shape new trends and consumption…
Tens of thousands of unique molecules detected in 467 beers from around the world
The tradition of beer brewing dates back to at least 7000 BCE and maybe even to the invention of agriculture, considering that the starch in most cereals can spontaneously…
Ongoing COVID-19 uncertainty in Europe to hinder Heineken's full growth aspirations, says GlobalData
Following today's news (21 April) that Heineken has released its Q1 2021 financials; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company,…
Low and no ABV beverages are shaping Western Europe spirits sector
As trends towards health and wellness continue to mount, producers in Western Europe are expanding their portfolios with low and no ABV products.
Led by the…
IWSR: Beverage Alcohol in 2020 Performs Better than Expected
Total beverage alcohol will perform better than expected this year, but forecasts point to a slow long-term recovery, according to far-reaching new research from…