Younger wine drinkers in Australia are more comfortable with buying wine in alternative sizes compared to their older counterparts, making them more open to options such as 1.5 litre formats, half-bottles or cans, according to Wine Intelligence.
Australia’s wine exports increased 16% in value to reach $2.65bn ($2bn USD), the highest value in a decade, while volume increased by 10% to 844 million liters, according to figures from Wine Australia.
By Angus Grierson, managing director, LGB Corporate Finance
M&A activity in the beverage industry is set to continue - and even accelerate - in 2018, writes Angus Grierson, managing director of LGB Corporate Finance, in this guest column.
The Australian beer industry generates $16.9bn ($13bn USD) a year in economic activity: accounting for just over 1% of the GDP, according to the latest figures from the Brewers Association of Australia.
By Aslam Shaikh, senior research analyst, MarketsandMarkets
While dairy has traditionally been the most common format for probiotic products, the non-dairy beverages segment is expected to growth at a CAGR of 9.6% from 2017 – 2022. With a rise of more than 30% in sales of refrigerated probiotics drinks and juices...
Low and no sugar brands are outperforming their full sugar rivals in categories such as cola and lemonade, says UK soft drinks company Britvic. But choice is still important – and taste will always be the top factor in purchasing decisions.
Riding the successful launch of its aloe vera spoonable yogurt last year, Alove (a brand under Morinaga Nutritional Foods, Inc.) debuted a low-fat drinkable yogurt lineup meant to grow on-the-go yogurt consumption and introduce US consumers to something...
Bone broth is small but growing in the US and one Irish start-up is aiming to bring it to Europe. "This is the most traditional forms of nourishment," says its founder.
Gin and craft beer continue to prove popular in Western Europe, while both the overall beer and spirits categories are seeing good growth driven by premiumization, flavor innovations, and craft credentials, according to IRI.
Having enjoyed enormous success in its native US, Goose Island is now expanding rapidly in international markets. Establishing a thriving brewpub in each new country has been key to its growth: allowing consumers to engage with the brand and learn more...
Combining a unique and instantly recognizable flavor and a myriad of potential health benefits, ginger is ‘coming on strong’ in the beverage space, say the beverage gurus at Imbibe.
Out of the 6,372 US craft breweries operating in 2017, including 997 new openings, 2.6% (165 breweries) shut their doors and that percentage will likely increase as the market becomes more competitive, Brewers Association chief economist Bart Watson predicts....
Korean alcoholic beverages such as soju, traditionally clear liquor usually distilled from rice, wheat or barley, appear to be gaining in popularity in South East Asian markets.
Despite being one of the largest bottled water markets globally with an overall consumer trend towards premiumization, the growth of bottled water’s retail sales have slowed and are projected to continue to decline due to market saturation, Mintel finds....
OEM firm Nanjing Ziquan is investing in new production capabilities for functional drink brand Mizone in China, with the domestic market tipped for double-digit growth.
Mature beer markets face a number of challenges: competition from other alcoholic beverages, declining alcohol consumption, and the reduced importance of traditional beer drinking occasions. But AB InBev believes its evolving portfolio - including flavored...
The Brewers Association, which represents small and independent craft brewers in the US, has released its 2017 list of the top 50 craft brewers according to beer sales volume.
Diageo has acquired Belsazar to expand in the aperitif sector as consumers shift towards more casual occasions, seeing demand for lower ABV (Alcohol By Volume) cocktails and an increase in long drinks.
With self-serve dispensing technology gaining momentum in the market, it is becoming easier for consumers to explore new types of drinks. This presents drinks manufacturers with new opportunities – but could also challenge brand loyalty, says GlobalData.
Soft drinks firms seeking success in Japan should consider using stronger carbonates with higher caffeine content, or tap into consumers’ growing demands for more healthy products
Off-premise beer consumption has stalled recently while on-premise drinking at bars and restaurants continues to grow, which has made way for a third channel of beer drinking centered around community and experience, says the Brewers Association (BA).
Honolulu-based Shaka Tea - the first Hawaiian ready-to-drink iced tea, and the first brewed with māmaki, a plant that only grows in the Hawaiian islands – has unveiled a new look, reformulated its wares to reduce sugar, and closed its second round of...
Taste and price are no longer the only criteria for beverage launches: brands need to meet consumer demand for health, natural ingredients, responsible sourcing and sustainability. While the baseline for innovation has become more demanding, there is...
Thai Coco says demand for coconut water and other coconut-based products is growing in the Middle East, with supermarkets increasingly listing new products, and consumer awareness on the rise.
The sparkling wine category in China is relatively small: but this could change with the rise of more affordable varieties, according to Wine Intelligence.
The Philadelphia Eagles were not the only big winner during the Super Bowl LII earlier this month, Mountain Dew, Pepsi and Doritos also were victorious with commercials that not only grabbed headlines and generated social media buzz, but also drove near...
Innovations in RTD tea, cold-brew and kombucha are attracting attention: but hot tea also remains an important driver of innovation in the global tea category, according to Mintel.
AB InBev’s venture capital division ZX Ventures has opened a new brewery in Wuhan, China to tap into rising demand for craft beer, sales of which are believed to be growing by 40% year-on-year countrywide.
The widening spectrum of low- and no-alcohol options and smaller packs and serving sizes are finding relevance in mature markets, according to Euromonitor.
For a growing number of wine producers, organic is not just a expanding market to tap into: it’s a fundamental philosophy of their business and a necessity for the longevity of their enterprise and land.
Taiwan’s Tai Wei Beverage Joint Stock Company Limited and Chinese processed fruit firm Tianyun International Holdings have secured an agreement to jointly produce and launch X-Bear energy drinks in China.
Big Geyser deal will give Soylent access to thousands of doors in the New York metro area
Meal replacement brand Soylent – which built a sizeable business on its own website and is now one of the fastest-growing brands on Amazon - has struck a deal with distributor Big Geyser that will give it access to thousands of stores and offices in the...
The beer industry’s first round of consolidation is largely over as macro US brewers have slowed their pace of craft brewery acquisitions, making way for other types of deals that offer small brewers new paths forward, says Rabobank.
Pique Tea’s clean sweep of gold medals in all three categories of the Global Tea Championships that it entered validates the company’s effort to elevate the quality of instant tea, which often is derided as the lowest class, to that of the industry’s...
Thailand’s Malee Group PCL, known for its range of fruit juices and canned fruit, has acquired Vietnam beverage firm Long Quan Safe Food Joint Stock Company (LQSF) for 330m baht (about US$10.5m) to drive South East Asian production and export sales.
