News & Analysis for the Beverage Industry
Rosé has shown strong growth over the past year and is outpacing overall US wine growth, a trend which will ramp up during the summer months thanks to the pink drink’s light and versatile appeal, says Nielsen.
Diageo has confirmed that it will buy Casamigos, a tequila brand co-founded by George Clooney, in a deal that values the brand at $1bn and is expected to close in the second half of 2017.
World Tea Expo 2017
US consumers are trading up in tea due to increased competition and raised awareness, especially in the at-home tea drinking space, says a consultant.
Supermarket giant Tesco has launched a range of low alcohol wines in the UK, responding to an 18% decline in alcohol consumption over the last decade.
DuPont Nutrition & Health (DuPont) has launched a new ingredient in its Danisco range for manufacturers to produce stable clean-label soy, almond and other plant-based drinks.