News & Analysis for the Beverage Industry
Domestic beer consumption in the US has fallen over the last two decades while China’s interest in American beer has spiked. Budweiser sales finally flipped in China’s favor in the first half of 2018 and the trend is expected to continue.
Chicago-based Napa Hills turned wine into water last year when it launched two flavors of antioxidant-enriched functional water. It’s now expanding outside of Illinois and considering more flavors for 2019.
The European Bank for Reconstruction and Development (EBRD) is providing Egyptian dairy and juice producer, the International Company for Agricultural Industries Projects, S.A.E (Beyti), with a $44m loan.