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CASTLE MALTING NEWS in partnership with
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World: Heineken reports worse-than-expected Q3 beer volumes due to declines in Americas and Asia-Pacific
Heineken reported worse-than-expected beer volumes due to declines in the Americas and Asia-Pacific as consumers failed to ramp up spending, Yahoo Finance reported.
The Dutch brewer said on October 23 that ...
Published 23/10/2024
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India: Diageo India reports increase in consolidated revenue in Q2FY25
Diageo India (United Spirits Ltd), a subsidiary of the British liquor giant Diageo, reported consolidated revenue from operations at ₹6,672 crore in Q2FY25, as opposed to ₹6,238 crore in Q1FY25 ...
Published 23/10/2024
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Russia & Ukraine: AB InBev to buy Anadolu Efess Ukraine business in exchange for Russian stake
Anheuser-Busch InBev has drawn up a new arrangement with its joint-venture partner in Russia to expedite its formal departure from the countrys beer market.
Just over two months ago, the Russian ...
Published 23/10/2024
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UK: Britain's Competition and Markets Authority launches formal probe into Carlsbergs acquisition of Britvic
Britain's Competition and Markets Authority (CMA) said on October 23 that it has launched a formal investigation into the deal between Carlsberg and Britvic, setting a deadline of Dec. 18 ...
Published 23/10/2024
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UK: SIBA launches Indie Beer mark to identify independent brands
The Society of Independent Brewers and Associates (SIBA) has launched the Indie Beer campaign as part of an effort to make it easier for beer drinkers to identify beer from ...
Published 23/10/2024
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Australia: Beer industry facing crisis due to increasing costs and low demand from Gen Z consumers
A report by behavioural insights consultancy, Canvas8 explores the shifting preferences of Australian consumers, indicating a decline in beer consumption. The factors driving this change are increasing costs, cultural associations ...
Published 23/10/2024
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Canada: 2023-24 barley supply was 8% down year-over-year
For 2023-24, total Canadian barley supply was 9.7 million tonnes (Mt), down 8% year-over-year (y/y) and 5% below the previous five-year average, Agriculture and Agri-Food Canada said in their October ...
Published 23/10/2024
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USA, MO: AB InBev invests in enhancing ist St. Louis brewery
AB InBev has made a brand new US$8 million investment into enhancing its Anheuser-Busch St. Louis brewery, The Drinks Business reported on October 23.
The investment is, according to local reports, ...
Published 23/10/2024
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Australia: Barley harvest forecast to decline 5%
Australia is looking towards harvesting a marginally larger winter crop this season, despite significant weather challenges experienced in a number of key grain-growing regions throughout the year, Rabobank says in ...
Published 22/10/2024
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USA, WI: New Glarus Brewing Co. to build $55 mln addition at its headquarters
New Glarus Brewing Co., a craft brewery known for such beers as Spotted Cow and Moon Man Pale Ale, will break ground this month on a $55 million addition at ...
Published 22/10/2024
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