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World: AB InBev continues to lead global most valuable beer companies list
The importance of the alcohol industry, and the beer industry in particular, considering the fact that a quarter of the global population or around 1.8 billion doesn't drink at all, ...
Published 27/03/2023
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China: Tsingtao Brewerys full-year net profit increases 17%
Tsingtao Brewery Co. posted a 17% increase in its full-year net profit, supported by an improvement in its product mix and digital marketing efforts, the Market Watch reported on March ...
Published 27/03/2023
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USA, GA: Orpheus Brewing to close current facility in Atlanta
Orpheus Brewings founder and brewmaster Jason Pellett announced on March 27 on social media that the brewery will close their current facility on Dutch Valley Road in Atlanta on April ...
Published 27/03/2023
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China: China Resources Beer reports slight drop in 2022 net profit
China Resources Beer (Holdings) Co. said on March 24 that its net profit fell slightly in 2022 as consumption weakened amid the Covid-19 pandemic.
The company's net profit fell to 4.34 ...
Published 26/03/2023
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Kenya, Uganda & Tanzania: Diageo completes partial tender offer to increase stake in East African Breweries
Diageo, through its wholly-owned indirect subsidiary Diageo Kenya Limited (Diageo Kenya), is pleased to announce that it has successfully completed the partial tender offer to increase its aggregate equity stake ...
Published 26/03/2023
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Vietnam: Heineken fighting planned Vietnam alcohol tax increase
Since 2022, Vietnam's government has debated whether to increase the special consumption tax that applies to harmful products such as alcohol, cigarettes and soft drinks.
Doing so, some think, would ...
Published 26/03/2023
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Australia: Alcohol-free beer consumption sees significant increase over the last two years
Theres been a significant increase in alcohol-free beer consumption among craft beer consumers over the last two years, according to a survey of more than 14,000 craft beer drinkers, the ...
Published 26/03/2023
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World: Barley crop 2023 forecast adjusted downward to 146.4 mln tonnes
RMI Analytics latest report leaves the forecast for world barley crop 2022 unchanged at 151.7 mln tonnes while for 2023, the crop has been adjusted downward to 146.4 mln tonnes. ...
Published 26/03/2023
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EU & UK: Barley crop forecast mostly unchanged for 2023
In crop 2023, the EU27+UK barley production is mostly unchanged, down slightly to 59.37 mln tonnes, but still up 0.58 mln tonnes over crop 2022, RMI Analytics said in their ...
Published 26/03/2023
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USA: Speculation circles around potential Heineken takeover of Boston Beer
It has not been a happy three years for Boston Beer, the craft brewer founded in the mid-1908s and which became a Wall Street favourite, The Drinks Business reported on ...
Published 26/03/2023
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