According to The “Alcoholic Beverages Market Forecast 2024-2032” report, the global alcoholic beverages market size reached a value of USD 1.75 trillion in 2023. Aided by the rising global consumption of alcoholic drinks and increasing demand for premium and craft beverages, the market is projected to further grow at a CAGR of 3.20% between 2024…
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Canadian Manufacturers & Exporters (CME), through its Ontario Made Program, is excited to announce the signing of Memorandums of Understanding (MOUs) with three different esteemed associations – Ontario Craft Wineries, Ontario Craft Cider Association, and Ontario Craft Brewers. Each MOU was signed individually with each association to strengthen collaboration and support Ontario-made products. “The Ontario…
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As New Brunswick works to remove interprovincial alcohol trade obstacles, craft breweries in Nova Scotia want to sell their goods in neighbouring provinces. Customers would be able to purchase alcohol directly from provinces and territories with comparable regulations under proposed modifications to New Brunswick’s Liquor Control Act. Additionally, the government wants to do away with…
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Lallemand Brewing, a global leader in yeast science and production, and EvodiaBio, an award-winning Danish bio-industrial start-up, are proud to announce their strategic partnership in bringing Yops™ to the brewing industry. Yops™ is a groundbreaking, natural, yeast-derived aroma solution, designed to enhance the flavor profile of low- and no-alcohol beers (NABLABs). At Lallemand Brewing, we…
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A collaborative study has uncovered evidence of rice beer dating back approximately 10,000 years at the Shangshan site in Zhejiang Province, China, providing new insights into the origins of alcoholic beverage brewing in East Asia. This discovery highlights the connection between rice fermentation at Shangshan and the region’s cultural and environmental context as well as…
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North America Beer Market Report from Data Insights Market highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player’s market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These…
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American hops are a crucial component of beer, and the craft brewing sector in British Columbia is pleading with the federal government to avoid imposing a tariff on them. Canada is considering imposing 25 percent tariffs on an additional $125 billion in imports, including hops, in addition to the 25 percent duties it has already…
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Some Alberta breweries are crying foul after changes to the Alberta Gaming Liquor Cannabis (AGLC) beer markup schedule were proposed in the recent Alberta budget. “It all couldn’t have happened at a worse time,” said Blair Berdusco, executive director of the Alberta Small Brewers Association. The ASBA says recent changes to AGLC’s beer markup schedule…
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Les Brasseurs du Nord, a pioneering microbrewery in Quebec and well known for its Boréale beer brand, is proud to announce the acquisition of Sober Carpenter, a Quebec-based brewery specializing in the production of non-alcoholic beers and Clever ready-to-drink mocktails. Sober Carpenter has received multiple awards for the quality of its products and is distributed…
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Report with market evolution powered by AI – The global craft beer market size is estimated to grow by USD 123.2 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 13.7% during the forecast period. Increasing popularity of craft beer in developing countries is driving market growth, with…
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