As economic uncertainty persists into 2025, a number of growth opportunities are manifesting themselves for beverage alcohol. Emerging economies offer a buoyant counterpoint to more subdued mature markets, and nascent growth in the on-trade sounds a note of optimism for the year ahead. The global drinks industry is facing a “subdued but opportunity-rich” trading environment…
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Conservatives will axe the escalator tax on wine, beer and spirits back to 2017 levels, ending the automatic annual tax increases, and bringing home lower prices for Canadians and relief for businesses. Conservative Leader Pierre Poilievre announced today he will axe the automatic annual tax increases on alcohol that the Mark Carney Liberals hiked again…
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BarTrack, the industry leader in beverage monitoring and data-driven efficiency, is excited to announce the commercialization of its latest addition to its Smart Draft™ Portfolio: Smart Glycol™ Monitoring. This innovative solution, developed in partnership with Micro Matic, showcased at the North American Association of Food Equipment Manufacturers (NAFEM) Show 2025 and is set to transform…
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Nearly half (49%) of Americans say they plan to drink less alcohol in 2025, a 44% increase since 2023 and further proof the sober curious movement continues to gain momentum. The percentage of those planning to cut back on alcohol consumption has been trending consistently upward over the last three years. In 2023, 34% of…
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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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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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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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