Investment aims to fuel long-term growth to meet rising consumer demand for non-alcoholic beer Athletic Brewing Company, America’s largest non-alcoholic brewery, announced it has closed a $50 million equity financing round led by General Atlantic, a leading global growth investor, with participation from multiple existing investors. Athletic plans to use the new capital to drive…
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Ontario also making regulatory changes to cut red tape for alcohol sales in bars, restaurants and grocery stores As the next step in the government’s plan to give people in Ontario more choice and convenience, licensed grocery stores will be able to order ready-to-drink beverages and large beer pack sizes starting Thursday, July 18,…
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A&W Canada is partnering with Canada’s largest brewer, Labatt Breweries of Canada, to pilot serving a non-alcoholic beer in its Ontario restaurants. This collaboration makes A&W the largest Canadian quick-service restaurant that will offer beverages in the non-alcoholic beer category to its guests, highlighting the growing trend and popularity of this category and catering to…
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The Brewers Association (BA)—the not-for-profit trade association dedicated to advocating for small and independent American craft brewers—announced the retirement of president and CEO Bob Pease. After 32 years with the Brewers Association, Pease will step down in early 2025 once his successor is in place. “After careful consideration, I believe it is time to help…
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Tilray Brands, Inc. (“Tilray Brands” or “Tilray”) (Nasdaq | TSX: TLRY), a leading global lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, announced the launch of Runner’s High Brewing Company, a new non-alcoholic brand from Tilray Beverages. For those who love a great beer flavor…
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The latest report by IMARC Group, titled “Craft Beer Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the craft beer market overview. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. The global craft beer market size reached US$…
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Just in time for Summer, Destination Toronto has launched the Toronto Brew Pass, with one-day, three-day, and seven-day options and the choice of 23 distinct craft breweries throughout Downtown, Midtown, West End, East End, Don Valley and Etobicoke. The pass offers up to four tastings per day, with some breweries offering a tasting flight and…
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Advance Market Analytics published a new research publication on “Global Brewery Management Software Market Insights, to 2030” with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Brewery Management Software market…
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Pacteon Group, a leader in End of Line Packaging Equipment Solutions, announced today the successful acquisition of Descon Integrated Conveyor Solutions, a prominent provider of integrated conveyor systems for the food and beverage industry. This strategic move marks a significant milestone in Pacteon’s growth strategy and reaffirms its commitment to product handling expertise. The acquisition…
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The global alcoholic beverages market size is estimated to grow by USD 261.6 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 2.09% during the forecast period. Increase in popularity of craft segment is driving market growth, with a trend towards increasing consumption of alcoholic beverages. However, prominence…
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