Concerning reports from the craft beer segment in recent months have got category commentator Stephen Beaumont worried. Has the notorious reputation of ‘beer culture’ eaten it’s own?
Rapidly increasing capacity in renewable electricity generation provides some positive news amid the increasingly doom-laden build-up to the COP 26 climate conference. However, Ben Cooper writes, the comparative lack of progress in decarbonising heat generation is a concern shared by drinks brand owners and their consumers.
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By GlobalDataNext month sees Just Drinks’ sister company, Arena International, host the ‘Innovation in Non-Alcoholic Beverages’ conference in London. In the run-up to the event, we caught up with one of the speakers, Tata Consumer Products’ head of global innovation, Liliana Caimacan.
References to the term’ Artificial Intelligence’ in beverage companies’ filings have soared in recent months, according to a recent data analysis by GlobalData. The appearance of the term in filings submitted by companies in the drinks industry increased by over 230% in the 12 months to the end of June compared to the corresponding period five years ago.
In Just Drinks’ results centre:
Campari Group has seen its 2021 sales growth move towards less lucrative territory, although strength remains impressive against the pre-pandemic period.
A post-pandemic influx to bars and other entertainment venues will help drive a spirits recovery for longer than expected, Campari CEO Bob Kunze-Concewitz has forecast.
Just Drinks thinks: “Revenge” is a powerful choice of word against a virus that has had so many socio-economic implications. Consumers are taking back to the on-premise at an impatient pace but the virus remains a real presence. If consumers keep flocking to bars, restaurants and live events, lockdowns and on-premise closures may not be a thing of the past. [Reporter Rhodri Morgan]
Heineken endured a torrid three months in Asia-Pacific, where the group’s beer volumes slumped by over a third.
Carlsberg has expressed surprise at its performance in the third quarter of 2021, with sales continuing to bounce back on the year-prior.
The Coca-Cola Co has slightly increased its full-year expectations after a strong third-quarter performance.
The Coca-Cola Co CEO James Quincey has warned of an unpredictable 2022 as the world emerges from the coronavirus pandemic.
Anheuser-Busch InBev shone in the third-quarter as premium beer growth helped the Budweiser owner surge past pre-pandemic levels.
C&C Group has hailed a return to profitability in the first-half despite sales remaining short of pre-pandemic levels.
On our news pages:
Scotland’s changing climate could have a marked effect on the flavour and consistency of Scotch whisky over the next 50 years, a new study has warned.
Just Drinks thinks: Climate change will affect the beverage industry in innumerable ways. Some of those, such as the sweeping implications to agriculture, can be foreseen, which means investment must be made now in mitigating the fallout of rising global temperatures. Some wine regions are ahead of the curve in this regard – distillers must learn from this and come together to safeguard their future. [Deputy editor Andy Morton]
The Coca-Cola Co has said a prototype bottle made from plant-based plastic is ready to be scaled up for commercial use.
The alcohol industry has welcomed a UK Budget that has significantly altered the way beer, wines and spirits will be taxed.
PepsiCo has expanded its global data-sourcing with the unveiling of two digital hubs in Dallas and Barcelona.
Anheuser-Busch InBev has launched a Budweiser-branded non-alcoholic energy drink in India.
iPro has signed a sponsorship agreement with global running company Parkrun.
Just Drinks thinks: “iPro Hydrate adorned the shelves of my local petrol station growing up in Cardiff and was a popular choice to fuel the post-school kickabout. It stands to reason, then, that the world’s largest 5-kilometre run group would follow suit. With so much activity within the energy and wellness categories, a tie-up with a global casual exercise fanbase could be very rewarding. [Reporter Rhodri Morgan]
