Just Drinks

Daily Newsletter

13 September 2023

Daily Newsletter

International Beverage scoops New Zealand’s Cardrona Distillery

Malcolm Leask, UK managing director of International Beverage, said the deal “strengthens our premium spirits portfolio for the global market”.

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Non-alcoholic beverages (NAB) market remain resilient despite inflationary pressure

Per GlobalData analysis, the NAB market has a strong outlook in terms of value and steady forecasting for volume up to 2026. The industry has been resilient to the pandemic and inflationary pressure as consumers continue to up their intake of NABs. Rising health and wellness trends mean that a growing number of consumers are swapping alcohol consumption for NABs while others are adding more drinks to their diet for improved hydration and extra nutritional value from fortified and functional NABs.