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Top industry news
14760 articles
Japan: Japan’s craft beer sector remains resilient amid market slowdown
Japan’s craft beer sector remains resilient amid a slowdown in its beer market. Demand for craft beer in Japan is forecast to have a compound annual growth rate (CAGR) of . . .
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10 January, 2024
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China: Budweiser may have its first carbon-neutral malting plant in Jiangsu province by year-end
Budweiser Brewing Co APAC Ltd, the largest beer company in the Asia-Pacific in terms of sales revenue, may have its first carbon-neutral malt house in Yangzhou, Jiangsu province by year-end, . . .
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10 January, 2024
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UK: Malting barley premiums remain elevated
UK’s malting barley premiums reached record highs throughout the first few months of the season. In November, on average the gap between feed and malting barley eased slightly though remained . . .
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10 January, 2024
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UK: Simpsons Malt to build a new peating plant in Berwick to double production capacity for peated malt
Simpsons Malt Limited has been granted planning permission by Northumberland County Council to build a new peating plant on land at its Tweed Valley Maltings headquarters in Berwick, the Northumberland . . .
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10 January, 2024
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France: 250 breweries could close down this year, study finds
Abound 10% of France’s breweries face potential closure in 2024, a poll by the National Syndicate of Independent Breweries (Syndicat National des Brasseries Independentes - SNBI) has revealed.
The syndicate polled . . .
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09 January, 2024
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China: Beer stocks fall on poor year-end sales
Chinese and Hong Kong beer companies were among the worst performers on Hong Kong and Chinese stock markets which saw substantial falls on the first trading day of 2024. On . . .
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08 January, 2024
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USA: Constellation Brands' third-quarter sales fall short of market expectations
Corona beer maker Constellation Brands' third-quarter sales fell short of market expectations on January 5, as demand for its higher-priced spirits and wines slowed down in the face of sticky . . .
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05 January, 2024
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Malaysia: Beer sector expected to benefit from tourism recovery
Brewers in Malaysia are expected to benefit from a boost in beer consumption fuelled by tourism recovery, the New Straits Times reported on January 4.
"We have BUY ratings on both . . .
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04 January, 2024
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Ethiopia: BGI Ethiopia acquisition of Meta Abo Brewery signed off by Ministry of Trade and Regional Integration
The Ministry of Trade and Regional Integration has approved the acquisition of Meta Abo Brewery by BGI Ethiopia, The Reporter Ethiopia said on January 2.
A letter dated January 1, 2024, . . .
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03 January, 2024
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Thailand: Analysts like ThaiBev’s prospects after Thai government approved tax cuts on alcoholic beverages
Analysts from CGS-CIMB Research, DBS Group Research and KGI Research are keeping their “add” and “buy” calls on Thai Beverage Y92 0.00% (ThaiBev) after the Thai government announced that it . . .
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03 January, 2024
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