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Top industry news
14768 articles
USA: Beer imports rise notably in July 2023
Beer imports into the United States rose notably to 458M litres in July 2023, growing by 6.7% on the previous month’s figure. In general, imports showed a relatively flat trend . . .
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02 October, 2023
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USA: Tilray Brands completes acquisition of eight beer and beverage brands from AB InBev
Cannabis company Tilray Brands, Inc. said it has closed its all-cash previously-announced acquisition of eight beer and beverage brands from Anheuser-Busch, including the breweries and brewpubs associated with them, Benzinga . . .
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02 October, 2023
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USA: Barley acreage up 4.8% in 2023
The U.S. Department of Agriculture issued its small grains 2023 summary on September 29, showing a 10 per cent increase in all wheat production in 2023 of 1.81 billion bushels.
While . . .
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01 October, 2023
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Nigeria: Nigerian brewers see 152% surge in finance costs due to naira devaluation
Nigerian beer makers have recorded a 152% surge in finance cost to N117.96 billion in the first half of 2023 due to the naira devaluation, BusinessDay NG reported on September . . .
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30 September, 2023
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China: China craft brewers welcome return of Australian barley imports
The return of Australian barley imports to China has brought a happy buzz to at least one industry - brewers of craft beers who are hoping for a much-needed reduction . . .
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29 September, 2023
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China: Tsingtao Brewery achieves 12% increase in first-half revenue
Tsingtao Brewery Co Ltd generated higher first-half top and bottom line growth rates, fueled by ongoing investments in middle- and high-end products, the China Daily reported on September 28.
In the . . .
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29 September, 2023
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UK: Number of independent breweries still rising in the UK
The recent gloomy figures on pub closures in the UK may have made you think it’s last orders for the beer industry, but nothing could be further from the truth, . . .
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29 September, 2023
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World: Diageo remains well-positioned to deliver on its annual guidance
Drinks giant Diageo said on September 28 it remained well-positioned to deliver on its guidance, despite ongoing cost pressures and macroeconomic uncertainty, the London South East reported.
Addressing shareholders ahead of . . .
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29 September, 2023
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Vietnam: Sluggish economy hitting Vietnam’s thirst for beer
Vietnam’s sluggish economy is hitting many where it hurts the most: their thirst for beer, Bloomberg reported on September 28.
Tipplers in this beer-swilling country are cutting back on their one . . .
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28 September, 2023
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China: Beer industry enters period of high-quality output and diversification - China Alcoholic Drinks Association
The beer industry in China has entered into a period of high-quality output and diversification, with more growth in productivity and sales anticipated, said top industry experts and players, China . . .
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28 September, 2023
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