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Top industry news
14771 articles
World: Beer market developed in 2022 better than forecast
The international beer market developed better than forecast in 2022. Despite the economic crisis being felt around the world, output rose by 1.3 percent to 1.89 billion hectolitres, the BarthHaas . . .
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26 July, 2023
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World: Hop acreage declines in 2022 for the first time since 2014
After eight years of continuous expansion, hop acreage declined in crop year 2022 for the first time since 2014. The decline was very minor, however, amounting to only 96 ha, . . .
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26 July, 2023
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World: India forecast to stand out as key markets for alcohol brands in foreseeable future
With its immense population, surging incomes, and expanding global outlook, India is rapidly becoming a hotspot of opportunity for beverage alcohol brands in the foreseeable future, the Vino Joy News . . .
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24 July, 2023
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Canada: 2022-23 barley supply up sharply from last year’s record low
For 2022-23, Canadian barley supply is around 10.6 million tonnes (Mt), up sharply from last year’s record low of 7.92 Mt, supporting demand from both the domestic and international markets, . . .
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22 July, 2023
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India: United Spirits reports more than 22% jump in Q1 profit
India's United Spirits, which sells the Smirnoff brand of vodka and the Black Dog brand of whisky, reported a more-than-22% jump in Q1 profit on July 20, as tumbling costs . . .
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21 July, 2023
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USA: AB InBev gets bull rating from Morgan Stanley
'While the U.S. is obviously a huge market,' AB InBev 'is a truly global, and thus geographically diversified, brewer,' Morgan Stanley analysts said on July 20, but they expected U.S. . . .
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21 July, 2023
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World: Wheat prices rise sharply as Russia pulls out of the grain deal
Wheat prices have risen sharply on global markets after Russia said it would treat ships heading for Ukrainian ports as potential military targets, BBC reported on July 20.
Moscow pulled out . . .
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21 July, 2023
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France: Government considering initiative to increase taxes on alcohol
France's minister of economy, Bruno Le Maire, told Le Figaro on July 18 in an interview that the French government is considering an initiative to increase taxes on alcohol sales, . . .
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21 July, 2023
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Canada: Dry weather cutting into barley production prospects
Dry weather across the Canadian Prairies may be cutting into barley production prospects, keeping domestic feed prices underpinned for the time being despite the likelihood of large corn imports from . . .
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21 July, 2023
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World: Global whisky category forecast to increase by 2028
The global whisky category is forecast to increase in value by US$88.85 billion by 2028, new research has revealed, The Spirit Business reported on July 18.
The Global Whisky Market Overview, . . .
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19 July, 2023
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