Read the latest beyond beer news relating to companies involved with RTD cocktails, hard cider, hard seltzer, hard kombucha, spirits, cannabis, and non-alcoholic products. Take a comprehensive look at developments in these evolving sectors, offering valuable insights into the innovations, trends, and market forces shaping the world of beer and beyond.
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Former Angry Orchard head cider maker Ryan Burk has joined Blake’s Beverage Company as VP of quality and innovation. Burk has been advising Blake’s and its portfolio of brands – Blake’s Hard Cider, Austin Eastciders and AVID Cider Co. – for a couple years, including through the launch of its most recent innovations.
Allagash Brewing is launching its first non-alcoholic (NA) offering this week with the release of Allagash Hop Water. Hop Water will exclusively be sold in 12 oz. can 6-packs at the brewery’s tasting room in Portland, Maine, starting later this week.
The once-booming flavored malt beverage (FMB) segment is “showing some concerning declarations over recent weeks,” Bump Williams Consulting (BWC) founder Bump Williams noted in a recent report. FMB volume gains dropped by half – from +2.2%, to +1.1% – from the four-week period to the one-week period ending May 18, according to NIQ retail measurement data cited by BWC.
Cowen is lowering its fiscal year 2023 estimates for Boston Beer Company, analyst Vivien Azer wrote in a report today, noting the financial services firm has become “increasingly skeptical” that Boston Beer will meet its guidance of +4%-+10% shipment and depletion growth.
In the on-premise channel, bars and restaurants have earned more than $12,000 on average from the sale of cocktails in the first quarter of 2022, compared to the 12 weeks that ended October 22, reported CGA, which focuses on on-premise retail occasions.
Ball Corp., the world’s largest aluminum beverage can manufacturer, has partnered with the investment firm Manna Capital Partners to create an aluminum can sheet rolling mill and recycling center in Los Lunas, New Mexico.
Seven states plus the District of Columbia currently allow distillers to ship direct-to-consumer (DTC), but that number may be changing with a new bill making its way through the California Legislature.
Boston Beer Company’s plans in the non-alcoholic cannabis-infused beverage space are beginning to play out one year after establishing a Canadian subsidiary to focus on those offerings.
Anheuser-Busch InBev’s beyond beer division is organizing itself around four priorities: hard seltzers, Cutwater Spirits, Nütrl Vodka Seltzer and Ghost Energy, beyond beer business unit president Fabricio Zonzini shared during Beer Marketer’s Insights’ spring conference in Chicago last week.
The majority of distributors (70%) are seeing better growth for beer this spring, respondents told financial services firm Jefferies in a survey published today.
Sonoma County-based Golden State Cider founders Jolie Devoto and Hunter Wade have sold the 10-year-old business to Christopher and Ariel Jackson, according to The Press Democrat.
With both tequila’s and mezcal’s growth rates soaring, the agave spirits category could surpass vodka in a number of years, according to the Distilled Spirits Council of the United States. While not an agave spirit, another new product from Mexico is starting to build an audience: Sotol.
Sonic Hard Seltzer — the drive-thru fast-food chain’s collaboration hard seltzer brand with Oklahoma City’s COOP Ale Works — is now available nearly statewide in 30 states as part of the spring resets.
On May 15th, the first-ever Asian craft hard seltzer brand, Lunar, will launch the second in its series of limited-edition collaborations with iconic Asian restaurants in New York City.