Demand for ready-to-drink (RTD) products continues to grow amongst consumers, with the category expected to account for 8% of total beverage alcohol by 2025 according to a new report from IWSR Drinks Market Analysis.

Carlsberg has upgraded its full-year profit guidance after reporting that sales volumes have now exceeded pre-pandemic levels.

Korean Soju giant Jinro has topped Drinks International's The Millionaire Club for the 20th year in a row having added 9m 9-litre cases in 2020.

AB InBev reported a 4% revenue increase in Q3 after enjoying surging sales in Brazil, Mexico and the United States.

Danish brewer Carlsberg expects to report an organic operating decline of 10% to 15% this year as a result of on-trade closures.

A study suggests that alcohol consumption has remained broadly stable during the coronavirus lockdown in Belgium.

Distell, South Africa’s leading wine and spirits producer, has reported a 15% growth in revenue for the year to June 2012 and a 9.9% increase in sales volumes across its portfolio of wines, spirits and RTDs in both domestic and international markets.

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Comment

Tess Posthumus

Staffing crisis could open opportunities

The pandemic has thrown many challenges at bar owners over the past couple of years and the ones that survived the various lockdowns and restrictions deserve a pat on the back. However, while revenues are returning and bars are beginning to recruit once more, we’ve come up against a whole new set of problems, one of which is a global starring crisis.

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