Global mezcal market expected to reach $2.1 billion by 2031
The global mezcal market is expected to reach $2.1 billion by 2031, new data by Straits Research has revealed.
The tequila industry enjoyed record levels of production and exports in 2020, according to the Consejo Regulador del Tequila (CRT).
Chinese alcohol industry suffers 8.6% revenue drop
China’s alcoholic drinks production sector decreased by 8.6% to 249.7 billion yuan ($35.2 billion) in the first four months of 2020, according to new government figures.
Austrian wine exports set a record
Exports of Austrian wine by value have exceeded estimates as a result of higher prices and a decline in bulk wine.
Irish Distillers confirms £100m expansion
Irish Distillers Pernod Ricard has confirmed it will spend €100m on the 2012 expansion of its Midleton Single Distillery, the site where Jameson is produced.
Heineken buys two Ethiopian breweries
Africa: Heineken has purchased two breweries in Ethiopia for a total of US$163 million.
Chile: The Asociación de Viñas de Colchagua and the Colchagua Valley Wine Route have estimated a loss of 25 million litres of wine as a result of the earthquake.
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Ben Branson on the future of non-alc spirits
In his inaugural column for Drinks International, Branson takes a wider look at the overall non-alcoholic spirits sector to identify which brands will thrive and which won’t survive.
