Industry News

Global beverage alcohol rebounds, with value reaching US$1.17 trillion

06/07/2022 - IWSR Drinks Market Analysis

Global beverage alcohol value grew by +12% last year to reach US$1.17 trillion, making up for Covid-driven value losses of -4% in 2020. Total alcohol volume grew by +3% in 2021, after losses of -6% the year prior.

Examining the industry from across 160 countries throughout the world, IWSR forecasts compound annual volume growth of just above +1% for total beverage alcohol over the next five years, as Covid restrictions continue to ease.

NBWA Releases April Beer Purchasers' Index

Erin Donar - 05/03/2022 - NBWA

For the fourth month in a row in 2022, the beer industry continues to revert to pre-pandemic trends.

NBWA Legislative Conference Returns to Capitol Hill; RTDs, Treasury Report Key Topics

Jessica Infante - 04/08/2022 - Brewbound

National Beer Wholesalers Association (NBWA) members gathered in Washington, D.C., this week to meet with members of Congress in person for the first time in more than two years as part of the trade group's annual legislative conference.

Outreach to lawmakers and regulators earned the beer industry the essential designation that allowed it to continue operating during the most locked-down period of the COVID-19 pandemic, NBWA president and CEO Craig Purser reminded attendees before briefing them on the group's legislative priorities ahead of their visits to Capitol Hill.

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Are To-Go Alcohol Sales Still Boosting Bottom Lines for Business?

Brianna Pacelli - 03/28/2022 - In Business Greater Phoenix

After two years of fewer diners and lost revenue, the permanent ability to still sell liquor to-go is helping restaurants rebound from the COVID closures.

The nationwide lockdown in March 2020 forced many restaurants to temporarily close, alter business plans or shut down entirely. As pandemic uncertainty grew, Arizona Gov. Doug Ducey signed an executive order allowing the to-go sale of alcoholic drinks.

Trend Spotting in 2022: An Insider’s Take on the Quiet Revolution Going on in Craft Beer

Kevin McGee - 03/28/2022 - Rolling Stone

Craft beer has quietly undergone the repositioning of itself over the past two pandemic-infused years. The transition is taking craft beer from the guise of purposefully exploding smoothie beers and slime beer back to emphasizing the fundamentals of what craft beer was in the 1990s. And thank God — it's about time beer started tasting like beer again.

Missouri Drops Bomb on Jägermeister, Levies $11.75 Million Fine on Spirits Brand for Franchise Law Violations

David Morrow - 11/29/2021 - MSN

Jägermeister was ordered to pay $11.75 million in damages after a Missouri federal jury found Mast-Jägermeister in violation of the state's Franchise Act. The German liquor company attempted to "terminate without cause" its relationship with family-owned Missouri beverage distributor Major Brands, which was the distributor of Jägermeister in Missouri, and replace it with national distributor Southern Glazer's Wine & Spirits, according to Law360.

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