Beverages
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EU antitrust regulator closes regulatory probe into Coca-Cola, bottlers
EUROPE – The European Commission has closed its preliminary investigation into whether Coca-Cola and two of its bottling subsidiaries had potentially conducted anti-competitive practices by…
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Gin export from UK bounces back as exports to EU decline by 4%
UK – The total value of UK gin exports increased by £189.4 million to £730.9 million (US$776.59m), up by more than one-third on 2021 figures,…
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IWSR research provides insights into how brewers adapt to changing drinking patterns
GLOBAL – In the decade to 2021, global beer consumption had slipped by -4%, prompting brewers to accelerate their innovation to stay resilient, as IWSR…
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AB InBev reports mid-single digits revenue growth in South Africa
AFRICA – Anheuser-Busch InBev (AB InBev), the world’s largest brewer, has reported double-digit top-and-bottom-line growth in South Africa with record-high full-year volumes despite capacity constraints…
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Monster Beverage revenue leaps 13.9% in FY22 boosted by pricing actions and moderating supply chain challenges
US – Energy drinks giant, Monster Beverage Corporation, has posted a revenue surge of 13.9 percent to US$6.31 billion, from US$5.54 billion in 2021 despite…