With industry conferences and gatherings put on indefinite hold, webinars, podcasts and other virtual platforms are becoming widely available to industry members. ProBrewer has posted a dedicated resource site to list the many virtual events that are taking place to help brewers and others in the industry.
Can Shortage Concerns Grow
Everyone in the industry knows that aluminum beverage cans have been in high demand, even before the virus crisis. With the growing popularity of canned wine and cocktails, combined with booming sales of hard seltzer, the pressure has been on the can manufacturers to increase supply. But when the COVID-19 crisis forced beer out of… Read More…
Breweries Forced to Food Sales in Many States as Only Way to Stay Open
As states look at ways to reduce group gatherings and social interaction to control rising covid cases, the requirement to serve food in order to sell alcohol is becoming more widespread across the country. Since new guidelines were issued in mid-July, breweries in California can only seat customers outside – no inside service is… Read More…
ABInBev and Molson Coors Show Big Drop in 2nd Quarter Financial Reports
In a peek at how the global pandemic is impacting the worldwide beer market, Anheuser-Busch InBev disclosed their second quarter earnings yesterday. Global revenue declined by 17.7% in the second quarter compared to the same period last year with a decline of 12.0% year-to-date. Beer volume was down 17.0%. The worlds largest brewer showed signs… Read More…
Coca-Cola Joins the Hard Seltzer Party
How popular is hard seltzer these days? Seems like no one in the beverage business wants to be left on the sidelines, including Coca-Cola, who has announced that they will launch a hard seltzer under the brand Topo Chico. The drink will initially be test-marketed in select cities in Latin America. Full story here.
BA-Defined Craft Down ‘About’ 10% in First Half of 2020
The Brewer’s Association mid-year production survey indicates that BA-defined craft brewery production is down about 10% through the first half of 2020 compared to the same period last year. But it comes with a catch, BA chief economist Bart Watson explains. “Analyzing our survey data, and more generally thinking about the midyear numbers, it… Read More…
Answering the Question: What is the Allure of Hard Seltzer
The explosion in the hard seltzer category is unprecedented in the alcohol beverage business. A $3 billion category was built in a little over two years. Why? How did this happen? What is the allure of hard seltzer? A “flavorist” answers the questions in part by saying that Zoomers and Millennials are not really… Read More…
Concerns Rise Over Possible Shortage of Aluminum Cans
A mass migration of beer that was once racked into kegs for the on-premise now being packaged into cans. The rapid growth of hard seltzers, canned cocktails and canned wine, which was taking even off even before COVID-19 and now exploding during the pandemic. The confluence of these two trends has created a concern… Read More…
UK Considers Calorie Labeling on Alcohol
The UK government has said it may require calorie labeling on alcohol beverage products in an effort to tackle the country’s obesity problem. It is one of many measures the government has revealed as part of a new anti-obesity strategy, including ending ‘buy one get one free’ deals on unhealthy food sold in stores,… Read More…
Firestone Walker to Test Market ‘805 Cerveza’
According to an article in Brewbound, Firestone Waller will test market a line extension of the hugely successful 805 brand. 805 Cerveza, brewed with lime, will be test marketed in three counties near and around the central California coast brewery. According to the article, Firestone Walker produced 525,000 barrels of beer last year, and… Read More…
UK to Lower Small Brewers Tax Break
The UK government has lowered the threshold for breweries to stop receiving some tax breaks on the beer they produce. The Small Breweries’ Relief was introduced in 2002, and was meant to help newer breweries become profitable and compete with big players like Heineken or AB InBev. The relief gives any brewer producing less… Read More…
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