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Craft beer industry news.

IWSR: Five Trends Impacting Global BevAlc Growth

IWSR: Five Trends Impacting Global BevAlc Growth

Global beverage alcohol is projected to deliver over $21.6 billion to the global economy by the end of 2023, with premium plus segments and no/low alcohol representing bright spots, according to a report from the IWSR Drinks Market Analysis released today.

Outside Lands Reveals Its 2023 Drink Lineup Including 30 of California’s Finest Breweries and Cideries

Outside Lands announces its drink lineup, preparing fans for all of the ways in which they can raise a glass to incredible music, delicious food, and 15 years of Outside Lands. Pairing with the festival’s 90+ performances and Taste of the Bay Area’s 96 restaurants, are three distinct beverage experiences: Cocktail Magic, Wine Lands, and Beer Lands.

River North Brewery’s Award Winning Chocolate Porter Is Back

A gold medal win at the World Beer Cup is no small feat. River North Brewery will be throwing a party to re-release Midnight Hike imperial porter to honor its gold medal award at the largest beer competition in the world.

Survey Says: Beer Distributors Believe Bud Light Has Suffered Permanent Damage

Survey Says: Beer Distributors Believe Bud Light Has Suffered Permanent Damage

A pair of beer distributor surveys found that many in the middle tier believe that the conservative led boycott of Anheuser-Busch’s Bud Light brand may be permanent. Financial services firm Jefferies’ survey found that a majority (65%) of distributors surveyed expect the Bud Light downturn to last at least another six months, while 32% believe it could be permanent. A separate distributor survey by Goldman Sachs analyst Bonnie Herzog found that most respondents are “pessimistic about the potential for a full recovery” of Bud Light’s “brand equity and market share.”

Diageo CEO Sir Ivan Menezes Has Died

Diageo CEO Sir Ivan Menezes Has Died

Sir Ivan Menezes, who has guided bev-alc giant Diageo as CEO for nearly a decade, has died “following a brief illness,” the company announced today.