Three Trends To Watch From Circana’s State of Beverage Alcohol Report

Three Trends To Watch From Circana’s State of Beverage Alcohol Report

To find out the top trends in beverage alcohol, we chatted with Scott Scanlon, executive vice president of beverage alcohol at Circana, about some of the bigger trends for producers that emerged from this year’s report including who is drinking RTDs, how the stalled on-premise rebound impacts trial and why premiumization has staying power.

Monster: Q1 Net Sales +11.9% As ‘Beast’ Boosts Booze Division

Monster: Q1 Net Sales +11.9% As ‘Beast’ Boosts Booze Division

Boosted by triple-digit growth from its nascent alcohol division, Monster Energy beat analysts’ predictions in reporting an 11.9% year-over-year rise in net sales in its Q1 2023 earnings report on Thursday afternoon.

Sazerac CEO Mark Brown to Step Down, Replacement Named

Sazerac CEO Mark Brown to Step Down, Replacement Named

CEO of Sazerac Mark Brown plans to leave his role next month, according to reporting by Louisville Business First. The move is part of “a long-signaled and eight-year succession plan,” that will see Brown move to the role of executive chairman.

Brewbound ICYMI: Join Us for Brew Talks This Sunday

Brewbound ICYMI: Join Us for Brew Talks This Sunday

The first Brew Talks meetup is set for Sunday, May 7, at Nashville Underground. We’re going to start off Craft Brewers Conference week with two big talks, plus beers and networking.

Ball: Global Beverage Can Shipments -6.7% in Q1; ‘Low-Single Digit’ Volume Growth Projected in 2023; Beer Industry Promotions Needed

Ball: Global Beverage Can Shipments -6.7% in Q1; ‘Low-Single Digit’ Volume Growth Projected in 2023; Beer Industry Promotions Needed

Ball Corporation reported that global beverage can shipments declined -6.7% in the first quarter of 2023. For the full year, the can manufacturer is estimating that its global volume growth will be in the “low-single digits,” with volume in North America “slightly down.” Leaders discuss need for beer companies to launch promotions.