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Canada caps alcohol tax increase until 2026

Spiritz

The Canadian government has opted to limit the annual rise in alcohol excise taxes to 2 percent until 2026. These intiatives aim to support the alcohol industry and provide relief to businesses amidst economic challenges. The post Canada caps alcohol tax increase until 2026 appeared first on Spiritz Magazine.

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Moderato looks to more than quadruple non-alcoholic wine volumes by 2026

Just Drinks

to 2 million in 2026. The French 0.0% abv winemaker looks to hit 300,000 wine bottles this year, and between 1.5

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professionals

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Canada extends alcohol duty cap until 2026

Just Drinks

Canada's federal government is capping the duty on alcohol at 2% for two additional years following its introduction last year.

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The State of the Booze Business: What Does the Future Hold?

Booze Business

The alcohol industry stands out as it undergoes changes that are not only fundamental but also unique, driven by changing consumer preferences, technological advancements, and shifting demographics. One of the key factors driving the non-alcohol trend is the ‘sober curious’ movement. Dry January is a good example.

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IWSR Report: U.S. Alcohol Market Set to Regain Footing After ‘Reset Year’

VinePair

Although last year’s domestic alcohol sales were pretty grim, most are referring to 2023 as a reset year for the U.S. alcohol industry. High inventory levels are expected to persist into 2024 and potentially beyond, with normalization now not expected until 2025 or early 2026,” says president of the U.S. The future of the U.S.

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Diageo India exceeds its water replenishment target

Spiritz

Diageo India exceeded its water replenishment target by 25 percent, three years ahead of its 2026 goal, according to the company’s third annual ESG Reporting Index, which was released earlier this month. The report underlines the company’s continued progress in the ‘Spirit of Progress’ ESG action plan. In FY24, over 1.9

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Check Out The Biggest Winter Drink Trend Predictions from Monin + Cocktail Recipes Using Them!

Chilled Magazine

Turmeric has grown +44% over the past four years and the sought-after spice expected to grow an additional +55% though 2026! Non-Alcoholic Cran-Peary Shrub Ingredients 0.5 Spiced makes everything nice: Warm, seasonal spices are seen all throughout the industry in the colder months. Pour ingredients into mixing glass with 2/3 ice.

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