Zero alcohol sector to grow by $4 billion by 2028
Drinks International
DECEMBER 18, 2024
The zero alcohol drinks market is expected to grow by $4 billion by 2028 according to new data from IWSR. Across 10 key markets, the no and low alcohol.
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Drinks International
DECEMBER 18, 2024
The zero alcohol drinks market is expected to grow by $4 billion by 2028 according to new data from IWSR. Across 10 key markets, the no and low alcohol.
Just Drinks
JUNE 25, 2024
France’s Tequila market is predicted to more than double in value between 2023 and 2028, data from GlobalData shows.
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Just Drinks
JULY 1, 2024
South Korea’s whisky market is expected to remain flat in volume terms between now and 2028, GlobalData analysis shows.
Just Drinks
AUGUST 2, 2024
By 2028, Asia-Pacific volume sales of low-calorie soft drinks will register 8% CAGR, hitting 10.2 billion litres, GlobalData findings show.
VinePair
JUNE 26, 2024
will be a major player in growth within the world’s “mature alcohol markets” down the line, pushing nearly $8 billion in incremental gains come 2028. While the category experienced a 2 percent decline last year, it’s only expected to increase by 1 percent between now and 2028. The future of the U.S. Premium Beer or Bust The U.S.
PubClub
DECEMBER 21, 2023
DUBLIN–(BUSINESS WIRE)–The “Aircraft De-Icing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” report has been added to ResearchAndMarkets.com’s offering. Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028. Overview 4.2 Type III 6.4
Just Drinks
DECEMBER 18, 2024
Spirits sales in Brazil are forecast to rise by more than 4% a year in volume terms up to the end of 2028, with growth predicted across all categories.
Spiritz
JANUARY 14, 2024
The International Olympic Committee (IOC) has announced that AB InBev will become a Worldwide Olympic Partner (TOP Partner) till 2028.The
Spiritz
MARCH 22, 2024
million youth could be trained to meet an expected incremental labour demand of 3 million workers between 2025-2028. Additionally, there was a notable interest in gig work among youth, but concerns were raised regarding its lack of structure and limited career advancement opportunities. The study estimated that 5.7
Spiritz
JULY 29, 2024
for APAC & IMEA from 2023-2028, the highest in GTR. .” Tapping into High Growth Markets The premium spirits market in AMEA is on the cusp of transformation, and Platinum Liquids is at the forefront of this shift. “Emerging markets are driving immense opportunities,” he explains.
Cheers
APRIL 26, 2024
1, 2028), New Jersey (TBD), New York (expires April 9, 2030) and Vermont (expires July 1, 2025) passed legislation to allow cocktails to-go on a temporary basis. States that signed legislation to allow cocktails to-go on a temporary basis into law: California (expires Dec. 31, 2026), Colorado (expires July 1, 2025), Illinois (expires Aug.
Just Drinks
JANUARY 12, 2024
Anheuser-Busch InBev has struck a deal for its non-alcoholic Corona Cero brand to be the global beer sponsor of the Olympic Games through to 2028.
VinePair
JULY 12, 2024
Corona Cero will also serve as the International Olympic Committee’s global beer sponsor in 2026 and 2028. The corporation is also putting forth Michelob Ultra as the official beer sponsor of Team USA for this year’s Olympic and Paralympic Games, as well as those in 2026 and 2028.
VinePair
SEPTEMBER 9, 2024
According to the IWSR, the non-alcoholic beverage industry is predicted to swell at a CAGR of 17 percent from 2023 to 2028. While just 21 percent of the entire U.S. drinking public reports ceasing consumption for an entire month, approximately 31 percent of millennials claim they abstain.
The Whiskey Wash
MARCH 18, 2024
Springbank 26 Year Old Countdown Collection Springbank Distillery has revealed the 2024 release in the Countdown Collection , counting down to the distillery’s bicentenary in 2028. The 26 year old whisky was matured in three re-fill bourbon hogsheads and bottled at 51.2% ABV with a retail price of £2,500 (~$3,185).
VinePair
DECEMBER 14, 2023
An additional payment of $120 million is expected to be payable in 2029 if the net sales target is reached in 2028, potentially giving the acquisition a value of $1.32 Italy’s Campari Group has committed to buy premium cognac house Courvoisier from Beam Suntory in a landmark deal, according to a Thursday press release from the brand.
VinePair
APRIL 17, 2024
million in revenue by 2028 — a massive increase from the reported $235.7 Boxed wine has been embraced by the drinking public, but canned wine has been a slower burn. In spite of that, according to Grand View Research , the global market for canned wine is expected to rise to $571.8 million from 2021.
Spiritz
NOVEMBER 14, 2024
Amulya further disclosed from research findings that affluent class in India, which includes persons with an annual income of 10,000 USD per annum, is 39 million at present, but is expected to increase to 90 million by 2028, which is more than the population of Germany, the UK and South Korea.
PubClub
APRIL 8, 2024
BASINGSTOKE, England–(BUSINESS WIRE)– #besttravelesim –A new study from Juniper Research , the foremost experts in telecommunications markets, found that the global number of travel eSIM users will grow from 40 million in 2024 to over 215 million by 2028.
VinePair
APRIL 4, 2024
Jackson Family Wines will also support the Team USA basketball teams and collaborate with them on activations ahead of this summer’s Olympics in Paris and the 2028 Olympics in Los Angeles. These brands will also head up several smaller activations with the NBA and WNBA, with events like ticketed wine dinners for VIPs.
VinePair
APRIL 1, 2024
According to the brand, it’s on track to have 1,000 locations by 2028. It was founded in East Lansing, Mich., in 1995 by friends Bob Fish and Michael McFall, and now features over 350 locations across 13 states. Dunn Brothers Coffee After gaining experience as roasters in Portland, Ore.,
VinePair
AUGUST 5, 2024
percent in 2023, and is “steadily climbing towards $100+ billion” by 2028 , thanks in part to the explosion of youth-courting RTD cocktails. CEO, Charles Gibb, has been quoted in product rollout press releases noting the untapped potential of ginger ale as a mix-in for premium dark spirits. Indeed, per Mintel, the U.S.
Bar Magazine
DECEMBER 5, 2023
we are pleased to confirm that TNT Sports will continue to show live and exclusive Premier League matches for a further four years, through to the 2028/29 season.
PubClub
APRIL 23, 2024
The contract will expire January 15, 2028, just before the world turns its attention on Los Angeles for the XXXIV Olympiad. an hour raise in the first year; workers will have $10,400 more to pay for rent, to feed their families 40 to 50% wage increases for non tipped workers over the 4.5
VinePair
DECEMBER 29, 2023
Though the partnership was set to expire in 2023, the Champagne house and the tennis club have renewed their partnership , which is now set to expire in 2028. In 2001, the Champagne house finally became the official Champagne of Wimbledon. During World War I, Champagne Lanson’s cellars housed hundreds of refugees.
Bar Magazine
DECEMBER 6, 2023
On Sky Sports the Premier League sits alongside more top-quality sport than anywhere else, including: English Football League – coverage increasing to over 1,000 matches each season from 2024/25 in a groundbreaking five-year partnership Scottish Professional Football League – increase in SPFL matches through to 2029 Women’s football – 35 Women’s Super (..)
Spiritz
JULY 18, 2024
By 2028, this market is expected to reach a value of US$87.74 The increasing demand for premium spirits among affluent urban Indian consumers points to a matured market for luxury tequila offerings such as El Cristiano Tequila, Pranav Mehra notes. “Projections for the tequila market in India are very encouraging.
Spiritz
MAY 28, 2024
Gen Z is predicted to be the largest group of travel retail shoppers by 2028. "The Gen Z population of legal drinking age in India is larger than that of the US & China combined'! Many of these younger consumers are making single malt Scotch their first entry into whisky," she explains.
PubClub
MAY 23, 2024
The Chiang Mai property is scheduled to open in 2028 and, together with other projects in key cities including Bangkok, will expand the Okura Group’s presence in Thailand to over 2,000 new and existing rooms by 2030. Will also launch Chao Phraya River cruises this December TOKYO–(BUSINESS WIRE)– #Okura –Hotel Okura Co.,
PubClub
AUGUST 30, 2024
The contract will expire on January 15, 2028, months before the Olympics arrive in Los Angeles and Long Beach. Under the new agreement, workers will receive an immediate $5 an hour raise and another $6.25 an hour over 3.5 years, amounting to total wage increases of $11.25 an hour, with wages increasing by 60% during the contract.
PubClub
AUGUST 13, 2024
trillion (2028) of online travel retail sales increases. .’ The experiential travel trend, the long path to purchase, the abundance of choice, and rising consumer expectations-all these become much bigger challenges for travel brands that reject personalization.
Bar Magazine
OCTOBER 22, 2024
from 2023 to 2028*, higher than any other leading whiskey category. Irish whiskey is now exported to more than 119 markets and the category is expected to continue to grow over the next few years. For example, in the UK, Irish whiskey exports were valued at over £50 million in 2023 and have an expected compound annual growth rate of 1.2%
VinePair
OCTOBER 23, 2024
to $29.99, by their metrics) declined by 5 percent in 2023 and are expected to continue falling at a CAGR of -1 percent through 2028. According to data and analytics company IWSR , U.S. gin volumes in the premium price band ($22.50
PubClub
MAY 1, 2024
Acquisition During the first quarter of 2024, the Company completed the purchase of the 304-room Wyndham Boston Beacon Hill for a purchase price of approximately $125 million, which was previously subject to a ground lease that expired in 2028. The Company funded the acquisition with existing cash on hand. billion of debt outstanding.
PubClub
AUGUST 13, 2024
The following are key aspects of the amended credit agreement: Extends the maturity date of the credit agreement to August 2028; Upsizes total revolving credit facility capacity to $245 million from $200 million; and Reduces borrowing costs and maintains previous max net leverage ratio and max interest coverage covenant levels.
PubClub
DECEMBER 28, 2023
As a result of the consolidation, the maturity of the TLB-5 tranche was also effectively extended from December 2027 to June 2028. About Avolon Avolon is a leading global aviation finance company connecting capital with customers to drive the transformation of aviation and the economic and social benefits of global travel.
PubClub
AUGUST 1, 2024
billion expansion, which will increase capacity by 30% to serve 100 million annual passengers by 2028. Denver International Airport, which is the third busiest airport in the U.S. and the fifth busiest airport in the world, is currently undergoing a $2.3
Spiritz
SEPTEMBER 11, 2024
CAGR growth from 2023 to 2028, outpacing the global growth rate of 4%. Despite many positives, inflation and its associated challenges persist. India lacks uniform regulation, making it difficult for companies to set domestic prices across states, absorb inflation, and protect their profit margins.
VinePair
NOVEMBER 4, 2024
They hope the 2028 Summer Olympics will be just that. All the factors that made the neighborhood ripe for that boom still exist. Residents and business owners feel that it just needs another push like the craft cocktail boom to jump-start another era of reinvention. The Olympics is the hot question right now.
PubClub
SEPTEMBER 3, 2024
Additionally, ComEd recently put forward expanded investments for EVs , continuing many of the same transportation electrification rebates offered in the first plan, to expand those investments for customers in 2026-2028.
PubClub
APRIL 10, 2024
Meetings not only build strong relationships, but they also drive business and provide long-lasting benefits to the communities in which they are held,” said Darren Green, Chief Sales Officer, Los Angeles Tourism.
PubClub
MAY 9, 2024
billion senior secured term loan B maturing in 2031 and a new $300 million revolving credit facility maturing in 2028. billion senior secured term loan B maturing in 2031 and bearing interest at SOFR plus 200 basis points, and a new $300 million revolving credit facility maturing in 2028 and bearing interest at SOFR plus 200 basis points.
PubClub
APRIL 30, 2024
billion under our CEI Revolving Credit Facility, maturing in January 2028, less $40 million reserved for specific purposes. “On On April 26 th , our Caesars Virginia joint venture successfully closed on a new five-year $425 million pro rata bank financing.
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