Dubai-based Wise Monkey Rum is actively expanding into new markets across the globe through both retail and on-trade channels, as it seeks to fill the gap in the mid-range rum category.
Italian firm NIO Cocktails has concocted plans to double its production capacity from 2.5m packs a year to meet rising demand for premium pre-mixed cocktails, with Singapore, Japan and Hong Kong all proving to be key export markets.
An increasing number of young consumers are looking for novel alcoholic drinks in low or zero ABV formats, and are willing to pay a premium for the pleasure, say industry experts.
Alcohol health information and warnings should be mandatory on online retail pages in New Zealand, researchers claim, arguing that simply containing them on product pictures is insufficient.
The alcohol sector in the Asia Pacific region was amongst the most heavily-hit by the COVID-19 pandemic due to the closure of many hospitality outlets, but insiders say the outlook is positive thanks to retail modernisation, product innovation and sustainability...
The COVID-19 pandemic has hit the alcohol industry hard with bars and restaurants forced to closed, but in the latest edition of our Deep Dive series we report on how product innovation, low-to-no launches and tapping into sustainability trends can help...
Australian consumer advocacy group CHOICE is campaigning for mandatory kilojoule (calorie) labelling on alcoholic beverages, in order to give consumers more information about what they drink.