Endeavour Drinks has seen sales grow 20 per cent on the same quarter last year, as IRI reports that new buyers are fuelling craft beer growth at bottleshops.
Two-thirds of US drinkers who are switching to alcoholic seltzers from the beer, wine and spirits category are switching from beer, says IRI’s data
Independent beer is on the up, especially during COVID-19 according to IRI, but big brewer-owned ‘craft’ brands are catching up fast.
Independent beer is facing “considerable challenges” according to the latest IRI report which shows that bulk and lower priced beer sales are up during the COVID-19 surge.
ABInBev last week released its first quarter 2019 results showing revenue declines for its Australian operations despite Great Northern’s ongoing strength.