A recent report by Allied Market Research has revealed that the global flavoured alcohol market is anticipated to generate $1.8 trillion by 2032, up from a $1.2 trillion market size in 2022.

Formula One champion and entrepreneur Lewis Hamilton, alongside agave expert and Casa Lumbre co-founder and master distiller Iván Saldaña, have unveiled Almave, the inaugural distilled non-alcoholic blue agave spirit.

New government regulations have been introduced in the UK from August 1 which will see alcoholic beverages now taxed on strength.

Stephanie Illgner, former global marketing director of Carlsberg, has joined ISH, a non-alcoholic brand established in 2018 in Copenhagen, Denmark.

Dubai has scrapped its 30% tax on alcohol sales for the rest of the year in an apparent bid to boost tourism, while also stopping the charge on personal alcohol licences, something residents who wish to drink at home are required to have.

The UK government’s freeze on alcohol duty is to be extended until August 2023 to help UK hospitality venues amid rising costs.

The no- and low-alcohol categories grew by more than 7% in volume across 10 key global markets in 2022 to surpass a market value of $11bn, a new report from IWSR Drinks Market Analysis has revealed.

A group of over 100 UK drink industry figures have signed a letter written to The Times urging the chancellor to rethink its decision to reverse the alcohol duty freeze.

Chancellor Kwasi Kwarteng has announced that planned increases in alcohol duty have been ditched in his mini-budget.

The value of the global alcohol market grew by 12% to reach US$1.17 trillion in 2021, making up for the 4% covid-driven losses in 2020, new data from IWSR Drinks Market Analysis has found.

Sweden’s alcohol monopoly, Systembolaget, has removed all Russian-made vodka and other types of Russian alcohol from its shelves with immediate effect, in protest of the country’s invasion of Ukraine.

Sales of no and low alcohol beverages in 10 key global markets reached almost $10 billion in 2021 up from $7.8 billion in 2018, according to a new IWSR report.

Suffolk-based distillery Adnams has launched a high-strength gin distilled with ten times the botanicals to give the flavour of a full serve in a 2.5ml measure.

Ahead of New Years Eve celebrations, South Africa ended restrictions on the sale of alcohol that have been in place since 27 March 2020.

Norway has banned alcohol sales in bars and restaurants for a month in a bid to slow the spread of the Omicron variant.

Online sales of alcoholic beverages in 16 key global markets will increase by 66% over the next five years, according to projections from IWSR.

Alcohol-free beer brand Lucky Saint plans to train hundreds of professionals across the hospitality and retail industry in Mental Health First Aid.

DoorDash is taking on Uber and Instacart by launching an alcohol delivery service in the United States, Canada and Australia.

Alcohol-free beer brand Lucky Saint has launched in cans across the UK following its successful roll out in draught and bottle formats.

Global alcohol consumption is expected to increase by 2.9% this year, according to new IWSR projections. Martin Green reports.

Beverage alcohol in Asia Pacific markets is expected to gain more than +2% in volume and more than +4% in retail value by the end of 2021, according to IWSR Drinks Market Analysis.

South African President Cyril Ramaphosa has announced the country’s fourth ban on alcohol sales since the Covid-19 pandemic began.

In 2020, beverage alcohol consumption in the US saw the largest volume gain in nearly 20 years.

The global drinks industry is showing positive signs of recovery and will grow in volume by 2.9% by the end of 2021, according to new IWSR forecasts.

A consumer survey from alcohol-free beer brand Lucky Saint has revealed that nearly a third of people in the UK would now consider ordering an alcohol-free drink in bars, pubs or restaurants.