The Brewers Association (BA), the trade association representing small and independent American craft brewers, today released 2013 data on U.S. craft brewing growth. As a primary driver of growth in the beer industry, craft brewers saw an 18 percent rise in volume, representing a total of 15.6 million barrels, and a 20 percent increase in retail dollar value, according to the organization's preliminary calculations.
Florida allows craft breweries to fill and sell unlimited amounts of gallon- and quart-sized beer jugs, popularly called growlers. But half-gallon growlers, the most-popular size in the 47 other states that allow them, are banned. That has long vexed the typically small Florida craft beer makers, who ask: Why does the Legislature refuse to change a law it can't explain and that seemingly goes against its opposition to overregulation in other industries? (Associated Press, via SF Gate)
Heineken is upping its marketing efforts in Kenya with the expectation of tapping into the fast growing premium beer market. Koen Morshuis, general manager Heineken East Africa said the firm has embarked on a process to improve distribution of its products in the country, a market he noted has huge potential with its premium beer category currently on the rise. (Standard Digital)
Sales of Scotch whisky in the UK dipped 3 percent last year according to new official figures. The number of 70cl bottles of whisky sold in the UK dipped to 87.5 million against 90.1 million the previous year, official government figures show. Trade body the Scotch Whisky Association (SWA) argues incremental annual tax hikes are pushing up the price of whisky in its home market, though sales are also noted to have been impacted by recessionary factors and the changing drinking habits of younger consumers. (Business Insider)
The world's first private equity whisky fund, Platinum Whisky Investment Fund, has begun capital raising in Hong Kong, offering investors an opportunity to capitalize on the global growth in demand for single malt Scotch whisky. The fund is being launched with a target commitment of US$10 million and a minimum subscription of US$250,000. (TheAsset.com)