Tag Archives: Ambrosia magazine

Pass Code Hospitality expanding footprints

One of the original speakeasies’ which serves finest cocktails in all of India, and all you need to know is the passcode to enjoy them. Rakshay Dhariwal founder and MD speaks to Lopamudra Ganguly about his plans of expansion post pandemic.

PCO stands for ‘pass code only’, and as you may have guessed, this PCO is the place to go in Delhi and Gurgaon for perfect classic cocktails, as they skip no steps. PCO, ATM, SAZ, Jamun are all such outlets. Customers especially love their barrel-aged cocktail line (think Manhattans and Negronis), which truly shows off passion for their craft in spades, as does their rotating list of specials. To sweeten the pot, they also serve a tasty menu full of bar bites, and we can’t think of a better place to spend a night in the capital post pandemic. Excerpts from the interview.

Please tell us about your company and the concept behind it?

Pass Code Hospitality is a boutique food and beverage firm that specialises in creating experience-driven, fun-dine restaurants and bars. We started our company in 2012 with cocktail bar PCO, which was the first speakeasy in the country. Since then we have gone on to start the “first” of many types of restaurants – ATM a private member’s supper club, Ping’s, a healthy asian street food restaurant, SAZ, a new-orleans inspired American Brasserie, and Jamun, an Indian restaurant serving food from all over the country. Our motto is to bring new dining concepts to our patrons.

Tell us something which is special about your company?

We are known for our boutique brands and we make sure that each of our brands is different and truly representative of the product while maintaining very high standards for food, beverage and service. We are fortunate that each of these brands has grown into a market leader in its segment.

What was your marketing strategy in this Covid situation?

There was not a lot we could do – and the sentiment during the first lockdown vs the second lockdown was very different. In the first one we ran online auctions of experiences in our restaurants and had tied-up with a charity partner for this. But during the second lockdown, we were simply trying to help by providing food packages including rice, oil, salt, daal, wheat, sugar, soap and other basic necessities and distributing them to those in need.

What were the strategies to keep up the brand image in the consumers’ mind?

Most of our marketing efforts were centered around delivery and encouraging consumers to order directly with us. Due to the financial pressures of the lockdown, offering discounts and promotions was out of the question – instead we tried to focus on the quality and high standard that one can expect from dining at any PCH outlet.

What are your present projects running?

We are fortunate that all of our restaurants that were running pre-pandemic in Delhi, Goa and Kolkata are still operating today. We hope that as the months progress, footfalls keep increasing. We have been encouraged by the response we have seen since the second opening and actually have planned in the near future.

Are your expansion plans part of your post Covid revival?

Absolutely! We think food and beverage will bounce back in a big way. At the end of the day, people want to go out, meet their friends and feel connected to the larger world around them. To that end, we have very exciting plans to bring our brands to Mumbai and further expand in Goa.

Tell us something about your future plans?

We are just about to launch a version of SAZ in Goa called SAZ on the Beach, a beautiful beach bar and restaurant with spectacular sunset views. We are also opening Ping’s Cafe Orient, PCO and SAZ Cafe in Kamala Mills in Mumbai and SAZ American Brasserie in Jio World Drive BKC.

The All-New Royal Challenge: A Smooth & Rich New Blend

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Royal Challenge Whisky, India’s most aspirational whisky brand that’s known to challenge the norms, recently unveiled its brand-new renovation. The new Royal Challenge Whisky has a completely new liquid and a striking new pack that will stand out on the shelf.

Diageo India has created a truly unique blended whisky dedicated to the spirit of Delhi. The all-new Royal Challenge whisky is a perfect fusion of select imported scotch blended with perfection to deliver a sweet profile and subtle notes of vanilla, that will give the consumers a richer and smoother drinking experience.

With the vision to be an iconic millennial brand, Royal Challenge’s new pack has been re-designed for a premium look-and-feel and an elevated experience – the Lion sigil and red and black colours represent the bold and fearless spirit that the brand exemplifies. Further, with this renewed blend, Royal Challenge has evolved to be the most accessible and preferred brand for the younger generation.

Speaking about the renovation, Ruchira Jaitly, VP of Marketing and Prestige portfolio head said, “Royal Challenge is a brand which has always believed that, to build a better tomorrow, we must challenge the stereotypes of today and reinvent the rules. With the vision to become the first whisky of choice that appeals to the people of Delhi, there was a need to reinvent and offer an experience that perfectly blends into the changing consumer palettes and choices. I am excited with what is in store and look forward to the people of Delhi embracing an all-new refreshed Royal Challenge as they have always done.”

The launch of the all-new pack will look to explore an integrated communication strategy in Delhi that builds on this new positioning.

The phased launch will see the refreshed pack on shelves across the city this Festive season.

Château Fleur Haut Gaussens looking to launch in India

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Château Fleur Haut Gaussens, located in Vérac, not far from Saint-Emilion, is the result of the heritage of a family of winegrowers. It was in 1996 that Hervé Lhuilier created it. Over the years, he has managed to keep a dynamic company, by carrying out work to improve the technical tool. The winemaker now cultivates the 40ha of vines on the property, spread over 27 plots, combining tradition and innovation. Concerned about the environment and the ecosystem have adopted a reasoned management of the vines and are certified Hight Environmental Value level 3.

The wines, recognised throughout the world with numerous distinctions, are worked according to the criteria of the PDO Bordeaux Supérieur. They distinguish themselves by the production of atypical wines. Indeed, offer a modern approach to Bordeaux wine through the production in 400L barrels of varietals wines with an access profile on the fruit such as La Bergeronette a 100% Cabernet Franc, its annual production is around 14,000 bottles.

They obviously offer blended wines. Château Fleur Haut Gaussens produces around 165,000 bottles per year and has been the bestseller for 20 years now. It results from a blend of a majority of Merlot with a hint of Cabernet Franc, Cabernet Sauvignon and Malbec. This is aged at 50% in French oak barrels for 6 months. This is a modern Bordeaux wine that knows how to (re) discover the wines of the region.

Their inventory management allows them to offer you ready-to-drink vintages. Their wines offer a very interesting quality-price ratio, and many partners already trust them in more than 20 countries.

In parallel to their wine activity linked to Château Fleur Haut Gaussens, in 2018 they created “Le Couturier du Terroir”, a trading company attached to their family-run wine estate. They developed a range of wines from different horizons. Thanks to their various hats, they can thus offer their red Bordeaux Supérieur wines Château Fleur Haut Gaussens ranked in the top 5 of the PDO but also entry-level Bordeaux and other products according to your needs.

SWA announces Mark Kent as new Chief Executive

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The Scotch Whisky Association (SWA) has announced that Mark Kent, former British Ambassador to Argentina, will succeed Karen Betts as Chief Executive, when Karen leaves the SWA later this year.

Mark joins the SWA following more than three decades with the Foreign, Commonwealth and Development Office (FCDO). Most recently, he served as Ambassador to Argentina from 2016 to June 2021. He also served as the Ambassador to Thailand, Ambassador to Vietnam, as well as roles at British Embassies in Mexico City, Brasilia and the UK Representation to the European Union.

Commenting on his appointment as the ninth Chief Executive in the SWA’s 110-year history, Mark Kent said, “I am delighted to have been appointed as CEO of the Scotch Whisky Association. As a former Ambassador, I know in what high regard the Scotch Whisky industry and the SWA is held worldwide.

“After a challenging period, I’m looking forward to helping the industry to unleash its full potential and enable people across the globe to discover and enjoy our premium and iconic product. The Scotch Whisky industry has a fantastic history, great stories to tell and continues to innovate. I can’t wait to get started.”

Welcoming Mark Kent to the role, Scott McCroskie, Chair of the SWA Council, added, “I am delighted that Mark will be joining the Scotch Whisky Association, to lead the organisation’s and the industry’s next exciting chapter. Mark brings with him an outstanding depth of experience which will allow the SWA to continue to support the industry’s interests around the world.

“We look forward to working with him as the industry looks to make new ground in key growth markets and build a sustainable future for the industry by continuing our push towards net-zero.”

Mark Kent, who will take up the position in January 2022, will take over from Karen Betts, who leaves the SWA in December 2021 to take over as Chief Executive at the Food and Drink Federation.

Parksons Packaging Ltd. acquires Manohar Packaging, new entity to have presence across India

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Manohar Packaging, a leading player in the alcobev industry with a pan India presence has now been sold to Parksons. This gives Parksons a major presence in the alcobev industry. Aditya Patwardhan, Board Member, unveils details of the new entity and the way forward.

What is the nature of the sale of Manohar Packaging to Parksons? Can you share some details?

As widely published in leading newspapers and media, Manohar Packaging (“MPPL”) has been acquired in entirely, by Parksons Packaging Ltd., a Warburg Pincus owned company, and the industry leader in paper based packaging. Post the deal, the Board of Directors of MPPL has been reconstituted strengthening the company’s management team.

The newly constituted board includes Rameshji, Siddharth, and Chaitanya Kejriwal, from Parksons, and Hemant Mundra, from Warburg Pincus. I continue as a board member. All of us will work as a professional management team and continue to encourage an entrepreneurial mindset.

Till the time the integration is complete, MPPL will continue as a subsidiary, however all back end operations, reporting and data management will be merged and streamlined with immediate effect, to offer our clients a seamless experience with a newer and larger network of plants, with clubbed and standardised materials management. We hope to broadly convert around 300,000 tons of sustainable and renewable paperboard in the near future in toto.

What are the strategic benefits to both companies arising out of the transactions?

What this effectively means is, that our clients now have a network of eight mega plants spanning the length and breadth of India, with state-of-the-art technology, standardised inputs, systems, quality parameters, and methods of operations.

The care and detail with which we have been working with our partners and clients – be it in terms of packaging design, development, validation, to market supplies, will only improve. The combined strengths of Parksons scale, and MPPL’s domain expertise in alcobev, will be evident in the work we do going forward.

Our Design Park is unparalleled, and equipped with the best software and digital technology. The combined team of creative pre-press, technical packaging developers, coupled with production experience, will soon be deployed on new projects and will bear testimony to this.

MPPL’s plants located in Goa (West) and Punjab (North), will be part of the total network including Pantnagar (North – 2 units), Sri City (South), Daman & Chakan (West).

What I am most excited about is our increased ground presence with a state-of-the-art plant in Guwahati (North East), with which we can serve our clients in the east of India with speed and efficiency.

Will there be any changes to the way Manohar Packaging continues to work?

As in the case of most mergers & acquisitions, the aim is to grow the new entity and improve our overall ability to serve our clients. Given we’re a ‘B2B’ industry, it is extremely important to ensure we are moving in the same direction and journey as our valued partners.

The Kejriwal family and us share a common vision, the same mind set, goals, and growth plans. There was a meeting of minds, which ticked off all the boxes. The industry and our clients will be the biggest beneficiary of this deal.

Delineation and segregation between shareholding and professional management is important and we all are in it to grow as India’s most preferred supply partner for paper based packaging. Both our companies are held by Warburg Pincus and we’re glad to have them as we will continue to think like entrepreneurs, work in a professional environment, and deploy our knowledge and strength to drive more power to the company.

What is the status of the liquor packaging industry?

Currently, like the liquor industry, the supporting packaging industry is equally fragmented. There are a great number of players in the game, and we are happy to co-exist.

Clients decide whom they wish to partner with, and they have several criteria to choose from in terms of a holistic approach to supply chain, or purely price based on any given month.

We, at Parksons, run highly regulated and governed companies, with sustainability, social compliance, ESG taking high priority in the way we operate and run our facilities.

Hence we’re more focussed on long term client partners who value the need for transparency, professionalism, fair governance, and sustainable practices. We are extremely fortunate and honoured to partner with them, and I’m sure more beverage companies will value this long term approach eventually.

Alcobev is an exciting place to be, and is the gold standard for premium packaging. So likewise, most players in this field, need to be on top of their game with technology upgradation, technical knowledge, and downstream supply chain security given that commodity markets are in their most turbulent phase at the moment. This is where the long term approach wins for most.

How has the pandemic affected the company?

Here again, the fact that our organisations are well managed and governed helped a lot. Both MPPL and Parksons’ plants were up and running shortly into lockdown 1, with the highest safety protocols and were operating when our clients needed us most.

In unprecedented times, I am proud that the human ‘can do’ spirit and agility took precedence and we managed the show when many could not. I earnestly would like to thank our clients and mill partners for supporting us, so we in turn could deliver whatever was needed out of us in short notice with great agility and flexibility.

I would say, looking back, it has been the toughest learning curve for all of us, and we have come out of it stronger. I say this with certainty and hope, that the worst is truly behind us.

How can the premiumisation trend boost the industry?

Premium products are seeing higher salience and acceptance, maybe owing to increase in home consumption due to lockdowns, modernisation of retail outlets (Delhi), and clearing of red tape for home delivery / app enabled ordering of brands as an added convenience to the consumer.

The dark market woes of the alcohol industry still remain, and hence the pack is the first impression that the consumer takes home with them. Most marketeers understand this very well, and we’re beginning to see less ‘me-toos’ and more bespoke work in the recent few quarters.

With premiumisation and better margins, alcobev companies are able to experiment with new innovations, and can justify higher packaging budgets. This brings in a lot of excitement to the consumer as well as the retail shelves, leading to growth and diversification in the industry.

Improvements in the overall consumption experience that the leading premium brands offer, viz.; design cues, primary & secondary packaging upgrades, closure, to pour and palate should lead to better and wider social acceptance of responsible and repeat consumption in the near future. Premium outlets will need premium looking brands, and going by the Delhi market example, there should be tremendous headroom for growth here.

Cheers to that!

Marking the Million Milestone: Royal Green Celebrates 10 Million Sales

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Home grown Brand, Royal Green whisky from the house of ADS Group has crossed a massive milestone in the highly competitive Indian Made Foreign Liquor – deluxe segment dominated by multinational companies. The brand recently announced the crossing milestone sale of 10 million cases (cases of 9 ltrs) since it was introduced in the market in 2015.

ADS group started by First Generation Entrepreneurs – Maan Family, launched Royal Green in the deluxe segment with an objective of providing a premium quality product at an affordable price. Crafted by a seasoned master blender for the most discerning palate, Royal Green Whisky is a carefully curated melange of the finest premium Indian Grain spirits and imported scotch malts. Packed in an exquisite green bottle, the blend is far superior in terms of taste, smoothness and after feel.

Pan-India presence

Royal Green was initially launched only in Delhi and Haryana, but slowly has imprinted a strong presence pan-India. Today, it is available in 20 states in India and exported to other countries as well. The Royal Green Whisky has an alcohol percentage of 42.8% V/V, similar to other brands in its category, and is available in 1L, 75cl, 37.5cl, 18cl, and 9cl bottles. In India, the Royal Green Whisky price varies from territory to territory due to the variation in liquor taxation across Indian states and union territories. However, generally, it’s considered an Indian whisky brand priced under `1000.

Fastest growing millionaire Indian whisky brand

In spite of the pandemic induced lockdown in 2020, when most of the brands reported drop in their volume, Royal Green continued its march and grew to become (Source – Millionaire whisky Brands – 2020 by Drinks International) Fastest Growing Millionaire Indian Whisky Brand along with the following tags – fourth fastest growing whisky in the world, 26th biggest whisky brand in the world and 80th biggest spirits brand in the world.

It was quite an impressive show by a home-grown new brand within a short span of time. The sale of 10 million cases has been the major highlight.

Commenting on achieving this milestone – Mr. Virat Maan – CEO – ADS Spirits stated, “We thank all our consumers, Trade Partners and Team at ADS who made it possible. We commenced our journey with a passion to create a whisky brand which would be a treat for the consumer’s senses, and that was the genesis of Royal Green. We take utmost care to ensure best of the quality in each and every ingredient that gets into this blend and also ensure last mile delivery of our product through right channels. I feel that passion for quality and ADS team’s passion to excel in all aspects has made this milestone achievement possible”

To celebrate this breakthrough and to thank its loyal customer base, Royal Green is planning a celebratory campaign with a special commemorative pack bundled with exciting consumer rewards.

Amrut Spectrum 004 Review

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Amrut Spectrum 004 is a single malt whiskey from India that has been making waves in the international whiskey market. Amrut Spectrum 004 is also a limited edition single malt launched for Rs. 12,999. In this article, we will be reviewing the Amrut Spectrum 004. We will explore its flavour profile and discuss its unique characteristics that make it stand out among other whiskeys.

We have received the Spectrum 004 in a unique launch package and stands out as the world’s first single malt whisky aged in a multi-wood barrel. Unlike traditional single malt whiskies that are matured in casks made from a single type of oak, Spectrum was matured in a barrel made from staves of four different types of oak, earning it the name “004”.

Adding to the exclusivity of Spectrum is its limited release, with only 6600 bottles produced. Out of these, only 600 will be available in Bengaluru, with the remaining 6000 bottles set for sale across Europe, the USA, and the Asia-Pacific region. This rare availability only enhances the prestige of this one-of-a-kind single malt whisky.

Spectrum underwent a unique two-step maturation process. First, the new make spirit was matured in an ex-bourbon cask, then the aged spirit was transferred to a Spectrum cask, made from a combination of different types of oak: new American oak with char level 3, lightly toasted new French limousine oak, ex-oloroso sherry cask staves, and ex-PX sherry cask staves. This carefully crafted process results in a complex and layered whisky with a depth of flavour like no other.

We are thrilled with the recent experimentation and innovation in Indian whisky-making, and it is exciting to see brands like Amrut pushing the boundaries of what is possible. This marks an important moment in the industry, where there is a growing need for more ambitious and innovative brands to emerge. We believe that this will lead to a vibrant and diverse landscape of exceptional Indian whiskies, one that truly showcases the passion, creativity, and expertise of India’s distillers.

On the nose, Spectrum 004 exhibits a delicate blend of vanilla and coconut, with a subtle hint of toffee. On the palate, the whisky showcases a distinctive coconut flavour, with a bold hit of spice and a touch of sweet vanilla and toffee notes. The finish is smooth and long-lasting, with a lingering spice that lingers on the throat. This unique combination of flavours and aromas make Spectrum 004 a truly one-of-a-kind experience.

Conclusion

So what’s our take on Spectrum 004? We believe it’s truly unique, with a delicious blend of dried fruit, coconut, sweetness, and spiciness. It’s a prime example of the new wave of premium malts being produced in India, and with a limited edition of only 6,600 bottles, it’s definitely worth adding to your collection. Don’t miss out on this exceptional and rare whisky experience.

Ambrosia Awards 2021

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The 14th edition of INDSPIRIT 2021, organized by Ambrosia, the wine and spirit magazine, held on December 17th 2021 in New Delhi, came as a much needed breather to the alcobev industry. Industry leaders and other stakeholders descended upon Hotel Andaz for IndSpirit 2021, primarily to ‘reconnect’ with the alcobev community.

INDSPIRIT 2021, a mix of conference, exhibition and awards, was a runaway success, not just because ofthe huge number of attendees, but because it set a ‘positive tone’ for the industry.

The Managing Director of SAP Media Worldwide, Mr. Trilok Desai, set the tone for INDSPIRIT 2021 by talking about how the alcobev sector was bouncing back with a positive outlook, after a lull of almost two years adversely affected by the pandemic.

Braving the Delhi winter, industry stakeholders turned out in good number, endorsing the spirit of Ambrosia to move on, overcome the challenges and grab the opportunities. The coming together of the industry was heartening to note for a sector which has so much to offer, thanks to quality enhancements, innovation and camaraderie. Cheers to the Alcobev sector, INDSPIRIT and Ambrosia for saying ‘goodbye to 2021’ and welcoming 2022 with a lot of hope.

Ambrosia Awards 2021 Winners

Category – Beer

BEST MILD BEER

Tag Premium Lager Beer

BEST BEER – STRONG CATEGORY

Bira 91 Gold Wheat Strong Beer

BEST BEER – STRONG CATEGORY

Sterren 8 Premium Strong Beer

Category – Wine

BEST POPULAR WHITE WINE

Fumé Blanc

BEST PREMIUM WHITE WINE

Soma Chardonnay Reserve

BEST PREMIUM INDIAN RED WINE

Reveilo Reserve Syrah

BEST POPULAR IMPORTED RED WINE

Born West Cabernet Sauvignon

BEST SUPER PREMIUM IMPORTED RED WINE

Robert Mondavi Private Selection Cabernet Sauvignon

BEST SPARKLING WINE

Casablanca Spumante Sparkling Wine

Category – Vodka

BEST POPULAR VODKA

One More Pure Craft Vodka

BEST PREMIUM VODKA

Smoke Classic Vodka

BEST SUPER PREMIUM VODKA

Stolichnaya Premium Vodka

BEST SUPER PREMIUM VODKA

Juno Premium Pink Flavoured Vodka

BEST PREMIUM FLAVOURED VODKA

Magic Moments Verve Cranberry Tease Premium Flavoured Vodka

BEST SUPER PREMIUM FLAVOURED VODKA

Absolut Grapefruit Vodka

Category – Gin

BEST PREMIUM GIN

Beefeater London Dry Gin

BEST SUPER PREMIUM GIN

Roku Japanese Craft Gin

BEST FLAVOURED GIN

Edinburgh Gin Rhubarb And Ginger

Category – Rum

BEST POPULAR BLACK RUM

Commander N Chief Caribbean Gold XXX Rum

BEST PREMUIM BLACK RUM

1965 Spirit Of Victory Premium XXX Rum

BEST PREMIUM RUM

Amrut Two Indies Rum

BEST WHITE RUM

Aspira Lemon Twist Rum

Category – Brandy

BEST POPULAR BRANDY

British Empire Brandy

BEST PREMIUM BRANDY

Courrier Napoleon Finest French Brandy

Category – Whisky

BEST IMFL REGULAR WHISKY

Royal Green Whisky

BEST IMFL POPULAR WHISKY

Oaksmith International Blended Whisky

BEST IMFL SEMI PREMIUM WHISKY

Single Reserva Premium Whisky

BEST IMFL SEMI PREMIUM WHISKY

Whistler Blended Malt Whisky

Best IMFL PREMIUM WHISKY

Signature Premier Grain Whisky

BEST FLAVOURED WHISKY

Jack Daniel’s Tennessee Apple Flavoured Whisky

BEST BLENDED SCOTCH BII

Grant’s Distinction Blended Scotch Whisky

BEST SCOTCH (BIO) ABOVE 12 YRS WHISKY

Dewar’s 15 Year Old Blended Scotch Whisky

BEST INDIAN SINGLE MALT

The Three Monkeys Indian Single Malt Whisky

BEST SINGLE MALT

Bowmore Islay Single Malt Scotch Whisky – Aged 12 Years

PACKAGING AWARDS INDSPIRIT 2021

BEST PACKAGING AWARD (UNIT PACK)

United’s Epitome Reserve Rare Grain Whisky

BEST PACKAGING AWARD (UNIT PACK)

Glenfiddich Limited Edition Gift Pack

BEST PACKAGING AWARD (GRAPHICS)

8 PM Premium Black Whisky Cricksaw and Howzat

BEST PACKAGING AWARD (IDEA)

Monkey 47 Schwarzwald Dry Gin

BEST PACKAGING AWARD (BEER CANISTER)

Bira 91 Gold Wheat Strong Beer

BEST PACKAGING AWARD (CANNISTER)

Morpheus Blue XO Premium Brandy

BEST PACKAGING AWARD (BEER BOTTLE)

Sterren 8 Premium Strong Beer

BEST PACKAGING AWARD (BOTTLE SHAPE)

Roku Japanese Craft Gin

BEST PACKAGING AWARD (BOTTLE SHAPE)

Bacardi Reserva Ocho Aged 8 Years

INDIVIDUAL AWARDS INDSPIRIT 2021

FASTEST GROWING BRAND

Rockford Reserve Whisky & Rockford Classic Whisky

EXCELLENCE IN BRAND PROMOTION AND MARKETING

1965 Spirit Of Victory Premium XXX Rum

EXCELLENCE IN BRAND PROMOTION AND MARKETING

Oaksmith God International Blended Whisky

EXCELLENCE IN RETAIL AND DISTRIBUTION

STAR Agencies

NEW PRODUCT OF THE YEAR

United’s Epitome Reserve Rare Grain Whisky

SPECIAL FELICITATION FOR COMPLETEING 11 YEARS

Hospitality Purchasing Managers & Forum (HPMF)

START-UP OF THE YEAR

Kimaya Himalayan Beverages

ENTREPRENEUR OF THE YEAR

Ankur Jain

Founder & CEO

Bira 91

BUSINESS LEADER OF THE YEAR

Abhishek Khaitan

Managing Director

Radico Khaitan Limited

LIFETIME ACHIEVEMENT OF THE YEAR

Shobhan Roy

Canned alcoholic beverages market size worth $13.4 billion by 2028

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The global canned alcoholic beverages market size is expected to reach USD 13.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 13.3% from 2021 to 2028. Canned alcoholic beverages are gaining popularity among consumers since cans are more convenient, portable, and travel-friendly. Moreover, these metal cans are less expensive as compared to glass bottles and have a considerably higher recycling rate than glass.

In Asia Pacific, the market is expected to witness a CAGR of 13.9% from 2021 to 2028. The major factor driving the market in the region is the presence of young consumers and rapidly growing economies.
The wine segment is projected to register the fastest CAGR of 13.7% from 2021 to 2028. The rising awareness among consumers for more eco-friendly alternatives to plastic bottles coupled with the growing taste for convenient products is propelling the demand for canned wine.

The online segment is expected to register the fastest CAGR of 13.6% from 2021 to 2028. The hassle-free shopping experience offered by various online platforms is expected to drive the growth of the segment.

The hand seltzers segment held the largest revenue share in 2020 and is expected to maintain its dominance over the forecast period. Hard seltzers are carbonated water-based drinks, which are usually infused with fruits and spirits. These have become quite popular among millennials due to their low alcohol content. Low prices of hard seltzer, easy availability across supermarkets and convenience stores are factors anticipated to boost their sales in the upcoming years.

The liquor stores segment contributed a majority of the share to become the largest division in the global revenue in 2020. These stores have been a widespread and well-established distribution channel for canned alcoholic beverages. The wide availability of both premium and private label brands at these stores attract consumers to purchase products through these channels.

In addition, a report published by Fior Markets claims the global functional beverages market is expected to grow from $125.39 billion in 2020 to $216.7 billion by 2028, growing at a CAGR of 7.08% during the forecast period 2021-2028.

Functional beverages are liquids that often contain a health claim and are used to hydrate the body and maintain nutritional balance. On the basis of type, the global functional beverages market is segmented into drinks, energy drinks, fruit and vegetable juices, herbal and fruit teas, fortified water, rehydration solutions, dairy beverages, non-dairy beverages and others.

The energy drinks segment dominated the market and held the largest market share of 20.9% in the year 2020. This growth is attributed to the rising adoption of energy drinks and the increase in reliance on them for instant energy amongst an increasingly busy population.

The market is booming and there’s already a large number of brands. Some popular drinks include Tequila Cazadores RTDs, Onda Sparkling Tequila, Miami Cocktail Co., Dogfish Head RTDs, St. Agrestis Spritz, and Lunar Tamarind & Rice Paddy Herb.

Tequila Cazadores RTDs
These ready-to-drink (RTD) tequila cocktails are available in Margarita, Spicy Margarita and Paloma flavours and continue the trend of tequila RTDs outshining almost all other canned drinks.

Onda Sparkling Tequila
The best designed of the tequila RTDs, this sparkling beverage (which features actress Shay Mitchell as the “Chief Brand Officer”) just launched two new flavours, Watermelon and an incredibly refreshing Blood Orange. Fizzy, light and citrusy.

Miami Cocktail Co.
While this RTD brand flashes a lot of healthy catchphrases (vegan, gluten-free, non-GMO, “clean calorie”) their organic spritzes should appeal to anyone. Ridiculously great in hot weather, the brand offers everything from Rosé Bellini Spritz to a Grapefruit & Hibiscus Paloma Spritz.

Dogfish Head RTDs
It turns out it takes a brewery (and distillery) to finally make a good vodka soda. The Blueberry Shrub RTD here is light but flavourful. And brown spirits fans: The Cherry Bergamot Whiskey Sour is the rare summer-ready whiskey drink.

St. Agrestis Spritz

The Spritz however, is a refreshing, herbal/citrus combo of the St. Agrestis Paradiso Aperitivo, sparkling Italian wine and sparkling water.

Lunar Tamarind & Rice Paddy Herb
Described as the “first and only Asian American craft hard seltzer made with real, premium fruits and ingredients from Asia,” the brand just launched a limited-edition “Heritage” line that pays tribute to well-known Asian foods and is co-developed with New York-based chefs and owners of popular local restaurants. The Tamarind & Rice Paddy Herb release will be unlike any canned drink you’ll try now … and portends a promising and innovative future for the category.

Beverage Cans Market size is estimated to reach $17.24bn by 2025, growing at a CAGR of 4.9% during the forecast period 2020-2025. Beverage cans are the metal containers that are used to store liquid drinks like alcoholic beverages, carbonated soft drinks, fruit and vegetable juices, energy or sports drinks and others. These cans are usually made of aluminum and steel. The increased demand for the alcohol beverage which is to be stored at low temperatures is driving the usage of this beverage cans as they help in storing the drinks at low temperatures which helps to hold the taste and properties of drinks. The rise in health concerns among the people to avoid plastic containers as they are harmful and non-bio-degradable is driving the usage of beverage cans market during the forecast period 2020-2025.

The global Beverage Cans Market based on Material type has Aluminum and Steel. The Aluminum segment registers for the highest market share in 2019 and is set to continue for the forecast period 2020-2025, owing to the increased usage of aluminum in making beverages cans. Overs 70% of beverage cans are made of aluminum globally. Aluminum cans are easily recycled with properties like lightweight and easy to manufacture, transport and are economical. Having many advantages over other materials is driving the market of aluminum beverage cans during the forecast period 2020-2025. The steel beverage cans are having below-average growth as they are heavy and is set to react with beverages in those cans, however, cans made with a composition of steel and other material are being introduced into the market to decrease the cost of beverage cans.
Based on geography the global Beverage Cans Market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America had a dominant share in terms of revenue in 2019 and it holds the largest market share during the forecast period 2020-2025, owing to the availability of the high number of consumers of aluminum can stored beverages. The Asia-Pacific region is also set to have healthy growth during the forecast period 2020-2025, owing to the availability of a large population and increased consumption of beverages. The availability of large raw materials like aluminum and steel are also factors that are supporting the growth of the market in the Asia-Pacific region.

Beverage Cans Market Drivers
Increased consumption of beverages
The increase in the consumption of beverages globally is driving the demand for beverage cans. Increased promotional activities by different manufacturers of beverages to increase demand for drinks are driving the usage of beverage cans owing to increased sales of beverages. Beverage cans being eco-friendly, recyclable and lightweight are driving the market growth during the forecast period 2020-2025.

Beverage Cans Market Challenges
Fluctuation in the cost of raw materials
The fluctuations in the cost of raw material are challenging the production of the beverage cans. The defects in three-piece type cans, such as leaks, inability to withstand high pressures and temperatures are challenging the market during the forecast period 2020-2025.

Beam Suntory Reports 2020 Results

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Beam Suntory, a leading global premium spirits company, reported full-year results for 2020.

Global net sales were flat for the year, as a return to growth in the second half offset lower sales in the first half of the year. Full-year sales grew 4% in the United States, as restaurant and bar activity improved in the second half and spirits continued to gain share from beer and wine. Sales were essentially flat in Japan, up at a single-digit rate in the UK and Russia, up high-single digits in Australia and Canada, and up double digits in Germany and South Korea. The impact of the pandemic led to lower sales in markets including Spain, India, China, South Africa and the Global Travel Retail channel.

Global sales for Jim Beam grew to surpass 11 million 9-litre equivalent cases for the first time, extending the brand’s leadership as the world’s number one Bourbon whiskey. Reflecting sustained consumer demand for premium brands, sales for Basil Hayden’s bourbon, Hornitos tequila, Toki whisky and Roku gin increased at double-digit rates. Sales were also exceptionally strong for Japanese ready-to-drink products and On The Rocks Premium Cocktails (acquired in September 2020), as consumer demand for convenience, refreshment and quality cocktails expanded.

“As we expected, consumer demand increased in the second half of 2020, even as the global pandemic continued to impact markets around the world,” said Albert Baladi, president & CEO of Beam Suntory. “I couldn’t be more proud of how our people adapted to confront the challenges of 2020 – from our frontline distillery workers to our sales teams, from our brand builders to every company function. As a result, we were able to meet consumers digitally in the emerging ‘home premise’ to support at-home cocktail-making and satisfy their expectations for convenience through increased investments in e-commerce and ready-to-drink products. At the same time, we supported our on-trade partners with innovations like cocktails to go, and guided by our vision of Growing for Good, we provided vital assistance to hard-hit restaurant and bar workers in markets around the world.”

“Looking ahead, the pace of recovery from the ongoing pandemic remains uncertain. In this environment, we expect to drive continued improvement in sales as we benefit from the strategic investments we made in 2020, the exciting brand plans we have in place, and our commitment to delivering quality to consumers at every step of the value chain up to the moment of consumption.”

Baladi also noted that Beam Suntory made substantial progress reducing its environmental impacts in 2020, and will soon announce a new global sustainability strategy featuring ambitious targets focussed on making a positive difference for nature, consumers and communities.

Update on Beam Suntory Growing for Good Initiatives

Environmental Sustainability

Carbon Reduction: Through the purchase of renewable electricity and the completion of multiple energy efficiency projects (Kentucky, Mexico and Scotland), Beam Suntory reduced its total Scope 1&2 carbon emissions by 25% compared to the 2015 baseline.

Water Efficiency: The company has reduced water use per unit of production by 29% (versus 2015 baseline) by optimising existing cooling systems and investing in more efficient cooling technologies at the Jim Beam distilleries in Kentucky.

Watershed Protection: The company has established Natural Water Sanctuary programmes at Maker’s Mark and adjacent to the Jim Beam distillery. The company continues to expand watershed protection activities to global manufacturing sites in India, Mexico, Spain, the US Virgin Islands and Ireland. Future activities are planned in Scotland, France and Canada.

Sanitizer: To support hospital systems and first responders in the fight against Covid-19, the company’s facilities in Kentucky, Japan, Spain, Scotland, Ireland, Canada and Mexico produced sanitizer sufficient to clean more than 50 million pairs of hands.

Hospitality industry: The company provided more than $3 million to support restaurant and bar workers and their families across numerous markets. Initiatives included Maker’s Mark’s partnership with the LEE Initiative Restaurant Reboot Relief Programme and Restaurant Workers Relief Programme, which donated more than 1 million meals to restaurant workers in the US, the company’s Shift-Meals To-Go programme supporting US hospitality workers and their families, and support programmes for on-trade workers in markets including Canada, the UK, Germany, Spain, Brazil and India.