Diageo Doubles Investment in Guinness 0.0 Dive Brief: Diageo has announced plans to double its investment in Guinness 0.0, the popular alcohol-free alternative brew. The Irish brewer is investing an additional 30 million euros ($32.5 million) into producing the nonalcoholic…
nonalcoholic
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Food News
The Weekly Sip: Spider-Man’s Tom Holland swoops into nonalcoholic beer | Bottled water demand explodes
The Weekly Sip is Food Dive’s column focused on the latest news in the rapidly changing and growing beverage sector. From inaugural product lines to big investments and controversial topics, this column aims to quench the thirst for developments in…
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French Bloom, a luxury nonalcoholic sparkling wine maker, recently received a significant minority investment from Moët Hennessy. The financial details of the deal were not disclosed. Launched in 2021, French Bloom is now available in more than 30 countries. Crafted…
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Summary: Athletic Brewing recently closed a $50 million equity financing round led by General Atlantic and other investors, bringing its valuation to around $800 million, as reported by The Wall Street Journal. The nonalcoholic beer company plans to utilize the…
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Non-Alcoholic Beer Gaining Traction in the Market The CEO of Athletic Brewing, Bill Shufelt, highlighted the success of large beer companies in expanding their core offerings into the non-alcoholic space. This shift has provided a significant boost to the fast-growing…
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Dive Brief: Tilray Brands introduced Runner’s High Brewing Company, a new nonalcoholic beer brand targeting active consumers seeking a healthier beer alternative. The brand will first launch in Atlanta, with plans for further market expansion later in the year. The…