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Big Drop starts crowdfund as non-alc brewer readies overseas push.
- Source :
- Aroq - Just-Drinks.com (Global News); 6/26/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- UK alcohol-free beer specialist Big Drop is seeking £450,000 ($569,435) through a crowdfunding campaign to support its expansion into the US and Asia. The funds raised will be used to replicate Big Drop's business model in other markets, with the company already having licensing deals in Singapore and Australia. In the US, Big Drop currently has a contract brewing arrangement with Illinois-based brewer Destihl, but is also in discussions with other breweries for licensing agreements. The company aims to raise more than £10m since its establishment and forecasts international volume value of £3m in 2024. [Extracted from the article]
- Subjects :
- NON-alcoholic beer
BREWERS
NON-alcoholic beverages
BEER brewing
PALE ale
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Aroq - Just-Drinks.com (Global News)
- Publication Type :
- Report
- Accession number :
- 178086489