Latest news with #Beverage
Hospitality Net
27-05-2025
- Business
- Hospitality Net
Pattabiraman A has been appointed Director of Food & Beverage at The Ritz-Carlton, Bangalore in Bengaluru
The Ritz-Carlton, Bangalore is pleased to announce the appointment of Pattabiraman A as the Director of Food & Beverage. With over two decades of experience in hotel administration and F&B operations, Pattabiraman brings exceptional expertise in driving revenue growth, enhancing customer satisfaction, and elevating employee engagement across leading hospitality properties in Middle Eastern countries and India. Pattabiraman has established himself as an innovative and creative leader through his career, holding key positions at prestigious hotels. Most recently, he served as the Director of Food and Beverage at Park Hyatt Chennai, India, where he demonstrated excellence in operational leadership and strategic management. In his role at The Ritz-Carlton, Bangalore, Pattabiraman will oversee all food and beverage operations, focusing on culinary innovation, service excellence, and strategic growth. He will collaborate closely with the hotel's leadership team to ensure that dining experiences reflect the luxury standards and cultural richness for which The Ritz-Carlton is renowned globally. As he takes the helm of the Food & Beverage division, Pattabiraman will bring his signature blend of creative vision and operational mastery to elevate the hotel's diverse dining concepts. His strategic approach aims to showcase the finest global cuisines while celebrating Karnataka's rich culinary heritage, positioning The Ritz-Carlton, Bangalore as the city's epicenter of gastronomic excellence and innovation. The Ritz-Carlton, Bangalore is delighted to welcome Pattabiraman A to its distinguished leadership team, confident that his wealth of international experience and passion for culinary artistry will inspire new heights of luxury dining that resonates with both international travelers and local connoisseurs alike.
Business Wire
05-05-2025
- Business
- Business Wire
Agilysys to Report Fiscal 2025 Fourth Quarter Results
ALPHARETTA, Ga.--(BUSINESS WIRE)--Agilysys, Inc. (Nasdaq: AGYS), a leading global provider of hospitality software solutions and services that deliver High Return Hospitality, announced today that it will release its fiscal 2025 fourth quarter results after the market closes on Monday May 19, 2025 and host a conference call and webcast at 4:30 p.m. ET that day. Both the call and webcast are open to the public. All participants should register for the call using the participant registration URL: Once registered, participants will receive a confirmation email with the dial-in instructions and a unique PIN number to access the live call. Interested parties also can listen to the conference call live via the Internet at Approximately two hours after the call concludes, an archived version of the webcast will be available for replay at the same location. About Agilysys Agilysys exclusively delivers state-of-the-art software solutions and services that help organizations achieve High Return Hospitality™ by maximizing Return on Experience (ROE) through interactions that make 'personal' profitable. Customers around the world use Agilysys Property Management Systems (PMS), Point-of-Sale (POS) solutions, Food & Beverage Inventory and Procurement (I&P) systems and accompanying hospitality ecosystem solutions to consistently delight guests, retain staff and grow margins. Agilysys' 100 percent hospitality customer base includes branded and independent hotels; multi-amenity resorts; casinos; property, hotel and resort management companies; cruise lines; corporate dining providers; higher education campus dining providers; food service management companies; hospitals; lifestyle communities; senior living facilities; stadiums; and theme parks.
Yahoo
24-03-2025
- Business
- Yahoo
Alcoholic Beverages Market Trends and Forecast Report 2025-2033: Revenues to Grow by Nearly $1 Trillion
Major Companies Investing in Innovation with Alcohol-Free Products and Sustainable, Healthier Beverages to Stay Competitive Alcoholic Beverage Market Dublin, March 24, 2025 (GLOBE NEWSWIRE) -- The "Alcoholic Beverage Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" report has been added to Alcoholic Beverages market is expected to reach US$ 2.88 trillion by 2033 from US$ 1.85 trillion in 2024, with a CAGR of 5.02% from 2025 to 2033. Major factors driving the market's growth include shifting consumer preferences for craft and premium beverages, rising disposable incomes, strict government regulations, the e-commerce industry's notable expansion, the growing demand for low-alcohol alternatives, new social and cultural influences, etc. Rise in Disposable IncomesGrowing consumer disposable income, especially in emerging economies, is directly related to the expansion of the global alcoholic beverage market. With increased economic prosperity, people and households are more likely to devote a portion of their income to discretionary spending, which includes drinking alcohol. For example, it was projected that household spending and disposable incomes would rise by 2.6% globally in 2022. Additionally, in 2021, families in the EU spent over €1.035 billion (or 7.1% of the EU GDP) on "food and non-alcoholic drinks," which accounted for almost 14.3% of all household expenses. In addition, consumers may be more prepared to pay for the convenience of ordering alcoholic beverages online or through delivery services if they have greater discretionary cash.E-commerce platforms satisfy the tastes of wealthy customers by providing a large range of products, including specialist and premium goods. For example, SNDL Inc. introduced a new e-commerce platform for its destination liquor retail brand, Wine and Beyond, in October 2023. The platform's goal was to make the banner's wide range of products - which includes rare spirits, regional and foreign breweries, and distinctive wines - more accessible and widely known. The market projection for alcoholic beverages is also being positively impacted by these Premiumization of ProductsCustomers are willing to spend more on goods that are regarded as superior, distinctive, or exclusive when disposable incomes rise globally. These goals are achieved by premium alcoholic beverages, which provide exceptional flavor, craftsmanship, and brand reputation. In 2021, for example, 21.7 million 9-liter cases of premium whiskey and 21.1 million 9-liter cases of premium vodka were drank, according to the Distilled Spirits Council of the United States. Additionally, the year-over-year growth rates for vodka and super-premium whiskey were 13.9% and 14.1%, respectively. In addition, consumers who are daring and ready to try new cuisines and culinary adventures are drawn to exotic flavors. Alcoholic beverage firms can capitalize on this feeling of adventure and draw in customers looking for high-end drinking experiences by providing exotic Preferences of CustomersThere has been a notable shift in customer tastes towards premium and craft products in the worldwide alcoholic beverage sector. Due to their demand for original and novel taste experiences, consumers are increasingly looking for distinctive and premium alcoholic beverages. As a result of this tendency, boutique wineries, artisanal distilleries, and microbreweries have grown in popularity, appealing to a niche market. For example, Goose Island Beer Co. finally launched their eagerly anticipated brewpub in May 2024 at the Salt Shed entertainment complex, which is located directly across the river from the island that bears its name. The new brewpub would have a redesigned cuisine, a rotating beer list, and both inside and outdoor are also more willing to try novel and inventive alcoholic beverages, which encourages more experimentation with ingredients, flavors, and brewing and distilling methods. The Coca-Cola Company, for example, introduced a range of ready-to-serve "flavored wine cocktails" under its Minute Maid and CSD juice brands in December 2023. There would be three varieties of Minute Maid Spiked: lime margarita, strawberry daiquiri, and pina Consumer PreferencesThe market for alcoholic beverages is being greatly impacted by shifting customer tastes. Low-alcohol, alcohol-free, and functional beverages are becoming more and more popular as a result of the growing trend of health-conscious customers, especially among younger generations. Traditional alcohol producers have a difficulty as a result of this change since they have to modify their products to satisfy these new tastes while preserving their brand identity. Nowadays, a lot of customers place a higher priority on wellbeing and mindful drinking, looking for substitutes that provide comparable social experiences without the detrimental health impacts of alcohol use. Traditional alcohol firms are making investments in innovation to remain competitive, introducing alcohol-free and low-alcohol versions of their well-liked goods, and creating new drinks that satisfy consumers' growing need for sustainable, healthier and Legal BarriersLegal and cultural restrictions pose serious problems for the world market for alcoholic beverages. Religious convictions and cultural standards have a significant impact on alcohol use in many areas, which frequently restricts its adoption. For instance, because alcohol is prohibited by religion, nations with sizable Muslim populations may enforce stringent laws or outright ban it. Additionally, the commercial potential for alcoholic beverages may be limited in some areas due to stigmatization or bad perceptions of alcohol drinking. Market access is made more difficult by legal restrictions including high taxes, age limitations, and advertising laws. These obstacles may make it difficult for alcohol brands to enter particular regions or reach particular consumer segments, requiring businesses to modify their packaging, marketing plans, and even product formulas to conform to regional legal and cultural Beverages Market Overview by RegionsBy countries, the global Alcoholic Beverages market is divided into United States, Canada, France, Germany, Italy, Spain, United Kingdom, Belgium, Netherlands, Turkey, China, Japan, India, Australia, South Korea, Thailand, Malaysia, Indonesia, New Zealand, Brazil, Mexico, Argentina, South Africa, Saudi Arabia and States Alcoholic Beverages MarketStrong consumer demand for beer, wine, spirits, and ready-to-drink (RTD) products has made the US market for alcoholic drinks one of the biggest and most varied in the world. Although premium goods, artisan beverages, and spirits like whiskey, vodka, and tequila are becoming more and more popular, beer still dominates the market. The market is also being impacted by health-conscious trends, as evidenced by the growing demand for functional, low-alcohol, and alcohol-free beverages as well as organic and sustainable options. Customers now find it simpler to buy alcoholic beverages online thanks to the market's additional transformation brought about by the e-commerce boom. Consumer tastes are also still influenced by social and cultural trends, such as the rising appeal of cocktail culture and experience drinking. The United States continues to be a vital market for producers of alcoholic beverages despite Kingdom Alcoholic Beverages MarketDiverse customer tastes across beer, wine, spirits, and ready-to-drink (RTD) categories define the UK alcoholic beverage market. The largest category is still beer; however, craft beers have been increasingly popular recently. Demand for wine has increased, particularly for premium and organic varieties, although gin, whisky, and vodka are still well-liked alcoholic beverages. Consumers' growing health consciousness is impacting the market by driving up demand for functional, low-alcohol, and alcohol-free beverages. E-commerce platforms, which provide ease and a greater range of products, have also emerged as an essential distribution route. Consumer choices in the UK are also being influenced by social trends like the cocktail culture and the growing appeal of locally made, sustainably produced Alcoholic Beverages MarketIndia's market for alcoholic beverages is expanding quickly due to factors including urbanization, growing middle class, and rising disposable incomes. The most popular alcoholic beverage is still beer, especially among younger people, although demand for spirits like vodka, rum, and whisky is also rising. Due to Indian customers' growing preference for international spirits and premium brands, the market for craft and premium alcohol is growing. Alcoholic drinks are becoming more and more popular as social events, clubs, and pubs proliferate. Additionally, the demand for non-alcoholic and low-alcohol beverages is being driven by health-conscious trends. E-commerce platforms have further accelerated industry expansion by making it simpler for customers to access a wider variety of products. Notwithstanding regulatory obstacles, the market is expected to grow Arab Emirates Alcoholic Beverages MarketBecause of the legal and cultural framework of the United Arab Emirates (UAE), which restricts and regulates alcohol usage in specific locations, the market for alcoholic beverages there is distinct. Notwithstanding these restrictions, the market is expanding due to the surge in tourism and the growing number of expats. Beer, wine, and spirits are popular alcoholic beverages, and demand for premium products is rising, especially among wealthy consumers. Alcohol consumption in the United Arab Emirates is significantly influenced by the hospitality industry, which includes hotels, restaurants, and bars. A growing trend toward health-conscious drinking is also impacting the market, as evidenced by the growing demand for alcohol-free and low-alcohol products. In the UAE, a greater variety of alcoholic beverages are becoming more accessible due to the growing e-commerce scene. Company Analysis: Overview, Recent Developments, Revenue Analysis Anheuser-Busch InBev S.A./N.V. Carlsberg Group Constellation Brands Inc. Heineken N.V. Molson Coors Beverage Company Pernod Ricard S.A. Suntory Holdings Limited Key Attributes Report Attribute Details No. of Pages 200 Forecast Period 2024-2033 Estimated Market Value (USD) in 2024 $1.85 Trillion Forecasted Market Value (USD) by 2033 $2.88 Trillion Compound Annual Growth Rate 5.0% Regions Covered Global Key Topics Covered1. Introduction2. Research & Methodology3. Executive Summary4. Market Dynamics4.1 Growth Drivers4.2 Challenges5. Global Alcoholic Beverages Market6. Market Share6.1 Type6.2 Packaging6.3 Distribution Channel6.4 Country7. Type7.1 Beer7.2 Distilled Spirits7.3 Wine7.4 Others8. Packaging8.1 Glass Bottle8.2 Tin8.3 Plastic Bottle9. Distribution Channel9.1 Convenience Stores9.2 On Premises9.3 Liquor Stores9.4 Grocery Shops9.5 Internet Retailing9.6 Supermarkets10. Country10.1 North America10.1.1 United States10.1.2 Canada10.2 Europe10.2.1 France10.2.2 Germany10.2.3 Italy10.2.4 Spain10.2.5 United Kingdom10.2.6 Belgium10.2.7 Netherlands10.2.8 Turkey10.3 Asia-Pacific10.3.1 China10.3.2 Japan10.3.3 India10.3.4 South Korea10.3.5 Thailand10.3.6 Malaysia10.3.7 Indonesia10.3.8 Australia10.3.9 New Zealand10.4 Latin America10.4.1 Brazil10.4.2 Mexico10.4.3 Argentina10.4.4 Middle East & Africa10.4.5 Saudi Arabia10.4.6 UAE10.4.7 South Africa11. Porter's Five Analysis11.1 Bargaining Power of Buyers11.2 Bargaining Power of Suppliers11.3 Degree of Rivalry11.4 Threat of New Entrants11.5 Threat of Substitutes12. SWOT Analysis12.1 Strength12.2 Weakness12.3 Opportunity12.4 Threat13. Key PlayersFor more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Alcoholic Beverage Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Yahoo
18-02-2025
- Automotive
- Yahoo
ABB INDIA EXTENDS LOW VOLTAGE FLAMEPROOF MOTOR RANGE FOR SAFE OPERATIONS IN HAZARDOUS ENVIRONMENTS
ABB India extends its low voltage flameproof motors range, offering safety, reliability, and efficiency in larger frames. Designed for industries with potentially explosive environments such as Oil & Gas, Chemicals, Pharma, and Food & Beverage, the motors comply with PESO certification. These Made-in-India motors are available in IE2, IE3, and IE4 efficiency classes, now offer wide output ranges (37kW – 500kW) and can operate in temperatures from -20°C to +60°C. BENGALURU, India, Feb. 18, 2025 /PRNewswire/ -- ABB India has today unveiled its latest range of flameproof motors as the safest choice in potentially explosive environments. This extended range of low voltage flameproof motors marks a significant advancement in the company's product portfolio for hazardous environments. Engineered to outrun, these motors are specifically designed for use in industries such as Oil & Gas, Chemicals, Pharma, and Food & Beverage, where the presence of hazardous gases make safety and reliability a top priority. Manufactured at ABB's state-of-the-art Bengaluru facility, these motors offer safety, reliability, durability and energy efficiency, while adhering to PESO (Petroleum and Explosive Safety Organization) regulatory requirements. With power ratings ranging from 37kW to 500kW, these larger motors are available in frame sizes 280-355 and are certified for use in gas groups IIA, IIB, and IIC. Its advanced flameproof design includes pressure-tested enclosures capable of withstanding high pressure, preventing flame propagation in the event of an internal explosion. "With this launch of our latest range of LV flameproof motors, industries operating in hazardous environments can now achieve unmatched safety, reliability, and energy efficiency. Engineered to outrun, these Made-in-India motors are designed for the toughest conditions, combining advanced flameproof technology with superior performance. Leaner and cleaner, they enhance operational efficiency while ensuring compliance with global standards," said Sanjeev Arora, President, Motion Business, ABB India. With this launch, ABB India completes the entire range of flameproof motors with output ranging from 0.18kW – 500kW. With their ability to function at ambient temperatures ranging from -20°C to +60°C, these motors are built for the most demanding industrial environments, offering superior protection and durability. Energy efficiency and performance at the core ABB's new flameproof motors are available in IE2, IE3 and IE4 efficiency classes, designed to optimize performance while reducing energy consumption. Considering that most of the equipment have design margin when selecting motors, for major part of their operations the motors are partially loaded. Higher efficiency at around 75% loading ensures optimal energy use, helping the users achieve significant cost savings over the long term. For variable torque applications operating predominately at partial loads, running these motors with variable frequency drives (VFD) saves significant energy. With lower noise levels due to precision manufacturing processes, these motors deliver smoother, quieter operation, enhancing workplace safety and reducing maintenance requirements. ABB's flameproof motors are trusted by industries worldwide, with over 500,000 motors in potentially explosive environments supplied globally, reinforcing ABB's leadership in providing safe, efficient, and reliable solutions for hazardous environments. ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this 'Engineered to Outrun'. The company has over 140 years of history and around 110,000 employees worldwide. ABB's shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB). ABB Motion, a global leader in motors and drives, is at the core of accelerating a more productive and sustainable future. We innovate and push the boundaries of technology to contribute to energy efficient, decarbonizing and circular solutions for customers, industries and societies. With our digitally enabled drives, motors and services we support our customers and partners to achieve better performance, safety and reliability. To help the world's industries outrun – leaner and cleaner, we deliver motor-driven solutions for a wide range of applications in all industrial segments. Building on over 140 years of domain expertise in electric powertrains, our more than 22,000 employees across 100 countries learn and improve every day. Photo: View original content to download multimedia: Sign in to access your portfolio
