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Drop Bear Beer Co.
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==Idea== <vimeo>485869806</vimeo> Drop Bear launched in 2019 with a clear mission - brew game-changing alcohol-free beer and build a better world in which to drink it. We've since brewed >160000 bottles of beer and have had numerous award wins ranging from a World Beer Award to a Great British Entrepreneur Award. We craft each beer to be accessible to as many consumers as possible: all are vegan, gluten-free, low sugar and low calorie. We have 4 products available in 6 countries across the world with an additional market due to launch in early 2021. Around 84% of global drinkers want to reduce or moderate their consumption of alcohol. In 2020, the Global Non-Alcoholic Drinks market was valued at roughly $18 billion. In the UK, the Low & No category sits at Β£450m with growth of 58% 2019-2020. We've been trading for 18 months and despite the restrictions of COVID-19 our revenue has increased +1907% Oct '19 versus Oct '20 and sales growth experienced over the initial lockdown was +1875% Feb-Aug 20. Total revenue for the calendar year to Oct '20 was Β£89,330 (EBITDA -Β£149k). We've got the beer, the brand - now it's time for the brewery! We are raising to expand the team and plan to build only the second dedicated alcohol-free brewery in the UK to: * Sustainably scale up production security & control * Further foster innovation & collaboration * Improve environmental commitment * Create an additional, compelling USP
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