US: Beam Inc lowers Maker's Mark abv as demand rises
Beam says Marker's Mark tastes the same
Beam Inc is reducing the alcohol content of Maker's Mark to help keep pace with a spike in demand.
The US company told just-drinks today (11 February) the Bourbon will fall from 45 to 42% abv, with the lower-alcohol bottles on shelves "in the coming weeks". Asked if there will be a price change, a spokesperson said Beam does not discuss its pricing strategy for competitive reasons.
The company said the decision was made after demand outstripped Beam's production capacity. “We never imagined that the entire Bourbon category would explode as it has over the past few years, nor that demand for Maker’s Mark would grow even faster,” Beam COO Rob Samuels wrote in a letter to the company's customer community on Saturday.
Samuels said the new formula is “completely consistent with the taste profile” of Maker's Mark's original recipe and the rest of the production process remains unchanged.
In full-year results released last week, Beam said Maker's Mark posted a 15% year-on-year sales growth in 2012. The company has been trying since at least 2009 to reduce Maker's Mark's reliance on the US market. “We believe America's native spirit has a bright future around the world,” Beam said.
The Beam spokesperson said today that the US is "by far the largest market for Maker’s Mark and demand has been tremendous".
This is the second edition of our popular ranking of the world's leading spirits brands....
Changing demographics, growing economies, increased disposable income and the rise in international and business travel have all contributed to the burgeoning travel retail sector....
Over the last 10 years RTD's as a category may not have grown at anywhere near the level it did between 1998 and 2003 but it has, nevertheless enjoyed steady global growth. This reality flies in the f...
- Interview - Bacardi global marketing boss, whisky
- Comment - Hybrid Spirits: Innovation or Laziness?
- Has Coca-Cola Jumped From Frying Pan to Fire?
- Constellation grapples with glass as reality bites
- Brewers Feel Prolonged Russian Winter
- Mast-Jägermeister targets UK off-trade boost
- Diageo doubles intake for spirits start-ups scheme
- Second senior exec to depart Bacardi
- Portman finds against Diageo "mix it up" tagline
- Bacardi sees North America president step down