Research in Focus
A look at the latest research, available in the just-drinks store.
There is future growth aplenty on offer in the Travel Retail channel, but a new report suggests a reappraisal of the traditional relationship between suppliers, operators and airport authorities would be of huge benefit to drinks brands going forward.
As economic cycles turn, consumers begin spending more freely and so it has proved as major economies have emerged from the economic crisis. In drinks categories, the premiumisation trend is therefore once more fuelling growth. According to a new just-drinks report, however, the deep and sustained global recession has left its mark on consumers and, in particular, on how they make premium purchasing decisions.
It has never been entirely clear whether the gulf between Champagne and other sparkling wines is down to an inferiority complex on the part of the latter or the superiority complex of the former.
Premiumisation has been such a critical trend and driver in the spirits sector that it is hard to imagine there are sectors where it has so far been under-exploited. However, a new report from The IWSR and just drinks suggests there are a number of spirits categories that still remain under-premiumised.
South Korean consumers are not engaging with energy drinks at the same level as the country's neighbours in South-East Asia.
The diverse liqueurs category has been becalmed in recent years, but the very diversity of the sector means that, while some areas might be declining, other areas are almost certain to be showing some growth.
The cider/perry market has witnessed phenomenal developments in the last ten years, making it the World's fastest-growing alcoholic drinks category, in volume terms.
Africa is the final frontier for beer, according to Euromonitor International’s latest global briefing 'Africa: The Final Frontier for Beer'.
Volume growth for alcoholic drinks globally remains subdued for a second year running and, at merely 0.8% for 2014, last year is set to be amongst the three lowest over the past decade.
Already one of the healthiest spirits categories, the Tequila sector is benefiting from two significant external factors in its prime market, according to a new IWSR/just-drinks report, namely the boom in craft distilling and the current resurgence of the American whiskey category.
For a long time seen as something of a poor relation in the spirits world, the rum category is identified as the "next big thing" in the global spirits market in a new IWSR/just-drinks report.
Global beer market volume sales in 2014 were forecast to grow by 2%, according to Euromonitor International, primarily driven by the top five global brewers, which account for 48% of global sales.
With global sales forecast to exceed US$214bn in 2015, bottled water will trail only carbonates in terms of total RSP value. Still bottled water alone ($155bn forecast for 2015) should eclipse the juice category ($153bn) thanks largely to an expected total value growth of $10.5bn in emerging and developing countries.
Earlier this month, Mark Anthony Group hung up the “For Sale” sign at its 14-year-old RTD beverage subsidiary Mike’s Hard Lemonade Co.
As diversity is what defines the non-Scotch whisky segment, it is subject to numerous and sometimes contrasting trends across the different whisk(e)y-producing countries. Nevertheless, while the category may represent a wide-ranging patchwork of national products, the trends in the key individual countries all appear to be pointing upwards, with a new IWSR/just-drinks report suggesting future growth is assured for the sector for the five-year period up to 2019.
- Six key trends for alcoholic drinks in 2016
- Aus wine industry pays price for past failures
- Ten things to know about spirits in the US
- Will value-sharing in Travel Retail become reality
- What's in store for Super Bowl 5 - Focus
- SABMiller hits back in UK corporation tax row
- Diageo's Orphan Barrel The Gifted Horse - NPD
- William Grant & Sons restructures US team
- American rye whiskey sales leap 600% in five years
- Moet Hennessy sees China rebound in strong FY
- What Next for Beer and Brewers Following the MegaBrew Deal?
- Global travel retail insights - market forecasts, product innovation and consumer trends
- Global Beer Trends 2015 : Global Beer Trends and Long-term Forecasts
- Global Whiskey Market 2016-2020
- Global sparkling wine insights - market forecasts, product innovation and consumer trends research