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Daily Newsletter

14 November 2023

Daily Newsletter

14 November 2023

Premium priorities persist – spirits executives talk “creating value”

Distillers, non-alc brands, mixer businesses and RTD suppliers all discussed the dreaded “race to the bottom”.

Henry Mathieu November 14 2023

Seedlip’s Ben Branson, Lyre’s Cameron Parker and Crossip’s Tim Blake talk at the London conference, 2023. Credit: Arena International Events Group / LinkedIn.

Almost a year ago, Nestlé revealed its plans to make its waters and “premium beverages” activities a stand-alone entity from the start of 2025.

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Flavored alcoholic beverages forecasted to register the fastest growth within the alcoholic beverages packaging industry

The global alcoholic beverages packaging industry has grown to 445.4 billion units in 2022, with volumes forecasted to grow at a CAGR of ~2% by 2027. The Asia-Pacific represented the largest region in 2022, followed by the Americas. Glass was the most used pack material globally, followed by rigid metal and rigid plastics. Volume-wise, the industry was led by the beer & cider sector in 2022, while the flavored alcoholic beverages sector is forecast to register the fastest growth at a CAGR of 6.1% during 2022–27, followed by spirits and wine.

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