A little light reading for us beer geeks.

Market Forecast, Market Summaries, Market Trends Garett Senez Market Forecast, Market Summaries, Market Trends Garett Senez

Innovation in Alcoholic Drinks in 2024

Alcoholic drinks have always straddled the line between traditionalism and novelty, with heritage providing timeless gravitas, while innovation recruits younger consumers or allows for fresh occasions or need states to emerge. The pandemic years derailed new product launch pipelines as the focus shifted back towards streamlining operations, but as Gen Z is coming of age, brand and category promiscuousness replace blind loyalty, and new rituals emerge, what does the future hold for innovation?

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Market Forecast, Market Summaries Garett Senez Market Forecast, Market Summaries Garett Senez

Food, Beverages and Tobacco Global Industry Overview

In the latest report from PACRIM with Euromonitor, we examine how the food, beverages and tobacco industry is performing globally and in the largest countries in terms of food, beverages and tobacco output. The report also provides data for production, market size, imports, exports, industry costs, industry profitability and number of companies. The industry and market overview provide benchmarks against other countries in the region.

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Alcoholic Drinks in Middle East and Africa

Check out PACRIM’s Guide to Alcohol in the Middle East and Africa, where the alcoholic drinks market has made a swift recovery from the pandemic losses of 2020, returning to pre-COVID-19 sales levels already in 2023. In spite of the difficult economic situation, premiumization continued to be seen in Nigeria, although it slowed in 2023. Higher-income consumers, the key consumers of premium products, tend to less impacted by difficult economic conditions. Another trend being seen in a number of countries is the ongoing popularization of no-/low-alcohol products.

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Market Forecast, Market Summaries Garett Senez Market Forecast, Market Summaries Garett Senez

Alcoholic Drinks in El Salvador - July 2022 Market Update

Sales of alcoholic drinks rebounded in 2021 after declining in 2020. The on-trade made a better-than-expected resurgence as people began socialising once more thanks to the rollout of the vaccination programme. Beer and spirits remain the largest categories, while wine sales remain low. RTDs are also growing in popularity, especially among young adults.

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Recreating Social Occasions Post Covid in Craft Beer

This post considers what socialising will look like in a post-COVID-19 era, focusing on several key questions. A return to the “Roaring Twenties” in the beverages space or a continuing decimation of the on-trade? How has socialising changed (eg hometainment trends) and when will the on-trade recover? How will mood management impact this area? Overall, socialising is expected to become more dispersed as work habits shift, with consumers likely remaining cautious, even amidst a desire for normalcy.

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Market Forecast, Market Summaries, trade Garett Senez Market Forecast, Market Summaries, trade Garett Senez

Shifting craft beer market frontiers: opportunities in emerging Asia and Africa

As the craft beer industry continues to rebound post Covid-19, emerging and developing countries will remain the principal drivers of global economic growth in the long term. Asian consumers will continue to be key for global business, while African middle-class households are gaining importance.

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