Douglas Hoenig’s Post

Hard seltzer may have hogged the spotlight of the ready-to-drink (RTD) beverage alcohol market in recent years, but spirit-based RTDs and canned cocktails are providing the buzz today. Take a look at the ever-growing Ready-to-Drink category with Beverage Dynamics below: #beverageindustry #2024trends

In recent years, non-alcoholic cocktails and beverages have seen a remarkable surge in popularity. As consumers increasingly seek alternatives to traditional alcoholic drinks, the beverage industry is adapting rapidly, with implications for brands, manufacturers, and retailers alike. #ExplorerResearch #ShopperInsights #Insights #BeverageTrends https://hubs.li/Q02FCmjK0

In recent years, non-alcoholic cocktails and beverages have seen a remarkable surge in popularity. As consumers increasingly seek alternatives to traditional alcoholic drinks, the beverage industry is adapting rapidly, with implications for brands, manufacturers, and retailers alike. #ExplorerResearch #ShopperInsights #Insights #BeverageTrends https://hubs.li/Q02DdCLD0

In recent years, non-alcoholic cocktails and beverages have seen a remarkable surge in popularity. As consumers increasingly seek alternatives to traditional alcoholic drinks, the beverage industry is adapting rapidly, with implications for brands, manufacturers, and retailers alike. #ExplorerResearch #ShopperInsights #Insights #BeverageTrends https://hubs.li/Q02Ddg0V0

🍹 𝐂𝐡𝐞𝐞𝐫𝐬 𝐭𝐨 𝐂𝐨𝐧𝐯𝐞𝐧𝐢𝐞𝐧𝐜𝐞: 𝐀𝐥𝐜𝐨𝐡𝐨𝐥𝐢𝐜 𝐑𝐓𝐃 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 🌟 📥 Download your PDF: https://lnkd.in/dNZwVhvZ Summary: Explore the expansive global market of Alcoholic RTD Beverages from 2018 to 2021, with future forecasts up to 2030. The market is projected to grow at a robust CAGR of 7.2% from 2023 to 2030. Alcoholic Ready-to-Drink (RTD) beverages offer a convenient and flavorful drinking experience. From hard seltzers to wine spritzers, these beverages cater to a variety of tastes and occasions, making them a popular choice among consumers. By Type: -Hard Seltzers -Hard Kombucha -Flavored Alcoholic Beverages -Cocktails and Long Drinks -Hard Tea -Hard Coffee -Wine Spritzers / Coolers -Sake RTDs -Other Types By End-User: -Retail/Household -Food Service Top Companies: Brown-Forman The Boston Beer Company Bacardi Manchester Drinks Company Ltd Halewood Artisanal Spirits Carlsberg Group Anheuser-Busch Austin Eastciders Molson Coors Beverage Company United Brands LLC #AlcoholicRTD #ConvenienceDrinks #BrownForman #BostonBeer #Bacardi #ManchesterDrinks #HalewoodArtisanalSpirits #Carlsberg #AnheuserBusch #AustinEastciders #MolsonCoors #UnitedBrands #MarketGrowth #GlobalMarketAnalysis #SNR Stats And Research

As two-in-five drinkers (42%) believe drinking a flavoured sparkling water is as enjoyable as a carbonated soft drink (Mintel '24) This offers a significant opportunity for innovation within the flavoured waters category, particularly given the successes enjoyed by competing categories like carbonated soft drinks and juices where new product development and launches have been much higher. At Simpsons Beverages we are always at the forefront of the very latest trends in the beverage industry. Our team are equipped with market insights enabling you to make informed decisions when it comes to selecting your next flavour range. Read more about the latest trends and insights from the UK flavoured water market: https://hubs.ly/Q02-6yBt0 #beverageindustry #flavourperfected #beveragetrends #nolo

Ready-to-Drink beverages, or #RTDs, have emerged as a powerful force in the #BeverageAlcohol market. The fastest-growing category in the industry, RTDs now account for over 12% of total beverage alcohol consumption in the US. Traditional categories like #hardseltzers led the initial boom, but newer offerings such as canned cocktails and spirit-based RTDs are now growing in popularity. RTDs have rapidly gained popularity in #OnPremise locations, especially in casual dining and high-traffic venues where convenience is key. Offering strong margins for operators due to lower labor costs and quick service potential, RTDs are reshaping the on-premise experience. So read on for three quick insights into On-Premise RTD consumption, or download our insight sheet for even more #AI powered insights! 1: Tequila based spiked seltzers/RTDs have increased in popularity by 38% and are now the most popular in the category 2: Berry, Peach and Grapefruit flavors have the fastest growing popularity among Hard Seltzer/RTDs 3: While Seltzer popularity is increasing across most occasions, Trivia night has seen the fastest growth at +200% since 2021 As always feel free to visit our blog The Handshake. for more actionable insights in to the factors that are driving On-Premise consumption https://lnkd.in/ecJ9saVG

Our research revealed 71% of soft drink and 80% of alcohol businesses anticipate higher profits in 2024. With the beverage market set to hit $141.9B, explore the top five trends defining the industry: https://brnw.ch/21wN0Qa #Beverage #FoodandBeverage

Tequila!   Many large players such as White Claw, and The Boston Beer Company (maker of Truly) are expanding their offerings and releasing tequila-flavored ready-to-drink (RTD) cocktails as consumers are increasingly turning to tequila offerings in the beverage alcohol sector.   I had the opportunity to share my insights and thoughts on this surging trend with The Food Institute. In the article, I emphasized how innovations in ready-to-drink (RTD) formats, including tequila-based seltzers and margaritas, are meeting consumer demand for novel flavors. Additionally, I pointed out that tequila production has remained stable despite global supply chain disruptions and highlighted the increasing consumer preference for high-quality artisanal spirits.   Read the full article here: https://lnkd.in/gB9f-3Ci   #Tequila #BeverageIndustry #MarketTrends #ConsumerInsights #RTDCocktails

Who isn't ready to drink? 😎🍹 Whether it's the rise of Tequila RTDs (up 38% since 2021!) or the explosive popularity of Spiked Seltzers at country music events 🎶 (up 134%), these beverages are taking over every occasion. From berry flavors 🍓 to grapefruit 🧃, the trends are as refreshing as the drinks themselves. Ready to dive into the latest RTD insights? Let's get sippin'! 🥤📊 #ReadyToDrink #RTDTrends #PoweredByGroundSignal #OnPremiseInsights