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RTD Alcoholic Beverages Market Anticipated To Reach USD 17.4302259 Billion By 2030 With CAGR Of 6.53% By 2023 - 2030, Due To Rising Consumer Preference For Low-Alcoholic Beverages

According to a new market research report published by Global Market Estimates, the global alcohol ingredients market is projected to grow at a CAGR of 4.5% from 2024 to 2029. The growth of the global alcohol ingredients market is driven by changing consumer preferences towards premium and craft beverages, rising demand for flavored alcoholic beverages, and the expansion of the beverage industry. Browse 147 Market Data Tables and 115 Figures spread through 163 Pages and in-depth TOC on “Global Alcohol Ingredients Market - Forecast to 2029’’ https://lnkd.in/eq56GdE  #GlobalAlcoholIngredientsMarket #GlobalMarketEstimates #GME

What are the seasonal patterns in the US beverage alcohol market, and how do these shift by category and by state? Most importantly, what impact do these trends have on brand owner strategy planning? Find out more in our latest US Navigator data. Read our full analysis on the Insights section of our website. IWSR’s newly launched product, US Navigator, tracks monthly beverage alcohol consumption by price tier across all US states, going back to 2019. 

📰 IWSR highlights the key factors shaping the outlook of the #RTD category in 10 markets—Australia, Brazil, Canada, China, Germany, Japan, Mexico, South Africa, the UK, and the US—and presents five key questions that beverage alcohol stakeholders should be asking themselves as they plan their business strategy: "Now, as high inflation and cost-of-living continues to impact spending levels across beverage alcohol, RTDs are also serving as a crucial entry point for consumers who want to enjoy premium spirits at a fraction of the bottle price." https://lnkd.in/eTyvtr4n

Consumer enthusiasm about distilled spirits means they're spending more than usual to enhance their cocktail experiences with super-premium brands. In fact, the CAGR for the the premium alcohol beverages market is expected to grow 8.43% over the next four years. This study from Mordor Intelligence found that "the premium alcoholic beverages market growth rate is positively impacted by rising disposable income, a growing young adult population around the world, and rising consumer demand for premium or super-premium products." -- https://zurl.co/S5mf As consumers continue to drink "less but better," premium spirits demand premium mixers. Crafted with flavorful, high-quality ingredients to support premium spirits and the elevated experience you offer your patrons, Longbottom & Co. Virgin Mary provides the better base premium spirits deserve. Contact [email protected] for samples, and get more information at servelongbottom.com

Sales of NA beer, wine, and spirits are soaring. What’s in them and how healthy are they? Nonalcoholic (NA) beverages have witnessed a significant surge in popularity, with sales increasing by 32% from 2022 to 2023. This growth can be attributed to the rising awareness of the health risks associated with alcohol consumption and a growing interest in sobriety and moderation. NA beverages, which contain less than 0.5% alcohol by volume (ABV), offer a healthier alternative for those seeking to reduce their alcohol intake or avoid it altogether. Read more: https://lnkd.in/dUdeW_vR

The global market for non-alcoholic beverages not containing milk is constantly evolving, with key players looking to expand their reach into new markets. According to IndexBox data, the largest importers of these beverages are the United States, Germany, China, the UK, and France. These countries account for a significant share of the global import market, offering ample opportunities for suppliers and manufacturers looking to tap into the demand for non-alcoholic beverages. #nonalcoholicbeverages #importmarkets #beverages #globaltrade #marketanalysis #IndexBox #datatrends #foodandbeverage #exporters #opportunities #supplychain https://lnkd.in/dnFm44Mj

As a leading bottling company in Hong Kong, we recognise how we produce and market our beverage brands impacts 7.5 million consumers. Accordingly, just as we seek to enable consumers to make better choices, we seek to make choices in our business that foster sustainable consumption patterns and accelerate trends towards healthier options.  Aligning closely with our manifesto “Our Choice, Our Future!” and United Nations’ SDG3 Good Health and Well-being and SDG12 Responsible Consumption and Production, as of 2023, we at Swire Coca-Cola HK (SCCHK) have achieved a significant milestone by reducing the average sugar content in our beverages by 21% compared to our 2018 baseline. We were also thrilled to introduce new products such as “OOHA" Lemon Honey and bonaqua® Lightly Sparkling Mineralised Water in both Lemon and Grapefruit flavours. With the growing popularity of low- and no-sugar beverages, these options now account for 59% of our total sales volume, giving people in Hong Kong more of the drinks they want in the manner they want them. Looking ahead, SCCHK remains committed to expanding our no-sugar product range and continuing to meet the needs and expectations of our consumers, customers, and partners.  #SwireCocaColaHK #SCCHK #OurChoiceOurFuture #SustainableLiving #LowSugar #NoSugar #Innovation #SDG3 #SDG12

👀 Tunnel of Love Tuesday 💡⚡The beverage alcohol industry is evolving at the speed of light. The new generation of health focused consumers are driving a spike in non-alcoholic and low ABV beverages. This trend is clear, and it’s not going away anytime soon and what’s important to acknowledge is the emerging research surrounding the safety of these types of production processes. Unfortunately, many operations have rushed into the arena without understanding the risks associated with non-alcoholic production which can in turn put the safety of consumers at risk. As manufacturers of pasteurizers, part of our job is to dive into the research and understand the importance of incorporating pasteurization into non-alcoholic operations. 🤗 Don't forget! We custom build and price compete to allow beverage operations of all sizes an easy transition into the fastest booming sector in the industry. 👣 Smallest footprint in the industry 💪 Support every step of the way #pasteurization #nonalcoholic #sobercurious #madeincanada #pasteurizer #qualitycontrol