Get the app today! Download iPhone App Download Android App

No- And Low-Alcohol Consumption To Increase By A Third By 2024, Study Finds

Published on Mar 1 2021 8:56 AM in Drinks tagged: Featured Post / Trending Posts / Beer / spirits / cider / Paywall / IWSR / World News / IWSR Drinks Market Analysis

No- And Low-Alcohol Consumption To Increase By A Third By 2024, Study Finds

Total volumes in the no- and low-alcohol drinks segment are forecasted to grow by just under a third (31%) in the period to 2024, a new study by IWSR Drinks Market Analysis has found.

The No- and Low-Alcohol Strategic Study 2021 found that the segment gained share within the total alcohol beverage market to 3% last year, in spite of wider challenges facing the sector due to the pandemic.

“What we’re seeing is a moderation trend that’s sweeping across key global markets, and that’s bringing with it increased demand for reduced alcohol, or alcohol-free drinks,” commented Mark Meek, CEO of London-based IWSR Drinks Market Analysis.

please subscribe or sign in to continue reading

image description

Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.

A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!

Share on Facebook Share on Twitter Share on LinkedIn Share via Email