Gen Z drives alcohol reduction trends, reveals Innova Market Insights
The avoidance of alcohol is fast becoming the norm for a growing minority of global consumers. While this trend is evidenced across all age groups, it is most apparent in Generation Z consumers, with as many as a third of consumers aged 18-25 now saying that they never consume alcohol, according to a new report from Innova Market Insights.
Notably, the market researcher says this trend creates an entirely new sub-category within the alcoholic drinks market. Younger consumers appear reluctant to turn their backs on either the taste or sophistication of beer, wine and spirits in favor of traditional soft drinks.
As a result, alcohol-free choices are flooding the shelves, and concepts are becoming more attractive with botanicals in NPD.
Food Ingredients First
Related news
They want it to be premium, but also sustainable – expectations of the youngest generation
GlobalData’s latest report, “Demographics in Retail and Apparel” – which…
Read more >Drop in alcohol consumption in France driven by wine, study says
The fall last year was attributed mostly to a 4.2%…
Read more >Boots full of experiences: Favorite gifts of European Generation Z
While they wouldn’t say no to the latest AirPods or…
Read more >Related news
Recognition of Consumer Protection Excellence: Honoring the Best of 2024
This year’s outstanding consumer protection officers and special award recipients…
Read more >The Joy of Giving! – SPAR stores collect non-perishable food for people in need
The Hungarian Maltese Charity Service and SPAR Hungary have launched…
Read more >KSH: industrial production decreased by 0.2 percent in October
In October, the volume of industrial production fell by 0.2…
Read more >