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
Shrinking wallets, growing challenges – Declining consumption among Generation Z
While older generations continue to show a slight increase in…
Read more >FRISS 0,0% pomegranate-sour cherry flavoured, with natural caffeine
Discover a new dimension of refreshment with our alcohol-free, pomegranate-sour…
Read more >Bacardi opens a new chapter in the history of MARTINI®
Bacardi, a family-owned spirits company, is building on the values…
Read more >Related news
What makes us add the product to the cart – research
The latest joint research by PwC and Publicis Groupe Hungary…
Read more >Energy drinks are now legal: what every shopkeeper should know
New regulations on the sale of energy drinks came into…
Read more >Tens of millions with one opening tab – the biggest prize draw in XIXO history has started
This summer, XIXO is preparing for a bigger launch than…
Read more >