GlobalData: Five Trends in Spirits, Wine for 2021/22
GlobalData predicts new trends in spirits and wine resulting from supply chain disruptions, climate change issues, and a shift in consumer attitudes.
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GlobalData predicts new trends in spirits and wine resulting from supply chain disruptions, climate change issues, and a shift in consumer attitudes.
GlobalData predicts new trends in spirits and wine resulting from supply chain disruptions, climate change issues, and a shift in consumer attitudes.
18th February 2021 As trends towards health and wellness continue to mount, producers in Western Europe are expanding their portfolios with low and no ABV products. Led by the beer and cider sector in 2010s, the 2020s will be the decade of âNoLoâ spirits, according to analytics firm GlobalData. Between 2020â2024, low ABV products in the Western Europe Spirits sector are expected to rise at a compound annual growth rate (CAGR) of around 2.6%. Holly Inglis, Beverages Analyst at GlobalData, commented: âAfter what was a tumultuous 2020, consumers are more determined than ever ...