Why the non-alcoholic drinks market is finally taking off

  • 📰 YahooSG
  • ⏱ Reading Time:
  • 86 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 71%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

The global non-alcoholic beverages market is expected to grow from US$923 million in 2020 to more than US$1.7 trillion by 2028.

Participating in “Sober October” for the first time? You’re not alone.

According to data gathered by Tastewise and shared with Yahoo Finance, web searches for non-alcoholic beverages are up 47% from the same period last year after hitting an all-time low in April 2020. Tastewise also reported that restaurant and bar mentions of non-alcoholic beverages are up 52% from last year.that the global non-alcoholic beverages market is expected to grow from $923 million in 2020 to more than $1.7 trillion by 2028, growing at a compound annual growth rate of 8.19%.

, a line that includes alcohol-free vodka, gin, tequila, and bourbon, and the American Alcohol Free Spirit Association — said the booze-free industry was so small in 2016, there were very few dry options on the market.“At the time there were only two players or competitors: Arkay, which began in 2011 founded by myself, and Seedlip in 2015, funded by Diageo, which is the owner of Johnny Walker,” Grattagliano told Yahoo Finance.

Their efforts paid off. Heineken’s 0.0 boozeless beer held almost 21% of the market sales for a 16-week period ending on July 31, 2021, Salinas said.It’s not just a trend for younger generations, though. Just ask Holly Sprague and Megan Barnes Zesati. In January, the two longtime friends created, a community specifically for midlife moms looking to get away from the drinking culture created by what Sprague calls “zoom quarantini happy hours” and being inundated with alcohol-related memes.

“We assumed that mothers would complete the dry month challenge and then return to their lives, but we were surprised and delighted by how many mothers said they wanted to do another month at the end of January. And then another and then another,” Sprague said.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Natural gas market soars to record heightsLONDON: European and UK gas prices surged on Wednesday (Oct 6) to record peaks, energised by fears of runaway demand in the upcoming northern hemisphere winter. Europe\u0027s reference Dutch TTF gas price hit €162.12 per megawatt hour and UK prices leapt to 407.82 pence per therm in morning deals. H And here in Singapore are electrically charged vehicles still paying the very low rates while households and businesses are paying ever increasing rates. Wake up before it’s too late. Learn the truth about the vaccines. It’s all on my Twitter page. ⚡️
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »